FIRE
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
No Fire have to work till possible
1) Target: 8 cr
2) Till i am able to work
3) 31 , 9 YOE
4)10 lakh
I started my career with 22k and after around 6 years my salary was around 50k . Rent, Food and travelling home was major expenses. After 7.5 years i switched and salary increased so increasing savings now.
See more comments
3Cr is invested and should become 5.5Cr base case by the time I am 40. Mix of FDs and Equity MFs. That leaves 3.5Cr to be saved over 9 years (rest will be covered by investing what we save incrementally) between me and my wife. We limit our spending to 1lac/month so 35-40lacs/year should get saved
See more comments
Samesorner
Stealth
2 years ago
How do you guys calculate your net-worth?
Assets (Market value of everything you own) minus liabilities (debt you owe)
Imo if you are serious about this then do not marry or atleast do not have any kids.
Kids esp 2 kids are a 22-24 yr investment a massive amt in fees that will eat up whatever rosy calculations you guys are cooking up :) and plan for some long stock market plateaus as well not a constant metronomic growth cycle
SoreSugar79
Stealth
2 years ago
10cr
40
24 2.5
35
kindi
Stealth
2 years ago
1. 10 Cr
2. 45
3. 23, 2YoE
4. 2L 😂
1337C0d3r
Stealth
2 years ago
10Cr
38-40
31, 8 YoE (Masters Grad)
2.1Cr
... Already pretty much FI in the sense that i take long breaks between jobs and dont ever have to "work" at places that don't motivate me or have challenges and learnings for me. And "RE" for me will likely still involve working in tech itself in bigger moonshots, not really interested in quitting and farming or staying at home and whatnot
1) FIRE net worth: 10cr
2) Target age to achieve FIRE: 50(maybe earlier if ESOPs value increase and am able to liquidate)
3) Current age and YOE: 36, 12
4) Current network: 1.5cr(including home)
moyemoye
Stealth
2 years ago
100 CR
29
28, 5
Negative 10L loans
Plan to get to FIRE: Watching Andrew Tate videos daily
2cr eq
38
44yo, retired,
10cr eq,15cr other assets.
its possible to retire with 2cr, i am just an eg.
Wow congrats! Didn’t fully understand though. You retired with 2Cr or 10Cr + 15Cr assets
retired with 2cr equity investment, but i have other investments like real estate, house etc, but no earnings from it. so it can't be counted as a usable asset, at the time of fire, i worked for 16 years.
Nice stats here but I am pretty sure most of the people here believe life will happen in a straight line. Hope there’s no covid like surprises for you guys. Keep the dream alive and “hustling” 🫡
Discover More
Curated from across