I am a 30 year old IIM graduate. I have 6 years of total work ex.

I have only saved 40 lakhs until now. I scrolled across this group and people are already posting that they have saved a crore at this age. How is this possible? How did they achieve this? Am I lagging in life? My salary was decent only all this time.

likefunnyhelpfulupliftingsmart
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At 30 you have 40L saving I'm 31 and I don't even have 10L saving. You are way ahead for your age, abhi me tere sath compare karega to rat ko so bhi nahi paega. Don't compare with anyone, grass is always greener on other side.

likefunnyhelpfulupliftingsmart

6.5 yoe with 2 lacs saving 🥲

likefunny

32 yr old.
MF: 8 lac
Stocks: 2.5 lac
PF : 15 lac
FD 15 lac
Gold: 2.5 lac
PPF: 2 lac
Nps: 3 lac
Flat nr to Mumbai, having loan pending amount 30 lac.
Any thoughts?
I guess I am saving less than guys of my age.

likefunnysmartupliftinghelpful

What are some of the best MFs to invest right now?

Recent IconRecent

So the story goes like ..
One day Alexander The Great was on a leisurely morning walk , at this point he had almost conquered the whole world and he was waiting to enter India and was trying to negotiate with King Porus . Now 2 Rishis were coming from the opposite direction they saw Alexander and said so you are the Great Alexander you are the one who has conquered the whole world wow so much I have heard of you but today I saw my life is Complete now.
Listening to the praise Alexander stopped and tried to give Some gold 🪙 to both of them but they refused and said that they don't want the gold instead they want a small favour from him. Alex. Said go ahead ask, then they said ki they are really poor guys they eat whatever people give them, bathe in Ganga and wear just one set of the same cloth and he then took out a small sewing needle and said ki we have only one set of cloth so when it gets tear and wear and some holes develop in it what will do here to we can sew it but but when we'll die and go to another world they will not be able to Sew those clothes we just want you to take this needle and bring that up and give it to me like you bring that needle and when we will go and you also come you just give that needle again to me in the another world which is after death so Alexander after that he like started laughing and thinking that they are mad and he said you don't know we cannot take anything like from here to the another world and started laughing then the rishis smiled and said to him that only you have to know we don't know why you are killing this much people why you want the whole world like what you will do of the whole world can you like use it no you cannot the same way you keep it whatever you think if you can hold it and hold it or if you think if you will take it then please bring this needle with for us only that much we want then Alexander thought for while and he just went till his base barefoot walking and after that everyone knows what happened in Alexander and porus war like he won but it was a brutal fight he was hurt his army was hurt and he couldn't survive that after that he died and he said before dying that when I will die leave my hand out of the casket and leave it open and keep like gold falling from it so people should know in the end you cannot take anything even Alexander the Great who won the whole world couldn't take a single coin .

So be happy guys , be content , raise good kids and take insurances , and LIVE a little, be happy and grateful you are able to take that theoretically 'Impossible breath considering our infinitely Huge Universe with no proven end yet. 🙏❤️

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Use this comment as a like button if you have not read the whole story.

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Yaha toh 2 lakh bhi saving nahi hai phir bhi jee raha hoon 😂😂

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You have answered this question yourself. Your salary was decent. Their salary was great. They chose a career in tech while you chose a career in management. Over the last 7-8 years, tech careers have given much higher returns than management/consulting careers. You can evaluate this yourself. I too did my PGDM but part-time to focus on my tech job and my building my startup.

I'm 31 and I too have good enough savings which helped me buy my new home recently in a metro city of India. My primary income was thourgh my job and then I made several investments in stocks and startups which paid off very well in the last 6 years. I don't recommend everyone to do this since there is a level of risk involved.

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I have 7 yrs of exp and have saved around 23L including Stocks, FD and PF. Most of my savings happened in last 3 years due to WFH, till 4 years of exp I had a saving of around 3-4 Lakhs only. I did make a switch getting 120% hike in mid 2021. I am trying to make another switch in next 6 months. My salary is not that good I have only switched once in my 7 years of career.
CCTC - 14
Yoe - 7.5

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You need atleast a 300% hike to get to a decent ctc

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29
Yoe 7

Total 41/42
FD 21
MF 2.5
Stocks 2.5
Gold Bond 1.5
Epf 4
Ppf 7
Cash 1.6
1 car but no loan
No personal home

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@V1 yes, feeling is mutual

33yrs, savings(including partners') -> 1 crore.
Hoping to retire by 45, with a 3 bhk in Bangalore.

Note: lost all the motivation to keep working thru the age of 60 and chase money endlessly

Instead focusing on spending quality time with kids, friends and parents.

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Wow @shell..are you already at 40 LPA!?

I am almost 32 M
Stocks US : 49 L ( Was 77L during the Covid freakin bullrun in 2021 😆)
Stocks Indian + MF : 14L
PF : 8 L
FD: 14L
Savings a/c: 3 L
Gold: 7 L
Total 90 L

That’s all I have as the only working member in a family of 4. For me: 8CR seems a ideal retirement fund. Good thing is I have my parents house to live in so might look into buying a commercial property soon.

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Rental and gaining some gains

How do you guys can save this much? Did you all pay your education loan for bachelor's degree and masters (if applicable)? What was your initial package?

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28F
Bank balance 1Lac
Stocks 80k

What should I do then. Haha

funny

Volkswagen that's rude!

Don't make this platform another quora please

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Please uninstall then

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You guys have savings??? 😅👏

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The post made me take stock of what I saved, and spent.

34/ 10.5 YoE

MF - 10L
NPS - 1.5L
PPF - 3.5L
EPF - 11L
Cash - 2.4L
Loans : 15.5L
Cash burned recently - 13L-15L for wedding and car

Had close to Close to 40L now 25+ Loans.

Looks like will never save enough to retire.

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My savings 1cr debt am i shouting. Don't be dumb to compare urself with others bro njoy ur life no one will be same

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Age 36: Salary: 1.2 lac per month
No saving in account.
1 flat with Loan pending of 27 lacs
NPS- 1.5 lacs
SIP- 2.6 lac
LIC- 5 lac

If i see in this group i am way to behind. And i jnow whatever i do i won't be able to save much for my son education now. I spend whole day and night thinking what should i do to save money.
I started career in 2011 with salary 13k per month. Spend my life in just owning a house in NCR.
Any thoughts which can help me. I have monthly expenses of around 80k.

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I'd suggest, move abroad for a few years. Try finding a job in Dubai or Singapore where the salaries are good and if you're mindful you can save, invest and create wealth for yourself in the next 3-5 years before you turn 40.

Also you're in the right age to move abroad. You're not too young and not too old. You're experienced enough and at this age you can take a lead role in companies abroad.

Please think about this seriously and take action before you turn 40.

Age 29 Married
Combined mine and wife
FD 35 lakh
Ppf 9 lakh
MF + Stocks 6 lakh
Epf 6 lakh
Nps 1.5 lakh
Cash 7 lakh
Real estates 1.5 cr (approx guess)
No loan 2 vehicle (1 car one 2 wheeler)

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Wow real estate is from parents or own?? Your cctc and tech stack??

24 years old.
1. 6 Lakhs-FD
2. 2 lakha - PF
3. 8K - Mutual Funds

Any suggestions? Thanks.

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Main to job search kar rha tha 24 m

33 years old. 0 savings. 40 lakhs debt. Wow I am going on the right direction

funny

It seems all are almost similar pace.

37 years

MF 19.5L
Stock 3.5 L
PF 18L
PPF 6 L
Cash 4L

Home loan outstanding 7L

Sal till 2021 mid 16.5L
Now, 41L

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Lol, crypto. 🤦

40 Lacs is really low. Do some good research and start investing.

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Age 32 with zero savings 😔

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