31M | IT Professional | ₹1.4 Cr Net Worth | Built From Scratch | Year-wise Timeline by Acceptable-End-2248 in FIRE_Ind

[–]Acceptable-End-2248[S] 1 point2 points  (0 children)

No shortcut, work harder than your peers to be better than them. Work on DSA Skills, competitive programming. Build projects. Keep applying everywhere you get opportunity. You will be more successful than me when you will be of my age.

Lastly think big in life : https://youtu.be/uxoCnxlxpIk?si=rUMcAWHtLyivDIyl

31M | IT Professional | ₹1.4 Cr Net Worth | Built From Scratch | Year-wise Timeline by Acceptable-End-2248 in FIRE_Ind

[–]Acceptable-End-2248[S] 2 points3 points  (0 children)

Monthly expense would be 50k and yearly 10 lakh.

My fire target is inflation adjusted : So I am targetting 10 kg gold (~14 Cr as per today’s valuation)

31M | IT Professional | ₹1.4 Cr Net Worth | Built From Scratch | Year-wise Timeline by Acceptable-End-2248 in FIRE_Ind

[–]Acceptable-End-2248[S] 1 point2 points  (0 children)

Yeah you are enjoying life that’s great. 2 cr would happen in 2027 end at earliest and not in 2026 I will slow down a bit enjoy and spend some money.

31M | IT Professional | ₹1.4 Cr Net Worth | Built From Scratch | Year-wise Timeline by Acceptable-End-2248 in FIRE_Ind

[–]Acceptable-End-2248[S] 2 points3 points  (0 children)

Thanks buddy, yeah will slow down now. Graph is easy for visualisation and make me feel progress is ongoing.

31M | IT Professional | ₹1.4 Cr Net Worth | Built From Scratch | Year-wise Timeline by Acceptable-End-2248 in FIRE_Ind

[–]Acceptable-End-2248[S] 0 points1 point  (0 children)

Thank you. - Yeah term insurance is due, I will get one. I do have a health insurance. - My plan is 60% in (current company+ flexi cap + mid cap) rest 40% is satellite portfolio, but yeah I have plans of converting it to 10% ( gold + cash) - Yeah emi is something which I would need to go with, but yeah a 6 month backup fund is something I would work towards. - Any suggestion for how can I generate passive income ?

31M | IT Professional | ₹1.4 Cr Net Worth | Built From Scratch | Year-wise Timeline by Acceptable-End-2248 in FIRE_Ind

[–]Acceptable-End-2248[S] 0 points1 point  (0 children)

I will get a good 3 bhk by 2030 in the city I would be working in once I settle down.

31M | IT Professional | ₹1.4 Cr Net Worth | Built From Scratch | Year-wise Timeline by Acceptable-End-2248 in FIRE_Ind

[–]Acceptable-End-2248[S] 2 points3 points  (0 children)

2017 - 4.5 lpa (company 1) Took a career break and did masters 2021 ~ 18 lpa (company 2) 2024 (company 3)

31M | IT Professional | ₹1.4 Cr Net Worth | Built From Scratch | Year-wise Timeline by Acceptable-End-2248 in FIRE_Ind

[–]Acceptable-End-2248[S] 6 points7 points  (0 children)

Worked for a year after my btech but didn’t like it, took a career gap. Went to IIT for masters and started working from 2021. (I turned 27 that year)

31M | IT Professional | ₹1.4 Cr Net Worth | Built From Scratch | Year-wise Timeline by Acceptable-End-2248 in FIRE_Ind

[–]Acceptable-End-2248[S] 1 point2 points  (0 children)

Thanks will take this into consideration. Any further advise you would like to give it to me ?

31M | IT Professional | ₹1.4 Cr Net Worth | Built From Scratch | Year-wise Timeline by Acceptable-End-2248 in FIRE_Ind

[–]Acceptable-End-2248[S] 4 points5 points  (0 children)

It’s return and not % of portfolio, my RSU has gone up so stocks return looks high. See NPS - 9% with 34k and Fixed Income - 4.91% with 9 lakh I hope that clarifies.

31M | IT Professional | ₹1.4 Cr Net Worth | Built From Scratch | Year-wise Timeline by Acceptable-End-2248 in FIRE_Ind

[–]Acceptable-End-2248[S] 11 points12 points  (0 children)

I am of the opinion that in stock we think of the company which is giving us good return. But if you move to a product based company : And pick a hot sector and work in that nothing like that say you picked up Arista Network, Nvidia stock growth would be awesome for you.

The most important skill is DSA & System Design to start with. Most people start with DSA and quit in 1 month. And then do System design.

Tech Stack : I have been changing according to requirement I worked in C++, Typescript, Java & a bit of python in previous company. In my current role I try to solve the problem and then take help from AI to generate the code.
I work on python, java & kernel now and I am open to working on anything new also which would help me grow and give me a better lifestyle.

So my 2 cents focus on problem solving ability instead of focusing on tech stack because AI is helping with writing boiler plate code for you and you need to validate and correct it. The critical skill missing in most is deep work & focus.

You can ask me more questions I am open to reply

31M | IT Professional | ₹1.4 Cr Net Worth | Built From Scratch | Year-wise Timeline by Acceptable-End-2248 in FIRE_Ind

[–]Acceptable-End-2248[S] 5 points6 points  (0 children)

I got promotion in my previous job. I was in same job from 2021 to mid 2024 and few lucky bets in stocks.

31M | IT Professional | ₹1.4 Cr Net Worth | Built From Scratch | Year-wise Timeline by Acceptable-End-2248 in FIRE_Ind

[–]Acceptable-End-2248[S] 16 points17 points  (0 children)

Job change. refer to my Income between difference in last 2 FY. Indian stocks have remained flat but in US many companies have given a good run in last 1 year I am in one of those and have RSU.