23M | Boost FIRE chances by 40-45? (Tips, pitfalls)

[Kunal]

Not looking for personalised advice, just curious about two things:

1) Is it even possible for me to achieve FIRE?
2) Am I on the right track?

I know I might not fit the usual sub audience, but if the mods and community are okay, I'd love some feedback.

I'm 23, working in tech consulting right after college. My family is lower‑middle class.

Salary - 45k
Investments - Stocks and metals: 67k
MF corpus - 144k

No car, no bike, no real estate. We do have some undivided family land in the village and a family‑owned house.

I plan to work till 45 and hope to be FIRE by then. I've been living frugally and just want a peaceful, enjoyable life.

[Daksha]

1. Maybe

2. Maybe

[Saad]

How can anyone tell you without knowing your expenses and the expected changes in your income and spending?

[Mukesh]

I'm fed up with these low‑effort posts.

[Aman]

Both of us earn, no kids. My partner also has an FI mindset. We're thinking of delaying the house purchase, putting as much as possible into equity mutual funds - the more the better, aside from an emergency fund. Trying to push the savings rate above 50% whenever we can.

[Rupali]

The only advice I can give is:
1) Think big - don't be penny‑wise and pound‑foolish. Look at the bigger picture, opportunity costs, etc. (It's tough when you grow up in a low‑income household.)
2) Keep learning and invest in yourself. Celebrate small wins, but don't get complacent or settle in your job or business.
3) Treat your investments and FIRE plan as a separate business, independent of your income sources.

[Saad]

You'll end up miserable and burn out faster if you keep obsessing over FIRE right now. Focus on growing your career and keep your expenses in check. Who knows what the future holds? Don't let your present suffer because of future worries - you might not even reach 45. If you keep saving and investing, you'll become FI sooner.

[Sachin]

- Upgrade your skills to raise your income.
- Save a higher percentage of what you earn.
- Keep expenses under control.
- Invest early and stay consistent.

[Nikita]

[ Removed by Reddit ]

[Chandan]

Seriously, what's with the 'jaat pe baal nahi hai' and 'bacha kaisa paida karu' posts? Brother, live a little, see the world, understand how things work before you decide you want to retire just because that's what you think after retirement.