IIT-Delhi Graduate Surprises with Early Retirement Decision: Why He Left Lucrative London Job
In an unexpected turn of events, a 33-year-old graduate of the prestigious Indian Institute of Technology (IIT) Delhi has shocked the world by choosing to retire early in India, leaving behind a lucrative job in London. Equipped with a degree in Electrical Engineering/Computer Science from IIT-Delhi, this individual started a promising career abroad. However, the allure of a peaceful life in India prompted him to make a bold decision to detach himself from the corporate rat race.
The motives and journey of this IIT-Delhi alumnus have been explored in this article, examining the factors that influenced his unconventional choice to pursue early retirement in his homeland.
A Reddit post detailing the extraordinary decision of this 33-year-old IIT graduate to retire early from a well-paying job in London and return to Delhi has gone viral on social media. Although the individual chose to remain anonymous, he confirmed his IIT alumni status and shared his story online.
According to the Reddit post, the individual, described as a 33-year-old single IITian, had managed to accumulate savings ranging from -$1.5-2.5 million or ₹12-20 crore. The post listed six major reasons behind his decision, including the desire to be closer to his parents, the convenience of having domestic help, the lower cost of living in India compared to the United Kingdom, a dwindling social life abroad, a pessimistic outlook on the UK economy, and the possibility of finding an arranged marriage in India.
The journey of this 33-year-old began with his graduation from IIT Delhi in 2012 with a degree in Electrical Engineering/Computer Science. He then worked as a quantitative analyst for an investment bank in Bengaluru for four years before transitioning to London, where he spent five years in the banking sector and two years in the tech industry.
The Reddit post highlighted a significant growth in his total compensation (TC) over his 11-year career, starting at ₹35 lakhs in 2013 and eventually reaching 350,000 GBP by 2023.
Upon deciding to return to India, the individual meticulously calculated his yearly expenditures. I decided to live with my parents for a while since I hadn’t been with them for the past 15 years, and I wasn’t sure when I would have a similar opportunity again. As a result, my current spending rate is lower than X (0.25-0.5X), he explained.
He mentioned that his regular expenses included transportation, dining, and a gym membership, along with occasional costs related to travel and personal projects. Health and relationships are now his top priorities in life.
Looking ahead, the individual has set long-term goals for his life in India, such as finding a life partner, starting a family, and ambitiously aiming to adopt 1000 children. He emphasized the importance of embracing new experiences and allowing genuine interest and a sense of purpose to guide his path.
The Reddit post generated diverse reactions on social media, with various perspectives on the individual’s unconventional life choices. Some expressed concerns about the air quality in Delhi, while others admired his pragmatic approach and the prioritization of health and relationships.
It is clear that this IIT-Delhi graduate’s decision to retire early and return to India has stirred curiosity and sparked discussions on social media. Only time will tell what lies ahead for him and how his story unfolds.
