How should calculation change if you don’t have kids?
If someone doesn’t have kids and doesn’t need to leave any inheritance, does 3% withdrawal apply to them as well? When I run the models, at 3% withdrawal one ends up with a lot of money at 100 years of age.
Also, if you plan to retire in India, but your investments are in USD, is the 8% inflation still applicable or it get offset somewhat due to INR USD relationship?