Retire At 40

I was reading this article on MSN Money, and it really intrigued me how true it is.
The article was about If you can retire at 40 and how? The solutions suggested was quite simple to save 20% of your every paycheck, and put it in an index mutual fund and don’t touch it until you are 40…sounds too good to be true, but calculations say that its a good decision. On an average, the index funds have good returns.

Question is, how easy it is to take out that 20%, and wait for delayed gratification when you can have it now! Again, there are two schools of thoughts:
1. You are young now, you have whole life infront of you. Spend, enjoy, have fun..who has seen tomorrow??
2. No one has seen tomorrow..better save for tomorrow because you never know what could happen.

Both of the streams are right, and its very difficult to choose one. Right? (if its easy let me know how you made it easy 🙂

Anyways, so my questions remains the same..what thought stream to follow? What would you do? Is it true that we write our destiny? and if we do, should we write it now by spending and having fun, or by saving for later?

In Richest Man in Babylon, Author has given a success rich recipe of saving 10%, paying-debts 20%, spending 70%.
So, that makes saving part easier..but again, if you do have debt ..which most of us today have, it makes the things difficult because now you have 30% to save, and only 70% to spend…talk about a shopping spree!

Another way of money management suggested by an indian story is of 25% for all…that means 25% to past – for Debts. 25% for present – thats for spending. 25% for future, means savings and investing. and 25% for charity and giving back to society. I wonder how many of us still believe in society, and giving back to it…but still, this again is a good recipe for success, provided you can stop your hands from going into your pocket everytime you see a new dress on display in the mall.

Give me your frank opinion…what strategy will you prefer of these 3? or, if you have another strategy…please do share. God bless.

Wo dekho ek Software engineer ja raha hai

I got this fwded from one of my friends..I dont know who is the creator of this marvellous piece..but looks like it comes straight from the heart….enjoy!!

Apne Project ke bojh tale daba jaa raha hai,
Wo dekho ek Software engineer ja raha hai,

zindagi se hara hua hai,
par “Bugs” se haar nahi manata,
Apne application ki ek ek line ise rati hui hai,
par aaj kaun se rang ke moje pehne hain , ye nahi janata,

din par din ek excel file banata ja raha hai
Wo dekho ek Software engineer ja raha hai,

das hazaar line ke code main error dhoond lete hain lekin,
majboor dost ki ankhon ki nami dikhayi nahi deti,
pc pe hazaar windows khuli hain,
par dil ki khidki pe koi dastak sunayi nahi deti,

satuday-sunday nahata nahi, week days ko naha raha hai,
Wo dekho ek Software engineer ja raha hai,

Coding karte karte pata hi nahi chala,
bugs ki priority kab maa-baap se high ho gayi,
kitabon main gulab rakhne wala , cigerette ke dhuyen main kho gaya,
dil ki zameen se armaanon ki vidayi ho gayi,

weekends pe daroo peke jo jashna mana raha hai,
Wo dekho ek Software engineer ja raha hai,

maze lena ho iske to pooch lo,
“Salary Increment” ki party kab dila rahe ho,
hansi udana ho to pooch lo,
“Onsite” kab ja rahe ho?

wo dekho onsite se laute team-mate ki chocolates kha raha hai,
Wo dekho ek Software engineer ja raha hai,

kharche badh rahe hain,
baal kam ho rahe hain,
KRA ki date ati nahi,
Income Tax ke sitam ho rahe hain,

lo phir se bus choot gayi, Auto se aa raha hai,
Wo dekho ek Software engineer ja raha hai,

Pizza gale se nahi utarta,
to “Coke” ke sahare nigal liya jata hai,
office ki “Thali” dekh munh hai bigadta,
maa ke hath ka wo khana baar roz yaad ata hai,

“Sprout bhel” bani hai phir bhi, free “Evening Snacks” kha raha hai,
Wo dekho ek Software engineer ja raha hai,

aapne ab tak li hongi bahut si chutikiya,
Software engg. ke jivan ka sach batati ye akhri kuch panktiyan,

hazaron ki tankhwah wala, company ki karodon ki jeb bharta hai,
software engg. wahi ban sakta hai, jo lohe ka jigar rakhta hai,

hum log jee jee ke marte hain , zindagi hai kuch aisi,
ek fauj ki naukri, doosri software engg. ki , dono ek jaisi,

is kavita ka har shabd mere dil ki gehrayi se aa raha hai,
Wo dekho ek Software engineer ja raha hai,