Retire at 40 and settle in India| retirement for NRI
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- Опубликовано: 6 сен 2024
- This video and channel is about the my experience as NRI who lived in US, Sweden, Denmark, Philippines and visited couple more countries however finally decided to come back and settle in India with my loved ones. Mostly i am covering my background, Reason for moving back, how did I planned the move, reasons for going abroad again after living in India for 3 years, Career transition, Kids social life, Advice for the future aspirants and finally experience in India.
✅ My Mission.
My mission is to provide support and guidance for Non-Resident Indians (NRIs) who are considering or planning to return to India. I am trying to help people who are in dilemma and provide suggestion based on their situation. We as Indian has shared dream to make our country as best place for their citizens as well as for expats. I share informative and engaging content about frequently asked questions related to finance, culture, job opportunities, real estate etc.,. My goal is to help you make an informed decision about your move to India and to ensure a smooth transition back to your home country.
✅ Stay Connected With me.
Follow, Chat or Talk with me on Instagram: "hemantdubey79"
Follow my RUclips channel: @hemantaim / @hemantaim
OCI related information: ociservices.go...
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Below are Important videos links about my journey from Dilemma then making decision and reaching India which will help audience in making decision about return to India or migrating from India.
NRI dilemma | Regrets in later phases
• NRI dilemma | Regrets ...
NRI respect in India
• NRI respect in India |...
NRI depression and Vacuum in life
• NRI depression and Vac...
Trigger point to decide return to India
• Trigger point to decid...
Top 10 reasons why I came back to India
• Top 10 reasons why I c...
Kids Thinking About Moving to India?
• "Kids Thinking About M...
Kids adjustment issue after shifting to India and Solutions
• Kids adjustment issue ...
OCI kids education fees and quota in India
• OCI kids education fee...
OCI card benefits and limitations
• OCI card benefits and ...
Retirement Corpus(money) in India at 40 or later
• Retirement Corpus(mone...
Retire at 40 and settle in India| retirement for NRI
• Retire at 40 and settl...
Total Monthly expenses in India(conclusion)
• Total Monthly expenses...
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#hemantdubey
#hemanthdubey
#returntoindia
#oci #ocicardfornri #ociprocess #ociadvantagesinindia #OCIcard
#returntoindiafromusa #nridilemma #nri #movingbacktoindia
#backtoindia #MoveBackToIndia #NRIReturnToIndia #NRIReturningPermanently #NRI #ReverseMigrationToIndia #ReturnToIndiaFromUSA #ReturnToIndiaAfterLongTime #BackToIndiaAfterLongTime #NRISettlingBackInIndia #ReverseMigrationInIndia #MonthlyExpensesInIndia #MovingBackToIndiaFromUSA #ReverseMigration #MovingToIndia #NRIWeakDecisionMaking
#indianculture #Careers #nri #india #careers #desi #startup #backtoindia #indianculture #Careers #nri #india #returntoindia #startupindia #layoffs #financialfreedom #culture #careertransition #taxplanning #CareerInIndia #FamilyInIndia #FinancialFreedomInIndia #IndianCulture #FinancialPlanning #ITRForNonResidentIndian #NonResidentIndianAccount #NonResidentIndianBenefits #NRIAccount #NRIAdvantagesAndDisadvantages #NRIAccountMinimumBalance #ResidentIndian #nonresidentindian #StartupInIndia #IndianEconomy #StartupStories #MoveBackToIndia #ReturnToIndiaFromUSA #nrilife #nritales #backtoindia#FamilyLifeinIndiaandInsights #Desireturn
"Disclaimer: This Video or podcast represents the opinion of Mr. Hemant Dubey and his guest on the video/podcast. The content here should not be taken as theoretical facts as it is the experience of Mr. Hemant Dubey or his host who has expressed to provide better perspective while making decisions. The content here is informational purposes only and as each person is so unique so please use your own research and knowledge while making any decisions."
Copyright Notice: This video and my RUclips channel contain dialog, music, and images that are the property of @hemantaim You are authorized to share the video link and channel and embed this video in your website or others as long as a link back to my RUclips Channel is provided.
I still don't understand - why is this urgency and fixation to "retire"? It amuses me to see that some people still see "retirement" as this utopia. Work for as long as you can, it keeps us mentally and physically healthy.
In terms of job retirement? When u worked in USA Europe u won't able to work in india unless you are getting pay for example.30 L
And mostly who come back to india are working on startup or business
I totally agree with you.
Retirement doesn't mean no work. Just do what you always wanted to do even if Income is less. Doing what you always wanted to do at 40 is better then doing that in 60. It's just you don't want to do anything for hikes, high rating and to show off.
@@bharatkapoor4062 why is that people who worked in US/Europe/Canada can't work in India?
@@jaimesmith1086difference in work culture salary and lifestyle
Retiring at the age of 40 and settle in India is a decision to be taken carefully. People who are accoustumed to lifestyle in abroad may find it difficult to adjust to lifestyle in India. Also retirement means doing no work or taking up employment in India? If it is no work then it is not advisable. We can never know what is in store for us in future. A serious medical illness whose treatment can cost you a fortune, Your spouse may file a divorce and u might find yourself making monthly maintenance or pay a hefty alimony, Your kids want to pursue an expensive higher study, Somebody files a lawsuit and you have to defend it. Aforementioned points are just some of the issues you may face. Food, shelter, clothing are primary needs. It is not enough. Secondary needs such as Medical, Transportation, Afford legal remedy, Reasonable Luxury stuff are equally imporant.
you are talking really sensible , and same i also feel , mostly Indians are 203 hospital bill away to fall in financial trouble .
legal expense, medical , school , infra ,politics , family politics, traffic , all this at least i can not tolerate , just to meet family and friends on Sunday and dance in family marriage . NOPE
IT is a stressful job. Better to retire by 45. Atleast health will be ok and you can survive post 60 to 70.
Totally agree 👍
Hemant bhai...You are speaking about my dream..yes this is the decision I took in this new year 2023
Retire @ 40, Do what you love, and Exit from the rat race. Settled in India from Canada. Your video gives me more courage, Thank you.
Welcome buddy
Would love to hear about your settlement from Canada back in India. I am also in Canada thinking of moving back to India.
Would like to know more about your journey to retire
@@sam20531 sure.
Hi Rahul. I am also thinking of moving from Canada. Dil nahi lagta. How has it been for you adjusting back in India?
My believe is that whenever a person retires, they should avoid having any type of loans pending and become debt free, so they can live more peacefully.
Very nice content really would appreciate your efforts on this. I am towards that journey to retire from IT and pick up my loved profession and coming back to INDIA from USA
"When living becomes a purpose" - what a line !! Struck deep inside
Life in India is colorful and amazing.. Weather is best.. ur a Robot in any western country.. ur stuck in ur house. u just go on vacation for few days, still it doesnt fullfil ur mind.
Great content Dubey ji. Not everyone can't understand the prospective of your videos. May be it's a good idea to put a desclamers at the beginning in display mode. That's it. We like your videos.
Everything you said in this video makes a lot of sense to me. Actually, this is something I have in my mind already. I personally think this is a very good idea for most expats. It's basically semi-retirement. However, it's still important to be engaged with something you like, but it's not like your livelihood will depend on it.
Hello, I watched your video on NRI Dilemma and I relate my situation with every single word you said in that video. I am in my 40 years age Dilemma 😊. Thanks for posting such a good and practical contents. Keep it up.
Hemant bhai, agar son ke 5 th grade ke baad India aaya to koi bade challenges rahenge kid ke liye. He is in 3rd grade now or kitne late tak aa sakte hai wapas? Any thoughts?
After 5th grade the kid need more support from parents or tution
Aapki vichaar sunke bahoot achha Lagta hai ..no one is making on problem of NRI and also who want to come back ...keep doing the fantastic work ..
Thanks buddy
Appreciate your efforts. Eagerly waiting for next one with financial numbers. Keep it up sir
Thanks sure
Dubey Ji, I am neither a NRI, nor an employee, but I have watched your videos about NRI dilemma and other aspects of NRI life abroad and I am really thankful to you for filling the space with things which are less discussed. Your videos are like a map or a guide which has lots of insights regarding various stages of an NRI. As, I'm still young and yet to start my career, your videos are like a memoir or a guide which can help to shape my career decisions. I'm glad that I have found your videos. All the best for your apparently new life in INDIA.
Such appreciation gives me motivation to keep doing this work..... Thanks buddy
Thank you Hemant for this video. Looking forward to the followup video around the retirement corpus needed to retire in India without having to work for money again but having the freedom to do whatever one wants to do (passion projects, experiments, take risks, etc).
Fair point Hemant to decide based upon the Date part ..But I would add another option - to start freelancing ..no boss on top of you, and it's ever engaging. Plus good Engineering resources are available at economic rates in India. And mostly NRI's are from Tech field, so they have a big pool of work here to pick from. Plus they have a good exposure & contacts back (from where they came from), that can really help engage & do the Projects. Challenges are ever entertaining & engaging. Like, by being in India itself - am planning to go freelance in 2023 ! All you need good skills & good overall knowledge.
Very well said, keep Sharing the real life Experience & perspective. It is helping lot of us in many ways!
Thanks imam
Personally I don't miss India , but parents only , Trying for them to get PR, once done , then nothing left in India for me , All relatives and friends are busy . Even in India also no one have time to visit each other ,
I have seen infra, people , climate all and not happy at all . (Just before you jump , I want to tell, i worked in all major metros city for 12 years before my immigration )
In India every middle class (I am talking upper middle class also) is just 2-3 medical bill away from becoming poor (major hospitalization ) , this is fact.
Good Luck
Yes indian middle class is on borderline but someone working in tech is not a middle class or may be you are working in some other job
everything else you mentioned might vary person to person as perspective but medical bills issue can be easily managed by a higher premium insurance plan, have seen that situation in covid and medical insurance saved us.
@@bharatkapoor4062 I was with major IT company ,
and do you know what income range is called middle class , if you know then still my medical bill statement is correct
@@nishant115me you are correct it is individual experience. BUT For Indian friends and family member you are Gift/Dollar and Iphone Uncle (Mostly).
if you are in top 5-10% upper middle class then ok , else still mostly 2-3 hospital bill away . even after insurance.
Good Luck sir
@@ap8065 every Wipro tcs Infosys guy is not i am talking about atleast IIM IIT or atleast top 30 engineering or MBA universities university graduates from india
I was born in India but my parents left the country in 1965. I always wanted to return and did so after Indira Gandhi had the Emergency. It was a journey that I regret to this day. You cannot go back to a third world country after living all your life overseas. My friend (also from India) disagreed and built a house in Pondicherry. When he returned he found that family members had occupied the house and refused to move out. I think the case is still ongoing!
I feel jab tak kama jitna kama sakte ho kama. 60 to 65 tak pet bhar kamao. Fir aaram se india aao. Ghar kharido door daraj mein kahin. Bank mein fd kholo. Aaram se khao.
WOW!! this exactly speaks my thoughts... I'm close to 40, Planning to retire from the USA. Settle in India and continue to do my IT job with less stress. My son is in elementary school he got a good amount of time to adjust to the Indian education system. after spending 9 years in the USA life has become routine now. I've started traveling to cover all vacation spots. Next year I would be returning back to India. Another point to consider, is why I've put 10 years benchmark because I would be eligible for SSA benefits once I reach 40 points. If you have any information on availing of SSA benefits while being in India after the retirement age of 59.5, Please make a comment or video on it..
And your kids is US citizen? So it will easy for him to go back to US
You cant receive SSA benefits at 59.5. You can only recive it when you turn 62. 59.5 is the threshold for 401K distribution.
@@bharatkapoor4062 No, He is born in india
@@sandeepparsam wow huge respect for you
@@sandeepparsam and you have US citizenship
You always give all possible perspective
Thanks buddy
Watching from Canada, I want to do something which does not bound me here forever. Your videos are helpful. Please keep it up. 🙏
Thanks for motivation
Another BEAUTIFUL video ... I'm an overseas Pakistani 💚🇵🇰 but settled in the USA 🇺🇸 ... and you sir, is my new 'infatuation' and if I ever moves back to Pakistan , and if the India-Pakistan border will ever get reopened ... you'll be the first person whom I wish to have a cup of chai with 🥰
Loving your videos on this very niche and peculiar topic ... It would help us all if you use $$ equivalent conversion as the currency to tell the everyday expenses etc. 🙏💕 Your content is spot-on , there are no suggestions , you're doing just brilliant work ... For the first time in my life , I'm subscribing to an Indian RUclipsr .... this is big because we don't watch indian movies, or IPL, or even listen to indian songs ... but your wisdom-laced thoughts and these deep & thoughtful videos have transcended across the geographical boundaries of any sort !
If. You are USA CITIZEN it is easy to get visa
May be you doesn't watch listen indian movies song IPL etc but all these not just popular in india but in middle east africa as well
Very useful video. Thanks much for making such wonderful videos and helping people.
Thanks buddy
I don’t know why your video and the way you explain things is so calming. Seriously..
Thanks
Hemant bhai ...loving your videos. Keep it up
Watching your videos is like talking to a good old friend.
Thanks buddy
Bhai our problem is of a gold digger. Udhar accha to udhar bhago, idhar accha to idhar bhago. We dont believe in hard work, only short cut. Think about why so many people have to leave their mother land because of mindless population. This makes things very difficult. Pehle phoren accha, clean aaram, when paisa aa gaya to missing food, culture connection.
Exactly
@M C-but the population problem no one understands even the educated else by now 1 child policy would be in india already
@@arpanmadrecha3013 already TFR is below 2.1 sooner or later population will start decreasing
Its normal.. Simple Maslow's hierarchy of needs !!
Waiting for next video on retirement fund required after migration @40
Sure
I love my job, and I want to retire at 75
Why are you getting emotional bro. Situation is not that good in india too. Try to mingle with your local community there. Indians are adopting western way of life. So it is same.
True! Indians will surpass the western culture pretty quickly
Time will come when everyone has to work till 75 as pension is gone and life expectancy has increased.
That will be a freaking nightmare and it would better to be not born at all.
I am a great fan of your advice.
Superb title sir Ji - ❤
Hemant bhai, can u make a video for someone who has US passport, can keep the US job and work remotely from India. I currently work in US and make around usd 300k PA but I can find a job where I can work from India and it pays around $150k. Pls advise!
If you’re really making that much money then you should have brain 🧠 to think & make your decision.
@@Pepper.mouser Actually I don't really have brains, just lucky to be able to make money!
But you didn't talked about how much corpse is needed and how should I plan my investment (other than renting houses and franchise) to automate monthly earning with low efforts and work on my passion which can't generate much income.
4 corpses
I will publish that corpse video over weekend
considering retiring at 40 close to 4 cr. thumb rule amount will vary on questions like how many dependents you have, what lifestyle you wanna maintain in india etc. Please consider that medical services inflation is at 14% in india.
The business you can do by coming back to India is to start your English speaking institute to teach english to other Indians you will earn good money and just because you have already lived in usa so automatically your English would be better and it will also be a easy job for you you can also guide your students about usa and others stuff.
@@hemantaim he asked about corpse , not corpus
Good video..best of luck
what is your opinion on the age-old figure of 1 mil. is it enough to retire to india in a tier 2 city for a comfortable lifestyle? or has inflation increased that number to a higher value.. may be 2 mil ?
1M $ is more than enough....in any city.... can't say abt one lifestyle
Depends on what are your need and greed with 2 million USD u can even live ok life for next 20 years without working
Sir you are 100% correct ! retire to Low Profile Jobs
Why
@@bharatkapoor4062 i want to ! after I have earned my money
@@praketasaxena lol
@@bharatkapoor4062 lol
Not bad if you retire as individual contributor if you are good at it
I m nearly 40 live in Australia
But you are my number 1 RUclipsr
I am at this stage should I come back to India or not
I will watch you
Thank you for such honest video without any masala
Goodluck
Can you make a video about what age the child should be before moving back to India?
I already made one with title "kids adjustment issues" ..pls watch
@@hemantaim Can you do a video on how can one find decent salary / job if one moves to India to afford a living with minimal stress?
@@MyTechniqueWorks if you are not in high paying job outside india better to do business after coming back to india then
@@bharatkapoor4062 There too many cons doing business in India. I wanted more clean, more rules regulation following to do business.
@@MyTechniqueWorks ok if your plan is to do job only if your kids are now grownup 25-30L salary is required to live good life that you were having in foregin country
Family of 4
You are very right sir
Thank you
Sir ji echo bahut he...pls use a good headphone..mic
Very insightful and helpful🙏👍
i like the last part you said! phaltu bakwaas bahtu hota hai comments mein.. !
Hahahha Saving in Europe is a myth.They will be in negative if they will come back to India 😂😂
True 😂
Bhaji main Punjab se hu hamare village se 40% parivar videsh me hain mere school college k friends 80% bahar hain
Mostly Canada
@@bharatkapoor4062 ji sir ha Canada
aapke gaon me jameen ka kya rate hai ?
koi baat nhi, tumhara naam hi bahar ka h
Hi Hemant ji ... Aapne jab sweden choda ... aapne pension wagere sab nikal liya tha ya woh age 65 ke baad hi milega aisa rule hai? Agar aapke paas steps hain toh please share karein . Main bhi wife ke sath 2019 main stockholm aya tha aur humara bhi 2030 main wapas janeka plan hai. I am 33 yrs old currently. Humne bhi yehi socha hai ki baccha 6 7 years ka hone pe nikal jana hai.
Sweden se saare Indians wapas aana chah rahe hai. Lag raha.
@@bittun1607Main kahin bhi hota toh wapas hi jata . India hi best hai humare liye personally. Family food friends and weather miss hota hai bahot.
@@Aki8927 yeah its a individual choice. To be honest. Many of my friends who did their studies in Europe dont wana comeback because they never worked in India and they think there no money in Indian and also they have friend circle over there. But i agree with you nothing like India
@@bittun1607 Yes , I am born and brought up in Pune until the age of 28 when I moved to Sweden with my wife. Friends yaha pe bante hai lekin utne close nahi hote woh jitne close friends Indian main already the . Plus family is getting old . Aur jaise Hemant bhai ne bola train nikalne ke baad kuch nahi kar sakte . Money is not everything for me . But that is subjective.
How about VC and invest in start-ups
It's very risky
@@dreamreality2007 yes it is so is a Pizza Hut MacDonald chain
Having couple of millions in kitty and dreaming to be a VC 🙃
Content bahut mast he lekin
Indian mind set, there is fun in doing nothing and billions of people can just sit around, dance in marriage party, watch cinema everything is hunky dory. Entire country is living retired life anyway.
@M C -everyone is looking forward only to their own marriage function or some others function thinking it will be bollywood style their purpose to earn is this only hence india not a developed country till now else india has everything and of course less population will also help a lot- 1 child policy like china needed here
i don't agree, i burnt my initial years in IT burning midnight oil that doesn't happen in US, now i am into middle management hence life is easier but have worked in US for a short while, work life balance is much more managed at all levels.
Really like your video, we can connect sometime
How can I contact you??
You can call me on Instagram at hemantdubey79