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Man retires at 45 with Rs 4.7 crore savings; nephew reveals, ‘He invested early in…’

Shared on the r/IndianStockMarket subreddit, the story of a man who retired at 45 with Rs 4.7 crore in savings–without a high-paying job, a business, or stock trading–has struck a chord with netizens.

The man started investing in SIPs from early 1998

At a time when flashy careers and high-risk trading often dominate conversations about wealth, a Reddit post is quietly shifting perspectives. Shared on the r/IndianStockMarket subreddit, the story of a man who retired at 45 with Rs 4.7 crore in savings–without a high-paying job, a business, or stock trading–has struck a chord with netizens.

The post titled “He retired at 45 with Rs 4.7 crore,” was shared by the man’s nephew, who credits his uncle’s financial success to nothing more than consistency and early investing. “This was my uncle. Never had a flashy job, never built a business, never traded stocks. Just a boring job that paid decently,” he wrote.

What made the difference was discipline. Back in 1998, when mutual funds were still a mystery to most people around him, the uncle began investing Rs 10,000, a significant amount at the time. Eventually, he started a Rs 500 SIP (Systematic Investment Plan) and steadily increased the amount as his income rose. “By 2010, he was putting in Rs 20,000 a month. He never stopped,” the post read.

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When his nephew once asked how he’d pulled it off, the uncle didn’t offer a lecture–just a CAMS statement and his bank passbook. The total: Rs 4.7 crore.

But perhaps what truly sets him apart is the way he has lived. No luxury apartment, no fancy cars, and only one vacation, Kerala. He’s lived in the same modest 2BHK for over 30 years and rode a scooter most of his life. Only now, in retirement, do they — he and his wife — travel more regularly–“almost every weekend,” according to the post. Yet there’s still no showiness, just a quiet, contented freedom.

“Kids have no idea about his net worth. He’s my go-to for anything practical in life. And honestly, he’s the only real inspiration I’ve needed,” his nephew wrote.

Take a look at the post here:

Screenshot of the Reddit post

The post has received over 9,000 upvotes and sparked widespread admiration. Users hailed his story as proof that patience and simple financial habits can pay off in the long run. Others, while impressed, wondered whether such a frugal lifestyle came at the cost of enjoyment in his younger years.

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A user wrote, “I appreciate him saving money at an early stage, but not at the cost of compromising every stage of life. But good that he is free now and will be free rest of his life.” Another person commented, “He wasted his life practically. Lived like a convict in a jail. At 45 yrs, I don’t think he will have the same energy and conviction to live and enjoy the wealth.”

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A third person wrote, “He wasted his life practically. Lived like a convict in a jail. At 45 yrs, I don’t think he will have the same energy and conviction to live and enjoy the wealth.”

A fourth user wrote, “Why are y’all so salty? Luxury is very subjective and for him, that’s luxury. If you can’t be happy for him then stfu and stop commenting shit on him.”

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