This post is going viral very fast on Reddit. It shares the story of a man who quietly built a property worth ₹4.7 crore. He created this wealth by the age of 45 and then retired. The surprising part is that he did not have a high-paying job and never did any side business.
A Reddit user named CAGRGuy shared this post. He wrote that his uncle had built property worth ₹4.7 crore by the time he turned 45. His lifestyle was very simple. He had been living in the same 2BHK flat for 30 years. He used a scooter and hardly went on vacations. He never started a business, never invested in the stock market, and never showed off his money. His only income came from a stable, regular job.
How Did He Save So Much Money?
The post says that he liked saving and investing. In 1998, he started putting ₹10,000 in a mutual fund. Later, he started a SIP of ₹500. SIP means a small amount of money is taken from your bank account every month and put into a mutual fund.
When his salary went up, he also increased his SIP amount. First ₹1,000, then ₹2,000, and later ₹5,000 every month.
What Happened When He Retired?
The Reddit user wrote, “When he retired at 45, I asked him how he saved so much.”
He gave his passbook and a printout from CAMS. CAMS is a company that keeps records of mutual fund money. His total wealth was ₹4.7 crore.
Post Became Viral
This post got more than 9,000 likes on Reddit. Many people also wrote comments on it.
What People Said
Some people said he had good habits and planned for the future. They said his story shows that small steps can give big results.
But some others said that he saved money, but maybe he did not enjoy his younger years fully.