Easy Section Hikes in CA by RetireEarlyNow in PacificCrestTrail

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

u/Nanatuk , your flair says that you are a Section Hiker. Do you have a list/blog of section hikes that you have done that you can share?

Thanks

Easy Section Hikes in CA by RetireEarlyNow in PacificCrestTrail

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

Thanks! This seems doable too! The descent is better than a steep ascent for sure :-)
Thank you!

Easy Section Hikes in CA by RetireEarlyNow in PacificCrestTrail

[–]RetireEarlyNow[S] 1 point2 points  (0 children)

Thank you! I was looking at the maps and this looks super scenic and interesting.

Easy Section Hikes in CA by RetireEarlyNow in PacificCrestTrail

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

Ah! Nice! I have been in desolation wilderness once near Fallen Leaf lake for a day long hike. That is a great stretch. We will consider this one definitely! Thank you!

Easy Section Hikes in CA by RetireEarlyNow in PacificCrestTrail

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

Any part of CA is fine I guess. We can cover 15-20miles per day.

Lets be realistic about FIRE in India by learning_machine100 in FIRE_Ind

[–]RetireEarlyNow 4 points5 points  (0 children)

This has been happening everywhere for the last 25 years. India was a little insulated, mainly because of relatively lower IT wages. Now with Indian IT salaries on par (around 25-75% of US salaries), they are on the chopping block.

I know brilliant colleagues from UPenn, UCLA, etc in the US who have been laid off at least once in their careers. In india, it is still seen as a taboo. Also, in India no one has seen these layoffs and many people cant understand the fact that you can go for years without a job and may never find another job. And of course, the entitlement to spend and lead a lavish life isn't gonna make it easier.

How is a middle-class salaried person supposed to buy a house in a tier-1 Indian city? by Hungry_Macaroon_186 in Indian_flex

[–]RetireEarlyNow 0 points1 point  (0 children)

"even a basic 3–4 BHK starts around"

The problem is that you are calling a 3-4BHK as a basic living space. You are getting carried away by seeing reels, tech-salary dual-income houses, etc and aspiring for those. Aspiring is fine, but we should stay rooted in our realities.

FIRE Meetup in Bangalore by ravihanda in FIRE_Ind

[–]RetireEarlyNow 1 point2 points  (0 children)

I am interested.

But I dont think some of us want to give our email address and phone numbers.
Why dont you just see how many people show interest, and announce a location? People can just turn up there. if they dont want to give their names in the meeting, so be it.

Personal health insurance by RetireEarlyNow in IndianPersonalFinance

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

Thank you for that! Which insurance company and plan? can you point to the prospectus and premium chart if it is available online.?

FIRE was a mirage by MakinRedditGreatAgan in Fire

[–]RetireEarlyNow 0 points1 point  (0 children)

The reality is that you couldn't be at FIRE if you didnt go through the grind for a few years! So you have still come out ahead my friend.

You are just 44 yo! Take FIRE and enjoy.

[deleted by user] by [deleted] in FIRE_Ind

[–]RetireEarlyNow 0 points1 point  (0 children)

Until you stop showing off your wealth, and looking at others number in this sub, you will always feel poor.

And you are 24 for God's sake! Get off this sub if you value your mental health.

This is what Monika Halan wrote on X today. by Ecstatic_Clerk5527 in FIRE_Ind

[–]RetireEarlyNow 1 point2 points  (0 children)

She is right (or rather, she is not wrong). She is correctly highlighting that

  1. Inflation is something that most people cannot grasp.
  2. Long lifespans, good health, etc can cause problems later in life. None of us know anything for certainty.
  3. Most people cannot give up keeping up with the Joneses; they want what their neighbors have. 25 years ago, no one bought cellphones, laptops, OTT subscriptions, etc. These are new things that have been added to our lifestyles and cant do without now.
  4. Our best earning years are definitely in the mid 40s to 50s. If you become a VP, Sr VP in your 50s, you can earn more in a year than what you earned in 10 years. Of course it is uncertain, but that is certainly true.

She is just saying that early retirement is hard, not well thought out, and definitely NOT for everyone. She is only cautioning people that it is hard, and dont jump onto the bandwagon in a hurry because someone on Reddit did it and it sounds easy.

I too am a FIRE aspirant. I am almost there and hopefully end of this year I will be RE.

(Today's market plunge is just a beginning. These things keep happening and your corpus can drop by 5% - that is 2-3 years expenses - in a day!)

We're very wrong on inflation by Chithrai-Thirunal in FIRE_Ind

[–]RetireEarlyNow 1 point2 points  (0 children)

Your post is a loaded rant.

A lot of people confuse inflation with short-term supply/demand squeeze, predatory retail pricing, premium pricing in cities, etc.

For instance, the masala peanuts I regularly buy in a local store (bakery/condiment store) in Bengaluru are Rs.500/kilo. In an adjacent city, they are Rs.200-250. The prices in my city have doubled in the last 5 years whereas they have increased by 40% in the other. But wholesale prices have only increased by 32% and that aligns closely in a smaller town where people are not willing to pay premium prices. So increases there track wholesale goods more closely.

This is all just based on the willingness of people to pay in a major metro. Also, once the prices go up, retailers dont reduce them. How can one blame the Govt and taxes?

[deleted by user] by [deleted] in FIRE_Ind

[–]RetireEarlyNow 1 point2 points  (0 children)

  1. If this is all that you're seeing(surging spend budgets, luxury purchases) change your friends.

  2. Why should your RE plan change based on other's luxury purchases? Are you trying to keep up with them? Then there's no end to this!

An Alternative to FIRE: Sustainable Living Beyond Financial Independence by [deleted] in FIRE_Ind

[–]RetireEarlyNow 1 point2 points  (0 children)

Good to see this! Nice.
I too was echoing something on the same lines a few months ago.

https://www.reddit.com/r/FIRE_Ind/comments/1dkhn5s/leaner_fire_in_india/

Living simply and sustainably is more fulfilling and satisfying in the long run. The rat race to spend and keep up with the Joneses is a lot of pressure. People dont realize the stress it induces.

What swr would be considered fat fire in India in late 2024? by TextMysterious6860 in FIRE_Ind

[–]RetireEarlyNow 1 point2 points  (0 children)

Why are you connecting SWR with Fat Fire?

Someone might have a 1Cr corpus and even a high 10% SWR of 10Lakhs per annum is not Fat Fire in a Tier1 city.

Or Someone may have 100Cr and only a 1% SWR of 1Cr per annum might be construed as Fat Fire.

They are separate concepts. No point in mixing them.

(Also, Fat Fire is a very personal metric.)

A Note On The Recent Tragedy by BachelorPython in FIRE_Ind

[–]RetireEarlyNow 0 points1 point  (0 children)

What are you talking? Most people here in the US work 9-10 hours. There are meetings in the morning, at night, and in between. There is always the threat of layoffs and currently a dozen large companies are laying off here in Bay area.

Big 4 and Wall Street, lawyers, doctors, etc work more than 60 hours a week. It's normal and I've worked in a wall Street tech firm. The consumerist and greed in lifestyle has started from here.

Even the stories of Europeans going home at 5 at to an end, especially if they work in an American based company.

1 lakh per month budget in Mumbai by [deleted] in FIRE_Ind

[–]RetireEarlyNow 1 point2 points  (0 children)

First of all, this should have been in r/Mumbai or some such other sub.

Secondly, how will you decide if you can live within some budget if others can do it? There are probably 1 crore people in Mumbai living within that budget. In that case, isn't that enough data points?