Points to note1) It is difficult to predict the future. Inflation and interest rates could vary a lot in future.
2) Above analysis assume a great discipline in putting aside a good sum of money each month.
With only a few defaults in this, the estimates could vary a lot.
3) Expenditures like vacations, friend loans, stocks, gambling etc. could significant alter the above calculations.
4) Property sale/purchase are pretty big events and can have a huge impact too.
Finally !!Do not use this estimate as a writing in stone :)
You can alter your retirement significantly by finding alternative income sources.
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