Thank you for everyone for the kind words and the love. Means a lot. Many of you have reached out over LinkedIn. Happy to get connected. I am more active on Twitter though in case you wish to engage on the topic of Financial Independence
you look so peaceful and happy ,being financially independent. I am also an engineering student now and I also invest in stocks, though the earning from stocks has not been too much till now, still I am gonna try and be like you one day.😎
I don't think $1M is going to be enough in India. Sure tension will reduce but don't plan on retiring with that amount. This is from someone who is already been there.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family...
@rachealhubert74 Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. Alice Marie Coraggio, a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.
If you have smart kids expense is relatively less, may be 50-60L. I graduated 10 yrs ago but had scholarships so college expenses was almost zero. My brother went to Navodaya school so free until 12th and went to IIT and IIM and got his own education loan. My dad collectively spent under 5L for my brother and my education.
Guys who are employed, i can tell you one thing. Financial independence is quicker if you have a business ,I dont know why people cannot say this explicitly but thats what the pattern is . Every other person has put the efforts in business be it Insurance provider , Online tution or a Chakki wala . Thats the reason you are seeing 8cr ,12 cr portfolio. As an employee you wont be able to achieve this figure in 20 years .
Such clarity in thought. I am of same age and have been working towards FI since 3 years now. Currently at 10X, hope to hit 30X by 45. Cheers to all FI aspirants 🙂👍
At 4:09, Sumit Ramani was facing not getting happiness issues even after achieving his goals it happened because of the arrival fallacy and hedonic treadmill effect according to psychology. Arrival fallacy is the human tendency to think after achieving a certain goal we will get the happiness we want but it is not true and one of the reasons is the hedonic treadmill effect. The hedonic effect means humans will get used to things after some time. For e.g, A big house, or big car will only get you happiness for a few months to a year. After that, you will get used to it. It is the most important thing to get financial independence. But it is also worth knowing that achieving money alone will not give you happiness or fulfilment. There are different sources of happiness and we should look into that. It is just my personal view. I am 22 years old and started my journey so there is a very high possibility I am wrong.
Just remember that all these podcasters and people are also still figuring out their life and this is only one aspect. If you are young (under 30), do not fall into the FOMO of "retiring early" or figuring out "financial independence". I see freshers talking about FI and not about what all they can be good at. This is a clickbaity title and clickbaity topic but this is NOT the only goal.
@@avinashnair8433 hey buddy, I have done MBA and work as a Consultant. I make good money and invest my savings meticulously. Additionaly, I have a small startup, where I teach people Finance related things. No other secret😃
Never Retire From Work.. Once You Achieve Your Financial Goal You Can Switch To What You Love To Do And Earn From It.. Keep Yourself Engaged As Long As You Are Physically & Mentally Well.. Retiring At 35-40-45 Sounds Interesting But It Is Damn Boring Decision.. Do Cut Out Yourself From Over Load Of Work.. Do Give More Time To Family Friends And Society.. But Don't Ever Stop Working.. 🙏🏻
Started my journey for FI in 2016. Currently at 32, have accumulated a net worth of 1.2cr. Long way to go but certainly determined. Thanks for bringing such inspiring stories
Wow😊”I would like to do less of what I don’t like doing and more of what I like doing” so much depth in that statement! Keep interviewing great minds as always. ❤
This thing about FI is so prudent among corporates. Is it because of sheer work pressure and stress involved? I howsoever, wouldn’t like to leave work by 45-50, instead would like to continue doing what I love more than actually working hard (hustle mode OFF). I do have a number in my head but I am still unsure whether I’d able to reach that magic number within that stipulated period. This itself brings me to your youtube channel, tremendous work folks ❤
Hello Sumit glad to hear that you are from Bhilai. I belong from the same place. I hope I will achieve till 40 age with the same definition of FI you explained.
The definition he had about Retirement was the highlight of the video. For the RUclips team, what a video 💚. Every next minute had me glued to the screen as the previous minute.
When your aim gets so low, it’s definitely early way to become redundant in the society. This is not how greatness is achieved. Most successful people do not aim for the number to earn independence. It’s a highly insecure mindset which can reduce the quality of life for own self and people around. That’s not how scientific discoveries are made, that’s not how innovation happen. It’s slightly above the job security mindset in a non governmental work environment.
It was really nice and clear.... I have similar plans by next 2 year i am also taking retirement....this kind of videos really helpful to understand..... life after retirement..... nice presentation....❤❤❤❤❤
15% in bonds like corporate or government bonds and Mutual funds which have more portion of bonds 85% in share market , startup investment and Mutual fund which have more portion of shares..
sir i am currently in 11 class and i have read over 15 non fiction books NOW I HAVE ALMOST COMPLETED THE PSYCHOLOGY OF MONEY BUT I HAVE NOT GOT THE FELLING THAT THE BOOK IS OVER THE TOP OR SOMETHING LIKE THAT I FEEL YHA RICH DAD POOR DAD IS BETTER ALSO IS THERE SOMETHING I AM MISSING IN THAT BOOK ?
Hats off to your channel. From where are you picking so many billionaire? Just think what will Nirmala Seethraman do to these people if she sees these people.
Loved this conversation between two intelligent beings. Though not from financial background, I started on this journey and learnt value investing, no debt strategy and living below the means as core concepts which will make one reach their FI goals.
I am 35 years with 35L debt right now .. 😎mission continues further forward ... Most of the people can't understand what I am doing .. But one day will see me in another level ...
I've seen two videos so far from your channel and you're doing such an amazing job! I wanted to say that your videos are so calming (no one's shouting at the camera unnecessarily - what a relief! :P) and so to the point! I'm glad that in a world filled with tiktok music, sensationalization, selling polarizing content etc. - your content is refreshing and has so much to learn from. More power to you! :)
I'm pursuing my ug in Bhilai never thought people like these live here so wise about money finance, is there any way I can connect with Mr. Sumit ? Would love to learn from him hands on.
@@WintWealthYTjust a suggestion you can cover yearly networth growth of individuals in chart manner. Will give more clarity of how much they grew their investment
Somebody please explain me why is "8cr / 1 million " They wrote in that green box, 8cr is 80 million right??? Or is my basic maths not correct???? Iam in class 8th now
Suggestion: The editing is poor. The moment Sumit is about to go deeper into answering a question, it has been edited out. And the next question comes instantly. Such content is meant to be absorbed in detail, not in small bits. Let your guests' thoughts come out the way they meant them to. Not how your editor deemed correct. Even if it makes the video a little longer.
Hi sumit,ur an emotional person attached to ur parents and care for them.Now a days ppl are not inclined to live with their parents and want to settle abroad for the so called " better prospects".Ppl leave their old parents in india under some caretaker or an institution where they are taken care of.Its heartening to see and know that you have been able to strike a work life balance.A persons life partner should also be a supporting one to take such decisions in life.All the best to you💐
Thank you for your kind words and such a thoughtful note. Yes, the wife was super supportive. Otherwise, this wouldn't have been possible. Also, I think, in my case, stars aligned. Many would want to transition for circumstances come in the way
You can't ever achieve that unless you go to US or EU. in India, 30# goes to taxes ....even i earned six figures salary per month but....retired with a corpus of abt 12L. And a 2bhk flat...very meagre savings for a lifetime.
My issue with this channel, it shows only one -two source of passive income like bonds, real estate and shares. Anyone can do this, if they start early in the life and is consistent. But there other ways of passive income which this channel need to explore.
One of the best interviews I stumbled upon on money. “FI “doesn’t mean “RE”.. once one become financially independent, it should give you wings to work more/ better/ where your heart goes.. Not retire!
Made 8 crores by the age 39? Excellent. Considering that he will live till he is 75, is that amount sufficient for retiring like going for Kilimanjaro mountains living with Masais? No. After "retiring" should he look for another source of income fetching around 2 lakhs per month? Yes. So can he call it a real retirement? No 😃
Comments padhkar lag raha hai bahut paisehai sab logon par, me at 34 with net worth of 1 lakh but my annual CTC is 20lpa, at the age of 30, my net worth was minus 8 lakhs
Thank you for everyone for the kind words and the love. Means a lot. Many of you have reached out over LinkedIn. Happy to get connected. I am more active on Twitter though in case you wish to engage on the topic of Financial Independence
you look so peaceful and happy ,being financially independent. I am also an engineering student now and I also invest in stocks, though the earning from stocks has not been too much till now, still I am gonna try and be like you one day.😎
@@debdiproy8916 More power to you, Debdip. May you realize your full potential!
I don't think $1M is going to be enough in India. Sure tension will reduce but don't plan on retiring with that amount. This is from someone who is already been there.
@@cbrcoder well, I. Intend to earn more. Tell me how. That's what I need right now as a student.
@@sumitramani7801 thank you so much.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family...
@rachealhubert74 Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. Alice Marie Coraggio, a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.
@rachealhubert74 Alice Marie Coraggio
Lookup with her name on the webpage
Inspiring, sitting with 1 Cr at the age of 28 and waiting to retire with 8 Crores at the age of 35.
would love to know where you have parked your 1 cr in terms of percentage equity debt or ?
wakeup and go to work , Chal
@shivam292 bro it’s not enough and trust me they all make these type of videos just to get views. You’ll at lease need 10 time.
Nobody retires at 35 even with that sum. Life is beyond financial independence...been there done that
😂😂😂 joke
what a beautiful conversation!
“A single conversation with a wise man is better than ten years of study.”
- Chinese proverb”
Thanks Wint!
Moral of the story. Don't have kids, you'll save 1 crore.
How did you arrive at that? :)
If you have smart kids expense is relatively less, may be 50-60L. I graduated 10 yrs ago but had scholarships so college expenses was almost zero. My brother went to Navodaya school so free until 12th and went to IIT and IIM and got his own education loan. My dad collectively spent under 5L for my brother and my education.
All this analysis is useful for approximately 0.000000000001 percent of people in our country !
That's more than 30% of the country's wealth.... So it's important.
Guys who are employed, i can tell you one thing. Financial independence is quicker if you have a business ,I dont know why people cannot say this explicitly but thats what the pattern is . Every other person has put the efforts in business be it Insurance provider , Online tution or a Chakki wala . Thats the reason you are seeing 8cr ,12 cr portfolio. As an employee you wont be able to achieve this figure in 20 years .
Software Engineers laughing in the corner....
@@polytekysoftware engineer in usa not India
@@ajiteshthawait4771Yes normal software engineer in the USA getting a 7cr package. India me 40-50lakh tak rula dete h
@@ajiteshthawait4771 in India also it's possible. Just learn and grow.
@@ajiteshthawait4771 many software engineers in India make above 25lpa
Such clarity in thought. I am of same age and have been working towards FI since 3 years now. Currently at 10X, hope to hit 30X by 45. Cheers to all FI aspirants 🙂👍
Keep it up
More power to you!
Which industry do you work in?
@@vedantchapale1262 IT
Good luck ❤
At 4:09, Sumit Ramani was facing not getting happiness issues even after achieving his goals it happened because of the arrival fallacy and hedonic treadmill effect according to psychology. Arrival fallacy is the human tendency to think after achieving a certain goal we will get the happiness we want but it is not true and one of the reasons is the hedonic treadmill effect. The hedonic effect means humans will get used to things after some time. For e.g, A big house, or big car will only get you happiness for a few months to a year. After that, you will get used to it.
It is the most important thing to get financial independence. But it is also worth knowing that achieving money alone will not give you happiness or fulfilment. There are different sources of happiness and we should look into that.
It is just my personal view. I am 22 years old and started my journey so there is a very high possibility I am wrong.
Well i must say that you are absolutely right.
Just remember that all these podcasters and people are also still figuring out their life and this is only one aspect. If you are young (under 30), do not fall into the FOMO of "retiring early" or figuring out "financial independence". I see freshers talking about FI and not about what all they can be good at. This is a clickbaity title and clickbaity topic but this is NOT the only goal.
I agree with you,
life without purpose can lead to helth issues, would rather stay engaged till 60+ than retire early
@@veejay74 it's not about just being engaged.
It's about being engaged without having to think about money
@@veejay74 It's not about quittting work or not having purpose entirely, but to quit toxic jobs.
The coherence and quality of questions put forth by interviewer or host is phenomenal. This guy deserves a raise😂👍🏼
I have already retired @38 with 15 lakhs😅
😂😂😂
Modi ji ki jay ho..!! Once credited in my account I wil also retire
This is inspirational. I am 33 and have 2cr saved and invested. Targetting 6cr by 40 and then...whatever is god's will 😊
Hey, how did you manage to save such a huge amount ? Can you please bring more insight on it ?
@@avinashnair8433 hey buddy, I have done MBA and work as a Consultant. I make good money and invest my savings meticulously. Additionaly, I have a small startup, where I teach people Finance related things. No other secret😃
Great!! Would love to hear where you're investing this 2cr?
@@sarathnair3295 It's diversified across MFs, Direct Equity and some Government stuff like PPF and all
I have 20 crores and still working 🤢
Wow Sumit. That was amazing. I've just started chasing Financial Independence now at 46 years. You are such an inspiration. 🙏🏽
Best of luck!
Please share the plan also if you are comfortable.
Cover a entrepreneur who had nothing and made financial freedom in their 30 to 40s
My father had a hardware shop.
His assets were 10 crores from doing business in the shop
Never Retire From Work..
Once You Achieve Your Financial Goal You Can Switch To What You Love To Do And Earn From It..
Keep Yourself Engaged As Long As You Are Physically & Mentally Well..
Retiring At 35-40-45 Sounds Interesting But It Is Damn Boring Decision..
Do Cut Out Yourself From Over Load Of Work..
Do Give More Time To Family Friends And Society..
But Don't Ever Stop Working.. 🙏🏻
If you are a general category citizen of this country, the best way is to leave this country and earn in a place where your talent is valued.
It’s good to see how real and relatable these stories are. Unlike all the get rich quick schemes on reels 😂
Having health to enjoy the wealth. And having social circle to enjoy your celebration.
And having your money work harder than you 👍.
Good One 👌
Am addicted to these interviews, My favourite being Bhaskar Jaiswal , & basically wint wealth is one of my fav YT channel now
Started my journey for FI in 2016. Currently at 32, have accumulated a net worth of 1.2cr. Long way to go but certainly determined. Thanks for bringing such inspiring stories
How did u do that..😢I want to start business to achieve financial independence but no investment
itna to me yearly salary se kamaata hu be
😂😂😂 lie
How can one get started?
@@sensiblelife muth maar lo first.
Wow😊”I would like to do less of what I don’t like doing and more of what I like doing” so much depth in that statement! Keep interviewing great minds as always. ❤
Indeed. An amazing line 👌
He got a 3lpa job in 2006 and the number is still the same and in 2016 even I got the same number. 😂😂😂
Really? actuary is not a well paying job ? Then how has he accumulated such wealth ?
Me at 30 with 2 cr. And planning to be financially free and retire at age of 40 with 20 cr.😊
Aur bhosadi wale tumko lgta he tum 10 guna krloge gajab chutiya ho 😅
This thing about FI is so prudent among corporates. Is it because of sheer work pressure and stress involved? I howsoever, wouldn’t like to leave work by 45-50, instead would like to continue doing what I love more than actually working hard (hustle mode OFF).
I do have a number in my head but I am still unsure whether I’d able to reach that magic number within that stipulated period. This itself brings me to your youtube channel, tremendous work folks ❤
@Wint Wealth I love the content you make. Just the basics & Fundamentals are so clean. Authenticity makes it more inspiring.
As a 18 year old, this gave me inspiration to work hard and achieve FI. Thank You team Wint
abe dubaayega to apne baap ke rupiye
Grind till 25 chill for the rest.
@@amazingdude9042 Birthday ke paise thhe, 36k h current value 😃
Am 36 and I have been able to make 75L ( stocks + fds+ pf)… I dont think I can even make 2 cr at 45… disappointing but looks so the reality 😟
You would be surprised how compounding does the trick. My guess is you would get there much earlier
12% u wud be there
Absolutely loving this series of interviews, with no fluff. 12 minutes of pure quality information.
Actuary is underrated professional very few knows about it
True
Indeed :)
@@sumitramani7801 is it a well paying job like tech industry or surgeon ?
@@35mm_DREAM I would think so!
Inspiring!!! At 18 sitting at 1200 and 14 cr in generational wealth
Happy to See Bhilai In Wint wealth😂
Hello Sumit glad to hear that you are from Bhilai. I belong from the same place. I hope I will achieve till 40 age with the same definition of FI you explained.
More power to you, Vikas
I will have 40 cr when I am 40 years
Wow what do you do ?
Badi badi batee aur VADA PAV Khater😅
Plz bring in normal mortals😂
Thank you! Very well spoken and well learned individual. Simplicity, consistency and patience is the key in reaching financial freedom
Well said!
Why not in rupee? Why you want million dollar, can't it be 8 cr.
Pls enlighten if I am wrong.
rupee depreciates
The definition he had about Retirement was the highlight of the video.
For the RUclips team, what a video 💚. Every next minute had me glued to the screen as the previous minute.
Thanks Apoorv :)
very well spoken and practical.
I'll give appreciation for Your editor to make this finance videos more engaging and creative ❤
When your aim gets so low, it’s definitely early way to become redundant in the society. This is not how greatness is achieved. Most successful people do not aim for the number to earn independence. It’s a highly insecure mindset which can reduce the quality of life for own self and people around. That’s not how scientific discoveries are made, that’s not how innovation happen. It’s slightly above the job security mindset in a non governmental work environment.
Very curious to know about those 6 stocks and 4 mf..!
Amazing video by the way, he is super calm.. would love to hear more from you:)
While I was studying CA I got to know about actuarial services.. but I started my Acturian studies recently.. thanks for the video
Just Facts and Figures, No Steroid Motivation Bullshit. Love It
Editing is top notch✨.......... I would like to intern at wint wealth editing team😅
This is top-notch in every aspect. I read a book with similar content, and it was top-notch. "Mastering Money Mindfulness" by Benjamin Hawk
It was really nice and clear.... I have similar plans by next 2 year i am also taking retirement....this kind of videos really helpful to understand..... life after retirement..... nice presentation....❤❤❤❤❤
All the best
Thank you...
Hi guys, what does it mean when he says 15% debt and 85% equity. Can anyone explain me with an example. Thank you
15% in bonds like corporate or government bonds and Mutual funds which have more portion of bonds
85% in share market , startup investment and Mutual fund which have more portion of shares..
I know many marwadi gujju fellows who are doing turnover of 400cr in year...even they guys should also cover....how they achieved this....
Hey team wint, it would be lovely to have a CA in some episode, please bring someone. Thank you.
I love your Channel. Such channels will help to grow financial temperament among youths of our nation. Which will lead our nation ahead.
I calculated this too..and for me also it came out to be 8 crore.
sir i am currently in 11 class and i have read over 15 non fiction books
NOW I HAVE ALMOST COMPLETED THE PSYCHOLOGY OF MONEY BUT I HAVE NOT GOT THE FELLING THAT THE BOOK IS OVER THE TOP OR SOMETHING LIKE THAT I FEEL YHA RICH DAD POOR DAD IS BETTER ALSO IS THERE SOMETHING I AM MISSING IN THAT BOOK ?
Wow!! one of the most calm and sensible guy, would really like to work for him, then with him..
Hats off to your channel. From where are you picking so many billionaire? Just think what will Nirmala Seethraman do to these people if she sees these people.
Loved this conversation between two intelligent beings. Though not from financial background, I started on this journey and learnt value investing, no debt strategy and living below the means as core concepts which will make one reach their FI goals.
I am 35 years with 35L debt right now .. 😎mission continues further forward ... Most of the people can't understand what I am doing .. But one day will see me in another level ...
Never Settle ✊🏻
Absolutely! Dust settle hoti hain :)
@@sumitramani7801 true ♡
half a crore to round up ... what a showoff ... think abour poor middle class indians also ... just because you have made miney dint mick others
There comes a time when you will know, you'll make a million. Just give it some time.
Location is a big factor in this would love to see someone from delhi.
It is. I moved to Bhilai from Bangalore two years back and it did change a few things for me
Wow I was in the same batch as this guy in school.Great to see him do great 👍
Amazing content, insightful
Thanks for sharing, it really increases knowledge about financial aspect of life
Glad it was helpful!
I AM FROM BHILAI...Good to find one inspiration
He has
6 stocks
4 MF
NPS
PPF
85% in equity
15% debt
miscellaneous
startup investments
crypto investments
I've seen two videos so far from your channel and you're doing such an amazing job! I wanted to say that your videos are so calming (no one's shouting at the camera unnecessarily - what a relief! :P) and so to the point! I'm glad that in a world filled with tiktok music, sensationalization, selling polarizing content etc. - your content is refreshing and has so much to learn from. More power to you! :)
Thank you so much!!
My flat has a maintenance of 65000 per month
Bottomline - FI means having control on your time..
I'm pursuing my ug in Bhilai never thought people like these live here so wise about money finance, is there any way I can connect with Mr. Sumit ? Would love to learn from him hands on.
Ya I was amazed when they mentioned Bhilai
How do people invest in startups in India? Can @wintwealth do an episode on this or at least cover this topic in future interviews?
Sure we will try to cover it
@@WintWealthYTjust a suggestion you can cover yearly networth growth of individuals in chart manner. Will give more clarity of how much they grew their investment
Somebody please explain me why is "8cr / 1 million " They wrote in that green box, 8cr is 80 million right??? Or is my basic maths not correct???? Iam in class 8th now
1million dollar
1 crore saving at 36 now, trying to make it 5 in next 8 to years
Which funds and equity you have invested if you can clarify
Watching this for Nishanth!
Nishant is a rockstar!
Would have been helpful to all, if he had named the Stocks and MFs he has invested in🙂
Suggestion:
The editing is poor. The moment Sumit is about to go deeper into answering a question, it has been edited out. And the next question comes instantly. Such content is meant to be absorbed in detail, not in small bits. Let your guests' thoughts come out the way they meant them to. Not how your editor deemed correct. Even if it makes the video a little longer.
Noted
I am in 31 lakhs now at 31 ,targetting 5 crore by 40
Hi sumit,ur an emotional person attached to ur parents and care for them.Now a days ppl are not inclined to live with their parents and want to settle abroad for the so called " better prospects".Ppl leave their old parents in india under some caretaker or an institution where they are taken care of.Its heartening to see and know that you have been able to strike a work life balance.A persons life partner should also be a supporting one to take such decisions in life.All the best to you💐
Thank you for your kind words and such a thoughtful note. Yes, the wife was super supportive. Otherwise, this wouldn't have been possible. Also, I think, in my case, stars aligned. Many would want to transition for circumstances come in the way
@@sumitramani7801 tq for replying back.regards abhijeet
@@shunyabinduinteriors Thank you, Abhijeet. More power to you!
thanks youtube for the suggestion
I'm also trying hard to retire asap and spent so much time with my family
You can't ever achieve that unless you go to US or EU. in India, 30# goes to taxes ....even i earned six figures salary per month but....retired with a corpus of abt 12L. And a 2bhk flat...very meagre savings for a lifetime.
Thank you wint wealth for Creating this type of content.
Our pleasure!
Absolutely loved the output
FI is when you no longer want to tolerate your boss to meet your needs.
Bhilai ka banda aaya h. Kya baat h!!!.
My issue with this channel, it shows only one -two source of passive income like bonds, real estate and shares. Anyone can do this, if they start early in the life and is consistent. But there other ways of passive income which this channel need to explore.
Sidhi Baat, No Bakwaas❤
health is the biggest wealth❤..
INVITE SOME GOVERNMENT EMPLOYEE who got financial independence...NOT GROUP 'A" becasue there salary is still handsome..probably group 'B"
Travelling with a one way ticket ❤❤
Good job team Wint Wealth, it gives great insight into this elite space. Thankyou
Glad you enjoyed it!
Happy to see bhilai guy back in city
One of the best interviews I stumbled upon on money. “FI “doesn’t mean “RE”.. once one become financially independent, it should give you wings to work more/ better/ where your heart goes.. Not retire!
Made 8 crores by the age 39? Excellent. Considering that he will live till he is 75, is that amount sufficient for retiring like going for Kilimanjaro mountains living with Masais? No. After "retiring" should he look for another source of income fetching around 2 lakhs per month? Yes. So can he call it a real retirement? No 😃
Perfect interview.
Comments padhkar lag raha hai bahut paisehai sab logon par, me at 34 with net worth of 1 lakh but my annual CTC is 20lpa, at the age of 30, my net worth was minus 8 lakhs
How to invest in starups
Thats true calculation of Freedom, which many miss out in the job hustle!
Very helpful. Do you suggest any organized approach for investing in startups?