r2i forum

[QUOTE=Desi2return;673628]I am actually in a very similar situation too.....I can pay off my bay-area house in couple of years. Rent it out. Very easy to rent since its in a great location. With the rent I can easily manage my monthly expenses in India. I have a property (land) in India that doubled ...

[QUOTE=mn_op;673577]7 cr? Plus 2 apartments? Plus 'we are very simple, frugal in lifestyle'? Possibility of you running out of money in 30 years is same as Ms World falling for you. If you think corporate life is a rat race then it is a rat race. Every occupation is going to have its pros and cons ...

[QUOTE=GutsyGibbon;673497]I agree. To add on ... is your wife alright to live away from the only daughter? Are you ok to live away from wife and daughter? Is it a mid life crisis? One of the aspects of MLC is not having to worry about money. Money accumulated/saved by doing that boring job. I think ...

Thanks all for your wonderful feedback... both the +ves and the cautious considerations shared. Let me give a bit more color to my calculation and thinking... currently i have passive income from the FDs and the 2 rented houses (fully paid off) of approx 44Lacs per year.. I have spent 4 years in ...

Hi R2i gang, posting after a long time but a very keen follower of the forums. Fortunate to have had the opportunity to work for some of the best companies both in US and India and now in US.. but recently left a well paying job due to high levels of stress and toxic company culture. I am 45 and at ...

Folks I have relocated on a 2 yr assignment to India office of my company and transferred a good chunk of $$ to my NRE. I am getting conflicting advice on whether I need to covert my NRE to resident account, even the bank says that I can keep it in NRE or NRE FD since I am on assignment and the ...