In India men & women are forced to retire at 58 years or 60 years, however abroad in many countries they decide when to retire between 65 to 70 years, professionals like doctors, lawyers etc etc never retire
Mr Maneshroy kindly understand in India if they retire at 58 or 60 they are given pension which can affect of Rd then to live in dignity for the rest of the is r lives .In U.S. they work till their Death because the Social Security which the govt gives them is not sufficient for them to live in their own country forcing them to look to live in other countries. Show the reality when quoting.
@@sunderj4774 Not every old person above 60 gets the pension. Think about Farmers, Private sector employees etc. Remember only Govt companies or central or state govt employees get pensions.
@@Thepunemh12 Respected Sir completely agreed.For the others the govt has started P.P.F. scheme or the National pension scheme.No govt anywhere in the world can afford to give pension to all the Citizens of even if it given abroad that is not sufficient to live in their own country also.
@@Thepunemh12in India farmers are already enjoying tax free incomes throughout their life.. Including filthy rich commissioning agents who pass themselves as 'farmers'.. For pvt company employees too there is a deduction for pension funds which is paid monthly later as pensions after retirement...
Very relevant information to this age group. This age groups generally would have got most savings through plots, golds, property for rental income, insurance & ULIP only, which were very expensive to compare with new options like NPS, MFs and PPFs extra....
In South Africa,citizens 50 yrs are driven out of the work place via retrenchment and outsourcing. Pensions benefits have to be cashed for daily survival. Find employment is fruitless and side kicks are over exhausted. We live by Gods Grace via frugality. After COVID ,pension fund companies seize to exist due to the meltdown. Now government is allowing working individuals to take 1/4 from their pension funds with tax deductions.
very well said ! You are doing great service to financial fool like myself who is heavily invested in real estate at age of 65 !! Height of foolishness !!
It all depends upon which city you live, your life style, medical issues of couple. For normal life, counting inflation at 6% to 8% is mandatory for goal. Also, nowadays, people with their experience can do consultancy, Administrative job which can still help for next 5 to 7 years.
Hi, are people over 75 years having interest income from FDs n savings account not required to file Income Tax returns? Do they have to submit any form at bank? Please could you provide some guidance. Thanks
Dr Sir, Plz can i hv a Financial Planner - his name, mob no n also his place of stay, who will b able 2 assist / guide me on my financial invest since i shall b retiring Nov 2025. He shd b a true n genuine person whi can guide me in all of jmmy invest, till d end times. I live in India. ❤nRgds,
Watching from Kenya.At 61yrs am learning alot.Keep posting. God bless.
It's a great video giving very clear guidelines. Admire your sensitivity and sincerity towards the audience. 👍👍
In India men & women are forced to retire at 58 years or 60 years, however abroad in many countries they decide when to retire between 65 to 70 years, professionals like doctors, lawyers etc etc never retire
There are many youngsters in India who are looking out for jobs. There are also many who want to retire early
Mr Maneshroy kindly understand in India if they retire at 58 or 60 they are given pension which can affect of Rd then to live in dignity for the rest of the is r lives .In U.S. they work till their Death because the Social Security which the govt gives them is not sufficient for them to live in their own country forcing them to look to live in other countries. Show the reality when quoting.
@@sunderj4774 Not every old person above 60 gets the pension. Think about Farmers, Private sector employees etc.
Remember only Govt companies or central or state govt employees get pensions.
@@Thepunemh12 Respected Sir completely agreed.For the others the govt has started P.P.F. scheme or the National pension scheme.No govt anywhere in the world can afford to give pension to all the Citizens of even if it given abroad that is not sufficient to live in their own country also.
@@Thepunemh12in India farmers are already enjoying tax free incomes throughout their life.. Including filthy rich commissioning agents who pass themselves as 'farmers'.. For pvt company employees too there is a deduction for pension funds which is paid monthly later as pensions after retirement...
Pure practical advise. Well done sir!!
Very useful and informative session. Have noted all the points. Following most of it for few years now. Thanks❤
Useful information sir...planning to attend to all these 12 issues
Excellent and pragmatic advice and very well covered topic. Keep up the good work.
Very relevant information to this age group. This age groups generally would have got most savings through plots, golds, property for rental income, insurance & ULIP only, which were very expensive to compare with new options like NPS, MFs and PPFs extra....
Sane advice! Please include making of Will also as a must attend issue which is usually ignored.
You absolutely have a point . Thank you
Long waited subject.thank you sir.
Thanks for the great video.
A suggestion: Providing timestamps in the video would be helpful.
Thank you for your feedback
Thank you very much Sir for your valuable and important advises.
really remarkable and awsome reitrement planning video
Good list of retirement parameters one should plan. Except life insurance.
Very extraordinary session 🎉🎉thank u so much sir
Very very crystal clear ...
Thank you very much..
In South Africa,citizens 50 yrs are driven out of the work place via retrenchment and outsourcing.
Pensions benefits have to be cashed for daily survival. Find employment is fruitless and side kicks are over exhausted.
We live by Gods Grace via frugality.
After COVID ,pension fund companies seize to exist due to the meltdown. Now government is allowing working individuals to take 1/4 from their pension funds with tax deductions.
very well said !
You are doing great service to financial fool like myself who is heavily invested in real estate at age of 65 !!
Height of foolishness !!
If you are 61 years and you are in India . What plan should we apply . Thanks
Good video, can pls add similar video for this age group that are living in the US and planning to retire in US? Thanks
qho are the financial planners you recommend? give some names, dot give general gyan without specifics
Please make video 30 to 40 age group what should do this age group and how can build second income source in this age
All these videos are already there on our channel, please check through the playlist
Do a video on self employed person who will be nearing 60
Wat r the dos n don’t for 60 plus
Nice thoughts Sir.
Great informations..thanks
Excellent Sir
Very well said, Sir
A very informative session 🙏🏻
छान
6 Crores needed for retirement???? My God....90% of indians can not take retirement in their life
That is why 95% people will not have comfortable retired life
It all depends upon which city you live, your life style, medical issues of couple. For normal life, counting inflation at 6% to 8% is mandatory for goal. Also, nowadays, people with their experience can do consultancy, Administrative job which can still help for next 5 to 7 years.
Good points. Regular cash flow is very important during superannuation.
Sir..pl make a video on REVERSE MORTGAGE...
that can work like a monthly income..
Sure , your feedback noted
Very informative video 👏🏻
This video is only for upper middle class people. Poor people like I will actually die of anxiety listening to this
Nice information
Is there any book about personal finance that NRIs can read if they are planning to retire in India?
Hi, are people over 75 years having interest income from FDs n savings account not required to file Income Tax returns? Do they have to submit any form at bank? Please could you provide some guidance. Thanks
Very informative video 👍👍👍👍
Does any financial institution provide trust banking services in India? I have tried and all mix it with some voluntary trust fund/account
Very nice sir
thank you
Very good video
Not liquidating real estate for fear of capital gain tax to govt
excellent sir
Spot on advice
Thank you sir for valuable input
👍
3 crores at retirement! Thats feels like insult to i jury to non-NRI😂
My request on WhatsApp not responded
You seem to be addressing only from the point of view of males and family people. Do address people who are alone and females
For all pointers are same . Remove spouse from equation . As simple as that
But most of the financial planners are brokerage firms or agents. We need fees only advisor.
You can find one.. each will have their own business model
Did you get one Sir?
Nice video
What to do once the insurance matures? Should you take the money or not?
Obviously take it out
@@NRIMoneyClinic thank you.
So I should take new insurance after that is it?
❤❤❤.......😊
What will be ur consulting charges
You can send WhatsApp message on the numver in description box
Ok
I'm not interested none that I like my job
Dr Sir,
Plz can i hv a Financial Planner - his name, mob no n also his place of stay, who will b able 2 assist / guide me on my financial invest since i shall b retiring Nov 2025. He shd b a true n genuine person whi can guide me in all of jmmy invest, till d end times.
I live in India.
❤nRgds,
👍