I asked ChatGPT to calculate the savings needed as a freelance artist, to live my old age in Pune
Saving for future, May 11 -- I asked ChatGPT to calculate the how much savings corpus I should build for my old age as a freelance artist with irregular income, living in Pune.
I am a 33-year-old freelance artist living in Pune. I earn per project between Rs.20,000-1,00,000. It is not a monthly job, and I may do 6-7 projects each year depending on the scale (this can be between Rs.3,00,000-7,00,000 lpa). How much should I put away for old age, medical expenses, emergency fund and lifestyle in the city. I do not plan to retire but may have to reduce work with age. I have my ancestral house and own a scooter. I invest Rs.1.5 lakh in PPF and Rs.50,000 in NPS, annually. I also have a monthly SIP for Rs.2,000 (equity MF).
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