r/FatFIREIndia

Reality check on expenses for family of 4 in tier 2

Reality check on expenses for family of 4 in tier 2

Tracked family spend for Apr–Sep (screenshot attached). Couple + 2 kids (primary + kindergarten), Tier-2 India. Income and internal transfers excluded. Looking for a fatFIREIndia sanity check — what’s high for this stage, and where you’d cut first.

Quick read of the matrix

  • Monthly cats are roughly on the 6-month budget overall; Food and Transport are the clear overages, Shopping is well under.
  • Housing is rent + maintenance + household help + utilities — kept lean on purpose.
  • School & Classes is lumpy when fees hit; still pacing under the annual budget.
  • Travel and Insurance have most of the year still ahead.
  • Some Uncategorized left that are miscellaneous and unplanned spends.

Questions

  1. For fatFIRE with 2 young kids in a Tier-2 city, does this burn look high, low, or about right?
  2. Transport and Food are the monthly misses — what’s actually worked to cut those without making life miserable?
  3. School/classes pacing toward the annual budget — normal for decent private + extras, or overdoing it?
  4. Would appreciate if you guys can share your spending by categories to see where we can optimize or not needed.

Lifestyle we have is not luxurious i would say, but very comfortable. Travel coming up later this year and will probably burn through the remaining budget. If you ask me from 10 years ago, i would say, these numbers are outrageous and now that we are living it, it seems very reasonable and don't think we can reduce much. Food, we cautiously decided not look at price tag too much and purchase what we like without putting too much thought into it, that's why the budget looks high.

Happy to break any category down further. Thanks.

u/Reasonable-You — 10 days ago
▲ 15 r/FatFIREIndia+1 crossposts

Need advise on planning

I’m 29 running a family business.
I make 1.5 -2 cr a year.
Net worth is about 30 cr mostly real estate that i inherited and purchased.

I dont have any exposure into mutual funds/markets.
Family have been traditionally investing into real estate, physical gold and LIC Policies.

I’m thinking of diversification and at the same time want to actively buy land in prime locations and highways where it could potentially grow in future until i reach 50 Cr Net worth.

Later want to build commercial buildings for rental income of atleast 2-3 L per month.

Thinking of buying bank properties that come in auction and take a loan against the purchase to offset the rent into principle.

Please advise how much diversification into stocks/ FD/mutual funds is good for my case and how do i start?

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u/Even_Dragonfruit_619 — 13 days ago

For people in their 50s who have spent most or all of their career working in India, what is your current net worth?

I’m in my 30s and trying to understand how realistic it is to reach FatFIRE by my 50s while earning and building wealth primarily in India throughout the career.

A lot of posts here understandably come from NRIs who accumulated a significant portion of their corpus in the US, Middle East, Europe, etc. Those posts are useful, but I’m specifically interested in understanding the wealth trajectory of people who earned predominantly in India.

If you’re in your 50s or late 40s or if you are younger and can project your current NW growth and comfortable sharing, it would be useful to know:
- Age or age range
- Approximate current net worth (incl. primary home)
- Career field and whether you were salaried, business owner, professional, etc.
- Whether most of the wealth was accumulated from Indian income or whether overseas earnings played a meaningful role
- Whether inheritance/family wealth contributed significantly

The reason I’m asking is not to compare individual net worths, but to understand the realistic long-term compounding potential of an India-based career. For someone in their 30s today earning well in big tech software industry, investing consistently, and aiming for a relatively high-end lifestyle in retirement, is reaching something like ₹25–50+ crore by the 50s something that you have actually seen happen through salaries + long-term investing in India?

Would especially appreciate experiences from people who did not build their corpus through NRI earnings.

View Poll

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u/EmergencyReindeer965 — 14 days ago