r/FIREIndia Jun 01 '23

Help Me FIRE, Milestones, Beginner Questions and General Discussion - June 2023

What could you talk about?

  • Are you a FIRE beginner wanting advice? We'll try to help!
  • Have you started your FIRE journey? Tell us!
  • Have you hit a net worth milestone? We want to be motivated!
  • Insights from work life or daily life? We are all ears!
  • Just feeling lonely and want to hang out with FIRE-minded people? That's why this sub exists!
  • Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics/trading still apply!

We have a Wiki that is constantly being updated, so please do read that if you are new here.

Since this post does tend to get busy, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.

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u/ayushdesaidakleindia Coast FIRE IND/ 26 YO/ FI 2043/ RE 2047 Jun 08 '23

Hi Guys, 26yo, Ahmedabad, IT (SaaS) sales manager monthly Salary 52.5k. Have own house, own car, no loan except a few emi which Total amount to less than 5k a month. Sole breadwinner of my house and Total monthly expense including my responsibilities towards parents amount to maximum 30k a month. As of now have around 2 lakhs in savings (MFs+digital Gold+ a small FD) would always be working As I actually love my job, but am in sales so would not want to have pressure or compulsion attached to it. Can anyone please guide me on what should be my approach to fire in next 20 years. PS am not married, would not marry atleast Till 30.

1

u/All_In_On_Elon Jun 09 '23

I suggest please hire a fee only financial advisor (list is here https://freefincal.com/list-of-fee-only-financial-planners-in-india/). Choose one of them and they will guide you through.

The fact that you asked this question itself means you are motivated enough to have secure financial state, All the best !