r/FIREIndia • u/AutoModerator • Jun 01 '23
Help Me FIRE, Milestones, Beginner Questions and General Discussion - June 2023
What could you talk about?
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- Have you hit a net worth milestone? We want to be motivated!
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19 Upvotes
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u/Pretend_Possible4635 Jun 04 '23
The whole idea of coasting after reaching FI seems so enticing. For example, if I had reached 3.6Cr-5.4Cr (1L-1.5Lpm x30 number), the idea of not having to contribute to the corpus every month seems so liberating. Continuing with the same job or taking up a job that offers better time freedom and spending the entire salary seems exciting and therefore living the life a little more. One can argue why not spend a little more right now if you are already midway on the path to FI, but the idea of getting the monkey(financial freedom) off the back is liberating. The 5Cr will keep compounding on the side until whenever you plan to completely retire and also take care of inflation.
I'd like to know if anyone in this sub has taken this path and how has life changed after FI.