- Seeks advice as he reveals his savings; ‘I’m worried…’
- After two decades in IT, the NRI fears AI-driven job losses, visa issues, and ageism could force an early retirement
A 49-year-old software engineer, who has spent over 20 years working in the IT industry across India and the US, has expressed his concerns about job security and aging in the fast-evolving tech world. The NRI, who is now contemplating returning to India, shared his worries about artificial intelligence (AI) automation, visa challenges, and ageism affecting his career stability, reported hindustantimes.com.
‘I’m worried that because of AI, visa issues, and ageism, I will be forced to retire soon,’ says the tech worker seeking community advice
In a social media post, the professional revealed his growing anxiety over AI replacing human roles and the difficulty older employees face in retaining jobs in an increasingly competitive environment. He added that these issues have made him question whether he can sustain himself financially if forced into early retirement.
The NRI detailed his current savings: ₹1.6 crore in Indian mutual funds, $430,000 in US mutual funds, $290,000 in a 401(k) account, and $50,000 in US stocks. Despite these assets, he fears that renting a house upon his return to India could strain his finances.
The software engineer sought advice from others on whether his combined Indian and US investments would be sufficient for a comfortable post-retirement life in India. He said he plans to return in the coming years but remains uncertain about managing expenses in a changing economy.
His post drew widespread responses online, with users discussing ageism and the impact of AI on employment. One user commented, “I believe the US has lesser impact of ageism than India as there are laws against it. Unless you plan to retire in India, opportunities might still be better here.”
Another user wrote, “Finding a job at 50 is tough both in India and the US. Long commutes and workplace politics exist everywhere — maybe just in different forms.”
