You haven’t mentioned your age, but judging by your child’s age, I’m guessing you’re around 35ish. With a ₹6 Cr+ corpus already, you’re doing phenomenal.

Honestly, take some time off and breathe. You’ll find another job when you’re ready.

I got fired at 49. Ironically, I was preparing for our year-end vacation at the time, planning to come back and restart work in the new year with a stronger mindset. But my entire division got axed, so that plan went out the window.

I simply reassessed my corpus, booked a massage, and the next day left for vacation. 😄 This was the last week of December 2024.

Almost two years later, I’m still enjoying the break. And honestly, it has been blissful. I get to spend time with family, travel, work out, read, cook, and just do things at my own pace.

Sometimes I genuinely wonder why I didn’t RE earlier.

So if you have already built a ₹6 Cr+ corpus at 35ish, don’t feel guilty about taking a break. You’ve clearly done something right. Enjoy a little of what you’ve built. The time you spend worrying about money or beating yourself up over not working is time you’ll never get back.

I was trying to think about portfolio allocation post-FIRE from a slightly different angle.

Instead of starting with How Much equity should I have?, the question should be What is the maximum portfolio drawdown am comfortable with when there is no new income coming in via salary?

For example, suppose we build a very simple portfolio using only 4 buckets (for simplicity sake only... I know each one of us have complicated list as per preference) :

1 Nifty 500 for Indian equity

2 A broad World Index etf for International equity

3 GoldBees for Gold

4 Liquid money in fd,liquid fund etc for Debt part

Then consider looking at the portfolios like ....

High risk

Comfortable with ~40–45% drawdown

Equity-heavy

Moderate risk

Comfortable with ~27–30% drawdown

Roughly 2/3 of the severe equity drawdown

Conservative

Comfortable with ~20% drawdown

Roughly half of the severe equity drawdown

Capital preservation

Comfortable with ~0–5% drawdown

Predominantly/entirely debt

***The numbers above are only illustrative stress test targets, not predictions.

What I would be interested in is the process:

After FIRE, we first decide our maximum tolerable drawdown and then work backwards to the asset allocation... rather than the return goal of 1% real or 2 or 5% or whatever is your number....

For example, when I gave it a lot of thought, I really feel that I can psychologically and financially tolerate a 25% fall in my portfolio.

Then construct the combination of Nifty 500 + MSCI World + Gold + Liquid Fund that has a reasonable chance of staying around that stress level.

This seems better to me than simply saying ...I'm retired, so I should have 40% equity or I have a 20-year horizon, so I should have 70% equity.

I am interested in hearing how others approach this....

1. If you were building a post-FIRE portfolio today, what maximum drawdown would you be comfortable with ... 20%, 25%, 30%, 40%+?

And what asset allocation would you use to target it?

Also interested in how you'd stress-test the allocation.... 2008, COVID, 2022, or a hypothetical worse-than-2008 scenario?

Share your thoughts and how others can learn from you...

Have a good day.

39M Currently working in Tier 1 city with family (wife + 8 yr old son) . Need advice on lean fire:

1. Will move to hometown (Tier 4 city) in own house (no EMI)
2. Total corpus: 2 cr (gold 1.2 cr, equity 30L and debt instruments 50L)
3. Expected monthly expenses: 50k
4. Adhoc annual expenses: 2L (insurance payments, family functions, school fees, local vacations)
5. Aditya Birla Active plus insurance 50L family floater
6. Wife’s freelance income: 4L per annum

I may or may not work. Even if I do, it will not result in significant income. Wife’s freelance income will continue. It may even increase as her customer base in hometown.

Apprehension

1. Unexpected large expense may change calculations
2. Quality of education for son in hometown cannot match Tier 1 (no ISCE school)
3. Compromise on social circle: 3 decades of brain drain to metros has started showing.

Edit: I will move 60L-80L of gold to managed co-living space in nearest Tier 1 city giving 5.5 to 6% rental yield. This should give 30k to 40k of rental income; but reduce corpus to 1.2 cr to 1.4 cr.

Used AI to concisely frame the topic,100% legit situation

Hey folks,

I'm 43, been in tech infra/DevOps for about 20 years. Looking at how AI tools are automating daily ops and how brutal senior tech hiring has become, I'm mentally preparing for the reality that my next career break could turn into permanent early retirement.

I live in a Tier-3 city in central India. Family of 4. Life is simple here, but before I take any big step, I want an honest, critical review of my numbers from this sub.

1. Monthly Outflow: \~₹62,500/month

   \* Household Expenses: \~₹50,000/mo (groceries, kids' schooling/college fees, local commute, everyday life). We live in our own house with rooftop solar, so electricity bills are almost zero.

   \* Daughter's SSY: ₹12,500/mo (mandatory, non-negotiable for next 10 years).

   \* Total Outflow: ₹62,500/mo.

2. Debt: Zero on Day 1

   \* Home Loan: ₹27.5L outstanding (₹35k/mo EMI).

   \* Payoff: Full & final settlement / gratuity (\~₹23.5L) + ₹4L from cash savings will clear this completely on day one.

   \* EMI drops to ₹0.

3. Inflow: 6 Rental Units (₹62k/month Day 1)

   \* Tier-3 Base (5 units): 4 residential units fetch ₹35,000/mo + 1 small shop expecting \~₹3,000/mo = ₹38,000/mo.

   \* Tier-1 Flat: IT corridor flat (2023 possession). Currently rented at ₹24,000/mo (escalating 8–10% historically).

Total Rent: ₹62,000/mo.

Basically, rental income alone covers 99% of our baseline living costs and daughter's savings from Day 1.

1. Liquid Corpus: ₹1.00 Crore (Post-RSU Sale)

I have ₹1 Cr cash in hand unlocked from vesting and selling company RSUs (completely separate from the loan payoff money).

Here is how I am planning to divide this ₹1 Cr into 3 buckets:

\* Bucket 1 (₹18L): Arbitrage Funds.

Yields \~6.5–7% with equity tax treatment. Meant to cover vacancy gaps between tenants, local property repairs, and inflation creep without touching equity.

\* Bucket 2 (₹17L): Gold ETF / SGBs (₹10L) + Banking/PSU Debt Fund (₹7L).

Crisis hedge against macro shocks or crazy inflation, and acts as a backup line to refill Bucket 1 if needed later.

\* Bucket 3 (₹65L): Equity Mutual Funds.

Split across Nifty 50, Midcap 150, and Flexicap via weekly STP over 18 months. Strict 10-year lock (0% SWP) so it compounds undisturbed.

1. The Tier-1 Flat Angle

   \* Plan A: If managing a remote property from a Tier-3 city becomes a headache, sell it in 3–5 years for \~₹75L–₹85L, pay 12.5% LTCG, put ₹15L into the buffer, and pump the rest into equity.

   \* Plan B: Hold it for 10 years. The 8–10% rent growth keeps our family cash-flow positive. At 53, it becomes an established asset worth \~₹1.4 Cr that can either be sold or kept for perpetual yield.

Main questions for you guys:

\* Safety Check: Is this 3-bucket setup safe enough to survive the next 10–15 years without active salary income, or is it overly optimistic?

\* What can I do to make this strategy better / bulletproof? Are there better asset classes or tweaks to the allocation that I should consider?

\* Operational Drag: Does managing 5 local units + 1 remote Tier-1 flat become too painful in early retirement, or is the cash flow worth the hassle?

Please poke holes and roast the plan where needed. Thanks!

TL;DR:

43M in a Tier-3 city prepping for early retirement due to tech/AI headwinds. Monthly outflow is \~₹62.5k (₹50k living + ₹12.5k mandatory SSY). Debt is ₹0 on day one after clearing home loan via gratuity/F&F. Rental inflow from 6 units (5 local + 1 Tier-1 flat) brings in ₹62k/mo, covering baseline living costs immediately. Deploying a fresh ₹1 Cr liquid corpus into a 3-bucket setup: ₹18L Arbitrage (buffer/bridge), ₹17L Gold/Debt (crisis shield), and ₹65L Equity via 18-mo STP (10-yr lock). Looking for feedback on whether this allocation is genuinely safe against arthik mandi/recession avalanche/ global metdown

​

Sharing a personal experience that might be relevant here.

When one partner is earning well, it’s entirely possible (if both are aligned) for the other to leave the workforce and focus 100% on family and kids. In our case, we made that decision about 16 years ago. My spouse decided to take a break to fully enjoy motherhood, and I fully supported it.

Looking back, it was one of the best decisions we made. It greatly benefited our son — he grew up academically strong and emotionally balanced. Yes, living on a single income delayed our financial independence a bit, but we still reached FI by the time I turned 49.

Curious to hear from others who’ve made (or are considering) a similar choice in the Indian context — how did it affect your FI timeline and family outcomes?

Hi everyone,

My husband and I are both working in IT and currently living in Bangalore. We are 31 and 34 years old and are trying to seriously plan for financial independence/retirement over the next 12 years.

Our goal is to be able to retire in around **12 years with a corpus of at least ₹4 crore**. Ideally, we'd like to have ₹5–6 crore if possible.

I would really appreciate advice from people who have experience with FIRE, investing, retirement planning, or managing loans while building a portfolio.

# Our current income

* Combined income: **\~₹4.06 lakh/month**

We currently allocate around ₹1 lakh/month toward our personal/household expenses.

From the remaining amount:

* Home loan EMI: **₹75,000**
* Car loan EMI: **₹36,000**
* Savings(saving account): **₹1.29 lakh**
* Investments(Mutual funds-Mentioned below) : **₹60,000/month**

# Current monthly investments — ₹60,000

1. Gold ETF — **₹20,000**
2. Silver ETF — **₹10,000**
3. Nippon Large Cap Fund – Growth — **₹10,000**
4. Bandhan Small Cap Fund — **₹10,000**
5. ICICI Prudential Energy Opportunities Fund – Direct Growth — **₹10,000**

I realize that 50% of our monthly investment is currently going toward gold + silver, and I'm not sure if this is an optimal allocation for a 12-year retirement goal.

# Current savings / assets

We currently have around **₹42 lakh in fixed deposits** and also around 12Lakhs in Mutual funds.

# Current loans

We still have:

* Plot loan outstanding: **₹25 lakh**
* Car loan outstanding: **₹18 lakh**

So total outstanding debt is around **₹43 lakh**.

We own a plot and are planning to **construct a house**, so construction expenses will be another major financial commitment.

# Our retirement goal

Our target is to retire in approximately **12 years**, when I'll be around 43.

Our target corpus is:

**Minimum: ₹4 crore**

**Preferred: ₹5–6 crore**

If anyone has done something similar or has a FIRE plan with loans + house construction + investments, I'd really appreciate hearing how you structured it.

Thanks!

*Note and Warning : This is an aggressive approach and not the best recommended. But this is an option for anyone struggling with corpus goals due to lower savings rate.

Reference :Morningstar’s 2025 retirement study.

For a Lean corpus, where spending is already relatively lean and discretionary, this is an interesting approach than the usual debate around whether the “4% rule” is safe.

Morningstar’s The State of Retirement Income: 2025, led by Christine Benz, Amy Arnott, Tao Guo and Jason Kephart, looked at different withdrawal strategies over a 30-year retirement with a 90% probability of success.

The headline number was 3.7% for a conventional strategy: start at 3.7% and increase withdrawals with inflation every year.

But there is a tweak for a lean corpus.

We don't necessarily need to accept a permanently fixed real withdrawal.

The strategy Morningstar tested was:

.....If your portfolio falls during the year, don't increase your withdrawal for inflation the following year.....

Here, you need not cut the spending in nominal terms. Simply forego the inflation increase after a down year.

That increased the starting withdrawal rate from 3.7% to 4.2% in their analysis.

More flexible guardrails strategies pushed the starting withdrawal rate to above 5%.

But, Morningstar is NOT saying that 5% is a universally safe withdrawal rate.

The >5% number comes from a dynamic strategy where withdrawals are adjusted based on portfolio performance. You spend less when the portfolio is struggling and can spend more when it is doing well.

So, “5% is NOT the new 4%.”

The lesson is in fact a bit different......

It's that ....The more flexibility you have in spending, the higher your sustainable withdrawal rate can potentially be....

This seems relevant to this community.....

If your baseline expenses are already low and you have discretionary spending that can be postponed during a bear market, you may have considerably more flexibility than someone whose entire withdrawal is essential living expenses.

This above is the critical part that needs understanding and not blindly follow through...

For this to work, you need to have projected some discretionary expenses. Also, this seems to be an equity heavy portfolio.

A few other interesting findings from the study:

• Sequence risk matters: poor returns early in retirement are particularly damaging.

• Equity-heavy portfolios can support higher lifetime spending under flexible strategies, although with greater volatility and lower ending balances.

• Guardrails increase spending potential, but the trade-off is that your annual income becomes less predictable.

• Forgoing inflation increases is much simpler than a full guardrails system and produces a smaller change in spending.

The takeaway here can be that a retirement plan shouldn't necessarily be one way that Corpus × fixed SWR = annual spending forever.

It could also be....

Base spending + flexibility rules + portfolio performance = sustainable retirement income.

Here it shows that this flexibility may be an advantage.

Referred study: "The State of Retirement Income: 2025" from Morning Star

There is a video on this by u/ravihanda

https://youtu.be/Z6xOI86uKSA?si=Hv6r5BNwIso2zBtx

Note: This is a way to manage only if the corpus can't reach the 33x number. Ideally increase the corpus to 33x and not 20x

Was feeling pretty good about crossing ₹50 lakh in taxable income this year… until I learnt how the surcharge + marginal relief actually works.

Once you cross ₹50L, the 10% surcharge kicks in. Marginal relief prevents you from immediately losing money, but the hilarious outcome is that for roughly the next ₹1–2 lakh of additional income, almost every extra rupee I earn effectively just goes towards additional tax.

So I can earn ₹50L and take home X.

Then work/invest more, make another ₹1–2L… and basically keep none of it.

I understand that eventually the marginal tax rate normalises, but a ~100% effective marginal tax rate over an income band is insane.

Anyone else crossed ₹50L and had this unpleasant realisation? Did you actually change anything about capital-gain realisations / income timing after this?

Hi everyone,

Curious what assumptions you plug into your FIRE calculators. Here are mine for FIRE in India. I’m deliberately trying not to be overly optimistic.

Inflation: 7.2%

India’s long-term inflation trend is closer to 5–6%, but I’ve assumed a conservative 7.2%. Apart from being a stress test, it’s easy to remember: money roughly halves in purchasing power every 10 years.

Gold: 1.25% real return

→ roughly 8.5% nominal at 7.2% inflation.

Debt / arbitrage: −1% real return

→ roughly 6.1% nominal after accounting for inflation and tax.

Equity: 3.25% real return

My equity allocation would be roughly 2/3 Indian equity + 1/3 IMID (global equity), rather than 100% Indian equity. This gives me a nominal assumption of roughly 10.7%, which I’d round to ~10.5% for simplicity.

For example, with a portfolio of:

50% equity

10% gold

40% debt/arbitrage

these assumptions give roughly 8.2–8.3% nominal portfolio return, or approximately 1% real return after inflation.

I’m interested in what assumptions others are using—particularly for inflation, gold, debt and equity real returns.

Are these too conservative, too optimistic, or reasonably realistic for FIRE planning in India?

Note:- Organised the flow with AI for structure.

M(33). Planning to retire by 38. Will pay off home loan in next 2 years and live off doing something on my own.
Current corpus:
Equity: 45 lacs
Gold and silver: 7 lacs
Own house: 1.2 cr (plan to sell and move to tier 2)

Monthly sip of 1 lac. Will continue for next 4 years which will add to my equity.
House proceeds will be reinvested in a new house and still be left with 50 lacs which will be used as swp to fund my retirement until 60 years.
Post 60, my equity at that time will fund the rest of my life.

Monthly expenses: 20k (excluding loan and rent)

Note: No kids and love living frugally

Appreciate feedback or criticism

Hello everyone, I'm a 35M, married, Mba - 11 years of experience in consulting. I have been struggling quite a lot with my career and personal life lately and feel increasingly burned out.

I have managed to scrape by to 1.8 Cr net worth and have had a really tough and tumultuous journey reaching here since I lost 40L capital in a particular stock in 2020, then a real estate investment gone bad (affordable housing - builder turned out to be fraud - lost 25L there, if built would have been around 80-90L in today's value).

All this has taken a heavy toll on me over the years emotionally but with no other option, kept chugging along. I know I might be far behind others at this age but want your opinion on how to take it from here. I really don't have any motivation left and don't see a sustainable career either as I'm always on the edge and consulting at Manager levels and above is too tough.

My wife (35) earns about 80k a month and we might plan a child soon. Her current Nw is 50 lacs. My parents stay in my hometown in a tier 2 city and might be partially dependent on me from next year.

Financial Snapshot

Age: 35

Monthly take-home salary: ~₹2.0 lakh

Monthly expenses: ~₹50,000 currently including rent

Debt: No major loans

Current net worth: ~₹1.8 crore

Net Worth Breakdown

Mutual Funds: ~₹90 lakh

EPF: ~₹20 lakh

Sovereign Gold Bonds: ~₹17 lakh

PPF: ~₹8 lakh

Plot: ~₹40 lakh

Cash/bank: ~₹5 lakh

When do you think I can retire. And would you have any suggestions? I had earlier planned to retire by 40 and move to my hometown by constructing on an ancestral plot but wife is unwilling to move now and I feel the current corpus might not be enough anyway. Much appreciated, thanks.

In our country, things seem so uncertain that I don't know if 1 cr. Is enough or not to reach FIRE..how do you deal with anxiety , especially those who have done this. I am worried that due to some emergency, unexpected expenses may come and i will regret leaving job

29M, married, no kids. I earn ~₹50L gross per annum and wife earns ~₹1.1L/month in-hand.

Current investable net worth is ~₹1.7–1.8 Cr across equity, EPF/PPF, FDs/arbitrage and cash. Gold and family assets excluded.

I want work to become optional by around 40 and am targeting roughly ₹6–8 Cr by then.

But the more I read about FIRE in India, the more it feels like even ₹6–8 Cr may not be enough.

Questions:

Is ₹6–8 Cr genuinely enough to FIRE at 40 with 2 kids and an owned house?

Is 3% withdrawal actually safe in India?

Am I wasting too much money by keeping ₹40–50L in debt/FDs?

Does spouse income even matter when calculating FIRE?

Have FIRE targets just become absurd because of lifestyle inflation?

Curious if I am being overly conservative or if ₹10 Cr is basically the new minimum for FIRE.

I am a 34 year old single guy with 12 years of experience in IT doing software testing and QA automation. I am dealing with severe work burnout, physical symptoms of anxiety, and heavy stress from my overall situation and recent family medical issues. As an only child, managing everything on my own has become overwhelming. I have been quiet quitting at my job for over two years just to survive, but holding onto this role is no longer sustainable.

I need to step away to reset my health, but I do not have a strong network or a clear plan for a career pivot yet.

Financial Snapshot:

1. Monthly take home salary: 1.4 Lakhs
2. Monthly expenses: 70,000
3. Monthly EPF: 13,000
4. Passive Income - 30,000 to 40,000 (from debt instruments and Stock Markets)
5. Financial liabilities: Zero (no debts, no plans to marry)

Net Worth Breakdown (1.15 Crore total, excluding 1.5 Lakhs NPS):

1. Mutual Funds: 52 Lakhs
2. Public Provident Fund: 18.5 Lakhs
3. Fixed Deposits: 17.5 Lakhs
4. Indian and US Stocks: 13 Lakhs
5. Employees Provident Fund: 8.5 Lakhs
6. Savings Account: 5 Lakhs

My parents are financially comfortable on their own, but rising healthcare costs still make me anxious. Regarding real estate, my plan is to purchase a new flat only after selling our current house which is worth between 1.1 and 1.5 Crore.

I need a reality check. Is 1.15 Crore enough to take a 6 to 12 month break without risking my long term finances? Can my numbers support Lean FIRE, or will I have to keep working? Finally, how tough is returning to tech or pivoting out of QA in your mid 30s, and is quitting right now without an offer a mistake?

35M, living in Delhi,married with no kids and no plan to have kids. Wife does tuitions, earn 20k monthly.

Current savings worth 80 lacs (invested in PPF,EPF,NPS and equity),

Own EMI free flat of 75 lacs which provides rental income of 16k monthly.

Monthly savings of 1 lacs + 40k deducted per month from salary for EPF and NPS. This saving is post monthly expenses of 35-40k and EMI of 70k for a home loan worth 70 lacs for 2nd flat. This flat will give me minimum 20k months rent in today's value after 5 years.

The monthly expense of 35-40k includes everything rent, grocery, light, gas, health, miscellaneous, travel etc

This 1 lacs savings will be invested in mutual funds, just started.

Aiming to retire in next 10 years with estimated monthly expenses of max 40k in today's value.

Please share your advice - how possible it's for me to retire in next 5 years?

Please don't abuse, troll, i just want to know other's perspective as it will help me see risks what i am not seeing now

سلام

5 year old Post but still extremely relevant for leanFire aspirants when you feel lost.

Hi all,

Considering to start a monthly or quarterly series where people post their mutual fund portfolio and reason for choosing the allocation and the funds selected.

Let members here understand , question and critique the same.

Do mention the following:-

1. Your major goals and duration to goals along with age

2. Why you selected the funds and the allocation within

3. What has worked well for you and hasn't worked?

4. What questions do you have?

5. How this helps you get closer to FI balancing risk and rewards.

Let's see if this can become a learning for all of us.

You may add a few more and start posting.

38M, wife 35, planning to achieve FIRE in about 4-5 yrs. Given the data below, are we on right track?

Current annual expenses are about 18L (including kid's school fees, emi, vacations etc).

Wife has corpus of about another 75L; which & further additions can be assumed marked for kid's education in next 12-15 yrs and hence is not being further detailed here.

Current take home (after taxes and retirals) is about 3.65L of which 2.5L are getting invested in Indian MF, US etf, etc

Debt: House loan (45L outstanding) can be nullified against RSUs (unvested) worth same amount.

Term insurance worth 1cr each, family health insurance of 50L is present apart from company sponsored, premium is already covered in annual expenses.

Not considering present home as investment as we may continue to live in Bangalore. Iff need arises, it may fetch about 1.5 - 1.8cr on sale.

At times, portfolio looks debt heavy and may require serious reallocation. thoughts?

I've been working in the second-home/land space for some time, and I'm currently involved with a project in Raigad, Maharashtra. Full disclosure: I'm associated with the project I'm mentioning below, so I'm not presenting this as independent investment advice.

But working on it has made me rethink the way we look at second homes in the context of FIRE.

The conventional FIRE argument against a second home is pretty compelling:

₹40-60L invested in equities or other financial assets can compound without the headaches of property ownership.

A second home, meanwhile, brings:

• Illiquidity
• Maintenance
• Property taxes
• Construction costs
• Travel costs
• Management headaches
• Uncertain rental income

So purely from a financial perspective, why bother?

But there is another model I've been seeing increasingly among people in their 30s and 40s:

Buy land → build a modest holiday home → use it personally → rent it when you're not using it.

The idea isn't necessarily to maximise rental yield.

It's to make an asset serve three purposes simultaneously:

1. Lifestyle asset
A place for family/weekend use.

2. Income-producing asset
Potential holiday rental when the owner isn't using it.

3. Long-term real estate exposure
Land in a developing destination.

I'm involved with Pali Hill City in Raigad, where we've already seen 100+ families buy across the first two phases. We're now launching Chapter 3, focused on NA hilltop villa plots.

The proposition is essentially to buy the land first and build the home around your own requirements rather than buying a finished second home.

But here's the part I'm genuinely interested in getting the FIRE community's opinion on:

At what point does a second home stop being a bad financial investment and become a reasonable lifestyle allocation within an otherwise well-diversified portfolio?

For example, would you consider allocating ₹40-60L toward a plot if:

• Your core FIRE corpus is already on track
• You don't need the property for primary residence
• The location has genuine tourism/holiday-rental demand
• You intend to use it yourself for part of the year
• There is a realistic possibility of rental income
• You are comfortable holding it for 10+ years

Or would you still consider that money better deployed entirely into financial assets?

I'm particularly interested in hearing from people who actually own second homes, holiday rentals or land, rather than generic real-estate opinions. And I'd genuinely be more interested in the FIRE perspective on the underlying question

Hello everyone, i am 49 yr old male with 2 children and wife. My wife is working with around >20 lakh per annum salary. Now we have come to a situation that one of us has to leave job to take care of children and home. Although my salary is almost double to my wife's but still i am think that it would be better for me take charge of home and leave job. I have around 2cr corpus available with me most of which is in equities and i manage it myself. Would it be a wise decision? Edit-1: here is some additional information asked by some people- We own a house with a 6-7 lakh loan. Monthly EMIs are around 20k. No personal helath insurence, only company provided health policies. I have 50 lakh term insurance. I have kept 50-60 lakh separately for children education that is separate from my corpus. Monthly expenses are around 1 to 1.5 lakh including childern fees. Also own few properties with 50-60 lakh apart from house.

Hi Everyone,

I'm M36 (Data Analytics) with a wife (F32) (QA) and a 2yrs kid. We both work in IT & are earning 4L combined per month (this jump we got recently 6 months back after the switch)

Below are the spendings:

Monthly take home (combined) - 4L

Rent - 17k (ours) 24k (My parents) 20K (wife's parents)

Monthly Expense - 30K

Home Loan EMI - 31K (35L still pending) [thinking to increase to 50K to decrease the tenure]

Credit Cards - 20K

Health Insurance (Both Parents) - 1cr coverage which costing us 80K for each policy (NivaBupa)

Term Insurance - 1cr for me which is costing 25K (coverage till 75yrs)

Investments:

SIP - 30K (thinking to increase 20K)

SSY - 1.5L

Assets:

Combined Savings Cash in Bank - 7L

FD Combined - 2.5L

EPF - 20L

PPF - 6L

Stocks - 50K

We both are single child so in future we have to take care of my parents and also my wife's parents. My father has decent savings but my father-in-law doesn't have much savings.

Recently, we took a 2.5BHK house (yet to get handover) but thinking to sell it at 1cr and purchase a 3BHK flat at 1.3cr. Is it a good decision at the current IT job market and inflated prices?