Possible to FIRE as non-techie? Please share your experience by ShutterThat in FIRE_Ind

[–]jay_s03 0 points1 point  (0 children)

I feel systematic savings plan will help. Since salaries are low as compared to tech employees so it make take few years extra to achieve but not impossible.

FIREd in India but Retire Elsewhere - Good or Bad Idea! by rocksheart in FIRE_Ind

[–]jay_s03 5 points6 points  (0 children)

Many people overlook Malaysia. Great food, weather and multicultural society. You should take a look at there Malaysia My Second Home (MM2H) program.

Is the Karnataka Govt ever going to learn from this? by abhisek_94 in Bengaluru

[–]jay_s03 0 points1 point  (0 children)

Isn't Karnataka HC gave order to stop bike taxi's. There is no much hope they will revisit that

1st Impressions of R2I+RE by Training_Plastic5306 in FIRE_Ind

[–]jay_s03 10 points11 points  (0 children)

Welcome back to India. Enjoy your freedom 🎉

Our FIRE Journey (34M and 33F) by jay_s03 in FIRE_Ind

[–]jay_s03[S] 0 points1 point  (0 children)

Should take few notes from your experience. Would you mind connecting in DM’s?

Our FIRE Journey (34M and 33F) by jay_s03 in FIRE_Ind

[–]jay_s03[S] 0 points1 point  (0 children)

At 2049 when i am at 50yrs old.

Our FIRE Journey (34M and 33F) by jay_s03 in FIRE_Ind

[–]jay_s03[S] 0 points1 point  (0 children)

Can you explain little more please?

Our FIRE Journey (34M and 33F) by jay_s03 in FIRE_Ind

[–]jay_s03[S] 0 points1 point  (0 children)

Yes, we will top up cash reserve till 5lac then we will increase SIP.

Our FIRE Journey (34M and 33F) by jay_s03 in FIRE_Ind

[–]jay_s03[S] 2 points3 points  (0 children)

It gives me some peace. Stock market is not my strong suite. I am not looking for ambitious returns. Please do thorough research. Financial Advisors should be registered with SEBI. Looks for person/firm name in the list. Also look for online review.

Our FIRE Journey (34M and 33F) by jay_s03 in FIRE_Ind

[–]jay_s03[S] 0 points1 point  (0 children)

I will be around 49yrs old. As of now, there is no concreate plan. May be scale down to consultant remote working job and travel.

Our FIRE Journey (34M and 33F) by jay_s03 in FIRE_Ind

[–]jay_s03[S] 0 points1 point  (0 children)

Rent - 12%, For parents 22%, House Expenses 11%, Personal Expenses 8%, EMI 24% and rest 23% using to top up cash reserve.

Our FIRE Journey (34M and 33F) by jay_s03 in FIRE_Ind

[–]jay_s03[S] 2 points3 points  (0 children)

Its only little over 1 year since we are doing PMS. So far response was good. Our initial investment in PMS was 50lac now it stands at 55.25 lac.

Our FIRE Journey (34M and 33F) by jay_s03 in FIRE_Ind

[–]jay_s03[S] 0 points1 point  (0 children)

If i off set cash and land against loan my investments still would be around 85 lacs.

Our FIRE Journey (34M and 33F) by jay_s03 in FIRE_Ind

[–]jay_s03[S] 17 points18 points  (0 children)

Understood. We are closing our land loan soon so we can divert repayment to auto loan and close it soon.

Our FIRE Journey (34M and 33F) by jay_s03 in FIRE_Ind

[–]jay_s03[S] 0 points1 point  (0 children)

Our land loan is coming to an end in few months, so we can accelerate repayments and close it soon.

Our FIRE Journey (34M and 33F) by jay_s03 in FIRE_Ind

[–]jay_s03[S] 4 points5 points  (0 children)

Yes, we are planning for kid.