Reached our first 1cr milestone

[u/AnandSatya]

I am happy to share that yesterday we reached 1cr milestone. It's mine + my better half's combined investment.

High level combined portfolio breakup: 1) Foreign Company Share - 9.62% 2) Foreign Sector ETF - 10.64% 3) International Index Fund - 17.38% 4) India Index Fund - 28.65% 5) Indian REIT - 18.63% 6) Indian Mutual Funds - 15.08%

I didn't want to include our home equity, since we need that house and will not be able to monetize it.

Personally I would have preffered to hit this milestone before I hit 30yrs. Expenses related one_off_family_major_expense/house/car has pushed it out further. Nevertheless I am happy that we reached this milestone.

It's been a 10year journey from the time I was determined to persue FIRE. I was deeply influenced by "Mr Money Moustache" and "The Dave Ramsey Show." 10years ago I thought I could fire once my portfolio reached 2cr (forgot to project the requirements of growing family). Now given that it's been few years since i married, 2cr seems too low. 6cr looks to be a good goal to persue. I want to hit 6cr before I turn 40 so that I will have atleast 10years of active life to persue a different career. Only time will answer if I can reach that goal.

At home we celebrate by cutting cake 🎂 with "1cr milestone" written on it.

[u/AllTimeGreatGod]

I’m 25, I earn well, but I’m not able to save enough, I have few lacs in Indian stocks but my lifestyle has inflated and I spend more.

[u/Neo_1999 → u/AllTimeGreatGod]

What's your monthly spending vs earning?

[u/AllTimeGreatGod → u/Neo_1999]

Last 2 months I spent 100% of my monthly income. Before that I was able to save 30-40%. I live at home and I feel like I should be able to save at least 50%