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@esta I'm working on the assumptions that interest rates are fixed for FD. OP said to invest a lumpsum into 7% deposit and not invest in regular intervals!

@rski It depends upon person to person!! Also,2500 is the annual rent..what happens when the rent gets increased year on year..you've also got to take inflation into account..overtime, you'll be having approx same income from interest but higher costs,so less savings!!after a certain...