u/ParticularTurnip5717

36F Married and have a 1.5 year old son | ₹3.5 crore portfolio | Planning for FIRE in ~10 years — looking for strategy feedback

Current portfolio

₹65L — Indian equities (~40% small-cap, 30% each in mid and large)

₹85L — Mutual funds (~55% small-cap, rest in mid-cap/flexi-cap)

₹5L — PF

₹18L — Parked in Sbi Max Gain home loan account (also our emergency corpus)

₹5L — NPS

Other Assets-

₹85L — Flat in tier 1 city, rented out because moved cities and not planning to move back because long term plan is to move to smaller city and live peacefully

₹15L — Land plot in small town (in hometown) barely appreciating - planning to sell and invest in equity

₹1 crore — includes gold/silver etf, wedding jewelry and inherited jewelry

Income & savings

Currently I took break for child care but planning to get back soon and add towards goal aggressively, before break I was earning 2L a month

Husband’s Take-home: ~₹3L/month

Investments: ~₹1L/month

Expenses: ~1.8L/month including home loan emi. Principle due - 30L

Health loan - covered in corporate and additional family floater plan

Term loan - we both have a sufficient cover

Upcoming goals - longer term we have child education, wedding and ageing parents to take care of

My long-term goal is FIRE, ideally within 10 years.

I don't necessarily want to stop working completely, but I'd like to reach a point where working becomes optional/ less hectic and give more time to family and traveling

For people already on the FIRE path:

Would you change the equity market cap/debt allocation significantly at this stage?

Given my current savings rate, what would you focus on over the next 10 years to make FIRE realistic?

Looking for strategy/experience-based feedback, particularly from people who have already reached or are close to FIRE.

36F Married and have a 1.5 year old son | ₹3.5 crore portfolio | Planning for FIRE in ~10 years — looking for strategy feedback

Current portfolio

₹65L — Indian equities (~40% small-cap, 30% each in mid and large)

₹85L — Mutual funds (~55% small-cap, rest in mid-cap/flexi-cap)

₹5L — PF

₹18L — Parked in Sbi Max Gain home loan account (also our emergency corpus)

₹5L — NPS

Other Assets-

₹85L — Flat in tier 1 city, rented out because moved cities and not planning to move back because long term plan is to move to smaller city and live peacefully

₹15L — Land plot in small town (in hometown) barely appreciating - planning to sell and invest in equity

₹1 crore — includes gold/silver etf, wedding jewelry and inherited jewelry

Income & savings

Currently I took break for child care but planning to get back soon and add towards goal aggressively, before break I was earning 2L a month

Husband’s Take-home: ~₹3L/month

Investments: ~₹1L/month

Expenses: ~1.8L/month including home loan emi. Principle due - 30L

Health loan - covered in corporate and additional family floater plan

Term loan - we both have a sufficient cover

Upcoming goals - longer term we have child education, wedding and ageing parents to take care of

My long-term goal is FIRE, ideally within ~6 years.

I don't necessarily want to stop working completely, but I'd like to reach a point where working becomes optional/ less hectic and give more time to family and traveling

For people already on the FIRE path:

Would you change the equity market cap/debt allocation significantly at this stage?

Given my current savings rate, what would you focus on over the next 10 years to make FIRE realistic?

Looking for strategy/experience-based feedback, particularly from people who have already reached or are close to FIRE.

In many Indian families, it’s not unusual for a bride to receive 300-400 grams of gold jewelry at the time of marriage from both families combined. Over the next 10–15 years, additional jewellery often gets added through anniversaries, festivals, baby showers, gifts from parents/in-laws, and eventually some inheritance as well.

It has appreciated massively in value and is worth close to ₹1 crore (in my case, around ₹28k per 10g when I got married to ₹1.5 lakh today, discounting for 22kt and making charges, I am valuing it at 1.1 lakh per 10g).

With that contributing to 40% of my net worth, Does it still make sense to keep buying gold through ETFs, or more jewelry? Or should this jewelry already be treated as part of the overall asset allocation?

I’m unlikely to sell it under normal circumstances, but it could be liquidated in financial distress. I could also exchange part of it for more minimal pieces I’d actually wear. It’s also earmarked for my child’s wedding, so it already serves a financial goal.

Given this, would you include existing jewellery in your gold allocation, or ignore it since it isn’t a conventionally liquid investment?

I have 1 crore equity portfolio:

• ₹65L in mutual funds (since 2019) – 17% XIRR
• ₹35L in direct stocks (since H2 2023) – 7% XIRR

I know markets have been flat over the last couple of years, so maybe it’s too early to judge. But I’m starting to wonder if direct investing is worth it.

Beyond returns, it also takes a lot of time and mental bandwidth to screen, analyze and track stocks. That time could probably be better spent improving my active income instead.

But at the same time, I also feel that I am just being impatient and giving it 2-3 more years will be worth it.

I would need suggestions from you all, and have you faced this dilemma and how have you dealt with it?