Founder

Technical Writer

Private Equity

Software Engineer

No such net worth, just after some amount, you add flexibility to life to do what you wish, when you wish.

Travel. See the world outside of phone screens.

Product Manager

18 cr. had this number in mind since i was studying engg

18 cr INR is what makes a USD millionaire.

DevOps Engineer

1cr in 5 yr horizon and then 10 cr for future.

Data Scientist

7-8 CR if I have a house already paid up to live in. Or 10cr combined and I am done.

Business Development Manager

The more networth becomes, more things you can do with it, more entrepreneurial you become.  
  
 I wanna retire before I attain that stupidity.

Investment Manager

What is your dream net worth? If you hit this amount, you’ll retire tomorrow.

Welcome to Personal Finance's Private Community

Net worth

Net worth- Grapevine

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.

What's your retirement corpus goal?

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

What is the ideal amount you can retire with?

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

What is your retirement golden number

Investment Banking Associate

Product Owner

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.

What is your target saving number for you to be Financially Independent and freely pursue your hobbies.

Product Marketing Manager

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 ☺️

Reached about 2CR! Still Feel Poor! WTH is Wrong!

Not 2Cr even 20Cr you won't be satisfied. 
  
 First, think about what you want out of life, money is not (the only) goal.

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.

Building Wealth

Finance Operations

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?

FAANG & unicorn folks, what do you do with all that money?

Giving 34.2% directly and 18-28% indirectly to gormint. My biggest expenses by a country mile.

Security Engineer

Analyst

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

Net worths target and goals by age...

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?

Those who want to FIRE, what’s your plan?

10 crore 
 - current 7 crore  
 - will reach there in 1 year  
 - currently 37 yo and 1 kid  
 - will focus on teaching, coaching and freelance consulting

Growth Manager

Welcome to Indian Startups's Private Community

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

Networth = All assets (property, equity, debt, gold, etc) - All liabilities ( loans, credit card dues)

What's your approx networth? (Mega 🧵)

Program Manager

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

Retirement

Welcome to Fintech India's Private Community

How to be Finacially free with 17k salary  🤣

Software Developer

I know it's not a big amount, but felt like announcing this. Here's my nw breakdown-

FD/Emergency fund: 5L
MF/stocks: 1L
Sitting around: 4L (can't get myself to invest it, the market seems very overvalued. Will try to invest this in small chunks over a duration)

Next target is 50L, it'll take much longer than this 😭

Reached 10L networth

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

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

FIRE

Welcome to IT Company Discussion's Private Community

Net worth

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