GroovyWaffle
GroovyWaffle

Am I doing fine financially in comparison with other 28 y.o?

Hi all, not that I want to compare with others but recently I have had this FOMO wherein I reflected back on my savings and think they are still very low to have a secure future - a future that lets one live comfortably if not lavishly.

I am 28 with a take home of 1.3L/month - into sales/BD role and having done only BBA I am concerned about my future growth prospects -

I have a net worth of approx 17 lacs in 7 years of working with 90% of investment in SIPs and close to NIL liquidity-

I currently do 36K of SIP per month and thats my only investment and have been doing for 4 years

rest all of it goes into living expenses in Bangalore and supporting family back home - also i am a little free handed when it comes to money but not that i am in any major debt except for small EMIs

6mo ago
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SparklyBiscuit
SparklyBiscuit

Yeah thats good

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by JumpyPickleAssociate

18 LPA in hand as 25 years old.

Hey

I am not sure if I am earning enough. While I am free to live my life on my terms (family has decent bread earners and don’t have to send money back home) but still feel that I may be behind.

Am I doing good?