Net worth

How much do you think is enough? It's usually never enough for a lot of people and life is bound to throw a lot of curveballs along the way (for better or for worse), but what's the first figure that comes to your mind at which you feel "okay, if I work for X more years and amass this much money/net worth, I can comfortably hang up my boots and retire"? Additionally, how far along are you in achieving this goal? I've noticed that a common trend is that a lot of folks, for all their future planning, still don't have enough (or as much as they would like) long-term clarity about what they're working towards and how much more and was hoping this sort of discourse could help bring better awareness. P.S. - I fall in that category as well, fortunately or unfortunately.

https://www.instagram.com/reel/C6iQennNxyG/?igsh=MTF3OWQ5bnNjbWJyYQ==

How much do you plan to accumulate to retire and at what age? What kind of monthly income will let you retire peacefully?

Just want to know what your current net worth is (including house, -debt) and what is your target saving for you to not earn anymore? e.g. 2.25 lacs in hand means 3.3 lacs per month/40lacs per annum before tax, implying at a 4% withdrawal rate, you need 10 crores of savings.

Here is the break-up - Residential Plot we Just bought from our Indian Stock Selling - 90L Equity - 40L Crypto - 6L US Stocks - 26L Mutual Funds - 10L NPS and EPF - 22L Cash - 6L I have not factored in inheritance of about 1CR which will be passed on to us in a long time but I don't want to count that as mine I want to pass that to my son... As that will be his not mine! 3.5 year back I had a educational loan of 17L and my Wife had Equity of 17L so basically we were at 0 at that time... Nothing has changed at all for me... And I do not think even 10-20CR would change me too 😉 I am still a confused stupid... And will be forever ♾️ I have resigned from my current job as I was not satisfied.. I am looking out for more opportunities outside so that I can build the house with that money! Even with 2 CR I don't think I have achieved anything ... I have a long way to go from here ☺️

Folks, what is your definition of ideal salary that can allow you to retire at age of 45 with enough wealth to fulfil your wishes of travelling, buying house, etc.

The FAANG and unicorn employee salaries for even 2-7 YOE engineers is quite insane compared to the average Indian employee pay in other sectors of the economy. The average SDE2 at these companies makes 50+ lakhs per year in compensation (not “CTC” but real money) The average SDE3 makes 80+ lakhs which is frankly insane. What are you guys doing with all that money?

What are your net worth targets and goals by age? Here's mine: 25: 10L ✅ 30: 50L ✅ 35: 1.5 Cr 🟡 40: 3 Cr 🟡