Savings for R2I

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Ind1an
Posts: 9
Joined: Wed Feb 04, 2009 3:00 am

Savings for R2I

Post by Ind1an »

I would like to know how much savings is good enough for R2I. I have been searching the forum and didn't find any thread on this subject.

Some people may start by saying "it depends", but all I am looking for a wide range. Some of my friends feel that even $100 USD (no house in India) is good to return. Others talk in terms of $500K or million.

I am not counting on the money in 401K, Stocks, etc. Total savings is after selling off house/car in the US. I am starting with my inforamation.

Total Savings : $200K
Single/Dual Income: Single
Family size : 2 kids under five and parents
Own house in India? Nope
Work : IT - 15 years exp...mid-level management
R2I City Pref : Hyderabad/Bangalore
Lifestyle : Prefer to own a 5+ BHK apt/bunglow/villa/row house, car (5-seater, no fancy or imported), no club/disco, kids in International school, etc

Please add other relevant information
RRK
Posts: 2833
Joined: Sat Dec 16, 2006 4:37 am

Savings for R2I

Post by RRK »

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