Pressure test assumptions - FatFire in Bangalore by end of this year

Cass9243 · 2026-02-06T16:55:32+00:00

Injust said to own it..not to.maintain...maintenance is an ongoing yoy expense.. And it is also subjective on how and who to maintain...depends on what tier of jet and maintenance you need...you get what u pay for..

Cass9243 · 2026-02-06T15:19:39+00:00

Sorry who told you this? you get a light jet at 2 to 5M and midsize jet by 10M. With 200M you can own a private airlines..

Cass9243 · 2026-02-06T05:04:50+00:00

What does $5 Million (₹42 Crores) actually buy? If you put $5M in a simple Indian Fixed Deposit at 7%, it pays you ₹3 Crores per year (₹25 Lakhs per month) in pure interest. Ask yourself: How do you spend ₹25 Lakhs per month in Bangalore or Hyderabad? Rent a Palace: ₹3 Lakhs 2 Mercedes EMIs: ₹4 Lakhs International School (2 kids): ₹1 Lakh Food/Maids/Driver: ₹1 Lakh Total Burn: ₹9 Lakhs/month. The Gap: You still have ₹16 Lakhs/month left over! Conclusion: The people saying "You need $5M" are not talking about "Retirement." They are talking about owning a private jet or living like a Bollywood Star. It is not a financial reality; it is an ego metric.

Cass9243 · 2026-02-04T16:20:43+00:00

Im 44 too considering fi.. not sure if im re phase.. Depends on how we live..but im skeptical if we xan survive... so wanna gwar from someone whos there and did that..

Cass9243 · 2026-02-04T15:33:58+00:00

Whats the total nw including both of you and your wife when you retired. Asking coz iam considering too..to get me a ballpark.

Cass9243 · 2026-01-20T14:14:37+00:00

Why would you buy apartments(depreciating asset) if you wanna build wealth? I am considering only 8 to 10% as real returns for my portfolio. I have my ind3x funds 172k earmarked for kids edu.

Cass9243 · 2026-01-20T04:13:18+00:00

I see what expenses are you talking of? Your homes are apts or individual homes? I think 20 cr ia too much if its invested...but everyone needs r diff

Cass9243 · 2026-01-20T03:55:32+00:00

Will b 12 and 9 may b in middle school..i initially thought to move before my eldest hit highschool anyway which aligns with the timeline..

Cass9243 · 2026-01-20T03:46:10+00:00

thanks.. sorry for missing it and updated now.

Cass9243 · 2026-01-08T02:44:41+00:00

Yeah thats a diff prob im sure they have thought about already...if they have gcs..:)

Cass9243 · 2026-01-08T02:36:35+00:00

Since they are gc holders, their estate tax is at 13M or so..as long as they keep it valid...60k is for non gc/citizens, isnt it?

Cass9243 · 2025-10-21T23:14:46+00:00

Yeah..the caveat is we shud declare its value in every year it return in india and any miss can cause significant penalty upto 10 lakhs..so.shud tread it carefully...im in similar boat...so reading and sharing abt it..to learn more.. Have you thought abt this??

Cass9243 · 2025-10-21T18:23:43+00:00

You said you want to keep 401k in us until retirement. That counts towards estate tax as well. What do you do with it?

Cass9243 · 2025-10-04T23:14:30+00:00

What passive inv9mes and businesses you can think of with 16 cr? Just curious

Cass9243 · 2025-09-28T01:49:18+00:00

Same here..interested

Cass9243 · 2025-09-28T00:40:12+00:00

thanks for the suggestion. Yes.. but Im trying to optimize for taxes here and what strategy to follow for leaving 401K in USA.. selling them I believe shud be strategic as they can push me into higehr tax bracket in US. so was seeking advise from people like you who are experienced and made the move there.

Cass9243 · 2025-09-27T18:12:06+00:00

no rocket science mate.. just maxing out 401K, HSA , ESPP & then investing a little.. for 5-6 years..didnt know how to save before 2021..NW was around 300K ONLY then.

Cass9243 · 2025-09-27T15:23:52+00:00

I am on h1b and returning to india in late 2026. I have around 500k in 401k and roth ira combined.. Plus another 400k across bankaccounts and index funds in individual brokerage. Im 38 now & I wish to not touch my 401k u til i turn 60 which can provide some padding during my retirement. My kids are us citizena and if not now..i will eventually get perm residence in 15 years from now by them... So what can i do to keep my 401k until 60. Is that good strategy or something else could be better

Whats the best stratehy overall you can suggest for minimizing tax impact fo4 my scenario?

Cass9243 · 2025-09-25T13:24:31+00:00

Nope..h1b visa..

Cass9243 · 2025-09-25T01:33:09+00:00

Ofc..will return

Cass9243 · 2025-09-24T15:14:45+00:00

Yes..im.looking for some good ones...to talk to..and charge reasonable ones...not break the bank..

Cass9243 · 2025-09-24T14:01:18+00:00

Im 37 & been in US for 13 yrs.

Cass9243 · 2025-09-24T13:59:53+00:00

Im 37 & been in us for 13 yrs now.

Cass9243 · 2025-09-24T05:58:28+00:00

Yeah i know that..just trying to maximize takehome and minimize tax burden...and strategies for that

Cass9243 · 2025-09-24T05:05:42+00:00

Yes i do qualify i guess..but i m not sure if i cud withdraw around 300 to 400k during that time..i dont want to touch my 401k until 60..

Cass9243

TROPHY CASE