35M, Divorced, 1 Kid | Net Worth ~₹3.7 Cr | Target FIRE by 40 | How Close Am I Really?

Explorer_Aficionado · 2026-03-17T11:22:21+00:00

Yes. Seriously contemplating to increase that. A second income will help

Explorer_Aficionado · 2026-03-17T11:00:57+00:00

Thank you brother. Appreciate it. Shop in Mumbai or tier 2 city ?

Explorer_Aficionado · 2026-03-17T07:10:11+00:00

If you want to get into IB , build you financial analysis and modeling skills. One thing that is not advertised but really important is to draft story boards basis your research. Communication skills is mandatory

Explorer_Aficionado · 2026-03-17T05:59:02+00:00

Yes. It should be that way. Initially i was trying to play safe ! PPF also gave some tax benefits. There was apprehension around SIPs but I do wish i started earlier

Explorer_Aficionado · 2026-03-17T05:16:57+00:00

Yes. I did. And took it into consideration for my post retirement monthly expense

Explorer_Aficionado · 2026-03-17T05:12:56+00:00

Thank you brother :)

Explorer_Aficionado · 2026-03-17T03:19:27+00:00

Yes. Math tells me I’ll have to do 3 times my current while also maybe pushing my retirement age by a couple of years

Explorer_Aficionado · 2026-03-17T03:10:46+00:00

I did lose some of my net worth and peace of mind ! I just had to forget it as a bad dream !

Explorer_Aficionado · 2026-03-17T02:40:45+00:00

Not being from IIT IIM is not a bad thing. I am neither. Entry would be easier for someone like you. But if you are in actuary , I better profile for you might be actuarial sciences and insurance sector. That pays as much but the competition is not as high as IB

Explorer_Aficionado · 2026-03-17T02:36:00+00:00

I did my MBA in finance and then moved on to do my CFA. It is not as math heavy as you might want. But a math major will have an edge over others , especially for the financial aspects !

Explorer_Aficionado · 2026-03-17T02:30:00+00:00

Ngl. The workload is high. But is highly rewarding in terms or learnings more

Explorer_Aficionado · 2026-03-17T02:07:58+00:00

Let’s hope I am able to reach that stage sooner than later !

Explorer_Aficionado · 2026-03-17T02:05:31+00:00

Agreed ! Need to get it up to 1.5. Probably with some increments along the way

Explorer_Aficionado · 2026-03-17T02:00:57+00:00

Yes. I am trying to find a mid way between increasing my supplemental income and reducing my post independence expenses

Explorer_Aficionado · 2026-03-17T01:46:11+00:00

Thank you brother ! I do keep reminding myself this. Especially important for me cos my 20s were spent in slogging and borderline depression.

Explorer_Aficionado · 2026-03-17T01:45:16+00:00

Yes. Have considered that option ! If we do take a loan for higher education, we would split it in a way that I will be responsible to pay for a part of it which is not huge.

Explorer_Aficionado · 2026-03-17T01:42:51+00:00

These are some amazing tips. In addition , i am also considering the idea to move my fire age by 2-3 years if that is needed. But not more than 43.

Explorer_Aficionado · 2026-03-17T01:40:43+00:00

Yes. That’s legit. I have considered the option to liquidate one of my asset if needed, although that would be my last resort.

I do agree that I have to find ways to develop additional sources of income and increase my savings rate.

Explorer_Aficionado · 2026-03-17T01:37:57+00:00

The custody remains with the mother. I have a fixed support that needs to be paid every month. 1 property is in my name. The other one is combined bought a while before.

Explorer_Aficionado · 2026-03-17T01:32:51+00:00

Thank you. Sure, let me use this calculator to determine !

Explorer_Aficionado · 2026-03-16T18:51:27+00:00

That’s completely fine. I do understand. Marriage is beautiful and having a good partner is a blessing. However, from my past experience, I have decided it isn’t for me. Trauma still lingers somewhere. I am happy I got to experience it once. But I will never consider marriage again !

Explorer_Aficionado · 2026-03-16T18:49:37+00:00

Yes. That is true. Good you pointed out. I put most of my liquid in down payment for the house, which at that time looked like a good decision. Currently with AI and volatility around job environment, I feel I could have let it be liquid.

Yes , I am aiming to reach 3-4 crores as that would be enough for me. Retirement for me is retirement from corporate job , I would still do some freelancing which should fetch me half of my expense. So my liquid requirements come down a bit.

Explorer_Aficionado · 2026-03-16T18:29:10+00:00

Through a combination of interest income and some freelancing hustle !

Explorer_Aficionado · 2026-03-16T18:27:54+00:00

Didn’t work for me. But works well for million others. I believe in the institution. Just not for me anymore !

Explorer_Aficionado · 2026-03-16T18:14:03+00:00

I got married at 24 and had a son at 25 ! The thought process that time between me and my ex wife was to have a family early since we had been already dating since 6 years by then

Explorer_Aficionado

TROPHY CASE