WHAT IS THE BEST RETIREMENT INCOME STRATEGY ?
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- Опубликовано: 10 фев 2025
- #nri #nrimoneyclinic #financialplanning
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Excellent video sir. Thanks for your excellent work.
You are most welcome. Please subscribe and keep sharing the videos
Very nice video.Useful tips for retirement planning. 🙏
Are SIP good for investment?
@@NRIMoneyClinic w us to w my mom w my mom is the only
@@laxminarainkhanna7930 aqq
The govt must be sympathetic and somewhat Lineatnt towards senior citizens. It should not put any tax on interest earned by seniors on their savings in banks.
Very clear and simple explanation. Thank you very much. The take home message is to have 4 streams, viz., Rental Real Estate, Mutual Funds, FDs & Pension Fund.
This is really transforming viewers' way of thinking.This kind of discussion will certainly stand as a safeguard in retired life.Please keep it up.
Good to know these Insurance schemes are not a scam !! Thank you
Great video sir. Thank you. I have taken early retirement last August. I have done almost everything you have mentioned. This video is a real refresher to me. Thanks again.
Keep it up. Please subscribe and keep sharing the videos
One of the most interesting and extremely knowledgeable videos on RUclips , i highly appreciate your time and support to help all viewers, God bless you immensely i pray Bhat Maam , all the best.
It's too good for all...u covered all plans that every investmenter thinking ....
U R right.one thing I would like to advice the youngsters the day you are getting appointment letter for a job,your planning for retirement years too simultaneously start.Therefore planned expenses, savings for future will definitely take care of your living years after RETIREMENT.
I’ll tell you the biggest problem with rental is that in India you can get a litigant tenant who can sit in your house without paying you rent and you need to go behind a lawyer to evict them. Also getting good tenants is based on luck.
How about, new tenant every 2-3 yrs
You are right. A friend of mine said he did not visited his rented flat since more than 10 years. On reply he said tenant is rowdy etc. I kept my flat vacant for 8 years and live in peace by avoiding many offer which were of high risk.
@@NaNa-lt1po If you do due diligence on your tenant then no problem
Always do through due diligence on your tenant
@@syedimtiazabbashussain4913
One of the negatives of rental real estate in India is that the law is not helpful to the owner in case the tenant defaults on rent or refuses to vacate. It is very difficult and expensive for anyone, especially a senior citizen to get timely justice.
Well presented Retirement Strategy
In addition to rental income, the house that the person is staying can also be reverse mortgaged. As the monthly amt he gets is NOT considered as income, it is tax free. The house can continue to be occupied by the spouse even after the demise of the person.
Anand Pendharkar
👌
Sorry for my ignorance sir, what is reversed mortgage ?
I have a small house with my family, how it can be mortgage? Even when we are staying with limited space.
I wish, I had this information before my retirement.
Iam 3 years back to retire, using your knowledge iam sure I will beat the inflation by investing on Real estate and Fds
Consider Invits and reits in your portfolio as well.
Very good video. Just one comment sir. You mentioned some risks involved in rental real estate. One more risk is if we get a bad tenant who is problematic person. You will loose peace of mind
Good information, explained in very simple language. Without using jargons. Highly appreciate the advice. Thanks.
NPS could have been a good solution for retirement, but needs some improvement for becoming so. At present, 60% of the corpus can be withdrawn tax free, while an annuity has to be purchased from remaining 40%, from an insurance company that is empaneled under NPS. Since the pension from this annuity is not inflation adjusted, it will not cover expenses after a few years (even if it does during initial years). The best thing is an inflation indexed annuity, with the annuity funds invested in some kind of target date fund that invests in liquid fund and equity portfolio, and rebalances every year.
Thanks for your analysis about retired people. contents of the video are amazing .I am retired in 2012 . Thanks again.
Good day sir, At Age 35, what should be a proper Ratio we need to invest for our retirement. ?? It should be less or more??
Or we need to build multiple mutual funds for age 60, age 70 age 80.
Sir I can listen to you all day. Thank you 🙏
Why dont you marry him. Can I listen all day?>
@@rachelninan9074 bad joke
@Rachel Ninan , Why should you be jealous?
Sir, very important topic taken up for retiring persons. However please also cover Reverse Mortgage for Retired persons owning a property
Rental income plans are truly amazing as you explained. Thank you for sharing.
Yes they are!Please subscribe and keep sharing the videos
Good investment guidance Thanks
Excellent stuff. Very nicely articulated. well done sir 👍
It would be much easy to do a job at old age than managing a tenant. They don't maintain the house, raise complaint about many facilities of house every now and then, use all tactics to resist increasing rent, may leave house on a short notice etc. etc. At very old age, when we migrate to our children's place, it will become very difficult to manage tenants from a remote place. Sitting at Mumbai, what can we do if tenant don't deposit rent for a house at Kerala in one month?
REIT - Real estate investment trust is a.better option than managing rentals on our own.
Thanks for your hard work and presentation skills are very good.
Thank you for your feedback . Please subscribe and keep sharing the videos
Very informative. I will plan accordingly
There are long term G Sec bonds with interest rates around 7%. Can a retired buy those bonds instead of annuity plans . Please advise. Thanks .
Would like to know more about Safe Mutual funds
Fabulous video. Keep up the good work!
REIT and INVIT may also be considered as one of the retirement income options.
Super presentation 👌 👏
Thank you
Which is the best guaranteed income / pension plan ,Sir
In mutual fund REIT mutual fund is good or stock investment mutual fund is better for retirees . Anxiously awaiting your feedback.
Annuities are a better option over Rental income.
Rental yields are just about 3% , plus there are recurring costs of house property and taxation issues during exit.
Annuities upto 6% is much better and a most convenient
Wats annuity
Annuities are static. Rentals are inflation proof . Have both . Not one . Please subscribe and keep sharing the videos
Pensions
@@NRIMoneyClinic Annuities may be static but cud fetch more than 100% better returns than rental income. So a part of the annuities if reinvested can give a far better yield than rent.
In case of property, there are other challenges of recurring costs and maintaining the house to be able to get good returns. Also the taxation laws make the exit also equally difficult. Unless the property appreciates, it makes no sense in my view to opt for rental income and struggle to create an asset of there are other better alternatives
You should go for a government servant as tenant for your flats , for a stable rental income . also after a longer duration you can offer the tenant a buyback offer of the flat at a good price , as it has already become a HOME for the tenant . Wishing best to have a golden retirement years .
Excellent appraisal sir,
Very insightful!
Rental incidents is also evaporating
Excellent information given sir.
Very useful, practical advice
While you do advocate MFunds, you dont touch upon Equity Shares or Equity ETF, Equity share also do yield dividend but of course , the risks are higher.. but some portion of Equity do need to be there so that it derives higher returns which could increase your overall yield Thanks
Equity shares of a company is more risky then mutual fund, which mitigate risk of loosing investment.
Excellent presentation dr. Chandrakanth. Very informative. I shall be retiring next month. Will contact you to take advice on investing retirement benefits as advised in pension plans and other 3 to generate a monthly income while beating inflation. God bless you. Your channel rocks.
Always welcome. Please subscribe and keep sharing the videos
Perfect just for me 👏👏👏
Great video
Thanks alot
A video worth it. Thank you.
Fantastic video...! I have a question, if you please answer.
Sir, should one plan to do any business after retirement...?
Thanks again ❤.. What about bullion investment which can beat infaltion... Fcnr fd..... Gold mutual funds... Index funds....
Yes IF it safe from thieves and robbers. It is a long term investment and can't support retirement monthly cash flow.
Explained very nicely
Excellent retirement ideas
Excellent information
income from real estate - is it still considered as a better way in India to beat inflation risk ?
My retirement is in 2025.
I will take your help.
best retirement plan , one time investment
Nice clip
Sir perfect.
great video thanks a ton
Great information !
Very good video
Thank you for this wonderful video. Please let us know good retirement pension plans by LIC etc
Send messagecon the number shown on the screen
Please give details of the guaranteed tax free income schemes
Hi Sir, 1 headsup and 1 query. 1. There is LIC Jeevan Akshay VII which is like a pension and the best part there is option that annuity will go to primary applicant and then secondary applicant and after that the purchase price shall go to nominee. 2. In budget 2021, seniors above 75 years of age (residents) should not be filing IT Return. Will it also apply if they have mutual fund portfolio in thier books?
1. I need to check
2. You need to check with a CA .
Please keep sharing the videos
Good advice but also mention some options witch is safe .many of us might be trapped in such things
Very helpful video 👍
Long story short and straight to the point
PPF and NPS from govt haven't been mentioned that too tax free.
Tension free when compared to rental income.
PPF and NPS are corpus accumulation plans . They are not cash flow strategies. Please subscribe and keep sharing the videos
Hi Sir my topic.... thanks for enlightening...
Prema Lobo.
You are most welcome. Please subscribe and keep sharing the videos
THankyou very good information
Very good information.
Thank you
Sir stay blessed🙏
Good advice
Excellent explanation.Thank you so much.
Clear explanation sir ....
Sir, at 11:22 you have informed that some guaranteed pension insurance policies are 100% tax free ( as on today). Can you please elaborate? Can you give some example?
Thank you sir for your helpful videos....🙋🏼♀️🙋🏼♀️
Which swp should I choose as less risk ,good return and future growth.
I am still being pulled by two forces. One to return to India and expatriate. The other to stay in USA because of Medicare, and ease of doing transactions like buying groceries, servicing cars, paying bills etc. One hand India a very friendly country, other hand USA a very alienated country where people to busy to be friendly.
India has changed a lot and continue to progress
Sir, ur this video is very informative but I am afraid to show my dad who is very unfamiliar to these terms n on term of that your r also telling the negatives of the same. :)
How much amount is advisable for Bank FD? How much is huge?
Thanks a lot Sir
Excellent
Thank you! Cheers!. Please subscribe and keep sharing the videos
Sir you are telling tax appy to FD interest and pension ??! What about rental income and profit from selling property - don'd tax applicable on them ?
Excellent inputs sir 💐💐 nice collection of information
How well u explain... Sm really glued to ur videos.
Thank you so much Please subscribe and keep sharing the videos
Thanks for the useful information on retirement....
Sir please advise and give example of Well construction, scientific Mutual Fund.
Very good information. 👍
Excellent video sir. You are great inspiration.
I have started investment for UlIPs for retirement and NPS.
Should i move to Fixed income?
Or should i buy gold every month to sell in retirement and get the profit
Very informative, thank you so much n waiting for more videos 🙏
Excellant.
Contradictory advice for income 1 !
very nice video sir
Nice advice
Nice one - am 50 now and from your video, I understand that mutual fund portfolios are the best for a creative income ( other than rental , which I have now ). Can you give link on this as to which MF should I chose ?
Thank you for sharing this information papa
Hey in one of your earlier videos you mentioned that rental property investment was not good for retirees !!!
Nice prospective 👍
Thank you so much . Please subscribe and keep sharing the videos 👍
Very very informative sir thanks 🙏🏻
Very much inspired by your explanation sir
So nice of you. Please subscribe and keep sharing the videos
Very very giod