Follow this step-by-step process to retire early than 99% people | Financial Planning
Vložit
- čas přidán 31. 05. 2024
- 👉You can check out Max Life Insurance via this link:
www.maxlifeinsurance.com/term...
____________________
👉My stock LIVE Crash course(only last 50 seats): wisdomhatch.com/courses/stock...
____________________
👉 Join India's biggest Investors community (network and learn): / @akshatzayn
____________________
Retirement Planning is crucial - everyone knows.
But not everyone actually plans for retirement.
Shocking but true :)
In this video I explain how you can begin with retirement planning - and no you don't need to have a fancy income. Watch it till the end to understand holistically.
P.S: NOT AN INVESTMENT ADVICE. Please do your own due diligence.
0:00 Intro
05:35 Sponsor
06:36 Retirement Planning
****
Sign up for my Newsletter ► wisdomhatch.com/newsletter/
Linkedin► / akshatshrivastavainsead
Twitter► / akshat_world
Instagram► / akshat.world
****
Attributions:
Stock videos from Pixabay and Pexels
Logos: Wikipedia Commons
TN editor: Ayushman Khare
👉My stock LIVE Crash course(only last 50 seats): wisdomhatch.com/courses/stock-market-live-course-crash-course-limited-seats-january-2024/
____________________
👉 Join India's biggest Investors community (network and learn): czcams.com/channels/qW8jxh4tH1Z1sWPbkGWL4g.html
____________________
👉You can check out Max Life Insurance via this link:
www.maxlifeinsurance.com/term-insurance-plans/premium-calculator?&Crore&utmCode=143713685&Akshat_Shrivastava&TermInfluencer&TermInsurance
____________________
How you make this much money
Don't get trapped. His type of people are barred from doing such activities until and unless they fully comply with SEBI mandate and display their license no. with validity, to be renewed every 3 year after clearing SEBI exam. An absolute fraud UP milkman community class.
so how much term insurance amount we should have?
Bro can you say whether quant is reliable than hdfc small cap on long term like 7yrs and above? Just of curiosity, hdfc has lots of other businesses and well known alike quant to my knowledge. Can you reply. Thank you
Akshat sir I m lit bit confused, if the SWP is 4 lakh/month the corpus should bhi 12 crore not 1 crore . Please help anybody.
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes....
@@GiovanniJakob That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well..
@@Abelone-Alvilda My advisor is Victoria Carmen Santaella..
You can look her up online
Nah I Can't say I can relate, Victoria Carmen Santaella charge is one-off and pretty reasonable when compared to what I benefit in returns.....
I really do have a question, for someone with less than $300,000 to invest ahead of retirement, how would you recommend we enter the market? I am looking at studying some traders and copying their strategy rather than investing myself.
Yes true, I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $98k every month so I’ve been sticking to investing via an Advisor.
Exactly, why I stopped taking financial advise from CZcamsrs, because in reality I end up with a collection of confusing stocks. Whereas, all I needed was a real market expert to have made over $650,000 in less than 2 years.
Glad to have stumbled on this comment, Please who is your advisor and how do I get in touch with them? My wife and I have been looking for similar opportunities.
@@Higuannn Sure, the likes of the popular lady Alicia Estela Cabouli does a good job. Just research the name. You’d find necessary details on the web to set up an appointment. She offers free consultations for first timers.
@@hullbruce Thanks, I just googled her name and I'm really impressed with her credentials; I reached out to her and scheduled a call.
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire without any investment. Retirement becomes truly fulfilling when you possess two essential elements: financial resources and a meaningful purpose in life. Make prudent investment choices to secure good returns and ensure a comfortable retirement and that is where Cynthia McClure Alexander comes into place because she knows how to make use of your resources to ensure you have a good retirement and planned life .
How can one make good investments that can pay off after retirement?
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire without any investment. Retirement becomes truly fulfilling when you possess two essential elements: financial resources and a meaningful purpose in life. Make prudent investment choices to secure good returns and ensure a comfortable retirement and that is where Cynthia McClure Alexander comes into place because she knows how to make use of your resources to ensure you have a good retirement and planned life .
We have been on a recession since the beginning of 2022, but big media and governments all over the world didn’t want to admit it. We need to be wise and use our brains. Knowledge is power and I’d like all the family to be powerful! Just purchased some LVRCH CAPITAL Thanks for keeping us informed during this times of doubt?
Retirement becomes truly fulfilling when you possess two essential elements: ample financial resources and a meaningful purpose in life. Make prudent investment choices to secure good returns and ensure a comfortable retirement.
Thank you for your inquiry. Could you provide guidance on the current optimal investment options? I am contemplating investing in either stocks or cryptocurrencies..
One crucial aspect of earning profits from stocks is to avoid being frightened and selling them prematurely. It is vital to understand that stocks should not be treated as mere lottery tickets. Consider acquiring the assistance of a financial advisor to navigate your investments.
In my opinion, now is an opportune moment to consider investing in private equity and cryptocurrencies. Could you provide some guidance or advice on these investment options?
At present, I am collaborating with STEPHANIE KOPP MEEKS, a financial specialist whom I had the opportunity to meet during a seminar.
I recently had the pleasure of watching STEPHANIE KOPP MEEKS on television, and I must say she is an exceptional speaker. However, I'm curious to know if you have experienced any financial gains while working with her?
Most Americans find it hard to retire comfortably amid economy downtrend. Some have close to nothing going into retirement, my question is, will you pay off mortgage as a near-retiree, or spread money for cashflow, to afford lifestyle after retirement?
as most investing-related questions, the answer is, it depends.. my best suggestion is to consider advisory management
Agreed, the role of advisors can only be overlooked, but not denied. I remember in early 2020, during covid-outbreak, my portfolio worth around 300k took a slight fall, apparently due to the pandemic crash, at once I consulted an advisor in order to avoid panic-selling. As of today, my account has yielded big fat yields, and leverages on 7-figure, only cos I delegate my excesses right.
Could you kindly elaborate on the advisor's background and qualifications?
My advisor is “Vivian Carol Gioia” highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thanks for sharing this. I did my own little research, and your advisor looks advanced and experienced. I wrote her and scheduled a phone call.
I feel that the last bull run was bolstered by all the money being printed. Major returns next bull run but I think they will be tamer in my humble opinion. A 10x on LVRCH CAPITAL and a 15x on polygon are fair considering how much those two coins are interwov
I began investing at the age of 34, primarily utilizing my hard work and dedication. Now at the age of 42, I am delighted to share that my passive income exceeded $100k for the first time in a single month. This advice is truly valuable, so don't hesitate to take action. Remember, it's not about achieving wealth quickly, but rather about building wealth consistently and persistently.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this, are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $508k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choi
I've actually been thinking of reaching a portfolio-adviser, my 401k and stocks been losing everything it's gained since 2019, mind if I looked-up this one coach you use?
The adviser I'm in touch with is *CAROLINA MELINA PHERSON* she works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me she strategy works hence my result. She provides entry and exit point for the securities I focus on.
Thanks, I just googled more about her, I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
Can't deny the fact that LVRCH CAPITAL is the strongest bet to bring power back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail it's done for good, but I don't see that the biggest tech company in the world would put everything at risk just for that.
I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals?
It's crucial to have a well-thought-out strategy and not make impulsive moves based on short-term market fluctuations. Patience and a long-term perspective are key. You should consider a market expert to guide you.
I'm in line with having an advisor oversee my day-to-day investing cos, my job doesn't permit me the time to analyze stocks myself. Thankfully, my portfolio has just 5X in barely 5 years, summing up nearly $1m after subsequent investments to date.
I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.
NATALIE ANN BRINKMAN is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.
Very good video. It is very practical - 4% funda is good. I seen that many pensioner are having good life in 50K but its because they live in tier2. Metro is never for retirement unless you have 5 crore+. Rental yield 6-8% is nearly impossible unless you are financial expert.
There are other ways to save - top 5 pointers.
1. If you are talented, prefer Work from home job. Live with your parents - Life will give you fulfillment and you will save 40-50K additionally easy.
2. Marry to earning spouse - it will be double your chances to retire early.
3. Consistency is the key - Most of us do mistake of not being consistent.
4. Also if you want to retire with less amount you can if you are earning passive money or relaxed active income. For example I am techy but I am also certified career counselor. Tomorrow I can spend 1-2 hours and do career counseling to generate 30-40K even in tier 2 city.
5. Multiple income sources is a must - relying on job itself is bad as income tax will eat your majority of saving.
For those on the brink of retirement and uncertain about where to invest their funds for a secure future, the stock market can be a viable option, but navigating the vast array of stocks requires careful consideration. It's crucial to make informed decisions to safeguard your financial well-being during your retirement years.
how do i start investing in stocks. I would like to retire soon and to do that i must invest aggressively especially during this recession, So my question is where do i put my money
Consider well-established stocks like Apple (AAPL), Microsoft (MSFT), and Johnson & Johnson (JNJ) for stability and potential growth. However, delving into the stock market can be complex, and this is where the guidance of a seasoned financial advisor becomes invaluable. A professional can help you tailor your investment strategy to align with your retirement goals and risk tolerance.
I can personally attest to the benefits of having a financial advisor. My portfolio has flourished under their guidance, and the inclusion of diverse assets has provided a robust foundation for my retirement plans. Having a trusted advisor allows for a tailored approach, ensuring that investments align with long-term objectives.
Please who is this person? I'm a firm believer that a reliable advisor can make all the difference in navigating the complexities of the stock market and securing a prosperous retirement.
Her name is Emily Lois Parker. She’s the best FA and she’s also SEC verified. Look her up to reach her
As a soon retiree, keeping my 401k on course after a rocky 2022 is top priority. I have been reading of lnvestors making up to 250k ROI in this current crashing market, any recommendations to scale up my ROI before retirement will be highly appreciated
it's been a brisk tailwind for lnvestors in US stocks over the decades but it's a delicate season now, hence i advice you the guidance of a financiaI advisor
Having an lnvestment advser is the best way to go about the market right now, especially for near retirees, I've been in touch with a coach for awhile now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I nettd over $220K so far, that made it clear there's more to the market that we avg joes don't know.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
My advisor is .LEILA SIMOES PINTO. You can easily look her up, she has years of financial market experience.
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
This should be mandatory viewing for all ages in India. Thanks Akshat.
I've come to realize that money is a tool. I’ve worked so hard over the years to realize that if you don’t make money work for you, you can’t experience true freedom. I’m glad I found that out although it was later in life, but that marked the turning point in my finances. I’m 42 now, so I’m having a late start at fixing my finances…but better late than never
My strategy is to put half my income into the stock market at the start of every month regardless of what is happening. The second part of my strategy is not to sell for at least 15-20 years. Time in the market beats timing the market.
Its never too late. Napoleon said in think and grow rich, most people get successful in their 40s.
Retirement does not mean that you hang up your boots and do nothing. In the modern day retirement means getting rid of the regular grind and doing what you are passionate about and having more time for yourself. What you do with that time is your call, you can write a book, build a small business become an educator. Today retirement does not mean stopping all work. Many people who are retiring early are just using their time now to lead a slow life, follow a passion and most importantly become owners of their time.
Thanks for clearing up the retirement state. There is an important step before that state which is financial independence. That should be a goal for everyone. After that work is optional which can be called retirement.
Is Akshat still holding Asian Paints and Indigo Paints
Hi Akshat ! It would be wonderful if you could make a separate video creating awareness regarding the taxation on these instruments. 😊
It is clear that you made 90% of retirement money from your CZcams subscription plan (159×20,000+ ~=32 lakhs per month)🌚🙂😌😂
Inflation has a greater impact on people's cost of living than a crashing stock or housing market,
resulting in an immediate and tangible effect. This explains the current high level of negative market
sentiment, and our need for assistance in surviving this challenging economy. The financial markets have
underperformed due to fears of inflation, causing stock and bond prices to plummet. Despite sounding basic,
consulting a financial advisor has enabled me to outperform the market and achieve a profit of $850,000
since June 2022, making it the ideal approach to enter the financial markets today.
Since the onset of the COVID-19 pandemic, constructing a solid financial portfolio has
become increasingly intricate. Therefore, I strongly advise anyone facing difficulties to
consider seeking professional assistance. By doing so, you can access tailored strategies that
specifically cater to your individual long-term goals and financial aspirations.
who is your pro ? do you mind sharing me with this pro ?
The financial advisor I work with is *STEPHANIE KOPP MEEKS* . I discovered her during a CNBC interview and contacted her thereafter. She has been guiding me by providing entry and exit points for the specific securities I focus on. If you're interested, you can search for her online to learn more about her
expertise. I have been following her market strategies and have had no regrets thus far.
After conducting an online search, I came across *STEPHANIE KOPP MEEKS* and thoroughly examined her credentials. It appears that she possesses considerable expertise in the field.
Consequently, I reached out to her, providing a comprehensive description of my financial market objectives.
I salute the Work you are doing, Perhaps did the same maths for myself for my retirement planning but got more confidence after watching this video, Respect
Very informative.. I am 35 years old, and started learning to save and invest during the lockdown. I used to earn just over 1 lakh a month with an IT job, but my expenses have always been on the lower side. I had to pay off around 45 lakhs of bad debt over 8 years, that my father incurred as losses in business. There was a time in 2017 when for almost 6 months, the EMI was more than my salary, and I used to take up part-time photography assignments to cover the expenses. I left my job in August last year, paying off all the loans, and with enough money saved up to survive at least 1-1.5 years. I am a full-time photographer now. I am making less than half of what I did back then. But it covers my expenses, and I've started saving up as well. I did not earn anything for 3 months since I left my job, but was able to live off my savings easily. But the monthly earning is increasing a little each month. Videos like this one have helped me a lot to plan my finances without a constant monthly income.
mate can you not pursue this as a side hobby? with the way inflation is rising, if you have paid off all the debt and can get the stability of a regular paying decent IT job it will help you build a sizeable corpus for the future.... look at photography as a post retirement career perhaps? just saying....
@@jimbokraut640 I tried doing that for a while, but clients don't take part-timers seriously. Plus, getting days off for shoots on weekdays was difficult with a job.
Now, I am already getting decent work, and the pay is getting better compared to what I started off with. I am able to collaborate with other photographers too. The corpus that you talk about will definitely take longer this way, but I know I'll be happier doing this rather than the IT job.
Claim Settlement Ratio is NOT Claim Processsing Ratio. It is the percentage of claims that are settled i.e. No. of claims Settled/No. of claims Received. Claims Processing Ratio includes even claims that are rejected. Hence, please avoid misleading/misguiding..
3:01 No Ankur Warikoo was harmed while making this video
Akshat very useful and eye opening video. You really take pains to gather information of the subject. Very transparent presentation.
I am already a senior citizen and as per your advice we are investing in shares in both markets India and US. We request you to make a special video for investors like us. Your guidance will help us to invest our funds more wisely.
One of the best video on Retire early Finance planning. Thanks man❤
Thank you for this practical knowledge... My fundamental thoughts are aligned with this... I will rectify the areas to double down my actions😊😊😊
HI AKSHAT ,
AT 13:30 , YOU mentioned if we need 4 lakhs as SWP every month , then our corpus should be 1cr but it has to be around 10cr if we need 4lakhs as SWP every month and it would be 1cr if we need 4lakhs as SWP every year .
Very few people noticed it.. 😅
I was looking for such a comment. I was confident I didn't have to raise that issue
I was about to type. Monthly kharcha aur Yearly returns, I think akshat should change his content writer
11:30 he states annual expense is 4L, unfortunately it gets mixed up later, but its the concept he's talking about
@@jimbokraut640 ok but let say you have 1 crore invested and it give you 10% return and your expenses annually is 4 lakh and 6 lakhs goes to inflation. How will you multiple that 1 crores? You'll keep on eating all the profit??
You are awesome, very glad to be a part of this community.
The claim settlement ratio (CSR) is the percentage of total claims that an insurance company settles in a year out of the total claims received. It serves as a gauge of their trustworthiness. The higher the ratio, the more dependable the insurance provider is, in general.
Excellent video Akshathji
woow really liked the concept of weighted average portfolio, being a finance student this video is real gem
This is a great video I really appreciate the dedication in each video you post, I learn a lot watching your videos and it has always been helpful to me. Building a steady income is quite difficult for newbies.. Thanks to LVRCH CAPITAL for improving my portfolio. keep up with the good videos.
In minute 13 you talk about expenses of 4 L a month. Wondering you were taking about 4 L per annum. 4 L / M will be 48 L a year. How will 1 Cr. Generate 48 L. Please clarify and correct the video accordingly.
I have realised that my 7 year old kid is watching your videos, please let me how can i help him to be the best
At least this video encouraged me to think about my early retirement plan with financial freedom....Thanks a lot for creating content on such a great topic.
Sir , I request you, we are Indian and most of viewers doesn't understand in English. Even me.
So, I request you prepare in Hindi language or Hinglish . So that we can understand very well. 😊
Akshat your way of explanation is very nice . Thanks Bro❤
As always amazing analysis and explanation. Thanks, Akshit ✌️
Perfectly Said Akshath, very eager to.learn from you in each of your videos and making us understand about financial planning and investment...
Are u a kid deleting my comment…..it was a healthy one ….and still u have problem….so it clearly shows sir the kind of confidence u have in ur self
Sir land k benefit yeh hai k es me women ka indirect role bhi rehta hai and secondly you don’t have to buy anything which is your basic need from the market.
iska yeh matlab nahi k agriculture koi bhut profitable sector hai but aap apni basic needs ko limited rakh lete ho and you do not spend on pizza burgers. Baki thoda bhut price appreciation rehta hi hai
Very valuable narrative and valuable advice about retirement
Good video; extremely helpful for beginners. But, one point to be made clear: while calculating current expenses, use the pre-tax amount because you will have to pay tax on the 4% drawdown (either capital gains tax or tax on dividends).
I request you to make a video that educates mutual fund, insurance selling agents as there are millions who survive on .5% who also have family and children. If your point is to mathematically maximize the roi, it's like having milk in a female dog that is useful only for it's puppies.
thanks Akshat for this lovely platform of knowledge sharing
Life is full of uncertainties. Very simplicit approach.
Manage & minimise risk.
95% on Indian esrn 10k-15k pm
One of the best videos ever,Sir🙏
Dear Akshat, request you to bring more videos on Real Estate investing. This market highly opaque and manipulated, and brokers/ builders keep the affairs hush hush, in that normal persons never get to know. Please help us with it.
very informative. Thanks.
Currently, I am saving 59% of my monthly income 😃
I started working at 38 after a 12 year career break ...2 years later I got divorced, 2 pre teen kids to bring up. Saving upward of 50% of my income and prepayment of home loans helped me ... Spending money is my last option when I run out of ideas!!!
Wonderful & Useful information video 📸
Thanks for the sensible advice
Hello Akshat,
Thank you for such a valuable feedback.
The question which I have is that could you please make a retirement planning video for a person living in Europe where education until Masters or doctoral is FREE. Also you start getting PENSION from age of 67.
Hi Akshat, I’ve been watching your videos for a long time, and I find you extremely genuine 😊 wanted to compliment all the work that you put in making such videos ..thanks again
Please, in this swp rule factor in the taxes as well which can throw a spanner in the calcs and by the way growing wealth by 10% per year after tax isn't easy. Rest, thanks for sharing Akshat
Wonderful video 😊 it's help me a lot
After watching your videos for the last 1.5 years, the first time I liked the video 😆
it would be nice to get a calculator too :D thanks for this video
Superb details
Very practical
1 Cr corpus pe 4% withdrawal corpus 4L hota h ANNUALLY. Akshat said he is even managing with 2L but that’s MONTHLY expense (explained by him later on). With your LOW expense lifestyle also one needs to have atleast 6Cr corpus and that too preferably liquid asset. Correct me if I am wrong
Akshat can u come up with a video on Health insurance and how much we need to have a coverage for non senior and senior citizens.
Nice information and analysis Sir.
Alright now do other type of videos too....like how to start different types of businesses and the investment required etc....types like trucks transport (s,m,l) or dealership or manufacturing businesses
Fom scratch
U can go from how to start with minimum investment to larger investment...and the best way to run it
Hi Akshat, your videos have made a huge difference to my mindset. Thanks for that. Can you please share some thoughts on whether your have used an LLP, sole proprietorship etc for your commercial real estate ventures. Thanks in advance
I started investing 5 years back in SIP and also in stocks from last year. It’s yielding what I am planning ie early retirement.
And I drive a Nexon too 😊
Very good video
Because I am going to retire on 07/2026
Now I understood how SWP of 4% works. Currently I earn around 24% yearly from investment in stocks through my frd. I will soon start swp on my own...
One simple advice above what has been discussed here...100 baat ki ek baat. Just invest your money in hdfcbank and icicibank. Everytime u feel its in red, buy these stocks as per your budget and as per your ability. No need of mutual funds or SIP. They are top weightage stocks on nifty 50 and bank nifty. Don't trust me the open any mutual fund portfolio and check top 2-3 weightage stocks for any bluechip mutual fund. Don't worry about anything else. If Index has to go up, it will go only if these 2 stocks go up. Easily gain 50-60% per year. Apply stochastics indicator on daily time frame. Everytime it goes below 20, buy.
Your flexibility is your choice sir.. Sabko gyan baatne ki kya jarurat, agar kisi ko accha gaadi chalane mei maza aata hai, accha jeevan ka jeene mei maza aatha toh kya galat hai...
Hey Akshat, you are a true gem on CZcams. Keep educating & guiding us. More power to you🎉🎉🎉
Very interesting concept and explained in very simplistic manner 👌👍👏. Great job kudos❤!
Is Akshat still holding Asian Paints and Indigo Paints
Beautiful video ❤
Informative ❤ vedio
thanks for keep educating us
Is Akshat still holding Asian Paints and Indigo Paints
Hello Akshat, I follow you and Ankur warikoo. My request is kindly make video in Hindi. Expect me my family members don't understand. Please simplify.
Akshat you have realised power of real estate so listen me very carefully there is same asset class which can give you extraordinary returns (24%) guaranteed byaj pe paisa dena do your own due diligence about it and give paisa on byaj you will sell of whole your portfolio
Superficial maths. 4L per month= 48 L per annum. Remake the video.
No i got the same doubt watching at 2× speed ki ye kya bol raha h 4L monthly expenses portfolio growth is 10% annually. So i re-watched it again at normal speed, he has done cal acc to 4L expenditure per annum. Re-watch the video
MFs volatility can be tolerable but individual stocks can be more volatile.
Very good 👍 video thank you Akshat bro
24 lpa expenses is 5% of ur income ...So you must be making 4.8 Cr + each year... Awesome!!
you counted swp with 10% yearly return but saying expense as monthly 4L monthly just a correction... :)
Thank You
thanks a lot 🙏🙏🙏
Everyone should work on financial independence. After that work is optional which can be called retirement. Everyone has to retire and for that one need enough money which is done by financial independence.
Brilliant video
The maths for retirement you gave works with 12 cr not 1 cr - as if the person is withdrawing 4 lakh per month them it’s 48 lakh per year and 4% of 12 cr is 48 lakh
Man now you are just repeating the content, just for the sake of making a video.
This same content is available on your channel in at least 2 more videos.
The quality is definitely deteriorating now. Sad.
Is Akshat still holding Asian Paints and Indigo Paints
Invested heavily in Tata Motors, Tata Power. TATA investement, Tata chemicals and Tejas
Hey Akshat please revisit your retirement calculations.. you will see a gap there. Mixed up between month and year.
When 4 lacs per month for monthly expenses including unexpected expenses, 1 Crore would given per year 4% so practically only one twelfths of this would be available from the corpus of 1 crore. There is some mixing up of per month and per year expenses or income from funds. Please look into the same.
Hey!
Please can you speak about the CA course?
the course, curriculum, future, job prospectus and so on... Thanks
Pursue CA if you can sacrifice everything and stay dedicated on your studies. Else you won't realize how your age pass by..
Akshat I think you have covered REIT's in detail earlier but still what little I did invest in the 3 REIT's in the market have borne bafflingly low returns, earlier WTC was good option but now its not a long term option are there other alternatives in a similar flavor?
Askhat Sir, lot of repect for many things few observations. 1) long videos ( 24 min ) 2) repetative information , 3) compulsion on your part to roll out more videos of similar nature. 4) F.I.R.E concept so prevelant in the retirement used all over , it wasnt explained or touched. which is monthly opex * 12 * 30 = SWP.
Hello Akshat, I have seen your video on migrating from Tier1 to other lower tier cities and it is relatable.
Could you please explain Pros & Cons from Kids point of view, especially from their quality education in Tier1 schools/ community living in big societies/ diverse culture.. this is something holding me back..
Appreciate your thoughts!
Best regards
No Ankur Wariko was harmed in this video
Is Akshat still holding Asian Paints and Indigo Paints
😂
Great job bro..
Please advice me on the right way to invest in SnP500