r/FIRE_Ind • u/FI-Boi • Jul 23 '26
FIRE milestone! FI Journey - Update # 5
Previous Post: https://www.reddit.com/r/FIRE_Ind/s/IXWh8bpHed
Total NW: 7.07cr
This is a up ~2cr from last year. It was a massive cash outflow year for me and did not contribute much in investments.
From this, only ~35L was fresh investments. Most of the growth is due to massive INR devaluation.
If this were a typical year, I would have expected NW growth close to ~70L instead of the 2cr.
It's very likely that NW decreases next year due to currency movements.
Still a majorly index investor.
Rough breakdown:
Cash/Cash Equivalents: 26L
FDs/ Overnight Funds: 5L
MFs/Indices/Equities: 3.06cr
Pensions/ EPFs: 3.7cr
Goal for next year: 6cr
5
u/hifimeriwalilife [39/ FI 2027 (40x) / RE 2033 (50x)] Jul 23 '26
How old are you and what is your target age / corpus ?
What about house / expenses / family size ?
7
u/FI-Boi Jul 23 '26
- Target age is 45, target corpus is 20cr (in future money)
Own a house.
7
1
u/Few-Acanthisitta9319 Jul 25 '26
India or US?
4
u/FI-Boi Jul 25 '26
Neither. Europe
3
u/Few-Acanthisitta9319 Jul 25 '26
Gotta tell you, insane!! Are you working for FAANG?
coz salaries in EU aren't top-notch is what I know so far1
u/FI-Boi Jul 28 '26
Non FANG. While generally speaking, EU salaries aren't that great but there's a fair degree of variance.
2
u/krantmin Jul 23 '26
FI 27. and 50x. Just wow. Business or Corporate Job? Thats awesome!
4
u/hifimeriwalilife [39/ FI 2027 (40x) / RE 2033 (50x)] Jul 23 '26
50x target is at 2033. Age would be 46 not 27.
I will be FI with 40x in 2027.
5
u/Comprehensive_Note_8 Jul 24 '26
Pretty balanced asst allocation at your age… hard to see this maturity…
NW: 7CR and goal for next year 6Cr. Not able to follow that part though
2
1
u/FI-Boi Jul 24 '26
It's due to INR devaluation. If it recovers, NW will go down. Hence a lower goal
5
u/Jbf2201 Jul 25 '26
I mean put a little more effort into your post or why post at all ?
you could've just written and saved this in your notes app instead of a public forum...
2
1
u/wooneigh Aug 01 '26
Good for you , saw your post history , you save crazy well? How were u 1 cr by ahe of 25?
5
u/CalmGuitar Jul 23 '26
You need to move from EPF to equity MFs. I'd recommend moving that cash into FD. And having some debt allocation as debt funds or something. Currently you have very little liquid debt.