Get to Know a Guy Who Graduated from IIT Bombay, Quit His Well-Paying Job, and Retired at 29 Because of…

In a world where retirement often seems like a distant dream, one individual stands out as a true inspiration. Meet Daniel George, an alumnus of the prestigious Indian Institute of Technology Bombay (IIT Bombay), who managed to retire at the young age of 29. Despite the allure of a high-paying job at Google, Daniel’s determination, financial foresight, and unwavering commitment to his goals allowed him to pave his own path towards early retirement. Join us as we delve into the incredible journey of this exceptional individual.

The Genesis of Success

IIT Bombay
Daniel George

Daniel George’s journey began at IIT Bombay, where he earned a bachelor’s degree in engineering physics in 2015. Armed with a solid educational foundation, he set out to carve a successful career for himself. In 2018, Daniel secured a job at the renowned tech giant, Google X, which offered him an annual salary package of $265,000. Working within an opulent environment boasting numerous amenities, it seemed that Daniel had it all. However, he had a unique vision for his future that involved achieving financial independence at an unprecedented age.

Financial Foresight and Savings Strategy

Realizing the importance of financial literacy, Daniel delved into the world of finances and taxes, which opened his eyes to the substantial amount of money he was paying in taxes – nearly 50% of his income. This realization triggered a paradigm shift in Daniel’s mindset, leading him to meticulously plan for his retirement by investing and saving diligently.

Living Modestly, Investing Wisely

Unlike many who succumb to the trappings of a high income, Daniel remained resolute in his financial discipline. Despite earning a substantial salary, he limited his expenses to less than 10% of his earnings. He adopted a frugal lifestyle by walking or biking to work, sharing an apartment to reduce rent expenses, and availing himself of the complimentary meals at Google. Instead of giving in to luxuries such as expensive cars and lavish homes, Daniel focused on investing the majority of his income to ensure his money could grow and compound over time.


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Maximizing Retirement Accounts

Recognizing the importance of tax-advantaged accounts, Daniel made impressive annual contributions of over $75,000. These investments were designed not only to optimize his retirement accounts but also to minimize his tax liability. By allocating a significant portion of his earnings to retirement savings, Daniel ensured a secure financial future for himself.

Reaping the Rewards

Daniel’s dedication to financial planning and his unwavering commitment to investing began to bear fruit. In 2020, JP Morgan offered him a compelling opportunity to lead applied AI projects, effectively doubling his compensation. While his net worth continued to grow, Daniel never wavered from his modest lifestyle choices. At the tender age of 27, he achieved the remarkable milestone of saving his first million dollars. This monumental achievement positioned him for a future of financial freedom.

Enabling Entrepreneurial Pursuits

In August 2023, Daniel took a leap of faith and departed JP Morgan to co-found his own startup, ThirdEar AI. As a testament to his financial stability and passive income from investments, Daniel now possesses the confidence to take on entrepreneurial risks. The early investments he made provided him with the freedom to pursue his passions without the burden of earning a salary. As he eloquently puts it, “Now that I never need to worry about earning a salary, I can afford to risk starting my own company.” Daniel envisions a future where all his investments generate enough passive income to support his family’s needs, allowing him to focus on what truly matters.


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Daniel George’s journey from graduating from IIT Bombay to retiring at the age of 29 serves as an enduring testament to the power of financial foresight, discipline, and long-term planning. By consistently saving and investing a substantial portion of his income, Daniel defied societal norms and achieved financial freedom at an exceptionally young age. His determination to create a fulfilling life on his own terms, unburdened by financial worries, serves as an inspiration to individuals seeking a path toward early retirement. As we celebrate Daniel’s remarkable success story, it is a reminder that achieving financial independence is within reach for those who dare to dream big and work diligently towards their goals.

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