The total money you need
To survive a man he has to earn money. But he never knows how much money he needs for his life. When he should stop himself and enjoy his life more and live for his passion.
He needs total money today according to below this table.
1. Money need for his house according to his desired location & quality & standard
2. Money need for household equipment.
3. vehicle cost
4. (Current per month expenses x 12) (80-current age)
5. Children’s higher education today’s cost
6. Children’s marriage today’s cost
7. Today’s serious illness (Hospitalization) estimate cost
8. (From 4 to 7) add 10% for contingencies.
This can be one calculate as per their social class and requirement. One does not need more than this amount of money.