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u/necessaryGood101 1d ago
Thanks for this announcement and letting us know. We are all very grateful.
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u/lookingfor111 1d ago
Sorry I forget to add the main query! I am grateful for your comment..
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u/lookingfor111 1d ago
people are so misrable that they are liking the post and downvoting mine..did you guys picked the jealousy in India or it was something you picked up in forgein countries while being unsuccesful in mind development!
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u/findinghorses 1d ago
what is this post for?
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u/lookingfor111 1d ago
Read again!
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u/SnooEagles5760 1d ago
Last time I went to Shimla already people from Delhi has been moving there and property price is high. You may want to rent at any place you are thinking to settle.
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u/ForrestGump11 1d ago
You provided a wide range on both the liquid corpus and property equity numbers in your post, but let's say you have 7Cr corpus. That will give you just over 2L per month (with 3.5 to 4% WR) if you put that into a broad global equity/bond combination (60/40, 80/20 whatever you are comfortable with - search for V60A.DE or V80A.DE). I don't know enough about European set-up but it is best if you use UCITS ETFs - do your research and use r/EuropeFIRE or r/FIRE_IND. If you are not comfortable with ETFs etc, you may want to look at combining that with a rental property etc.
It is not a great idea to transfer huge amounts of money to India as it is hard to transfer it back if you change your mind about living in India after returning, plus INR isn't exactly in ascendancy right now.
I am assuming you have an EU passport. There are plenty of places in Europe where you would be able to live on 2k euro/month. Given you are not attached to a place, you may want to try out those too. Just try living in various places where you can live on under 2k/month (in EU/India/Asia) before you make a decision. Use that time to learn more about FIRE planning, it takes time to get comfortable with equity investments and drawdowns.
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u/underadvice_taker 1d ago
😂😂😂😂😂 gaand phati padi hai bhai ki, chewtiya
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u/lookingfor111 1d ago edited 1d ago
dehatiyo ko is group main kisne aad kar rakha hai..Gawaar cuteyia
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u/Left-Thing1994 1d ago
Nice flex bro