RupeePlanner 15% Retire Rule

Traditional budgets use 50/30/20 (Needs, Wants, Savings). In Indian economic realities, particularly for earners under ₹50k, saving 20% can be challenging. By enforcing a strict 15% Retirement SIP first, you lock in your financial security, allowing the remaining 85% to comfortably absorb necessities and modest leisure.

If earning ₹20k–₹35k in a Tier 1 metro like Bengaluru or Mumbai, renting a 1BHK alone is financially unsustainable. Opt for co-living spaces, PG accommodation, or shared flats with colleagues to cap housing under 25% of your income.

For couples with kids, avoid over-leveraging on ultra-luxury international schools early on. Prioritize good foundational state-board or value CBSE schools, and build a dedicated emergency education fund separate from your retirement corpus.

Set up an auto-debit mandate (SIP) on the exact day your salary is credited. By paying your future self first before touching discretionary spending, you eliminate temptation and enforce lifelong wealth accumulation.