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Mumbai techie earns Rs 25 LPA, still feels success is 'out of reach'

Mumbai techie earns Rs 25 LPA, still feels success is 'out of reach'

Time of India3 days ago
A post shared by a 24-year-old tech employee living solo in Mumbai has struck a powerful chord with countless young Indians navigating similar challenges. Despite earning a respectable annual income of ₹25 lakh and living prudently, the writer expressed frustration that genuine
financial stability
and succes always "seemed out of reach"—regardless of savings or effort.
Hoping to mark his parents' 40th wedding anniversary with a family trip to Dubai, the young man was met with hesitation from his father. The elder's reluctance to spend ₹4 lakh on a celebratory vacation reflected more than just thrift—it unveiled deeper anxieties about financial unpredictability, long-standing
generational hardships
, and a haunting question: can
Indian middle-class families
ever truly feel safe in their finances?
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The son, despite having built a savings cushion of ₹25 lakh for himself and estimating his family's collective funds at around ₹1 crore, faced his father's cautious perspective. His father warned that future costs—such as a wedding that could demand ₹40 lakh, potential career-driven relocations, and steep monthly rents in metropolitan cities like Mumbai (where a basic 2BHK often costs ₹50,000)—could destabilize their careful planning at any time.
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Undo
Beyond tangible numbers, the father's concerns tapped into an intergenerational feeling of stagnation. He reflected on how, despite years of hard work by three successive generations, their family had yet to attain what society labels as 'success.' With technological advancements like artificial intelligence threatening to reshape the employment landscape, especially for those in economically vulnerable positions, the long-assumed comfort of a secure job no longer feels guaranteed.
In closing, the post painted a clear picture of the uphill battle faced by
first-generation earners
. Starting from the ground up, building a future independently carries a burden that many silently shoulder. The author poignantly underscored that achieving a comfortable life isn't just about working hard—it's about confronting the sobering truth that, for many, the finish line keeps moving.
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Not too worried about markets as strong flows are unlikely to taper off soon, says WhiteOak's Mantri
Not too worried about markets as strong flows are unlikely to taper off soon, says WhiteOak's Mantri

Mint

time7 minutes ago

  • Mint

Not too worried about markets as strong flows are unlikely to taper off soon, says WhiteOak's Mantri

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Time of India

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