FluffyTaco
FluffyTaco

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
22mo ago
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SquishyBagel
SquishyBagel

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
CosmicPenguin
CosmicPenguin
Shipsy22mo

How you have only 10L NW with 9yoe

SquishyBagel
SquishyBagel

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.

FluffyTaco
FluffyTaco
  1. 10Cr
  2. 40
  3. 32, 10 YOE
  4. 3Cr
CosmicPenguin
CosmicPenguin
Shipsy22mo

How are you planning to save 90+L per year???

FluffyTaco
FluffyTaco

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

PeppyBagel
PeppyBagel
UBS22mo
  1. 20 crore (incl house cost)
  2. 45
  3. 29, 8 YOE
  4. 38 lakhs
FluffyTaco
FluffyTaco

38 lac is salary or networth?

PeppyBagel
PeppyBagel
UBS22mo

Net worth. I see you’re replying same thing on every comment. Why is that surprising?

BubblyCupcake
BubblyCupcake

100 CR 29 28, 5 Negative 10L loans Plan to get to FIRE: Watching Andrew Tate videos daily

FluffyTaco
FluffyTaco

😹

SleepyNugget
SleepyNugget
Amazon22mo

Hahaha

JazzyPretzel
JazzyPretzel

15 cr
45 27, 5 YOE 50L

FluffyTaco
FluffyTaco

Current networth. And not salary.

JazzyPretzel
JazzyPretzel

It’s current net worth. Lol. Bank account and stocks are running pretty slim

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Personal Finance

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

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?
Top comment
user

10 crore - current 7 crore - will reach there in 1 year - currently 37 yo and 1 kid - will focus on teachi...

FAANG

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

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 compensati...

18K
Top comment
user

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