As IT became stressful these days, what is your solution for IT life after 35?

[Rushabhi]

Chese kodhi work istharu. Year end ki max 3-4 percent penchutharu. Vallu matram millions venakesukuntaru. Anduke evariki ekkuva cheyakoodadhu. Just enough to get our paycheck anthe

[mustang302]

Still got 4 more yrs..taruvatha kanipinchu vuncle,appudu cheptha..,!

[Cool]

Gave a very serious thought about quitting IT, but next em cheyali ante okka idea kuda ravatledu.. and more over ippudu business cheyali without any exp ante evaru mosam chestharu and unna money loose avuthe enti back up ani alochana

[zarathustra]

37 minutes ago, Rushabhi said:

Chese kodhi work istharu. Year end ki max 3-4 percent penchutharu. Vallu matram millions venakesukuntaru. Anduke evariki ekkuva cheyakoodadhu. Just enough to get our paycheck anthe

Best to work for yourself

[zarathustra]

12 minutes ago, Cool said:

Gave a very serious thought about quitting IT, but next em cheyali ante okka idea kuda ravatledu.. and more over ippudu business cheyali without any exp ante evaru mosam chestharu and unna money loose avuthe enti back up ani alochana

MBA cheyyi, aa ideas tho own business modalettu

[zarathustra]

MBA option ela untundi antavu TS, but of course even that is just another way to be a corporate drone so may be not that practical an option

[Rushabhi]

Business is not easy as well. You are stressed there too. You have the risk of losing everything. 

[MysoreJackson]

Now-a-days almost all the jobs are stressful with tight targets and yearly goals even in govt space. Gone are the days where govt employees used to think just time pass karke aa jao, they are monitored more than ever.

Quitting a job seems to be easy on paper but not at all an easy option to quit a regular paying job and run a family unless you have solid fixed income which appreciates at least at the rate of inflation. Fixed incomes and running income could be rents, dividend paying stocks or agriculture returns( should cultivate 5-10 acres) such income generation should be from 3-4 sectors.

In my case, few years back after started I working I thought 1cr is enough money for me and I will stop working if I have 1cr cash so I can do a FD and get about 8-9% returns back then but now the case is you get just around 5-6% which around 5 laks per annum. I dont think we cant run family with 5 laks. We need to think and plan funds for at least next 25 years if at all we start thinking to quit.

[RULER]

It all depends on what age you reach financial freedom and financial confidence... without it ...retiring early will be more stressful 

financial freedom is something  you no need to worry about money ..financial confidence is even though you lose all money you have confidence that you can earn is back ...

For eg :- trading us stocks ... if you have one million in account ...10% of one million 100,000...which would be enough to stay happy 

to reach one million dollar ...you have invest early in your age ... what we earn through job is all peanuts and saving them back will never reach you to financial freedom ... 

invest income earned thru job in a right way and compounding it every year will create wonders ...

Once we are in place earning near to same kind of yearly income thru passive income ... Giving up IT Job is easy 

 

 

[Amrita]

Pani poori bandi . Success ayite restaurant.

[AndhraneedSCS]

Life lo manam chese pani manaku nachadu.  Tensions mana valla kadu anukuntam. 

 

Teera aa stress iche pani manesthe.. emi tochi chavadu ... 

 

We will be back to same stressful life.

 

Work lo vache difficult tasks ni think/resolve cheyyadanni "stress" anukunte evadu emi cheyyaledu. If you don't take things personal and relate work at hand to your future and salary, you won't feel the stress.

 

 

[DesiPokiri]

31 minutes ago, Rushabhi said:

Business is not easy as well. You are stressed there too. You have the risk of losing everything. 

i developed a strong business circle.. even stocks are risky, why do someone invest

[divvu]

Same thoughts... but luckily i am retiring this year (35 years) and going india for good.

turned 40K to 350K in stocks since march( thanks to pandemic and my luck)

15K$ through stocks every jan 1st withdraw( currently 150K growth stocks portfolio. I wont disturb atleast 10-15 years...)

another 150K will construct good house in two tier city.

another 50K , will invest in stocks freshly when market supports.

i have another 60L cash which i saved in 6 years .

30L doing passive investment in real estate which yields 6L per year( 50k per month) 

so every month ( 50k + 1k$)=== 1.25L and my free time.

 

[JAMBALHOT_RAJA]

30 minutes ago, divvu said:

Same thoughts... but luckily i am retiring this year (35 years) and going india for good.

turned 40K to 350K in stocks since march( thanks to pandemic and my luck)

15K$ through stocks every jan 1st withdraw( currently 150K growth stocks portfolio. I wont disturb atleast 10-15 years...)

another 150K will construct good house in two tier city.

another 50K , will invest in stocks freshly when market supports.

i have another 60L cash which i saved in 6 years .

30L doing passive investment in real estate which yields 6L per year( 50k per month) 

so every month ( 50k + 1k$)=== 1.25L and my free time.

 

Do you have kids uncle ?

[divvu]

8 minutes ago, JAMBALHOT_RAJA said:

Do you have kids uncle ?

Yes .. inka school ki vellatledhu😀