How Much Money You Need to Retire at 30 | How to Get Financial Independence at 30
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- čas přidán 27. 06. 2024
- #personalfinance #earlyretirement #financialindependence
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Hi! Hello! Namaste to all!
Welcome to “The Money Podcast”. Thank you for taking a step ahead to learn and sort your finances.
In today’s podcast, we have Ravi Handa, who was a former CAT teacher and in 2022 achieved financial independence and retired early. In today's video, we will discuss his FIRE (Financial Independence, Retire Early) journey. If you also want to achieve financial independence and retire early, then you are watching or listening to the right podcast.
We have discussed everything about the FIRE (Financial Independence, Retire Early)
What is FIRE?(Financial Independence, Retire Early)
Right Age to retire early?
Why people want to retire early ?
Where we can earn more India vs Abroad?
How much money we need to retire early?
Right time to retire early?
What to do after retirement?
Non-financial problems after retire early?
How to manage life after retire early?
Earning Streams after retirement
& much more.
If you’re someone who is looking for an answer for anything related to Financial Independence, Retire Early, then Watch/Listen to this podcast very carefully.
Don’t forget to share your thoughts in the comments after listening to the podcast.
If you find the podcast helpful and interesting, share this podcast about How to Retire at the age of 30 with your friends and family.
Hit subscribe for more money-saving & investing discussions like these.
Time Stamp:
0:00 Intro
0:50 Story of Ravi Handa Sir
6:48 Why Handa sir left teaching?
8:42 What is Financial Independence?
11:55 What should be a right age to retire early?
17:25 How a person can retire early?
20:28 How much money you need for early retirement?
23:22 Problems that you face after retire early?
30:11 Family reaction after retiring early?
35:13 How to decide is it the right time to retire?
39:49 How to manage your life after retirement?
43:14 Should a teacher work independently or merge with big companies?
49:12 How happy Handa sir after retirement?
51:47 should you invest in startups after retirement?
55:19 Can you make money on Twitter?
57:39 Conclusion
Connect with Me-
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LinkedIn: / neerajarora91
Disclaimer & Disclosures: I AM NOT REGISTERED WITH THE SEBI, IRDAI, PFRDA OR RELATED AUTHORITIES
THE CONTENT POSTED IS BASED ON MY RESEARCH AND MEANT FOR EDUCATIONAL PURPOSES ONLY. NONE OF IT SHOULD BE CONSTRUED AS INVESTMENT ACTION OR ADVICE.
ANY PAID ADVERTISING IN THIS VIDEO WILL BE TAGGED ACCORDINGLY TO HELP VIEWERS DIFFERENTIATE THAT PART OF THE CONTENT
SOME OF THE LINKS I HAVE POSTED IN THE VIDEO, DESCRIPTION, COMMENTS, AND OTHER RELATED RESOURCES MIGHT BE AFFILIATED LINK.
Let me know in comments At What Age Should We Retire And With How Much Money?
Also, share your feedback on the podcast in comments.
Sir Jab Tak Hai Jaan. Kaam karte Rehna Chahiye... Early retirement theek hai lekin not very early is not Good i think.
I intend to FIRE before 40 with 40Xmonthly expenses. 😊😊
Great answers by Mr.Handa. He didn't hold back or sugarcoat his answers. Presented his real self. 👍🏻
Thank you so much
Love both of them
thank you
I am as far away from FIRE as I could ever have but I still chose to retire and start a new career in a new field. I was so uneasy since the decision was very instinctive. I always value my instinct. But after watching this podcast, I am able to justify with logic as to why my instinct was correct! Thanks Neeraj for getting Handa sir, I never knew him before but his unique perspective (atleast unique for me) has helped me figure myself out!
Thank you so much, Will share your msg to handa sir also
Simple and straightforward, how it should be. Thanks
Thank you so much
@themoneypodcast91 I would also like to validate the guest take on making fast money abroad. I left the country to pursue my studies and was able to build my career abroad as an IT contractor/freelancer. I was able to reach the above highest mentioned corpus within 12 years . I might have made double of it if I hadn't lived a quite conformable life. I enjoyed my work and got the opportunity to work in different countries, too. But i want absolute freedom kind of. I stopped working as of now and pursuing an art degree as life is too short not to experiment with it. I want to also mention my parents were very middle class and I too. I hope my comment helps.
Handa makes so much sense!
yess
Liked Ravi Handa's practical and honest responses
Thank you so much
Was refreshing to hear simple talk
Thank you so much
Thanks a lot
your welcome
Very interesting and pragmatic answers by handa sir.
Thank you so much
Arora ji, Thanks a lot for covering Very Unique but important topic..
It's my pleasure
@@themoneypodcast91 Sir, jab tak hum job kar rahe hai, tab tak company apna medical cost cover karte hai mostly. But once job is over, that time yearly medical premium bhi costly ho jayega. Post retirement, premium amount arrange karne ke liye koi different strategy kar sakte kya? Ya fir iska arrangement retirement corpus se hi karna padta hai? If possible pls cover in any of your videos.. Thanks😀
Ek honest feedback Dena chahta hu neeraj sir,
Jis podcast me aap as a guest aate ho.. apne takeaways dete ho.. wo zyada beneficial lagte hain.. I know ye aapka channel h.. par aap dusro k channel pe jaate ho to wahan hum aapke diye hue takeaways lete hain.. usme maza zyada aata h .. kisi ki burayi nhi kr rha lekin ab in podcasts me aap sirf sawaal puchte ho or details me answer koi dusra krta h .. isme wo maza nhi h sir .. shayad aapko hi zaada bolna chahiye
Thanks for the feedback
Great video sir❤❤❤
Thank you so much
Thank you so much
neeraj sir is hero of our ca community
Yes🤘
Maja aa gaya ye podcast sun ke.
Thank you so much
Very Useful!
Please help - : I have a folio of 1.5 cr plus. All in Equity. 70% in index funds (Nifty 50 and Next 50). Both funds are from the same fund house, happens to be UTI.
Should I choose a different fund house for my further investment to de-risk the fund house concentration? OR it doesn't matter?
Sir, this is a very personal thing and we are not a SEBI registered advisor. I suggest you to please talk to any professional.
Regards
Money Podcast Team
@@themoneypodcast91 my question was simple, is there a AMC risk when you are invested in same AMC for substantial amount. SEBI dosent stop anyone from answering such questions. Nevertheless.
UTI is a very trusted AMC. Highly unlikely to face any problems. Still if you wish you can consider diversifying by adding same index funds from other large AMCs like SBI , HDFC, Nippon etc.
Its a painful time to make that decision specially convincing the other half when you reach that FIRE figure.
Very True
Next video... "How much one should need to retire ar the age of 18! ".
Gonna Interview someone who have mighty three years experience in cryptocurrency.
why crytocurrency
4 with fire ?
Oh bhai..
☺️☺️☺️