New Delhi, May 24 -- I asked ChatGPT to calculate the required FIRE number to create a corpus for early retirement at 30 with Rs.25 lakh per annum salary. FIRE is the personal finance concept dubbed as "financial independence, retire early".

I am a 30-year-old engineer based in Delhi with an annual salary of Rs.25 lakh. I live with my wife and our 3-year-old child in a house inherited from my parents, so I do not have any rent or home loan expenses. My household's monthly post-tax income is approximately Rs.2 lakh. Our regular monthly expenses are around Rs.60,000, including groceries, utility bills, and domestic help (excluding major one-time expenses, travel, and future education costs). I currently invest through SIPs in two equity mu...