1 vote
I am 59 and plan to retire at 62. My annual income is Rs 40 lakh and my office pays for my accommodation, car, driver, phone, electricity and servant. I have other travel expenses of Rs 12 lakh, medical insurance of Rs 39,000, income tax payment of Rs 12 lakh and miscellaneous household expenses of Rs 3 lakh. I have no provident fund, but I deposit Rs 70,000 every year in PPF. My wife is my only financial dependant. I have two apartments that have been let out for Rs 38,000 a month.