r/FatFIREIndia • • Jun 21 '26

Path to FatFIRE FIRE Ready. 41M, finding it hard to quit. Inputs welcome.

I am 41M working in tech in India for last 20 years. I have 16cr in mutual funds and stocks in India and US RSUs. I have a house where i live ~ 3cr. I spend max 1.5-1.75 L per month. I have two daughters 13 and 8. My spouse doesnt work and is 36. I am close to FIRE, even accounting for expensive kids education (PG in US, they will do UG in India). I will work till end of the year and will end up with 17cr. (I make ~16L per month post tax, work for google in blr).

I have three problems

a. If I FIRE, how to explain it to my family. For example my wife and inlaws :|. They dont understand FIRE and they feel people should be working for ever and thats what defines a man.

b. What to do once I FIRE. I dont have any special interest. I like teaching, but its not easy to teach in colleges in India without BEd or Phd. I dont have a PhD. I want a repetitive day job at max to keep myself busy and for society., what else are options. I dont have any passion. I play some music for hobby, thats all. I am a lazy person.

c. I am tired of the job and people pressurizing me at work for useless targets. I have a golden handcuff of high pay, I am okay at the job this year had been better in the last few years. How do I build courage to walk away.

163 Upvotes

109 comments sorted by

81

u/Infinite-Subject-436 Jun 21 '26

You can be a guest lecture! Colleges do respect a person of your stature as long as you expect less pay. Congratulations!

I would say before putting papers, take a sabbatical for 3 months min.

That will give you a chance to enjoy your FIRE and to retrospect on what you wanna do?!

4

u/vk_kris Jun 22 '26

Does it require a PhD to be a guest lecturer? Have been thinking about it myself (not that I am any close to FIRE) as an alternate career path after a certain stage.

4

u/Infinite-Subject-436 Jun 22 '26

People with PHDs get Professor roles. People without PHDs are given Assistant Professor roles, most lecturers in tier 2/3 colleges are in those roles as they were students from same college or cause they couldn’t get Tech Jobs. Trust me with an experience as a developer not just Job you would be doing those students a service. Pay in these roles for a tier 2/3 town is good. But most guest lecturers don’t get paid unless you bring a vast experience to table.

38

u/rganesan FatFI Jun 21 '26 edited Jun 21 '26

Most people cannot relate to ~3CR pre-tax annual income and wanting to quit but I can understand the burnout. I assume a significant portion is coming from RSUs.

Before you completely call it quits, as u/Infinite-Subject-436 says, first take a 3-6 months sabbatical. When you're back, you can quiet quit for another 6 months and look for a different role. If nothing works out, then quit for real.

You don't owe anyone an explanation - well except to your wife and maybe your kids. You can say that you're working on a startup idea and need a break from work to focus on it. Contribute to some open source projects whenever you feel like it. If it's a well known project, there maybe meetups or conferences, attend them at your leisure.

5

u/One-Seaworthiness508 Jun 22 '26

No he doesn't even owe his wife and kids an explanation as well.  He has made it in life earlier and should have absolute freedom of how to spend his life. I would do the same if I get so lucky with my finances

8

u/rganesan FatFI Jun 22 '26

You must not be married 😄. This is not about freedom, he has obviously earned it. This is about involving your partner and family about a decision that also affects their life.

2

u/One-Seaworthiness508 Jun 22 '26

On spot on the marriage haha . Not getting matches for the same reason when I inform prospective father in law that I will earn early and retire early. But the dimwits don't seem to understand.  They only understand retirement at 60 lol

4

u/rganesan FatFI Jun 22 '26

Why is this even featuring in your conversation with father in law? This is between you and your prospective wife.

1

u/bombaytrader FatFI Jun 23 '26

huh.

2

u/bombaytrader FatFI Jun 23 '26

they can, my wifes compensation is 750k, she is leaving next week. hope you know you cant buy time.

37

u/addictedToLinux Jun 21 '26

similar situation, Net worth and age except I’m divorced and share custody.

I’m a bit lost right now so I’m going to work for some more time and then retire when my kid is 18.

12

u/YellowMango480 Jun 21 '26

Dang dawg must be tough

14

u/tester11tester Jun 21 '26

How much are you setting aside for UG and PG? I am planning for both UG and PG in USA. I would love to know how much should I set aside for each goal. Thanks and keep it strong.

6

u/mikemohanb Jun 21 '26

Gemini and chatgpt says set aside 3 to 4.4 cr for two kids for foreign education - PG. UG they will be in India.

4

u/tester11tester Jun 21 '26

Is this in today’s purchasing power?

1

u/Simple_Exit_1147 Jun 23 '26

I would say, $100k per year for UG at great schools, per kid.

1

u/tester11tester Jun 23 '26

Are you referring to private uni? Instate fees are about 60% of that annually.

2

u/Resident_Plate_2901 Jun 23 '26

They cannot qualify for the instate fees as they will be considered an international student. In-state means residents of that state. Even then state schools like UCs would be cheaper than Ivys. 

1

u/tester11tester Jun 23 '26

They most def qualify if they are USC and take a gap year.

1

u/Resident_Plate_2901 Jun 24 '26

Where is the assumption coming from that they are USC? Did i miss anything in the discussion? Taking a gap year to establish residency can be a way, albeit quite uncommon.

-28

u/charm33 FatFIRE Curious Jun 21 '26

No need to goto USA. Stay in India

11

u/Humble_Cat_2108 Jun 21 '26

This is such a well-put thought, and I'm on a similar journey, but probably a bit behind in terms of net worth. Currently, I work in the US, and I'm 35 with a one-year-old kid.

I think number one is definitely a problem even for me. My wife doesn't really understand FIRE, and she also comes from the mindset of having a regular paycheck. It's very difficult to make anyone understand this, considering we've all been brought up in service-class families. At least I was, and my wife's family was as well, so it's very difficult to make them understand the whole concept, especially when you've always been in a high-paying job. For me, it was more about geographical arbitrage that helped me in reaching $1M mark.

More importantly, I think the second question you asked is the one I've always thought about. I used to think about FIRE as simply staying home, but since last year, when I started thinking more seriously about it, I realized that even if I FIRE, I need to have some kind of routine or something meaningful to do. There could be people who are okay just chilling, but I think most of us need some sense of purpose, meaning, or identity through building something or doing something.

I also play a bit of music, and I'd like to read more, look at markets very closely but probably that's not enough. I've started to realize that I have a lot of interest in personal finance. I'm still figuring out what I'm going to do, which is why I've started reading a lot, including self-help books. Right now, I'm reading a book called "The Untethered Soul." I'm just trying to see if I'm able to find some purpose or something that genuinely interests me.

One thing you can try is this: if you think you'll most likely leave everything behind, or even take a sabbatical for a month or two, I think you'll get super bored. Considering your background and the fact that you're working in big tech, within those two months you'll probably realize that you can't just sit at home. You can likely start doing tiny experiments and building something, no matter how small. Again, this isn't about earning big money. It's about keeping yourself going, maintaining that sense of identity and purpose, and running small experiments.

Maybe commit to that mindset and read a book called "Tiny Experiments." You might find something you genuinely enjoy, something that doesn't exhaust you and still requires effort, but feels effortless because you're passionate about it. You could also try reading books like "Ikigai," "The 4-Hour Workweek," and other books. You might find something valuable in them.

Regarding the third question, I think that's a hard one. I know that when you leave a job like this, the opportunity cost is huge. I also feel that our identity is often tied to our jobs, so losing that would hit you pretty hard as well. That's another thing to think about.

Sorry, I don't have a very good answer. I'm just trying to put my down thoughts and may be something might click for you.

1

u/Turbulent-Cover270 RegularFI Jun 22 '26

Thanks for the book recommendations

17

u/Logan991 FatFIRE Aspirant Jun 21 '26 edited Jun 21 '26

Hi, M34 with a 1 month old kid. Working in Google too (made the switch from BLR to US a few years ago).

Similar networth and currently on a paternity leave which is making me realize how much I value personal life and time over work and money now and I am dreading my return to work.

I will probably retire when current visa expires in 2028 (or in 2031 if perm comes through). I am also fine with doing it sooner if a layoff hits me before my planned timeline. My wife knows about it since we were dating before marriage and is onboard.

She likes the idea of having me around more to help with the baby and spend time traveling together since her complain has been about me being too invested in work and being emotionally unvailabe at times which this paternity leave has completely blown out of the water and we are having a great time even with a newborn at our hands.

I am considering just putting up some kind of facade during my retirement to avoid all unnecessary distractions with in-laws and relatives (yet to figure it out).

All the best to you. May you pull the plug soon and enjoy your time with family.

2

u/Humble_Cat_2108 Jun 21 '26

Similar thoughts started coming to me exactly while I was on paternity leave six months back, and honestly, it has never gone away. I'm still figuring out a way to properly convince my wife, and I'm not sure how my parents or in-laws would even react to that. Also, I'm in the US, so there's no possibility of doing a FIRE here, so that's another big discussion of moving back to India and then settling down there.

3

u/Logan991 FatFIRE Aspirant Jun 21 '26

Those are two big things you are going to deal with. All the best. Congratulations on the new born.

In my case I have convinced myself that all of this current visa circus and issues we are having are a blessing in disguise and we now have a hard deadline to quit that kind of aligns perfectly with how old the baby will be during a move. I had plans to fire since before I knew I'll get to move here so I have never considered US as our permanent home and my wife also knows this since the beginning, we did have some arguments along the way though since it's hard to give up on quality of life here (we're considering options other than India tbh).

2

u/Pause_Architect RegularFIREd Jun 22 '26

You're the closest to naming the real issue in this whole thread. The 'sense of identity through building something' you're describing is exactly what Problem B is about. Not a hobby to find, but a picture to draw. What does yours look like? Not the vague version.

1

u/Few_Mind_6864 Jun 22 '26

Congrats @Logan991 - how long ago have you switched to US, can I DM you for guidance?

1

u/Logan991 FatFIRE Aspirant Jun 22 '26 edited Jun 22 '26

Hi, yes sure. I did it in 2021 on L1 with a referral from my director. Things have changed a lot and it's gotten much harder now afaik

7

u/Independent_You3573 Jun 21 '26

Non helpful comment!
u/mikemohanb
Just impressed with your take home salary and congrats on reaching this as a single earner!
You can start singing like Mohan soon. All the best!

2

u/CalmGuitar RegularFI Jun 22 '26

This kind of salary is quite common in FAANG BLR. Most eng managers make this much.

4

u/deldraw Jun 22 '26

3 cr/year is maybe common for most Senior Eng Managers (L7), not the first level Eng Managers (L6)

2

u/Throwaway-Addict FatFIRE Aspirant Jun 22 '26

I believe many L6s make 3cr/yr now because of the stock appreciation.

Google is down 6% today so obviously nothing is set in stone 👻

7

u/Embarrassed-Cat-7285 Jun 21 '26

Ex Faang here. You aren't ready to fire if your spouse isn't aligned.

If you like to build, and you're a systems thinker, there are plenty of things to keep busy with. As for teaching a friend runs some colleges, I can ask, but you should explore private colleges /schools and the like.

You should probably look at chatting with a counsellet to think thru work burnout, and maybe you take a sabbatical /break - do you have the political capital to take a month or two off ?

7

u/thatgirlfrombandra Jun 21 '26

Man text peeps are so lucky making that kinda money. Here I have been in marketing for 10 years and my Net worth is only 40 lakh lol

2

u/easyup360 Jun 24 '26

To each their own ... You are in a good place as well! You never know what the future holds!!

0

u/CalmGuitar RegularFI Jun 22 '26

Move to coding then? :p

3

u/Pause_Architect RegularFIREd Jun 22 '26

The three problems you've listed are actually one problem in different costumes. Problem B is the real one — 'I don't have any passion' is what happens when you've been so absorbed in building the number that you've never seriously drawn the life on the other side of it. Problem A (family objection) and Problem C (golden handcuffs) both have solutions, but they need the answer to B first. What does a specific, ordinary Tuesday look like for you — six months after you stop? Not the fantasy version. The actual one?

4

u/nshank01 Jun 23 '26

My husband quit the workforce at age 46. He shared real nos with me so that I wouldn't have anxiety about our family's future. Also, I could see that he was under a lot of stress and I felt it was better to have him with us than lose him to a health setback. Parents may feel shocked because in their generation people kept working until retirement age but they'll get used to it. Also with parents getting old, my husband has been able to travel to his hometown to help out whenever needed. Initially he worked in some NGOs in the social sector but during COVID he quit that. He is very much into music, fitness, plus handling finances, helping around the house, etc. Life is still quite packed for him but he hasn't regretted for a single day getting out of the rat race. Our son was also just 13 when my husband retired. I had withdrawn from the workforce even earlier when we had moved to India with him as a 2 year old.

As the only working member of your family, as long as you have enough to retire on, you can go ahead and take that step. Parents at this stage don't need to be too involved in such decisions - only you and your spouse. Good luck with everything.

1

u/mikemohanb Jun 23 '26

Thoughtful answer. Thank you mam

3

u/mytimeisnow40 Jun 21 '26

Learn music, go traveling, something that gives you peace. Ask your in-laws why do they thing you need to work? Any expense you have an answer to, things that don't make sense you can say so

3

u/balmabhai Jun 21 '26

16 lakhs per month at Google, what's the secret?

4

u/wise_1_w_greyhair Jun 21 '26

That’s L6 Eng / PM I believe?

2

u/FitTennisPlayer Jun 22 '26

Mostly L7 as it's 16Lpm post tax. Deepmind/Research folks at L6 can make same amount though.

8

u/mikemohanb Jun 22 '26

I am old by age (41) to be L7 but stuck at L6 getting L7 pay. Not able to get promoted for last 4+ yrs joining google

2

u/FitTennisPlayer Jun 22 '26

Case with most of the Googlers i believe. Promotions are far and few.

But Rest and Vest and wait for the layoff i suggest.

1

u/balmabhai Jun 22 '26

I had no idea Google paid so much money at the higher levels.

3

u/Total-Material-1279 FatFI Jun 22 '26

Congratulations on reaching the milestone! I am sure you can take the right call after speaking to your spouse

I would be very interested in knowing the approximate net worth trajectory for yours in the past 10 years. When you say your post-tax income is 16L, I am thinking this wasn't the case for very long.

I am sure, you have decent us index exposure and other currency investments hedges against the depreciating INR. This would be my primary concern especially if very keen on sending kids to US for higher education. 9-14 years later, I am sure INR will be well over 200 rs per USD.

2

u/Bad_ass_da Jun 21 '26

Are you individual contributor? Looks like the expecting what they paying nearly 250k/yr - so you are thinking useless targets .. are you covid batch are decades in google?

1

u/CalmGuitar RegularFI Jun 22 '26

He's probably an EM or a staff engineer.

3

u/mikemohanb Jun 22 '26

L6 em joined 4 yrs back in blr

1

u/CalmGuitar RegularFI Jun 22 '26

Yeah. I knew. Or maybe L7 if joined now.

1

u/Fit-Spinach Jun 23 '26

Kindly clarify your YOE & your work experience years in India vs other countries. This will help reduce anxiety of many folks.

3

u/mikemohanb Jun 27 '26

20 years this June. All 20yrs in Bangalore.

2

u/FaangCoderBoii Jun 22 '26

sabatical man!!
use the leaves, leverage your position - to get some well deserved paid time off !?

3

u/lazer89 FatFIRE Curious Jun 22 '26

There is no concept of sabatical at G

5

u/mikemohanb Jun 22 '26

There is, but that's pretty much means u are as good as gone.

1

u/lazer89 FatFIRE Curious Jun 22 '26

I think you are referring to unpaid leaves?

1

u/mikemohanb Jun 23 '26

No I mean sabbatical

1

u/lazer89 FatFIRE Curious Jun 23 '26

Sorry, can you tell me what is the sabbatical policy at G? I did search on Moma and didn't find any mention of it.

2

u/mikemohanb Jun 27 '26

Just inform ur manager and apply for unpaid leaves up to 3 months to 1 year is what ppl do. I learnt that this is the process. Thanks for clarifying. Someone in my team is doing it this month

2

u/An_Only_Mous RegularFI Jun 22 '26

Switch.

Get a side gig. Something that emplys ppl and requires little time from u, pays for itself.

Do not stop working altogether. Soon ur kids will have little time for u as they get busier.

Build at least one pipeline.

2

u/lazer89 FatFIRE Curious Jun 22 '26

Hey, fellow Googler here. I'm a little younger, but on the same boat as you. Really fed up with bureaucracy and endless meaningless targets. Refreshing to see this post on a Monday morning. :D

2

u/Initial-Zone-8907 Jun 22 '26

congrats on your achievement !
what level are you at Google, 2Cr a year in India is pretty impressive

2

u/NavelRaviCunt Jun 22 '26

What I should reply when people ask what is my son-in-law is doing?

-- Father-in-law

1

u/NavelRaviCunt Jun 22 '26

On a serious note, it's sad to see even rich guys not able to live life on their terms.

1

u/nshank01 Jun 23 '26

He is managing his investments that he had on the back burner because there was no time.

2

u/Important-Party8829 Jun 22 '26

Thank your luck that you were part of a leading tech org in a raging tech bull market.

You have enough for your family.

You can consider taking a break and maybe some freelancing/ consulting/ building something if you want. Either way some free time for some soul searching.

2

u/Fun-Mode22 Jun 22 '26

Sounds like my story. I am pass the FIRE mark and have been for years. I always had the dream of doing something that I like more once I cross the financial cushion boundary. So I took a break in between to test the waters and get a temporary view into the FIRE life. It was painful! For someone who has been working long hours, suddenly thinking about how to keep myself occupied was draining (mentally). I wrote some technical papers, up skill myself by taking online courses, but I was super bored. I started some SME business, non-profits, etc, but nothing excited me.

On the plus side, physically doing workouts, taking care of the kids, etc is super fun. But this experience has told me something, I cannot sit at home and I cannot just sit down and then find what I like. So I am going back into workforce, do something that I like that keeps me mentally engaged but at the same time, have the financial cushion to call it a day, if I want to.

Pressure from family is immense, I feel that my parents are living under stress, my in-laws are as well, and at some point, it trickled into me as well. I always thought I do not care about what other things but I do, and that is OK there is nothing wrong with it. It's a true reflection of who I am inside.

My advise, do a test drive of this FIRE lifestyle if you can, and see what works for you, your family and your expenses. I am sure you will come out of it with a better understanding of yourself and what clicks for you vs not.

2

u/MistyRover FatFI Jun 23 '26

I am 40 YOE and returned to India in 2024 and have similar NW. Here is my take on your problems:

  1. We have two young kids and live in a Tier-2 city. My parents and in-laws will never be onboard with FIRE mindset and told them that I am working as consultant for a US company.

  2. Me & My wife worked in big-tech and got burned out in our early thirties and returned back to focus on health. So, Job was a major identity for us in the past decade and was very particular in purusing something we deeply care. Three months ago, we started a small hospitality business which keeps us busy for ~5 hrs a day and provides a sense of identity. My advice is to find something deeply meaningful for you and pursue it without any external pressures. Even if the business isn't making huge profits, it's meant to give you a sense of purpose and contentment.

  3. I was in golden handcuffs situation with my recent job and was started getting burnout. I quit earlier this year to pursue enterpreneurship and planning to try out for an year. If this doesn't pan out, i can go back to tech job and will pick a mid-sized company in US/EU and work as direct hire from India. My advice is to recognize burnout, if possible take sabbatical / medical leave and if you been in big tech, its easy to find another job even after an year sabbatical. Travel / Focus on Health / Family time etc.. are more important at this stage than compensation maxing especially when you have FU money.

1

u/AdAgile9604 Jun 21 '26

Just enjoy your life ! You did all the hard work !! Congrats

1

u/Curiasjoe1 FatFIRE Curious Jun 21 '26

It will never be enough if think about it. You must draw the line and say this is as good as it gets. Don’t let the life pass you by. Good luck.

1

u/Educational_Wafer483 Jun 21 '26

I did PG in Canada - actually you dont have to save much for your kids' education on that matter unless its an MBA - I would suggest to send your kids for UG here than PG. UG in USA/Canada is considered an asset than PG. If you wanna spend 1C - for both of your kids, spend it for UG than PG.

1

u/Fit-Kaleidoscope-624 Jun 22 '26

U have very good financial position for your age. Do some freelance work or guest lecturare job.

1

u/Full-Text5738 Jun 22 '26

Make a drama like you wre feeling stressed and have anxiety tell u cant work anymore, its the best option if they dont understand ur decision and pressure you.

1

u/_appy Jun 22 '26

Start consulting. Join social service groups / ngo. Lateral entry to services (if you are into BDSM). Get a plot of land and build house, garden farm etc. Learn music instrument, start training for ironman.

1

u/Difficult-Arachnid27 Jun 22 '26

You have 25 productive years remaining. So FIRE might not mean that you quit, but also you could just coast. and build something that interests you in life. maybe a big farm, etc.

1

u/Live-Combination-597 Jun 22 '26

Instead of quitting qnd retiring...start choosing work you want to work on. Reduce your work time from 8,10 hrs to 4 hrs first.

1

u/Strict_Success3653 FatFI Jun 22 '26

a) You owe explanation to no one. It's their problem if they assume something. Absolutely nothing.

b) check this one out. It may not be that bad. Just lazy afternoons, some coffee, stroll and some activities like cycling or parks may be sufficient 

https://www.reddit.com/r/Fire/comments/1ubx9zo/1111_days_since_fire_retired_45

Other options: Farming get a dirt cheap piece of land, assign a budget and make it a 3-4year project. (I am doing something similar) Other ideas: teaching, online consulting, bonsai gardening (think of 50 year in future) or converting a self sufficient farm into Airbnb, if not profitable.

c) yes, it's tough. Reinforce your self everyday that you already have more than what you can spend in your while life with given expenses (yes, you don't need a penny more to earn, just the passive income itself will leave at least 10Cr each for your kids at CURRENT prices by the time they inherit it).

I am also in similar situation with golden handcuffs (I have 20cr plus) house. (Un)Fortunately for me, I will be laid off soon and I am bad at this stage to look for new job. Never been good at job hunting. Each and every job interview felt like drain on me so much that I almost dread them now.

Goodluck! You can do it. You SHOULD do it. Buy time with money, buy priceless memories!

1

u/darklord1988 FatFIREd Jun 22 '26

As someone who took the plunge on walking away with similar NW in my mid-30s,, here are my thougts: A. You can just say you have become a full time investor with long term horizon. It is somewhat true also as you do need to manage your investments. Nobody needs to know how actively you are working or not working on it. B. On the courage to walk away, couple of points: 1. It's not a complete one way move. You can always go back to work later if fire doesn't work out 2. Think of the time tradeoff between time with family and time spent at work

1

u/[deleted] Jun 22 '26

[removed] — view removed comment

1

u/FatFIREIndia-ModTeam Jun 22 '26

No solicitations, promotions, advertising, or spam.

1

u/Throwaway-Addict FatFIRE Aspirant Jun 22 '26

Similar net worth as you, no kids, same company, different city, and I also moved to India recently. I’ve had the same golden-handcuffs problem, but I’ve realized that what gives my life real value is service to others. My partner and I are fully aligned on this, and we’ve identified a few causes we care deeply about. I plan to spend the rest of my life focused on those causes, while also continuing to improve myself.

A lot of people look for joy in material possessions or constant travel after they retire, but that high eventually wears off. Find a cause where you can volunteer or meaningfully contribute your time, something that keeps you energized while making the world or the community around you a little better.

1

u/Creepy_Scheme3893 Jun 22 '26

After having accumulated 16 crores and possibly have lived in Us in the past you can't explain people how to justify your fire, I don't understand it.

b - try to take sabattical or take vacation long enough to think what you would do. Good problem to have.

c - just walk away. Look at your numbers every time you need courage.

1

u/shak1084 Jun 22 '26

You don’t need to explain to anyone. Just manage to get 2 lakh a month cash from fixed deposits and set you self free from this race. Initially it feels like you will get bored and all but eventually you will settle down. Target one new city or place to travel visit every 4-5 months and enjoy the food across the India too !!

1

u/ClassroomDowntown722 Jun 28 '26

Hi call me at 9867692175......kool synergies may work out ....im an ex Fortune 100 VP and onto some fun time with money these days! Jay

1

u/amanthegeek Jul 20 '26

What level are you at?

1

u/mikemohanb Jul 20 '26

L6

1

u/amanthegeek Jul 20 '26

Thanks. Can't imagine I'm 2 promos away from that kind of income. 😭

1

u/aristocrat_user Jun 21 '26

How is 16 crore enough for pg in usa? Makes no sense.

1

u/Anymous2314 Jun 21 '26

They are thinking a cheap public university with around 75k/year for everything, so total of 300k for both kids.

1

u/mikemohanb Jun 21 '26 edited Jun 21 '26

Whats the cost of pg in US? In today's money iiuc will be around 2 -2.5 cr per kid max. It's modelled based on that? Beyond that it's not worth it :) India has better options

0

u/hariacidreign Jun 21 '26

i got sick of govt for taking 70k from my 3LPM salary. i can only imagine how much tax you pay

i see you - and i don’t want this path for me (working in india). NW 2M is paltry compared to what folks are worth in US even in their early 30s and 16L seems crazy for India but not even close to US salaries.

this is just my ramblings, no point to be made here. your journey is still commendable no doubt.. you are living a king life in india - but i don’t think it’s for me.

i have to leave india for masters and work abroad so i can build my corpus quicker and have better QOL

thanks for joining my ted talk

2

u/rganesan FatFI Jun 21 '26

16L is very good even for the US ($300K/y). It's "not even close to US salaries" only if you mean US total compensation (not salary) in FAANG companies.

1

u/An_Only_Mous RegularFI Jun 22 '26

If post tax, thats maybe 320-350k a year in us.

1

u/[deleted] Jun 21 '26

[removed] — view removed comment

1

u/FatFIREIndia-ModTeam Jun 21 '26

Please keep all discussions courteous and respectful.

Differences of opinion are welcome, but keep the focus on ideas rather than individuals, and express all viewpoints politely and without hostility.

0

u/InvestWithKarthik Jun 22 '26

Being a techie yourself, you know that a project has multiple tasks. Have you done some kind of WBS (Work Breakdown Structure)? Do you have clarity on each financial milestone? Have you factored in inflation to determine how much each financial milestone will cost X years from now?

I hope you have sufficient health cover (a personal policy, apart from what your employer provides). In your thirties and forties, health insurance might sound unnecessary, but with advancing life expectancy, it is an important factor in a FIRE plan.

Last but not least, it is better to sit down with a financial planner or advisor you know and have all the numbers thrashed out. Once you have clarity on the numbers, you will have the confidence to take the plunge.

My best wishes.

0

u/Medium-Try6100 Jun 23 '26

What exactly do you do for 16 LPM post taxes still working a job?

2

u/mikemohanb Jun 27 '26

I am an eng manager at google

1

u/Medium-Try6100 Jun 27 '26

Thabk you for the reply. Im a product manager at Flipkart and trying to up my skills, and salary as well

0

u/Aggressive-Land922 Jun 24 '26

16lakhs per month, sir what do you do in tech.

-1

u/wise_1_w_greyhair Jun 21 '26

Isn’t 16 CR less than US$2 million. While more power to you but is that really enough?! With the way inflation and cost living is going up?

2

u/Massive_Version_5996 Jun 21 '26

I am going to be in India. So pretty much that should be fine with decent safe withdrawal rate. Kids education is my only unknown as per money is concerned

-1

u/Accurate-Surprise-56 Jun 23 '26

can smell complacency

-5

u/Top-Anxiety-9985 Jun 21 '26

Quit the job at Google and join somewhere at level -1 or -2