If you plan to stay in US for 20 or more years, chances are you will get GC or citizenship. In that case, you will get Social Security, even if you move to India. In India a Social Security check of even $1K will give you 65000, at current rates, even more if dollar rises. So, there's your retirement planning if you plan to retire in India.
Ofcourse, this is a very simple solution. The best bet is to start saving and investing. Remember time is your best ally, so start ASAP. Does not matter how much, but start as soon as you can. If your employer offers 401K matching, do invest upto matching atleast, because that is free money. Look into vanguard Mutual funds (low cose index funds are best). Open an IRA/Roth IRA if you are eligible.
This forum is not a good place to look for options. Consult a finacial advisor, and better still educate yourself. If you have any specific questions feel free to emal me at ctdesi10 (at) gmail.com. |
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