**Background:**
I'm a 27-year-old male working in tech at a local mid-sized company in India. I earn ₹1.2L/month (~$1,440 USD). I live in a metro city with relatively high costs and I'm getting married soon. I've been learning about FIRE (Financial Independence, Retire Early) and want to optimize my financial journey from an early stage, focusing more on life flexibility than luxury.
Current Status:
So far, I’ve saved about ₹12 lakhs (~$14,370 USD) across mutual funds, FDs, stocks, and emergency funds. I’ve calculated my FIRE targets in Indian rupees and converted them to USD for global context:
- 🧘♂️ Coast FIRE: ₹3.3 Cr (~$395,210 USD)
- 💡 Lean FIRE: ₹5.13 Cr (~$614,980 USD)
- 🔥 Full FIRE: ₹8.56 Cr (~$1.02 million USD)
I’m hoping to hit Lean FIRE by my early 40s, and eventually reach Full FIRE by 50.
Savings Rate:
Currently saving ~30% of my income. However, upcoming wedding expenses and future family planning are expected to put some strain on this rate.
Short-Term Plans:
- Wedding in the next 6–12 months
- Continue living in a metro city
- Open to remote/flexible work opportunities
- No immediate plan to buy property
Questions for the FIRE Community:
- How do I best optimize my ₹1.2L/month (~$1.4K) salary to steadily grow toward Lean FIRE in 15–18 years?
- How much risk should I take in my 20s to accelerate wealth while avoiding burnout?
- Is Coast FIRE a practical milestone in India for someone planning to raise a family?
- Any FIRE tips for Indian tech professionals trying to escape the "salary grind" without quitting their jobs too early?
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