Main Door Project

A while ago, our home’s main door has been giving us a few problems. It has been about 8 years since we moved into our newly constructed house and seems like the maintenance work is now starting to creep up. The first sign of problems started when the door was sagging down at the hinges due to it’s own weight. Being the front door of the house, it is quite heavy, and the clearance between the door frame and the door was very small to start with. As the cycles of the weather took their toll on the door, it … Continue reading “Main Door Project”

The Nun-Chucks Project

So far in this blog, I have been posting articles with advice and tips about finance and how to retire early. But when I started the blog, I did not intend to keep it strictly about retirement or finance. I just wanted to post my journey to retirement and retirement activities. My posts have been about financial planning, tips and advice, mostly upon requests from friends and colleagues. This post, and probably a few more upcoming posts will be a deviation from that style 😀 , since I want to write something about post retirement activities. You may skip this … Continue reading “The Nun-Chucks Project”

Financial Support for Your Parents

You are currently working and deriving a salary. It is easy to support your parents with the salary. But how about when you retire? Hopefully, you have included supporting your parents as part of your expenses when calculating how much do you need to retire. Alternatively, they have enough corpus or other income that will let them support themselves and live independently. In my case, it was a mix of both and I thought I should explain how I am handling it. May be it will help you get some clarity on how you want to go about it. We … Continue reading “Financial Support for Your Parents”

Bored In Retirement. Not.

When I announced my early retirement, some well wishers asked me if I would get bored with so much time on my hands at such productive age. When I told them that I will be working on some fun projects, which should keep me busy, they still wondered if I would feel bored after 6 or 9 months. Some call or email me every few months to see how I am doing. My relatives ask my parents if I am getting bored. It is now almost 9 months since I retired and yet my To-Do list keeps on growing and … Continue reading “Bored In Retirement. Not.”

Record Your Expenses

In my previous posts, you have seen my monthly and annual budgets. Now it is time I explained how I actually track and record my expenses, so I know how I am performing compared to the budgeted numbers. Most of our expenses are paid through debit cards. But in some cases, the vendor does not accept a card, in which case we use cash. We use two debit cards to make payments. Both cards are setup to send an email to me when any amount is debited from the bank. We make online payments or money transfers via NetBanking or … Continue reading “Record Your Expenses”

My Annual Expenses Explained

In my last post, I went over my monthly expenses. In this post I will go over my annual expenses so you too can plan your annual expenses along those lines. For the year 2018, I budgeted an annual expense of Rs. 3,60,000. That comes out to Rs. 30,000 per month. Annual expenses are those expenses that occur less frequently than a year. So things like property tax, buying a car, painting your house etc will come under annual expenses. My annual expenses planning is shown below. The first column is the list of expense types. The second column is … Continue reading “My Annual Expenses Explained”

My Monthly Expenses Explained

In one of my previous posts, I briefly mentioned that I planned my monthly expenses to be around Rs. 50,000 per month. In this post, I want to explain a bit more on how I arrived at those numbers. May be it will help you figure out your own expenses in your retirement. Before nearing retirement I never kept a meticulous record of my expenses, but I was keeping track of where they are going in general. But come 2017 (a year before my retirement), I finally decided to sit and write down what I thought my expenses ought to … Continue reading “My Monthly Expenses Explained”

My Daily Routine

Ever since I retired, lots of people have been asking about my daily routine. So I though I should probably write about it and help the folks 🙂 and this is that post. Before I get started, you have to remember a few things about my reasons for retirement. First, I did not retire to do a startup and run like crazy. That is not to say that I am playing video games and watching TV all day either. I found my Nirvana by doing just enough and not too much. I have a lot of free time and my … Continue reading “My Daily Routine”

Year In Review – 2018 Expenses

Continuing the “year in review” series, this time lets go over my expenses last year. Did they go according to plan? Did I over estimate or under estimate? I think I need to write another post to show how I planned my expenses. But for this post, I will just go over them briefly and how they panned out over the course of last year. To start with, I have two types of expenses — the monthly expenses and the annual expenses. Any expense that occurs every month or more frequently than a year are clubbed into the monthly expenses. … Continue reading “Year In Review – 2018 Expenses”

Year In Review – 2018 Returns

At the end of every year, I take stock of my investments, expenses and net worth to keep a tab on how I am performing with respect to my goals. This is also the time to rejig things if they are not going according to plan. So in this post, I wanted to go over my portfolio returns for 2018 and share any learning. Portfolio vs Index Lets start with how my portfolio performed, compared to Nifty 50, multi-caps, mid-caps and small-caps last year (Jan 1, 2018 to Dec 31, 2018). Almost all indices have given poor returns. The only … Continue reading “Year In Review – 2018 Returns”