He turns double crorepati at 37 but is only silently celebrating: Rs 1 crore in mutual funds and Rs 1 crore in property

After 15 years of consistent investing, a 37-year-old working professional has quietly achieved a significant milestone—crossing ₹1 crore in mutual fund investments. Alongside this, they also own a property valued at ₹1 crore, although a home loan of ₹25 lakh remains outstanding. Despite this double-crorepati status, the individual has chosen to remain anonymous, reflecting a deep-rooted discomfort around discussing wealth openly, especially within the Indian context. He posted this on Reddit. Many people, particularly in India, hesitate to talk about their financial achievements with friends or family. The fear of being perceived as boastful, or worse, triggering jealousy and entitlement, keeps such milestones private. In joint families or tight-knit communities, disclosing one’s net worth often leads to unintended consequences—relatives seeking financial help, unsolicited advice, or judgments around lifestyle choices, he said.

What netizens said

Several users praised the accomplishment and encouraged the investor to stay the course. Some highlighted how the first crore is the hardest and that the next few could come much faster with disciplined investing.

Others raised important points about financial planning, especially around preparing dependents for the future. A recurring suggestion was to maintain a “what to do if I die” file—a document containing all key financial information, insurance details, and access instructions for one’s family.

Community members also offered guidance for beginners, encouraging others to share detailed breakdowns, including types of funds, investment strategies, and performance metrics like XIRR. Others shared their own regrets about starting late and keeping too much idle money in savings accounts during their early working years.

One commenter laid out a clear financial fitness plan—starting with medical insurance, clearing non-home loan debt, building an emergency fund, and securing term insurance before moving to regular investments and eventual wealth multiplication through asset creation or enhanced SIPs.

FIRE?

Is he aiming for early retirement or pursuing the FIRE (Financial Independence, Retire Early) lifestyle? Not even close. At 37, with a family to support and long-term responsibilities ahead, the target is far beyond what he currently has, he said. For someone in his situation, true financial independence would require a corpus of at least Rs 10 crore, he said.