# Bengaluru engineer says Rs 50 lakh salary not enough to be rich

2026-08-09T08:51:17+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Bengaluru software engineer Anmol Aggarwal has gone viral on Instagram with a video claiming that an annual salary of Rs 50 lakh is insufficient to build wealth in the city. After tax and EPF deductions on a full base pay of Rs 50 lakh, he calculates the take-home amount at around Rs 35 lakh annually or Rs 3 lakh per month. He says rent for a 2BHK flat ranges from Rs 60,000 to Rs 70,000, and adding maid, cook, groceries, gym, shopping, travel and car EMI can push monthly expenses to Rs 1.7-1.8 lakh, leaving little for investment. Aggarwal also notes that a house worth Rs 3 crore today may double to Rs 6-7 crore in future, making home buying tough even for high earners. He suggests remote jobs from tier-3 cities or starting a business as alternatives. Social media reactions are mixed, with some agreeing on rising costs and others recommending overseas jobs. Aaj Tak reports that Aggarwal calls the math provisional, assuming stable employment without layoffs or AI disruption.

## Coverage

- aajtak.in <https://www.aajtak.in/trending/story/bengaluru-techie-says-50-lakh-salary-is-not-enough-to-get-rich-tstf-dskc-2618456-2026-08-09?utm_source=rss>

Tags: Anmol Aggarwal, Bengaluru cost of living, metropolitan expenses, software engineer salary, wealth building
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