running simultaneously. Often the 45-year-old executive does not have Rs 15 lakh of liquid investment which is easily identifiable. By experience, if I were to exclude real estate and provident fund, the networth of someone earning Rs 30 to 40 lakh per annum is even embarrassing to state. I am not saying real estate is a bad idea but during retirement the rental may not be enough and may not be in line with what you need (could be higher or lower) and you cannot eat bricks. Ultimately, it may seem that you are making a lot of profit but over the years if you consider cost of interest you paid and adjust for inflation the profits will not look attractive. Often I even see people selling property in distress after holding for 10-15 years and having paid so much interest.
Life itself can get so much more expensive when it is spread between two cities. I see examples of people working in India and having families in Singapore. Even a split between Mumbai and Delhi for that matter can involve significant costs each month. Do you see what a huge airfare bill you are running up each month? Some weekends you will need to be in your work city and sometime family will come to your work city. Having life in two cities is not prudent from a financial planning point of view. Somehow the expenses you are incurring may not seem double but will eventually turn out to