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2LPM is a good income dude. Have you become full time stock trader ?
Is this return after tax and after providing for inflation on capital? Otherwise, it isn’t passive income. 2 lakhs per month will not be a decent amount after a decade. Just like 50k per month is considered below avg today.
Do you think 2 lakhs a month is enough for a family, even if one doesn’t pay rent? With children’s school and colleges fees, health costs, car, fuel, holidays, eating out etc? Do you manage all this fine? What about 20 years from now?
Can I know where have u invested to earn 2lakhs per month?
OP, are you in a law firm or working independently as a litigating advocate ?
Started out as a litigating advocate, hated every second of it, I'm a first gen. Luckily moved to a law firm, been there for almost a decade. Money is not what I'm searching for anymore.
Pls help me get into Law Firm (general corp) . I am litigating PQE 3. Hating every second of it. Not stable financially and very stressed .
If possible , pls help and reply on mail seriouspen@mail.com
You could move in-house and eventually acquire a management/ other degree part time and switch tracks.
I am 33 years old and applying for MBA with some of the leading B Schools in USA with a view of switching to PE/ Consulting. Never late.
Bump! Want to hear more from people who left the profession or are working part-time
Left corporate after a decade. Joining academia. But PhD entrances are such a nepotistic b!tch. Can't get in a decent university without connections.
I'm third gen litigating lawyer

We do hire juniors for 4000 p.m. and they do all the work for us, while we do enjoy.
I'll work for you for 12 hours per day x 6 days a week... Add another zero and make that 40000 ?
What you quoted - 12 hours per day * 6 days a week - is lesser than how much litigators actually toil. You have underestimated the grunt required.
i have a similar situation, in case anyone has any serious response we can connect.
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