F.I.R.E.: Should we sacrifice our today for tomorrow? - E 04 

Shubham is not married, Let him get Married and then have children, also after a point Parent's responsibilities also comes on his shoulders.

Like Pattu, as a PhD faculty, I also started earning a decent salary at the age of 32. I started with INR 7.5 lakh in July 2018. Today, I am at 2.10 Cr in July 2024. It excludes real estate and my spouse investments. What worked: 1. 75 percent equity portfolio 2. High savings rate 3. Staying in a university campus away from city keep expenses low 4. Marrying a spouse who luckily gets a permanent work from home, is genetically frugal, and contribute equally to household expenses. It is not that, I compromised on quality of life. I did three self funded international travel since 2018, many domestic travel, and own a 25 lakh plus SUV. It is just about a mindset. With a comfortable savings, now we don't mind splurge.

Shubham = Clarity Max 💯 what a guy! Too young & too brilliant at times..

Don't agree with Shivam. He's beating his present, and losing his main currency time to chase his dream in future. Chase dreams niw

personal opinion....people are living in there own dilulu land.. Things that excites you in your 20's will not feel the same in your 30's (So if you are holding back saying "not today but someday in future" ) you have got it wrong.

First of all kudos to Shivam that he is investing such a good amount from his monthly salary and having a destination where he can do what he wants. I understood the term very late in my life. I was made familiar to such a thing by people from Air Force but due to little understanding I didn't really care that much but now being 40 in shree i seriously understand what does it mean what are its implications and its important to whom. As experienced from my life its worth the pain but it's not for all. Just like the to 5 of a class of 40. However there is lot more to FIRE just than a financial freedom and retirement and i hope he shall get the idea as he matures and have responsibilities on his shoulders. I myself has gone and going on to the understanding and path since 2008 and had gone through 3-4 years of unemployment and the wisdom it brought. Shri Ram bless you with more happiness and the resilience against this world has to offer to be on your path.

Man, You are going to rock the podcasts area. Your voice is a bigger strength 👌 The way you are driving the whole series shows your respect and love towards Pattu Sir. This series is a goldmine for the youth who are stepping into their financial journey. Thanks for this.

Excellent Podcast Love to participate someday in this 😊

The questions we should ask ourselves for FIRE are a. Are we running away from something or towards it. b. How much is enough to live comfortably ( not luxuriously) c. If money wasnt a factor, what would i do with my time sustainably over a longer tenure.

Shubham you have same mindset as me.🙌

Some young folks should chill down a little. Retiring at 30 is fine but it should not be by making your present a hell. Have some balance. No one knows what's gonna happen in the future or we aren't so sure whether we're gonna make it to 30. So always keep a balance and invest enough (in his case 70-30 in equity/debt). Rest enjoy the life you are having now. P. s- I'm not saying one should not invest but what I'm saying is one needs to have a balance else they're gonna measure everything in life with money (even necessary things) which not gonna end well

My god..! I can relate to Shubham soo much.

Well said the corporate stress is what made me to think and work towards financial freedom

This kind of issues are created due to too much focus on money now a days and in future if he retires early, he would not be able to enjoy life as well. These behavior's of over saving cannot be forgotten in a day, it becomes a way of life. So, live life and think why you want to retire early. As todays' expenses are not same as tomorrows. I am earning for last 15 years and see how lifestyle inflations will creep in and that is also for good, otherwise what is the use of such money in retirement corpus when you have lost the youth in misery thinking about future, that never returns.....

Dil ki baat kehdi bhai ne.. even if i have 10 cr , i dont wanna buy stuff... Mera duurr ka bhai nikla

Best episode ever from your channel , it boosted my mind to think better in terms of Money mindset.

It is so inspiring to listen to Pattu sir..kudos for putting this together

Humble pattu sir as always , to make us humbled.

Would strongly suggest Shubham to read the book 'Die with zero' by Bill Perkins

Loved the podcast ❤....even I want to retire early, corporate has sucked life out of me!

Love you pattu sir