95L good for Coast FIRE in tier 1/2 city?

[Cinemapicha]

I've been chasing the FIRE number for a while, but now I want to stop that chase. I have 95L invested right now (peak was 1.04cr and recent low was 89L, which has recovered). I'm thinking of going for Coast FIRE now.

I don't know what the FIRE number for India should be because most calculations I see are for the US and they aren't useful - we have much higher inflation. So what do you think the number should be?

My monthly expenses are 70-80k and I earn 3LPM. I own a house and another one is under construction (the EMI for that is already counted in my expenses). I live in a tier-2 or tier-1 city with a population just above 1 lakh.

All my investments are in mutual funds; I don't hold any stocks.

I plan to use the remaining money from my salary to try building a business or something that can give a big return. If nothing works out, I'll let the 95L keep growing steadily.

I'm 27, single, and marriage might happen in the next few years. Expenses for that won't be more than 15L, as I'm from a lower-middle-class background (my income doesn't show that but trust me, we lived in a rented place for half my life).

[Ashwin]

I'm curious - why are you aiming for FIRE at 27? Your salary is great and you could easily build multiple crores even if you work a few more years.

[Adarsh]

If you invest the remaining amount into MF after expenses - around 2.2 lakh - you can already consider yourself in a Coast FIRE situation, provided you have a proper SWP plan and the market improves, especially after the disappointing last two years. https://indianfinestimator.com/retirement-readiness