India, July 2 -- A fixed salary, no inheritance and no business - that's how Vivek Waman describes the foundation of his wealth. After spending 24 years in the information technology industry, the former Wipro and PwC employee retired at the age of 47 after realising he had already achieved financial freedom.

Waman recently appeared on the 1% Club's podcast, where he revealed to host Shreya Hegde that he had accumulated a family net worth of Rs.15 crore by 2021 - far more than the Rs.10 crore he believed he needed to retire. Today, that figure has grown to more than Rs.20 crore, despite market volatility.

Waman introduced himself on the podcast by saying: "I spent about 24 years in the corporate world, mostly in information technology a...