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Bloomberg Quint

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Image Credit: Bloomberg Quint

Man Retires At 45 With Rs 4.7 Crore From Simple Job And SIPs, Viral Reddit Post Leaves Users In Awe

  • A man retired at the age of 45 with a Rs 4.7 crore corpus from a simple job and SIPs, catching attention on Reddit for his unique approach to personal finance.
  • He started investing in mutual funds through SIPs in 1998, even when the concept was not common, gradually increasing his contributions as his salary rose.
  • Despite living a frugal lifestyle for years in a 2BHK, riding a scooter, and taking minimal vacations, he managed to accumulate significant wealth through consistent saving and investing.
  • The viral post on Reddit praised his financial discipline, with many users impressed by his ability to retire early and maintain a low-key lifestyle, while some raised concerns about potential compromises in enjoying his wealth.

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