A social media post has sparked wide interest, as a 44-year-old Indian-American tech worker shares his approach to retiring in India on a monthly budget of ₹3 lakh. Currently living in the U.S., he plans to return to India at age 48, once his daughter begins college. With a net worth of $2 million—roughly ₹16 crore—he believes he and his wife can live comfortably for the rest of their lives, possibly into the 2070s. His investments are mostly U.S.-based and are expected to generate a 6% annual return after tax. Assuming Indian inflation also stays at 6% and the exchange rate between the rupee and dollar remains stable, he feels his purchasing power will not diminish.
He envisions living in cities like Bangalore or Chennai, estimating monthly expenses of ₹3 lakh. This includes about ₹1 lakh for renting a premium 2BHK apartment, ₹50,000 for groceries, and ₹30,000 on dining and social activities. The remaining amount covers utilities, transportation, medical needs, domestic help, entertainment, and travel, including an annual visit to the U.S. to see his children. Although he could opt for a less expensive apartment or cut other costs, he prefers the added comfort of a slightly more upscale lifestyle.
In his financial plan, he’s allocated separate amounts for his children’s futures—$200,000 each for their college education in the U.S. and $400,000 each for future home down payments. Beyond this, he doesn’t intend to pass on significant wealth, preferring instead to use his money to enjoy a peaceful life with his wife. He mentions that luxury vehicles don’t appeal to him anymore, saying he’s happy using Uber or owning a modest ₹30 lakh car after having already experienced high-end cars in the U.S.
He addresses concerns about boredom in retirement by explaining that he enjoys a quiet life. He plans to keep busy with daily exercise, time with his wife, occasional movies, regular phone calls with his children, and long periods of relaxation. He says he doesn’t need much outside stimulation to stay content, and his wife is similarly low-key, enjoying a couple of outings each week.
The post attracted a range of reactions online. Some praised his self-awareness and thoughtful planning. One user noted that his strategy seemed well thought out and encouraged him to stick with it. Another wondered why, with a potential investment return of ₹17 lakh per month, he chose to live on just ₹3 lakh. Others discussed the potential returns from hybrid and debt funds, noting that even with higher monthly spending, his plan could remain sustainable.
Several people shared their own retirement goals, with one user mentioning plans to move back to India in a few years despite a lower net worth and younger children. Another pointed out that if he gives away $1 million to his kids, he’ll need to plan carefully with the remaining funds, especially if they include assets like home equity and retirement accounts. Some questioned whether it would be enough, especially if future costs like weddings or additional education support arise. But the general tone was one of support and curiosity, as many found his plan relatable and aspirational.
