Asking Him How He Retired Early With 12 Crores
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- čas přidán 15. 05. 2023
- Discover the story of Ravi Handa, who retired early at 38 with 12 crores. Join us for insights on personal finance, early retirement, and life after retirement. Uncover Ravi's secrets to financial success & much more.
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Ravi Handa: / ravihanda - Zábava
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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
@Kirsten-Marianne 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....
This man is so wholesome. He has so much clarity in life and probably that's why success found him ❤
First direct question, whats your current networth
12 cr. If anyone was able to generate 10 % post tax. 1 cr per year. Even after taxes,it's insane amount of money for most Indians. Congrats on early retirement. Thanks wint wealth
You have to include inflation too. He won’t be able to enjoy the entire 10% every year. He needs to protect the 12 crores and utilise only 3.3% every year so that the money keeps growing with inflation assuming 7%.
*For most people in the world, it's more than 1 million USD.
@Dk Yes, the corpus of 12 crores has to keep increasing with inflation every year. He can’t spend all the 10% of it every year.
First of all 12 crores and then 10% every year , both seems to be out of reach !
@Dk I thought same. He was thinking whether he should buy an apple watch or not. Even after having more than million dollars.8 cr plus. If he continue bit frugal and maintain decent lifestyle. His money will last longer than him.....Ppl are overestimating.
“Clarity” is what this man possesses. That is a highly underrated feeling to posses. Doesn’t even blink an eye to tell what and why he has done and even explains it elaborately. This was a much needed video!
Yes.. He has great clarity of thought.. No wonder.. He is from IIT, i feel IITians should not waste their talent by sitting idle
I on the other hand believe he’s a legend as he is doing what his heart wants to do!
Not commenting on the gentleman in the video but generally one shouldn't retire for "not doing anything" but for "productively doing what you like". The point he made about he impact on social status is very relevant. Social status remains only if one is living a productive life.
@@django9494to kaunsa IITians ne Apple Google Microsoft Facebook Amazon IBM Fujitsu Mercedes Toyota Panasonic banadi
IITians are good talented slaves at higher packages to discuss in their Circle to get married
But no IITian can proudly say I made Google Microsoft or written their source code
sundai pichai can say i was CEO of Google but not the founder of that great idea
IITians ne jo companies banayi hain woh time se pehle ghaple karke bhaag leti
Indian ho ya IITians
Indians must learn to be honest
Absolutely
I respect him for his honesty. He clearly admitted that early retirement is not the best solution for your carrier related problems and can lead to few other problems as well.
When there is no problem whats the meaning of life
Career .. please
Petition to get the guest to make his own CZcams channel. !
He has a channel: www.youtube.com/@desifirepodcast
petition to sue wint wealth for plagiarism
@@WintWealthYT thanks wint wealth
This is my fifth year after retirement. I’ve been following the 4% rule thing, but this isn’t really how hard I expected things to be. I still have about $460k to invest in stocks. Pls how do I take advantage of the market turnaround?
@@AlexanderWebber How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
@@AlexanderWebber Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds.
Fake responses...I am seeing these spam responses every video
What an amazing guy! Honest breakdown of the decisions he has made - a rare thing these days. Zero fluff, only clarity and substance.
His view point on retiring early is so authentic. Nice interview.
Kudos to the interviewer to not interrupt anywhere, ask sensible questions and keeping it so simple unlike others! 🙌
🤝
The most clear, insightful and honest video I have seen on CZcams.
THIS was one of THE MOST eye opening talks I have watched in a long long time.Ravi Handa was so genuine, sincere, and very realistic with so much CLARITY.
May God bless this man with even more abundance, peace, and fulfillment from life. Amazed by his honesty ❤️
The candor in this interview was refreshing. A pleasant surprise to see someone open up about their net worth and share actual numbers instead of talking in platitudes.
High prices for everything have severely affected my plan. I'm concerned if people who went through the 2008 financial crisis had an easier time than I am having now. The stock market is worrying me as my income has decreased, and I fear I won't have enough savings for retirement since I can't contribute as much as before.
It's recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 20% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of investing in the stock market and potentially grow your retirement savings over time.
Considering the increased complexity since the 2008 crash and COVID, I suggest diversifying your financial portfolio. I hired an advisor and successfully grew my portfolio by over $150K during this turbulent market using defensive strategies that protect and profit from market fluctuations.
@@KarlGrabe955 That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?
My financial advisor is “Vivian Carol Gioia” I found her on an interview where she was featured Afterwards I reached out to her on her webpage. she has since then provided me with entry and exit points in securities I focus on.
I just looked her up on the internet and found her webpage with her credentials. I wrote her outlining my financial objectives and planned a call with her.
The social deprivation point is absolutely valid, seen this first hand myself (moved jobs, earned more but didn't have a manager title). Thanks for the honest and candid discussion.
Very admirable honesty from both of them! Thank you for doing this interview and sharing it
Bhai sach mein bata rha hoon itni straight forward video , maine poore youtube pe nhin dekhi, mtlb video starting mein hi seedhe point pe aa gye tum that's the thing audience want , seedhi baat no bakwas
I thought this just like other interviews where he boasts about himself and his business etc but he is genuine, happy soul with a great clarity.
Handa sahab.. mazza aa gaya aap ki baatein sunkar... very intelligent advise, early retirement is not the solution, financial independence is
This interview is gold. Not the 12 crore part, but the perception this man possesses !
The questions were really good - very simple, to the point and very useful. Great episode!
We are on the same path. Today I am 55 , and I retired 13 years ago at the age of 42. And I am really enjoying my freedom and emptiness.
Invest czcams.com/video/kJQcDYB5hxQ/video.htmlsi=JnV_umt6y7LO7Sfq
Am also willing to achieve financial freedom but not daring
One of the most insightful videos I ever watched.
Such an eye opener. Amazing thought clarity and it was almost like a big brother giving a lesson for life.
Very straight forward questions and intelligent answers too. Love the last section of questions especially
very level headed and pragmatic conversation, loved it!!
The best interview I had ever seen. Thanks to Wint Wealth for finding out such a veterans who had a lot of experience and knowledge.
Glad you enjoyed it!
most honest interview i heard from this channel , he is good
What an excellent interview, the best part is the last few minutes, Amazing
Love the to-the-point answers. Thanks for the insights team.
He is very frank with his financials.
Appreciate it
Most of early retirement guys I have seen (only on CZcams) , have some how stumbled upon a jackpot. Handa sir himself explains how he would be living if he was in Bangalore, but Unacedmy acquired his company which payed him awesome liquid cash which inturn opened this retirement pathways. Same goes with Other guys like Sharan who craacked CZcams and earned tons of money in short span of time. You will not find a 9-5 guy no matter how much senior he is (earniing crores) is retired. It only happens when you make tons n tons of money in astonishingly short span of time which then allows you to not work at all!!!!
Exactly sharan chose starting his own venture over Columbia MBA, I believe generating alot of wealth in short span of time instills a certain confidence and then that person just sees money as the other commodity
@@vaibhavpatil7767 exactly with windfall gains anyone can retire. Some are just plain lucky. I am not saying they did not work hard but these cases are rare.
How much Unacedmy gave him while acquiring, any idea ?
@@nischalmehta5234 , 3.75 lakhs
@@ramalingamsadasivan2835 well said
I'm 39 and nowhere as wealthy as this guy but I have made certain changes which lets me lead a semi retired life. I was frustrated to my core while working in Accenture and I couldn't quit due to a home loan. Put down my papers at 2pm and I was offered a role in UK at 6pm. The 3 years I slogged before that, was not rewarded at all. Went to the UK and saved enough to repay my home loan in one year's time. I was offered my manager's role there as he was being moved to another account but I refused. I could've made a ton of money but I didn't want to be in IT anymore. Came back to India quit at 32. Next 6 months I didn't do anything, at all. I always wanted to do something in photography so took up wedding photography. Unfortunately, didn't work out as well as I had planned. QUit doing weddings and now do corporate photography and street photography which I enjoy. I am an avid travel enthusiast, so I travel solo a lot. Then realised I needed money. SO negotiated a deal with a company that I will work on contract basis and wont be an employee. I now get paid quite well for maybe a week's worth of work. I can get a regular job and get paid double but what will I do with that money when I wont have the time to spend. So now I spend my time with my IT consulting which doesn't take a lot of time, photography, travelling, motorcycle content on youtube.
I still drive my 2010 Swift as there is no need for an upgrade. Do I want a bigger car? Yes. Do I need it? No. I have a flat which is paid for, few plots, and decent earnings. Only big expense I see in the next few years is a possible purchase of a bigger expensive motorcycle. Apart from that I lead a very contented life.
Do you have a family and kids?
@TheRyukDG no and I have chosen it that way. But if I had I'd still be doing OK as I don't spend on things which are out of my means and/or unnecessary.
Well, answers how things were easy from a decision making point of view, right? Most common middle aged men are swept in the whirlpool of obligations that come with a wife and kids thereon. Every single decision is driven by its impact on those attached to you. Good on you for being clear with what is more important to you.
You're following your passion, which is really respectable sir.
I am inspired sir..... Xan we connect on Instagram or LinkedIn..????
One of the best real interview i have seen..so much to learn in this short episode.
Great content. Appreciate your effort. Thank you!
I love Ravi, he's such a down to earth person. I am in a quizzing group with him, and he also seems to know a lot of general and business trivia. Handa ka Funda was also a lifesaver during MBA prep
The interviewer hasn't done justice to this interview. The energy and clarity that Mr Ravi has bought to the table was fab!
such a pleasant conversation. I love the honesty in the conversations.
Wint Wealth is really pushing the boundaries of finance centric content creation especially after the whole frenzy against furus.
they really aren't. They are just copying content from other creators. Get some original ideas guys
@@D-ug4on source ?
@@D-ug4on but you aren't even doing that how about you stop complaining and get to work
@@vaibhavsharma3535anshuman sharma
@@D-ug4on yeah i saw a similar video a few days back from another creator their production was much better but i still enjoyed this
Sucha clarity of thought he has...
Mainly sticking to the decision taken in absolute clarity
By far the best video I have seen on retirement planning and retirement life, very good questions asked by interviewer
This is easily one of the most sensible interviews related to this topic that I have ever seen.
Wint wealth is doing great job finding these veterans and giving different perspectives on money making and financial sustainability.
But at the same time, revealing themselves about their perspectives and clarity about good businesses and finance.
I could see the founders have good vision on how to expand their business and I see much more things unfolding from them. They have earned my trust.
Okay, this guy was one of the top 0.001% earners in India, that's why he was able to do it, most of his advices are for top 3% earners of the country. I think most of us not only don't have the option to retire early/change careers/change countries but we may have to work in horrible conditions for longer than our retirement age, what only can solve the problems are strict labor laws and workers unions in private sectors.
Super candid interview. Best so far
Would absolutely love to see more videos like these. Please keep pushing out content. More love.
Nice content, the clarity of thought this man has is really amazing. 😊
After a long time I am seeing someone explaining his financial journey with such a great smile 😊
A very huge portion of this interview being insightful goes to the framing of the questions. They extracted the most out of this already very wise person!
Fantastic interview...Thank you WintWealth 🥰🤘🌻
He was my teacher at IMS kolkata..back in 2008..so good to hear him again
This is one of the most straightforward, simple yet the most valuable video I watched on finance. The person is great and takes life as it "should" be.
Great job! Enjoyed this interview
Excellent.Saving this video to watch again for each point explained...
Excellent interview.
Keep a track of your health too as there is all the time in the world to stay fit.
Awesome confidence and clarity in life Ravi. I simply loved the way you explained life simplicity👌👌Keep talking👌
Loving Wint videos!
Authentic, quality and good real-people-stories.❤
What a wonderful honest and thought provoking discussion. So learning imbibed into one video and loved the Mr Handa cautioned about taking early retirement as a choice
Woahhh! The clarity he possesses is appreciative..
This is epic. Every ambitious person should listen to him & be grounded like him. More power to him. ❤️
A sign of a good video is when you remember about it after 6 months and come watch it again. This is such a good interview by Handa ji. 🎉
Great insightful video!!
I am not a person who leaves comments regularly on CZcams videos. But, the honesty shared by this person needs huge admiration. Very clear opinion with very genuine reasonings at the end. Most of the interviewees usually justify their actions without discussing an honest internal reflection. However, this guy has won my respect 100times. He should keep on teaching at least on CZcams. People like him are rare in these times of self focused social media.
Most likely there will be non compet clause
Money never last….
My neighbour is a farmer own a small piece of land and i never seen anybody more happy than this guy.
He’s on pinnacle of wealth. Long lasting happiness.
Honest, straight and simple 👍
Excellent breakdown. Thanks to Mr Handa for sharing his story
As a 60 year women from Mumbai. On the death of my mother i was made aware that the finance company that was managing our portfolio had done a really bad job leaving me in financial ruin with just about enough to eek out a living. When all avenues for compensation and justice failed I had no option but to shrink my lifestyle to manage within my means.
With this came a realisation that material things do not matter much. Social acceptance doesn’t matter, if u are happy with your self. The pain is when you are not able to reach out and support and help those that you did and would have continued to do so if it were financially possible.
I loved your interview and your concept of living with your time well spent, I promise you will not regret it. The one aspect I found lacking was how much have you kept aside for giving ? Either thru time or financial aid. Believe me it will be the cherry on top of your cake . I respect your intelligence and foresight. I hope you have a blessed life.
I doubt if any one retires with a thought of making any donations with ones earned money.
@@sunilsood1624 valid, they probably have that concept in their wills if they have an extreme means of incomes like warren buffet and the like, but other than that people who retire....and more so who retire early seldom have the thought of philanthropy as something they actively try to do, more so given how they have a family to feed and kids who are of tender age whose education cost is as high as it is.
I loved reading your comment. It is so honest and straight out of heart.
I am a single guy with higher networth that this interviewed guy and I am still working. I am giving it all away by creating a trust, which will fund scholarships in a US university.
@@ppen8359Nationality?
He is very honest and speaks the truth, I am able to relate a few problem of early retirement
Everybody needs to watch this video. Such clarity is so rare.
Good, grounded and gripping interview.
This man is true legend in terms of clarity of life❤
This is a wise man. He's not drowning in his ego. He's humbly explaining both sides of the coin. Very informative video. Thank you for making this.
True
An insightful talk. Thank you team for sharing this.
I love the clarity with which Ravi speaks and shares wisdom. Lovely.
This guy is such a sorted personality…. No big fanda… No complicated terms…. Pure honest opinion….. Worth every second…..❤
Yeh Handa sir k Aritmatic videos dekhta tha main 2012 mein during CAT preparation. His website had lot of study materials, sample questions. Those were different times. Internet penetration was low. Smart phones were not there. I used to check his video secretly from office during office hours.. I think that time he used have a French cut beard. I saw him today I think after 10 years and feels good to see. In a way he was also my teacher. His clarity on his decision is the best thing. He knows his capability, he knows his limitations and he is clear about this expectation from life.
Very informative video, Sir sounds very wise and experienced i would say, Earned my respect with the way he prested fact as well as his opinions on the table
Thanks for this video. Really liked the perspective on the last question on early retirement.
I was looking for such a content , more clearly such a person for years and he is so candid. Just loved his approach . And no doubt he is crystal clear on what life is and no doubt he could have made much more . But for what??? Kudos to this gentleman. Let there be peace with him always.
Most down to earth financial advice ever heard
Hats off bhai 🙏I wish the world was as honest as you ❤
He is smartest guy I have ever met. Follow his podcast, amazing insights.
Very insightful talk. Thanks for sharing it.🙏
Is se zyada sincere interview dene wala kabhi nahi dekha.
such a clean hearted guy!!
Very candid and wonderful interview❤❤
Superb and realistic video. Thank you for making such great content 👌
@Wint Wealth - Good content on early retirement. I hope this person realise and contribute his time now to coaching poor students who can't afford heafty fees at major institutions. This is giving back to society which have him what he intended. Thank you
Wonder why he was not doing that already. Maybe that is one of the clause he signed with unacademy while he sold his company. That is a problem with selling a company you built from scratch. We have that emotional connection much like selling your dog for a million dollar.
Loved the honesty in the interview. He himself has provided options to consider before going down the retirement path.
Such clarity in thought, kudos. 🎉
Beautifully explained. So much clarity in thoughts.
Great series by Wint Wealth! Thank you guys. Really interesting and cool that the interviewees are also open and share so much. Great insight!
I totally agree with owning a house and it being an emotional decision . 💯💯
Appreciate the clarity of thought!
He explains it very well, such a joyful personality.
Came across this CZcams channel just now, mind blown by the content as it is giving the knowledge about the most important questions that people have today. Hats off bro keep continuing this work as it is most needed in today's time.
Super validating, thanks for making this video. I am in the first year of my early retirement and always confused whether i have taken the right path. I am trying to become a full time swing trader but all the questions keep coming in my mind as this gentleman had and i keep doing balancing and rationalising in my mind. This man has very articulately validated my thought processes and I am confident that I am not the only one. Like him, I too don't have the option to start afresh or leave the country... So I am banking upon the India growth story for rest of my life....
Such an honest way of speaking. Hats off Sir