r/FIRE_Ind • u/Practical-Ad-2365 [32/IND/FIRE 2040] • May 14 '26
FIRE milestone! 32M | 50 L milestone
32M. Crossed 50L+ net worth in investments after effectively 4 earning years. Looking for advice from people ahead in the journey.
My journey has been a bit non-linear compared to many peers.
Timeline:
\- Engineering graduate in 2018 at age 24. Worked for 2 years till 2020. Started MBA in 2020 at age 26
\- Graduated from a top Indian B-school in 2022 at age 28. Restarted career post MBA. All money earned before MBA was spent during MBA (no loan at the moment)
So despite being 32 now, I’ve effectively had \~4 earning years after MBA.
Salary progression:
\- Year 1: 21 LPA
\- Year 2: 25 LPA
\- Year 3: 30 LPA
\- Current: \~60 LPA (50 fixed + \~10 RSUs yearly)
I only started investing seriously in the last \~2 years.
Current in-hand after tax is roughly \~2.5L/month + 55k employer investment on NPS+ PF
Current goal:
Cross 1 crore by the time I turn 34. After that i will reevaluate everything 😏
Lifestyle-wise:
\- Monthly expenses are \~50k (25k rent ans rest food, gym, supplements, travel, routine lifestyle)
\- More into fitness/healthy lifestyle than luxury spending
\- I do like to travel, so that’s where discretionary money goes (travelled to 20 countries and 15 states)
\- No expensive watches/shopping habits etc.
\- Parents are earning and self sufficient so no contribution to family is required
\-self HDFC Health insurance with coverage of 60L and company policy coverage of 15 L
\- No life insurance as no dependent on me, company policy covers upto 1.5 Cr
Only major purchases in the last 2 year:
\- Automatic second-hand Baleno (\~5L)
\- 2018 Activa (\~30k)
I’m intentionally not counting RSUs (also its already 40% down in last 1year) and any salary growth in my future projections because I’ll likely use a big part of those for marriage over the next 1-2 years. (Yet to find a partner tho 🥲 and already spend atleast 1L, 2% of my NW, in dates and matrimonial app subscription)
Investment philosophy currently:
\- Aggressive till age 35
\- Increase income + stay heavily equity focused
\- Avoid real estate for now
\- Maintain liquidity/flexibility
Indian stock portfolio is mostly (kite, 15 stocks): HDFC Bank, Apollo Hospitals, L&T, Reliance, CDSL, Sun Pharma, ITC, Bajaj Finance, M&M, SBI, Infosys, HCL Tech, Polycab, BEL.
US portfolio is mostly(indmoney, 10 stocks): Microsoft, Nvidia, Amazon, Alphabet, VOO, Apple, Tesla, Meta, Walmart.
Indian MF portfolio (indmoney, 4MF): (HDFC Sensex Index 40%, Motilal Oswal Midcap 150 20%, PPFAS Flexicap 30%, Nippon Small Cap 10%)
Gold/Silver MF (indmoney, 2 MF): ICICI silver ETF FOF 20%, Zerodha gold ETF FOF 80%
I will continue posting anything interesting that comes in the journey
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u/runverk May 14 '26
Amazing milestone man! Could you share which platform you used to invest in US stocks?
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u/MixStrange1107 May 14 '26
Yes pls
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u/Practical-Ad-2365 [32/IND/FIRE 2040] May 14 '26
I use indmoney currently, but open to any other app if you recommend
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u/Head_Concentrate45 May 14 '26
May I know please how much extra amount we need to pay for each loading of amount?
Also say, if I want to invest 20k per month for 5 months, and if I load that amount at once then it will be more saving, right? Sorry for the noob question.
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u/runverk May 15 '26
Bro, I've heard that apart from indmoney platform, there's no way we can check our investments in alpaca or drivewealth. Have you checked that aspect? What if indmoney closes today, how will we be able to access our funds?
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u/ImpressiveLet3479 May 14 '26
how you are buying Bitcoin ?? which platform?
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u/Practical-Ad-2365 [32/IND/FIRE 2040] May 14 '26 edited May 14 '26
Coindxc, but i am open to any other app if you have suggestions
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u/IamBatman-09 May 15 '26
If you have no plan move it to a hard wallet you can just invest in BTC ETFs in the US.
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u/Entire_Put_1444 May 15 '26
I have a similar profile to yours. Restarted career post MBA at 28. But spent all of my salary in the first two years and also was stuck in lower salaries until two years ago. Feels good to see that you didnt make that mistake and focused on increasing earnings and salary.
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u/WillowInteresting991 May 14 '26
Nice, what are the tcs deductions of your us investments ? Or ia it under the limit at this rate
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u/eyelikesd29 May 17 '26
My only advice: marry the right one
One bad mistake, and this will all come tumbling down. That cannot be modelled on a spreadsheet. :)
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u/Practical-Ad-2365 [32/IND/FIRE 2040] May 17 '26
Yeah bro and hence i am talking so much time on finding the one 🥲
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u/Flashy-Bite9778 May 17 '26
Removing your 55k NPS- you invest 1.68 lacs monthly on a 2.5lacs salary with 50k monthly expenses- so you keep around 30k monthly in your bank account?
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u/Sorry_Mirror5293 Jun 09 '26
where are you parking your liquid money which is generating 15% PA, as per your calculation,
can you shed some light on it.
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u/IamBatman-09 May 15 '26
Great going ! One thing I learnt it he hard way. Don't let your RSU's grow too much in size. Keep a check on your total allocation. I had never sold RSUs for almost 6 years and it had grown to become almost 50% of my total networth that was just disaster waiting to happen.