Related Posts
Is 110 k $ good salary in south carolina?
Hi Guys, I am 5.5 years Java Developer and I have offer from JPMorgan Chase and Walmart .
Jpmc: 50% on current fixed + jpmc benefits Walmrat: 50% on current fixed + yearly bonus + stocks.
Please help me choose which will be better, mainly looking for brand value, work life balance and yearly hikes.
More Posts
Deloitte FDD vs PwC FDD? NYC
Shots fired. Your move Deloitte.

What do senior associates in Chicago make?
Additional Posts in Desi Consultants
^ You are a fuddu banda
Anyone here can help with referral at wayfair?
Just watched Karan Arjun. SRK is the GOAT.
Leaving this here

New to Fishbowl?
unlock all discussions on Fishbowl.







Chief
You listed items related to starting a family. Have your goals aligned to that vs a $ target
For instance , you will need a house. You will need a down payment for that house and then mortgage . If you are thinking 2 kids, that needs to part of that decision. Are you buying a house in NYC or in Dayton , OH? Because that is probably the biggest expense and biggest item that aligns to family goals.
And that is one line item. Many will make 120 K at 40 and many will make 400 K. It comes down to what exactly your life goals are
Also, if youâre planning to get married, your goals must align with your spouse.
Pro
While it really âdependsâ based on individuals, I feel very connected with your scenario so I share my plan and hopefully you can correlate.
1. I bought house for my parents, and saved 10L in fixed deposit for emergency
2. I bought a real estate for myself for future home in case I go back
3. I have $35k in stocks. My goal is to make it $100k in next 3 years or so, and leave it like that in index funds. That way, it continuously grow whether I am here or not.
4. I like to see where I stand in my career by 2022 and see if I receive any global opportunities (Europe, APAC) from there on so that I can stay closer to my family in India. I am probably done here.
5. If I choose to stay here, I will plan to buy home by then (2022).
Life goals are- get married by end of 2021, and start family.
Thank you SM1. This is very helpful.
Hey fish - happy to share my perspective but will need some more info to provide fruitful guidance. Shoot me a DM and letâs chat!
..is okay but would love if you could share your thought process. Anything trivial will also help me as I am pretty clueless. Thank you!
Thank you D1!
Chief
Are you maxing out your 401k? Thats a good place to start
Pro
I would be careful in maxing out on 401K if you plan to leave the country in sometime. Because, if you need to withdraw money sooner than 65, you will have to pay penalty.
Thank you SM1 for your detailed answer! Do you have any goals like by 40, you need to have net work of $xx of salary of $yy? If yes, how do you go about tracking and achieving those goals?
Pro
I honestly donât have plans till that far. And part of the reason is that, there are too many variables involved (marriage, VISA, kids, job, market). I will take it by 2-3 years.