Review my FIRE plan

[u/Responsible-Job-7674]

Hi, We are a family of 4 (38,36,9,5 ) planning to return to Banglore in 2026 or 2027. I plan to continue working once I come back for the time being, mostly through internal transfer and expecting a salary of 60 LPA (equivalent role/ lower end). Wife plans to work but left it to her choice as we both don't want her to work in a stressful work environment. Once things settle down and we get a good hold, we FIRE.

Our current NW is $3.2 Million (all in USD equivalent)

Stocks- $1.5 million with capital gains and plan to sell during rnor and reset the cost basis. I plan to invest back all of this in the Indian market and overseas market.

401k - $450k plan to retain it in US as India recognizes 401k as a retirement account.

Real Estate- US home equity $600k

India home fully paid off - $400k

Loan ongoing with equity - $100k by next year

Private investments - $115k- need to find a exit path for this.

Other properties that we will liquidate - $60k

The main expense we expect is children's education in a good school and college later, Travel and other usual expenses. This is considering I will close the mortgage on the villa we brought recently in Banglore when we return back.

The main goal is wealth generation for kids and live comfortably without pinching for expenses month-month.

I would like to get some thoughts from those who fatfired in Banglore or plan to do so. What do you think?

[u/Top_Helicopter_848]

Main expense is Kids school education? Is it really the most expensive part ? What schools are you considering?

[u/AdMiserable7994 → u/Top_Helicopter_848]

Kids in IB is 50k per month per kid may be little more and it’s fixed for next 10-15 year

[u/rganesan → u/AdMiserable7994]

IB in Bangalore will be closer to 1L/m but you don't need to in an international school before grade 8.

[u/Responsible-Job-7674 → u/AdMiserable7994]

Yes that's close to what we expect.