should we save for future -- no --

 in terms of gold as currency value will go down.

assuming that same gold will increase as per the inflation... but practically it will not as inflation is 8% interest is 3.6% and gold appriciation  is 5% on average.

and assuming there will be no jobs or income.

assuming you need 50000 monthly in 2023 for a family - 20k for rent - 20k for food and 10k other expenses

at 1 gram Rs. 5000  = 50k/5000 = 10 grams of gold per month. 

120 grams of gold per year.

if you are 30 years old then you need to save for another 60 years max upto you are 90 years old.

60X120 = 7200 grams for one family.

if you have dependant parents then half for them 3600 grams. 

if you have 3 kids - then you need to save 4X7200 grams 1 for their expense until 30 = 29k grams

total = 7200 + 3600+29000 = 39800 grams = 40 kg 

at current gold price in 2023 = 39800X5000 = 20 crore . 

if you dont save this in 2023 then compound it 0.5% every month. 

this is only if you think up to your sons death. 

but if you dont die before your grand son is born your problem starts there..

you will want to keep your grand children safe until they die. 

for your 3 kids 3X3= 9 grand kids will have 9 families. they all will suffer if they dont get job. 

29k grams for every 3 kids 

for 3 of 3 kids = 3X 29k = 87 k grams

87000 X 5000 = 43.5 crore

total grams = 39800 + 87000 = 126800 grams

Total money needed in 2023 to save up to grand children safety = 126800 X 5000 = 63.4 crore.

but if you want your grand sons to be happy until their death then they dont want to suffer seeing their grandson beg on roads for food.

in that case your 9 grandsons will get anotyher set of 3 = 27 kids.

and those 27 kids will get another 3 making it 81 kids = 81 grand sons for your randsons. 

total 9 + 27 =  36 groups of 3 kids.

29k grams for every 3 kid

36X29k = 10,44,000 grams = 1044 kg of gold.

total money = 10,44,000 X5000 = 522 crore.

total gold required = 10,44,000 + 126800 = 11,70,800 grams

total money required in 2023 to keep your grandchildren happy until death that is for your happiness as you dont want your grand children be sad or suffer pain in their hearts until death. 

 = 11,70,800 X5000 = 585 crore.

can you save 600 crore ..??

so saving money is not the target you need to look for.

what to do then..

you have to plan income methods for 100 families - 

81X50000 = 40.5 lakh per month in 2023

or 40.5 lakh /5000 per gram = 810 grams every month.

you can have a business 

or you can have fruit trees 40.5 lakh in to fruits 

40.5 lakh/50 per kg = 81000 KG per month