This is the most common query that I get from mid/senior professionals.
Here is a framework that you can use to get your answer.
The key approach to answer this question is to focus on four parameters –
Your financial assets (net of all your loans) as of now,
Your cash flows coming from your financial assets as of now,
Your annualised expenses and
The large future expenses that you need to budget for (like wedding, foreign education etc).
Once you have retired, assume that there is no salary and your annual expenses and large future expenses have to be met from wealth created by your financial assets.
Assuming you have two k