For many Indians living abroad, the journey can be a rollercoaster of ambition, hustle, and self-discovery. One NRI’s candid reflection on his experience, shared in a recent post, offers valuable insights for fellow NRIs navigating the complexities of career, personal life, and financial stability. Having moved to the U.S. in 2006 with little more than ₹50,000 and a dream, the NRI reveals the mistakes made, the lessons learned, and the essential tips that could make a world of difference for those looking to build a more balanced and successful life abroad.
Balancing work, health, and clarity in your 30s
The post begins by sharing a key realisation from his early years: success does not equate to endless working hours. “I thought success meant working nonstop,” he admits, recalling the countless late nights spent chasing client deals at the expense of his health and personal life. The author emphasises a crucial shift in mindset, “Rest isn’t laziness. Saying no doesn’t make you weak.”
For those in their 30s, the post offers advice on prioritising self-care while building a solid financial foundation. The writer claims the importance of an emergency fund that covers six months of living expenses—not just six months of salary. He also recommends maxing out employer 401(k) contributions, urging readers to think long-term and invest in their future, even if it means cutting back on luxuries.
Building Community and Strategic Investments by 35
The post also explains about a growing family, a new home, and a demanding career. It was during this period that a small act of kindness from a neighbour changed his perspective. “Community doesn’t appear on its own. You have to show up and build it. Little by little.”
He says to encourage those in their 30s to strengthen their networks both personally and professionally, particularly within the Indian community. Staying connected to old friends, especially when it comes to real estate or startup opportunities, can open doors and provide valuable resources. He advises NRIs to carefully assess real estate investments in India, stressing that buying based on emotional ties or nostalgia can often backfire.
For those planning to return to India, the author recommends shifting 30–40% of long-term investments to Indian assets, while keeping the core of one’s portfolio where they currently live.
At 40: The key to financial freedom
As he entered his 40s, the author’s focus shifted from income generation to achieving freedom—the freedom to choose the work you do, to say no to toxic environments, and to enjoy life on your own terms. Acknowledging that his earlier savings strategy of investing in fixed deposits (FDs) was no longer sufficient, he now advocates for smarter, more growth-oriented investments.
The post outlines the power of compound interest, illustrating how saving just $500 a month from the age of 30 can result in nearly $600,000 by age 60. In comparison, starting at 40 means missing out on significant growth. “Don’t wait. Start now,” the writer urges.
Planning for the future
The post concludes with practical tips for NRIs in their 40s, urging them to begin thinking about their long-term plans, including potential returns to India. Questions about housing, income needs, and diversifying income streams should be at the forefront of financial planning. The writer also highlights the importance of writing a will, as dealing with paperwork across two countries can be incredibly complicated during a family emergency. “The best time to plant a tree was 20 years ago. The second-best time is now,” the author quotes Warren Buffett, reinforcing the importance of taking action today, no matter how small.
As he looks back at his journey, he leaves fellow NRIs with this advice: “Time > income. Always.” It’s a reminder that slow, steady progress toward financial security and personal happiness is the ultimate goal—one that can’t be rushed. The post explains key financial benchmarks that every NRI should aim for:
- Emergency Fund: 6 to 12 months of expenses
- Life Insurance: 10 to 15 times your annual income
- Retirement Corpus: 25 to 30 times your annual expenses (e.g., ₹2.5–₹3 crore for a ₹10L/year lifestyle in India)
For anyone in their 30s or 40s looking to build a solid foundation while living abroad, this letter serves as a blueprint for success, with the message: Start early, invest wisely, and build a life you can be proud of.