2 weeks Ago By Arjit Saxena
A social media post by Aviral Bhatnagar on X (formerly Twitter), discussing the ideal income for a comfortable life in India, has sparked widespread debate and quickly went viral, with many weighing in on the user's claims. In the tweet, the user, who is an alumnus of the Indian Institute of Technology (IIT), Bombay and Indian Institute of Management, Bangalore (IIM-B) argued that an income of Rs 1.5 lakh per month is sufficient to live well anywhere in India.
For those aspiring to add luxuries such as foreign vacations, the figure rises to Rs 2 lakh per month. He explained that such expenses could be covered by a corpus of approximately Rs 4.8 crore, assuming an annual withdrawal rate of 5%, with any additional returns compounding over time.
He wrote on X, "1.5L/month is more than enough to live well anywhere in India If you want more than being in the top 1% and add luxuries like foreign vacations, take it to 2L/month You can cover this with 5% each year on a ~4.8Cr corpus, the remaining returns compound More is good, not need" Clarifying his stance, the user noted that these numbers represent monthly expenses rather than income.
He added that the distinction between pre-tax and post-tax income is irrelevant in the broader discussion of financial goals. On ambition, the user gave a thought-provoking perspective: "Feel free to aspire for more, but if money is your only ambition, you'll almost always fail to achieve it." He added on X, "For those who didn't follow, these are expenses and not income The question of pre-tax/post-tax is irrelevant On the ambition to earn more, please feel free to aspire - though if money is your only ambition you're almost always not going to get it" Get Latest News Live on Times Now along with Breaking News and Top Headlines from Industry, Business Economy and around the world.
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