Does anyone Have plans of escaping cooperate life

Early retirement plans

Consultant

Early retirement plans- Grapevine

Have you guys think about early retirement 45-50 
Let’s discuss ways to achieve that

Early retirement

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Early Retirement

Marketing Manager

Welcome to News Discussion's Private Community

Or when your current skillset becomes obsolete...

What are your thoughts and plans after retirement?

Human Resources

Welcome to Personal Finance's Private Community

Super frustrated with my job( love the money bit it sucks my peace of mind) . Have savings(combined me and my husband) of 5 cr(MF,FD,PF,ppf) . No assets. When can i leave this corporate slavery?

How much do we need to retire?

Project Manager

Welcome to Indian Startups's Private Community

I’m conducting a study on voluntary early retirement for IT professionals in India, focusing on the factors influencing their decisions. If you are an IT professional who has opted for early retirement or are considering it, your insights would be invaluable.

Please take a few minutes to share your experiences and perspectives through this survey:
 https://forms.gle/tSSqQ2SHnyihGbbP7

Thank you for your participation and support! 🙏

#Research #EarlyRetirement #ITProfessionals #Survey

Early/voluntary retirement

Software Developer

Hey everyone, I'm curious about retirement planning and would love to hear from others about their retirement goals. What retirement corpus are you looking at? What is your current financial status and expected retirement age? I'm particularly interested in hearing from those who have already started planning for retirement or have already retired. Any tips or advice on retirement planning would be much appreciated. Thanks in advance!

You can use the following format
Goal/current status/retirement age/current age

My goal : 10cr/2cr/40/30

10 cr  equivalent after inflation adjustment

Machine Learning Engineer

Welcome to IT Company Discussion's Private Community

1. Build a home earlier. Be it rural home or urban home. Building a house at 50 is not an achievement. Don't get used to government houses. This comfort is so dangerous. Let all your family have good time in your house.
 
2. Go home. Don't stick at work all the year.  You are not the pillar of your department.  If you drop dead today, you will be replaced immediately and operations will continue.  Make your family a priority.

3. Don't chase promotions.  Master your skills and be excellent at what you do. If they want to promote you, that's fine if they don't,  stay positive to your personal.
development.

4. Avoid office or work gossip. Avoid things that tarnish your name or reputation. Don't join the bandwagon that backbites  your bosses and colleagues. Stay away from negative gatherings that have only people as their agenda.

5. Don't ever compete with your bosses.  You will burn your fingers.  Don't compete with your colleagues, you will fry your brain.

6. Ensure you have a side business.  Your salary will not sustain your needs in the long run.

7. Save some money. Let it be deducted automatically from your payslip. 

8. Borrow a loan to invest in a business or to change a situation not to buy luxury. Buy luxury from your profit.

9. Keep your life,marriage and family private. Let them stay away from your work. This is very important.  

10. Be loyal to yourself  and believe in your work. Hanging around your boss will alienate you from your colleagues and  your boss may finally dump you when he leaves. 

11. Retire early.  The best way to plan for your exit was when you received the employment letter. The other best time is today.  By 40 to 50 be out. 

12. Join work welfare and be an active member always. It will help you a lot when  any eventuality occurs.

13.Take leave days utilize them by developing yr future home or projects..usually what you do during yr leave days is a reflection of how you'll live after retirement.

ADVICE TO ALL EMPLOYEES :

Data engineer

Can someone retire with 1cr - invested in FD and stocks..having own home ..no debt ..annual expense - 5 lakh..

Software Test - QA

Hi all, I need suggestions. I am 32 and I have properties worth 3.8cr and my net is 2.7cr. 

I want to sell these properties and retire and live on the returns from fixed deposits.

My expenses are 1 lac a month. I have already invested for my child's education and insurances are covered for upto 75 years of age.

I also have some clients where I work as a free lancer and make 50k per month. I also have mango farm where I get avg 40k  monthly income.

Please advice.

Retirement plan

Sales Manager

Hey, I am 45 years old and working in IT. I have a stock portfolio of around 3 cr and other investments in ppf, fd etc of 1 cr. I have a loan free car and house in tier 2 city.

 I am planning to retire. Is my savings good enough for retirement

Can I retire

Program Manager

Welcome to Software Engineers's Private Community

Currently working as SDE-2 at Amazon, promoted some 1 year back.

I'm totally burned out from work pressure, oncalls, layoff and performance review cycles every 3 months. Thinking of resigning without any offer by June/July.

Will this be the right decision in today's market.
I'll take some 2-3 months rest and start job hunting again, hopefully in better wlb companies.

Just want to enjoy, travel to new places and prioritise my health.
Balding and weight gain are major issues, and i don't think conditions will be improving in Amazon soon.

BUT, the job market is tough, and IDK how it will impact my career 

Is this the right decision or I'm a fool

Total experience: 3.5 Yrs
Age : 27

[Amazon] Resign without offer in recession

Software Engineer

I am feel like I will be unemployed and unemployable before 40. I am 29

working at shitty it service company with hardly significant savings and investment.

what you think about your future. I am surprised seeing my colleague buying farmhouse, big house and car. how do they get  such confident like they have permanent job and good pension.

what's your retirement plan?

Just got to know I was laid off, any personal stories or experiences you folks would like to share, 
- what helped you to find the next job
- how to mentally get over it it etc,

Thanks!

Things to do after getting laid off

So sorry to hear this @Yamprofessional! I’ve seen you on grapevine for some time and you’ve been so great! It felt like a friend got laid off :(  
  
 Please let me know if anything I can do to help! :/

Founder

Product Designer

Started working in 2017 (Graduation: Tier 2 College)  in hand salary: 28K per Month. Worked for 2.5yrs, had big dreams, didn’t knew what to do, how do I 10x my salary, saw my manager 40yrs old earning 25LPA in the same company. Realised I don’t want to do this for the next 20yrs and the reach at 25LPA. Started preparing for UPSC (wanted to make it big) realised within 6 months, this is not my cup of tea, appeared for MBA entrance, cleared the exam joined Tier 1 MBA, post MBA: 25LPA + XX Esops in next two years at 1.2Cr CTC inc ESOPs. 

Before 2030 plan to achieve FIRE with 8Cr networth. By 2040 make it 100Cr and retire. Chill at beach with beer in hand and two other friends. 

What’s your story, do share those goldmine inspirational stories!!

Story of Middle Class guy from 3.5LPA CTC to 1.2Cr CTC (46Base + 72Esops) in 4 yrs

Are you considering 72L esops of razorpay as your own networth? 🤔🤔

Senior Product Manager

I am thinking of leaving my current job and focus on myself, getting to know myself better etc. Currently I have enough money saved for my expenses for next 6-8 months. 
   Everyone I have asked about this say don't leave your job if you don't have another lined up, in this tech winter. I understand their view point. It aligns with what my parents think as well.

Is there anyone who has had done this in the past? Do you recommend this route? Are the consequences far too severe? Does anyone have a different opinion from one stated above?

Anyone ever left job without having another job lying around for their mental peace?

I'm in the same boat, on the verge of quitting, and will most probably take the leap next month.  
 Thanks for the thread. A lot of insights. It has made me confident that I'm not doing anything stupid.

Also not been sick whatsoever, even during covid. I don't know why.

My job requires travel so I do get to spend time abroad.

The last cycle, I ended up making an extra 20L from all the leave encashment paying out at once. That's now worth 24L from a small cap MF.

Why does anyone bother with leaves if you are planning to retire before 40? I want to quit working while I'm still healthy.

Not taken leaves in 5 years

Investor

Welcome to Office Gossip's Private Community

Hi to all the working professionals,
Kindly help me with some advice.
I am currently working in a Fintech company(IT) for last 2 years. The work environment here is quite toxic and I am under a bond which ends after 6 more months. But now I feel the water has crossed the line and I am not able to bear the toxicity and pressure. I can't pay the bond amount but rather I can't even stay here anymore. 
I am thinking of absconding them.
Will it really affect my career and will getting jobs get difficult? Considering I have a good skill set.

Does absconding hamer job search and career?

We’re pretty chill. But I’m planning to go for a vacation to Kerala for 10 days almost, and since i told them they have been weird. 
Immediate response was to say that it’ll be tough to manage the project and that long a leave isn’t possible

I debated back and they were like fine.
But since then it’s just been very cold.

What can I do? 🤕

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