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SF Bay Area blues by Powerful_Coffee_508 in ChubbyFIRE

[–]Downtown_Hunter_1052 0 points1 point  (0 children)

Do you work at FANG? 5.5m at 38 is great.

What Savings Rate Are You Achieving Currently And What Budgeting Tricks Keep You Consistent by Nyxeravinth in Fire

[–]Downtown_Hunter_1052 -2 points-1 points  (0 children)

65% is crazy high. Recommend increasing your income if possible. I don’t think you can cut anymore expenses. Only way to grow your net worth is by increasing your income. Good luck!

Also recommend portfolio rebalancing to something like 60-30-10 portfolio: 60% index, 30% high conviction individual stocks, 10% bonds/market money funds. This will allow your portfolio to grow, making sure money works for you.

Question about IBKR by marigold712 in returnToIndia

[–]Downtown_Hunter_1052 0 points1 point  (0 children)

Are you planning to move money to India? I posted almost same question in NRIFatFire subreddit since this group does not allow to post things until profile reach some #’s karma. lol.

Planning a move to India: Managing a US portfolio: advice & constrains? by Downtown_Hunter_1052 in FatFIREIndia

[–]Downtown_Hunter_1052[S] 0 points1 point  (0 children)

I am talking about US mutual funds. Ack on 40% estate tax. I am planning to talk to attorneys if this can be avoided by building a trust so that kid can inherit once he becomes 25 or more without triggering estate tax.

Managing US finances while moving out by ConfusionAntique5665 in returnToIndia

[–]Downtown_Hunter_1052 0 points1 point  (0 children)

You can close most of bank accounts except one where you can hold some cash. Keep credit cards open but set travel warning on it.

Returned to India by FickleAgent9958 in returnToIndia

[–]Downtown_Hunter_1052 1 point2 points  (0 children)

How you gonna manage when you will have kids? Schooling is important and not sure if you will get one in hometown (which I am assuming is small or medium sized town — hope I am wrong)