Lifestyle inflation
Risk & psychologySpending rising alongside income, raising the corpus needed to stop working.
In plain terms
Every ₹1 lakh of permanent annual spending adds about ₹28 lakh to your target.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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Spending rising alongside income, raising the corpus needed to stop working.
Every ₹1 lakh of permanent annual spending adds about ₹28 lakh to your target.