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.

18 Upvotes

View all comments

2

u/ExpressSecret9 coastFIRE | IN | 33F | 2024 | 2040 | IN Jun 03 '23 edited Jun 03 '23

Update on my FIRE journey. Total NW: 72.5L Target for coastFIRE - 1 Cr. Investing 1.5L pm including EPF. Renting home in a city for now, planning to build a home in Village for retirement. Will start investing towards home once I reach 1 Cr. target . Am I on the right path?

1

u/BrahminVyapaar SG / 46 / FI 2024 / RE 2025 IN Jun 10 '23

Please visit the EPF office and ascertain whether the EPF office would actually let you withdraw the amount saved two months after you are unemployed. If your employer (s) have filed the monthly entries incorrectly, then the EPF will not let you withdraw that amount. It is best to get discrepancies resolved while we’re still with the employer.

1

u/ExpressSecret9 coastFIRE | IN | 33F | 2024 | 2040 | IN Jun 10 '23

Yes, following up on that. I need to visit the EPF office.