Building Wealth

By plan, I mean - After what networth you want to FIRE? - By what age you think you’ll achieve that Networth? - How are you going to build that networth? - What are you going to do after you FIRE?

How much money do you need to retire at 30? Lol

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.

Age 30, married, expecting to be alive till 80 50 L in cash Own house & car (no plan to sell any of them) No kids, no loans, no expectations, just basic life Nothing from family Excel calculation is hinting yes :) But need practical advice

For those who are planning for FIRE. Share your- 1) FIRE net worth 2) Target age to achieve FIRE 3) Current age and YOE 4) Current network

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

What is your retirement plan? I found 25X annual saving rule for developed economies where inflation is stable. Any thoughts on this?

I’ll go first. 1. What kind of investor are you? I am an opportunity investor, and I do buy good stocks whenever they are in reasonable valuations. Below are my monthly numbers. 2. Where’s the majority of your investment portfolio ? I have three RE investments and one of them has loan. And I’m planning to buy a property in Goa or HP. 3. What’s your monthly investment breakdown? 1.7L/ Month (approx) 60k - SIP (mutual funds) 60k - stocks (smallcase, us stocks using vested) 30k - as opportunity fund, this is transferred to a different bank account 10-20k - for experimental investments in crypto, nfts, and some trading. This is a new segment and I don’t have much experience in this and that’s why starting small here. 4. Anything else you want to share? I am learning to invest on a daily basis. Reading, videos and podcasts are my sources. Some of my tops picks are Whiteboard finance (Marko), My first Million and Smart Passive Income, finance with Saran, and Akshat Shrivastava.