Three years back, i did this social experiment. I had 30% in debt and 70% in equities. My projection was ,I will survive for another 5 years without any earning and let me pursue my passion. But once your money started diminishing fast, your level of confidence goes on toss. Within 7-8 months, I started earning again. All these calculations doesn’t work till the time every month you clock atleast something in your account. Fixed steady income is must for early retirement. It may be rental income or some other side income.
I agree. Last year, on paper I had 1 year of funds but by 4th month the anxiety kicked in bad.
Exactly and when you have family ,this gets double upwards.
As long as parents don't kick me out I'm sorted lol
You should’ve targeted a specific age group in your question @BiryaniEnthu.
I’m heavily invested in real estate and equities and won’t be able to go beyond 2 months without liquidation my assets.
But even if I stop investing today, my net worth will easily surpass $1 million in next 15 years.
I hope that answers your question
Apni to udhari ki jindagi hai
You are not alone buddy
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