Get the app
IT Company Discussion
IT Company Discussion
on
DerpyDumpling
DerpyDumpling
Zensar

3.5 lac to 4 lac passive income generating, can we stop working in corporate?

My wife and myself are working, with savings we bought some agriculture land and one small house for rental income purposes. Now we are getting 3.5 lacs fixed income from our assets. We do have another house to stay in my village. Planning to quit this IT job and will work on something else. Will it be a right decision?

Age: 34, wife :32 Combined CTC: 28 LPA Current role: Tech lead (Canada on site)

5mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
PrancingPancake
PrancingPancake
IBM5mo

per month?

DerpyDumpling
DerpyDumpling
Zensar5mo

No brother, it is for Year.

PrancingPancake
PrancingPancake
IBM5mo

isnt is less ? you guys are used to 28LPA life style 4.5LPA is like less than my salary of most freshers . It will hard to adjust i feel .

ZippyMochi
ZippyMochi
Stealth5mo

How much do you have in savings?

DerpyDumpling
DerpyDumpling
Zensar5mo

PF and stocks&MF it would be around 12 laks

DerpyNarwhal
DerpyNarwhal
SAP5mo

Yes why not. It is always better to have peace of mind then some fancy role in IT.

DancingBagel
DancingBagel
Infosys5mo

Yes

Discover more
Curated from across
Personal Finance
Personal Finance11mo
by FuzzyCoconutSoftware Developer

Post tax 7 lac a month. Double income no kids, but not sure what do with all the money.

Me and my wife are 30 years old software engineer with no kids. Draw 7 lac a month please some yearly bonus. We invest 2 lac a month combined into equity market through mutual funds.

Expenses: 1.5 lac a month including everything, li...

Top comments
user

Hey - we are also similar to you. Would strongly suggest finding something you’re passionate about. For us (prim...

user

Funny how no one commented to be adopted by you 🤣

user

Bro My suggestion is Buy some big land in outskirts and save some in your Account. Once you fell not intereste...

Personal Finance
Personal Finance27mo
by FluffyTacoProduct Manager

FIRE

For those who are planning for FIRE. Share your-

  1. FIRE net worth
  2. Target age to achieve FIRE
  3. Current age and YOE
  4. Current network