Excellent interview. Worth listening till end. Covers all the vital aspects of financial independence and risk mitigation in life. His choice of travelling in 2 cars with family and relatives instead of one car reflects his thinking on safety and probability factor. Being an actuary, his vision about life is very clear. Very balanced in approach towards life. One thing which I agree with him is that we will become redundant before age 60 so we have to provide for our rest of our life, in order to take care of our old age expenses. I disagree that our survival may be up to 100 years considering the alarming level of air pollution in Indian cities, tension in life, changed lifestyle and food habits of the young generation which lowers immunity level.
Thank you, Devender Ji, for your thoughtful words and for dedicating your time to watch the video. You make a fair point about longevity, and I must admit that I might be a bit biased due to my personality and training. My belief is that, on average, we may indeed experience longer lifespans. However, it's important to acknowledge that a longer life doesn't necessarily guarantee good health and well-being for everyone
@@sumitramani7801 True Sumit ji. Sustaining life with help of medicines and support system is not the life one would desire. Add to it tension causes terrible changes in your entire body system. Today mental health is a big issue. Lungs are most affected due to breathing in a toxic environment. Once lungs gets affected there is nothing left in life. Heart and Kidney can be transplanted but lungs are normally not transplanted. Cooling power of an airconditioner gets reduced drastically if its filters are not cleaned periodically but there is no system to clean our lungs. Let us hope things would get better.
one of the most important quality of financial independent people is frugality, excellent interview
Clarity of thought, skills and apt implementation. I guess one of the best videos on finance.
Means a lot coming from a person who has seen me grow. Thank you, Manu!
Sumit’s clarity is awesome and learnt about his profession, crazy
Thank you, Manish boss! Means a lot!
Thought provoking. Thanks for sharing the financial wisdom Sumit.
Thank you, Naveen! Means a lot
Sir, would like to understand why you had invested in NPS
The cheapest way to build a retirement corpus. Started investing a decade ago
Superb Clarity ! Truly an inspiration.
Thank you, Rockey. More power to you!
Excellent interview. Worth listening till end. Covers all the vital aspects of financial independence and risk mitigation in life. His choice of travelling in 2 cars with family and relatives instead of one car reflects his thinking on safety and probability factor. Being an actuary, his vision about life is very clear. Very balanced in approach towards life. One thing which I agree with him is that we will become redundant before age 60 so we have to provide for our rest of our life, in order to take care of our old age expenses. I disagree that our survival may be up to 100 years considering the alarming level of air pollution in Indian cities, tension in life, changed lifestyle and food habits of the young generation which lowers immunity level.
Thank you, Devender Ji, for your thoughtful words and for dedicating your time to watch the video. You make a fair point about longevity, and I must admit that I might be a bit biased due to my personality and training. My belief is that, on average, we may indeed experience longer lifespans. However, it's important to acknowledge that a longer life doesn't necessarily guarantee good health and well-being for everyone
@@sumitramani7801 True Sumit ji. Sustaining life with help of medicines and support system is not the life one would desire. Add to it tension causes terrible changes in your entire body system. Today mental health is a big issue. Lungs are most affected due to breathing in a toxic environment. Once lungs gets affected there is nothing left in life. Heart and Kidney can be transplanted but lungs are normally not transplanted. Cooling power of an airconditioner gets reduced drastically if its filters are not cleaned periodically but there is no system to clean our lungs. Let us hope things would get better.
Very well summarised path to the journey of financial independence.
Thank you, Vikas! All thanks to you for enabling me to share my learning! Couldn't have been possible without you
Sumit, you are an inspiration!
Thank you, Gunjan! More power to you!
Amazing conversation, so insightful
Thanks a lot, Aakash. Glad you liked it
Great episode
Thank you, Sonam.