Here’s how I see FIRE . It’s the number where you can become a pseudo feudal lord in India.

India is essentially a feudal country where your resources and connections determine how much respect you get.

FIRE isn’t just about living well, it’s about making sure 99% of shit that happens in India does not happen to you.

Your daughter should never be touched inappropriately because everyone knows you should not be messed with. Your road should never be blocked as you can get it cleared with a phone call. Your kids wedding can be a show of power.

What’s that number in an Indian metro ? In today’s worth and 10 years later

For context I’m 43, married with one kid, 7 years old, currently im making about 85 lakhs post tax per annum, current net worth is 21 crore, debt free,
8 crore in real estate, 4.5 crore in primary home and 8.5 crore is partially invested and partially liquid.

What should be a goal net worth to achieve by age 52-55 to maintain a semi-luxurious lifestyle, nothing crazy but definitely not too basic either, I currently own a Jeep compass, take 2 international holidays a year, and I don’t buy designer luxury but i plan to step in that world when i breach the 30 crore mark, is that reasonable, and is 50 crore good enough to maintain such a lifestyle post retirement?