step-by-step FIRE (Financial Independence, Retire Early) plan

 Here's a step-by-step FIRE (Financial Independence, Retire Early) plan tailored for you, based on what I know about your life (e.g., ₹93,000 income/month, ₹23,000 expenses/month, 5-acre farm, tech skills, age 41, desire to be free from job):

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🔥 FIRE Step-by-Step Plan

✅ Step 1: Know Your FIRE Number

• FIRE number = 25 × annual expenses

• If monthly expenses = ₹30,000 (add future needs),
  → Annual = ₹3.6 Lakhs
  → FIRE Goal = ₹90 Lakhs

Want a luxurious life? Adjust goal to ₹1.2–1.5 Cr

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✅ Step 2: Create Monthly Surplus

Income	₹93,000
Expenses	₹23,000
Surplus	₹70,000/month

🚨 Don't let lifestyle creep steal your surplus.

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✅ Step 3: Emergency Fund

• Target: ₹1.5–2 Lakhs

• Park in Liquid Fund / FD / Bank

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✅ Step 4: Automate Investing for FIRE

Asset	%	Instrument
Equity Index Funds	60%	Nifty 50, Sensex
Growth Stocks (e.g. IRFC, PSU, smallcaps)	20%	Do research
Debt (EPF/PPF/Debt MF)	10%	Stability
REITs / Farm Projects / Gold	10%	Optional

📌 Use SIP for automation. Start with ₹50k/month.

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✅ Step 5: Double Your Income

• Use your 4 free hours/day:

  • Create YouTube/Blog on FIRE journey, goat farming, rural life.

  • Sell digital products (courses, guides).

  • Freelance Python, testing, automation.

  • Use farm for income: goat milk, manure, agri-tourism.

🎯 Goal: ₹1.5–2 Lakh/month in 2 years.

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✅ Step 6: Low-Cost Living, High-Impact Life

• Live simply, invest aggressively.

• Avoid big loans, EMIs, lifestyle upgrades.

• Use bike, home-grown food, solar, etc.

• Invest in skills & health.

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✅ Step 7: Track Progress Monthly

• Use sheet or app:

  • Income

  • Expenses

  • Investments

  • Net worth

📊 Review FIRE % = (Net Worth ÷ FIRE Number) × 100
👉 Example: ₹12L ÷ ₹90L = 13.3% to FIRE

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✅ Step 8: Bridge FIRE (Optional)

• Create passive income streams:

  • ₹30k/month from stocks/dividends/rent

  • Start part-time digital work even after retiring

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✅ Step 9: FIRE Day

• When income from assets ≥ expenses:
  → You’re FREE

  • Retire from job

  • Do only meaningful work

  • Travel, build, contribute