Get the app
IT Company Discussion
IT Company Discussion
on
WigglyPenguin
WigglyPenguin
23mo
by
Stealth

How much runway do you have ?

If you resign today without any job or any plan, how many months/years would be able to survive at the current burn rate (monthly expenses) ?

23mo ago
SillyBiscuit
SillyBiscuit
Samsung
23mo

25 years

DizzyPotato
DizzyPotato
Steel Exchange India
23mo

Damn !! what's your net worth now ?

DizzyTaco
DizzyTaco
Zepto
23mo

Breakup ?

JumpyPretzel
JumpyPretzel
Stealth
23mo

28 yrs

DizzyTaco
DizzyTaco
Zepto
23mo

Can you share down the breakup of net worth ?

JumpyPretzel
JumpyPretzel
Stealth
23mo

I don’t have much net worth, just that my monthly spending is less- about 30k/month.
My breakup is approx 60% in equity (stocks+MF), and 40% in debt (fd+pf).

DizzyLlama
DizzyLlama
Atlys
23mo

Already did resign - can last a year

DizzyTaco
DizzyTaco
Zepto
23mo

Can you share down the breakup of net wort?

DizzyLlama
DizzyLlama
Atlys
23mo

Nothing much - Few lakhs(5-6) - stocks, mutual funds Moderate lakhs(30) - ESOPs Few lakhs(5-6) - savings (emergency fund) Few lakhs - in Life Insurance

PerkyDumpling
PerkyDumpling
Stealth
17mo

20 25 years probably

WigglyPenguin
WigglyPenguin
Stealth
17mo

when are you planning to retire?

SwirlyUnicorn
SwirlyUnicorn
Stealth
23mo

8-10 years.

DizzyTaco
DizzyTaco
Zepto
23mo

Can you share down the breakup of net worth?

SwirlyUnicorn
SwirlyUnicorn
Stealth
22mo

2L Emergency savings corpus
45L Equity 6-7L EPF 5L Liquid Debt Fund

GoofyCupcake
GoofyCupcake
Microsoft
23mo

With current burn, 10 years maybe. With reduced expenses, 20-25 years.

DizzyTaco
DizzyTaco
Zepto
23mo

Can you share down the breakup of net worth?

SqueakyQuokka
SqueakyQuokka
Globallogic
23mo

10 months

WobblyNugget
WobblyNugget
Stealth
22mo

Probably will last 2years max considering no major hospital expenses for elderly parent's. Now dependent on companies group Health insurance. Need to buy a separate health and term insurance for myself. If I'm planning to quit.

BouncyCoconut
BouncyCoconut
Stealth
23mo

20-25 years

DizzyTaco
DizzyTaco
Zepto
23mo

Can you share down the breakup of net worth ?

PerkyWaffle
PerkyWaffle
Siemens
23mo

I am just living on my month salary 😂
No savings as of now...should start doing I know but not able to save anything at all. Now like 10 days are remaining and I ran out of cash

Discover more
Curated from across