I’m from Tier 3 city, software engineer, 7 YoE. I work with great team member and they really love their work but I’m not that passionate. I take ownership of my work but don’t feel like I belong here. I’m not good in coding and SDET by profession. I didn’t save enough money in my first 3 years of career, switched back to back from 2020 onwards and recently moved out of India and now I think I have enough money. I always wanted to settle in my native place, Prayagraj in UP unlike my colleagues and most of my friends who enjoy to be in metro city. I somehow feel I have very less needs and if I shift to Tier 3 city, I’d have less expenses and I don’t have to buy houses as I already have home. At the same time, I feel may be I feel FOMO 5-10 years down the line I left good job, lifestyle. Additionally, I’m looking to get married, none of IT sector girls want to live in Tier 3 and rightly so as they put so much effort so they want to live/settle in metros mostly. 8 years back I took GRE, put all efforts to do MS from US. 2 years back, I got this opportunity to live that life but I feel I don’t enjoy hustle culture/ city lights. Don’t like cafe hopping or anything. I feel at peace when I visit my hometown, my paternal/maternal houses, Varanasi Ghats. I have 1.3 Cr INR but given I’m just 30. As per Finfluencer or by my sane calculation, this is not sufficient. Post marriage, this is certainly not enough. Should I take a break and assess or just keep pushing myself to earn more and then go for FIRE. Hoping for constructive feedback.
What will you do after moving back to UP? What are your after retirement plans?
1.3cr is definitely not a money you can fire with especially with a family. You can take a break and join but the market is not that great so be wary of that as well.
For now, I don’t have any plan. Just want to travel/spend time with college friends, visit my villages and most importantly want to be away from Devices. I don’t have any retirement plan, hoping this break will give me more clarity. My father have building material shop but I’m very bad at people facing business and I’m very impatient if someone borrow money and don’t give on time. This is very common in my father business so big no that I’d go on that path. Definitely, amount is not sufficient and market is not very favorable as well that’s why pushing myself to wait for few more months before taking break. Thanks for responding.
You need a break not retirement, btw also from the same city :)
If you want to live in tier 3 towns, 1cr is more than enough to retire imo. Put the money in a bank and live off of the interest. Travel around, experience new things, maybe start a side hustle of your own.
Try and find a nice non-IT girl from your city itself, don't need to deal with the BS that a lot of modern women dish out these days.
Keep your expenses to a minimum and you can essentially retire in your 30s. Not many people can do that today.
Doesn't have to be a hard retirement either, you can probably go back to work after a sabbatical, if you get bored without work.
Thanks, loved the opinion.
FIRE becomes very boring if you don’t have any alternative goal or mission. Humans need fulfilment and meaning. So, chasing that 5Cr FIRE money is not as interesting as it sounds now!
Totally agree. I’m exploring what make me happy. Thanks for insight
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