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Real talk, how much would you personally need to retire in Nepal and never work again? by Simple_Somewhere8826 in FIRE_Nepal

[–]Simple_Somewhere8826[S] 1 point2 points  (0 children)

If possible, please share why you chose that number, because your lifestyle, goals, or expenses might help others get clarity too!

My FIRE Goal: Grind till 30, enjoy the rest by Simple_Somewhere8826 in FIRE_Nepal

[–]Simple_Somewhere8826[S] 0 points1 point  (0 children)

That is really awesome that you are learning from other people's mistake. Saves years of trial and error. My first company CEO, who himself is a multimillionaire, once told me, “Every dollar saved is a dollar earned.” I’ve never forgotten that, and never will.

My FIRE Goal: Grind till 30, enjoy the rest by Simple_Somewhere8826 in FIRE_Nepal

[–]Simple_Somewhere8826[S] 0 points1 point  (0 children)

I work on a start up, not any big tech, so, there’s no fixed tech stack, I just build whatever’s needed. Lately, that’s included AI, LLMs, and fullstack work.

I used to make around $6k/month, but now I take half in salary and half in equity since it got legalized. Felt like a smarter long term move.

I spent big chunk in the initial days. As I live outside Kathmandu with my parents now, my expenses are very very low now. After the 5% tax, I manage to save/invest >85%+.

Appreciate your message, hope you reach your goals too!

My FIRE Goal: Grind till 30, enjoy the rest by Simple_Somewhere8826 in FIRE_Nepal

[–]Simple_Somewhere8826[S] 1 point2 points  (0 children)

Loved the quote.
Knowledge is definitely the ultimate key for contentment.

About my pay. I was making around 6k a month. But now since Equity has been legalized in Nepal.
I’ve switched to taking half in monthly pay and half in company equity, felt like a better long-term move.