If you wish to be part of the Money Matters series, please fill up this form: forms.gle/Tmbo2nUTnhn9vjpG7 Money Matters is a series where I have conversations with normal people such as you and I, on your personal finance issues. It is important to note that I am NOT a financial expert, I am NOT SEBI registered, and I am NOT qualified to give financial advice. Everything that I say in these videos is purely through my own experiences. So these videos do not offer any stock tips, or specific mutual fund recommendations or get-rich-quick schemes. I am not selling any product or service through these videos. None of the brands that I mention in these videos have paid me to mention them, unless I explicitly say so (and I will say if the video is sponsored). This also means that my advice may not always be the right advice. So incase I make a mistake, the best way to correct me will be to share your point of view in the comments, so that everyone can benefit from it. I am not perfect, nor claiming to be either and would love to learn and grow. The idea is simply to help people with their finance journey and through their story try to help others who may have a similar story. My Money Apps: Indian Stock Investing (Zerodha): bit.ly/3iYKROh Mutual Fund Investing (Coin by Zerodha) (You will need to create a Zerodha account for it first. Coin is free): bit.ly/3iYKROh US Stock Investing + Investment Tracking (INDMoney): bit.ly/3tT5moR Portfolio Investing (Smallcase): bit.ly/3u0is0I Corporate Bonds (Wint Wealth): bit.ly/3sbUI8c How to pick the right insurance (Ditto): bit.ly/3xFh7OU The above links are for products that I personally use for my own investing. If you create an account on any of these using the above links, I stand to make a referral income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L, in 2022 we contributed 53L and in 2023 we contributed 52L. DO NOT assume that these are the best products in the industry. Please do your research and let me know if you have any questions. My bestselling books: 'Make EPIC Money' here: amzn.to/3WHJ43F ‘Get EPIC Shit Done’: amzn.to/4fK1IR5 ‘Do Epic Shit’: amzn.to/4fK9uuv
My gear for shooting this video: 🎥 Sony a7III camera: bit.ly/3M42wAV 🎬 Sony FE 24-70 f2.8 Lens: bit.ly/3KCCiF0 🎙 Shure SM7B Microphone: bit.ly/3O1NAVA 🔆 Fill Light 60W: bit.ly/37aJolP 💡 Key Light 150W: bit.ly/3O9nyjs 📽 Benro IT15 Tripod for Sony a7III camera: bit.ly/3O4PvJ1 The above links are on Amazon. If you buy any of these using the above links, I stand to make affiliate income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L, in 2022 we contributed 53L and in 2023 we contributed 52L.
A very good solution in this case would be to just increase the retirement age from 38 to 40. Addition of those 2 years would have make a huge difference in the whole planning 😇
aap behtrin aadmi ho yar , bhot financial advisor hai youtube par jo ki jo ki aap nahi ho phir bhi aap unse behtrin ho. lernt a lot from you, god bless you
Though i understand her concern to be with her child but being parent of 9 years old myself I wish I could tell her that 0 to 10 yrs are the golden years of any child where he needs you and you can witness his first steps in outside world. Kids get busy by 10 years and spend more time outside home and less with parents. We remain waiting for them and they are into their tight schedules.
Taxes on investments will continue to go up and up in coming years and decades. By 2030 LTCG will be 20%. If these "financial planners" take taxation into calculation then their careers will be over. Treat these as any other stupid RUclips channel. Don't try to learn too much from them.
@@firstnamelastname5761 Andha hai kya bhai, wo financial planner mein already taxes ko consider kiya hua hai. Don't comment bullshit with very little knowledge. That financial planner was released in one of his recent video and everyone can access it. And it considers everything - be it taxes, inflation etc etc.
जब तक ये फाइनेंशियली फ्री होंगी वो बड़ा हो चुका होगा उसके 4 साल बाद वो कॉलेज में जा चुका होगा वो खुद 17 चीजों में उलझ जायेगा फिर ये घर पर अकेली बैठी रहेगी सारा दिन , इनकी एक्सपेक्टेशन भी बढ़ती जायेगी कि वो भी इनको टाइम दे फिर बात वहीं आयेगी जैसा आमतौर पर देखने को मिलता है मैने तुम्हारे लिए अपने कैरियर तक को sacrifice कर दिया टाइम देने का मतलब किसी के पास रहना नहीं होता
I was looking through the comments... What i feel is, SWP is better option only if the market is good. Imagine like in covid, market crash, you can't withdraw 50k every month and more over you're relaying only this money means its very high risk..!! I can feel that numbers looks great but think practically will that returns be same ??
I think it will average out in the long term. A covid like situation also means a post-covid like situation, when the market almost double from that lowest point.
Hi sir great video, 1 query as you have mentioned not to continue the same sip, make new sip with 10% increase I could not understand this. Can you please explain. present I am doing sip with 10% top up yearly is that way you have said or stop and make new sip but dont do top up on same sip
Sir, Really curious how this conversation would be with a person from finance background..May be a CA Definitely, That would be great session with lots of leanings 🔥
As a CA aspirant , even though i am not fully qualified i would like to present my 2 cents. Elephant in the room , 5% inflation nahi hota hai , long story short its closer to 7% ish. Next, tax is 12.5% and not 20%. Next , the assumption that when you are under SWP ( 38-60 age whatever) and the market will not go down is idiotic . There will be cycles and she may have to withdraw when the market is way down ( aka lose money as per calcs) Next , where is money for the parents if they need it. Next, kids get very expensive after 17/18 , they need good clothes , eat out , college , laptop etc. Next, Medical expenses which the insurance company only pays a part of. Next and the biggest issue with FIRE ..."HUMAN GREED" there will be some part of the brain that says iphone is only 50k .. lets buy it , it will not impact that much or i may die a year younger who knows. Conclusion:-- the person should aim for FI and then work part time to cushion themselves
With a very respectable note Ashish, there is no relation between a CA and finance, because we personally don't learn any such subjects related to finance, and CFA is a course for that.
Education inflation in India at present is 11-12 % and so as food inflation at 9-10 %. Moreover markets never give consistent returns, since we are looking for a SWP it will definitely give lesser returns as we are withdrawing consistently from the corpus.
What about other things like property purchases, jewelry purchases, family gathering event expenses, car purchases, and many other things? I think these parameters should also be considered while doing the planning. One more thing that needs to be considered is recessions in jobs. What if people get laid off? In that case, all this planning could be wasted and should be reconsidered. Nice video BTW, great work Ankur.
having a plan doesn't mean everything will go according to plan. But it is much better than not having a plan. What if her salary doubles in 2-3 yrs and she doubles or triples her SIP since her fixed expenses won't increase so rapidly?
There should be some portion for liquid mf and savings for emergency as to 6x of your monthly expense. Which u can withdraw anytime, and one for any goals like children planning, education, wedding etc and retirement planning . U can't just do all Mutual funds. There shud be PPF, nps and some MFs. This planning is not perfect. Insurance should not be used for retirement planning but it should be used for security purposes.
Dear IITan @Warikoo sir, Kindly add home renovation cost, painting cost(since you are planning till 85 years)cost to buy refrigerator, TV, water purifier, AC, Geyser, computer, mobile etc. once they reach end of life. Sometimes due to termite problem we might again need to do woodwork or have to buy new almirah on adhoc basis A small 2nd hand car might also be required in future, please add that cost also along with service and fuel cost.
@@akhildattakaranam9798 It is not possible within 50K as per my understanding. Even the cheapest 5 seater sofa is around 40K forget about a decent AC or Refrigerator to be bought within 50K and still be able to manage other expenses. If you take the loan for every household item you will fall into perpetual debt.
@@mohitmiglani541yes you are right. 40k but by delaying for 3 to 4 months and or necessary time and buy the things In fact with this method we can buy the world with this method. Now what happened is all the people are becoming impatient and they need anything instantly. Let's say an iPhone is not needed instantly what you need is a good mobile which is good for communication. But due to so-called prestige we Indians buy everything without even knowing whether it is useful or not. And this mentality leads to poorer poorer and so poorer. Just by delaying the buying idea for three months we have the time to arrange money and at the end of the 3rd month we buy only the things that are very necessary not for the show off and will be saving much more money than any one.
last quetion ka ans samja nahi , suppose i have 3 mutual fund mid large and small . now next year should increase on same mutual fund or find diffrent mutual fund for mid large small
Very random discussion Ankur Cost of Childs education - unknown Cost of health insurance - unknown Cost of living post ten yrs -unknown Cost of sons marriage - unknown Cost of house repair or purchase - unknown SO THIS CALCULATION IS IMPOSSIBLE PLUS RETIREMENT AT 38 when son reaches his teenage she will make her child’s life TRAUMATIC AS TEENS NEED FRIENDS AND SOCIAL LIFE NOT MOMS FULL TIME 😂 BEING REALISTIC 🤪
School fees increases around 10-15 % yearly. 5% is not real inflation. Inflation for education and healthcare is around 10 %. Anyway, its best to have a plan and update it rather than not have one.
Inhone bohat achi setting kar rakhi hai.. best of luck fir this girl.. . but ye tabhi possible hai jab salary sach me 75000 ho.. but afsoos sabki salary itni hoti he nai generally
@ankur i suggest you to have a record of aome names from this series and check them if possible after 10 years whether they have achieved the aim or failed on it and if yes then what are the barriers on that
she can work for more 2yrs and increase her corpus to 1.5cr and start SWP to withdraw 12L per annum and increase with 5% inflaton.. investing for extra 2 years till age 40 will make lot of difference in her corpus
well, there can be a lot of calculations by changing the parameters, like time, SIP amount, rate of return etc. But the plan was to retire in 10 yrs and keep a similar lifestyle as of now.
SWP is being played wrongly. Not all funds return 12% each year. There could be multi year flat/negative return years and your expenses cant be flat during those years which will eat up the fund drastically. Please do suggest BUCKET STRATEGY instead of just SWP.
I do like Ankur Sir because he always teaches us a good lesson about life and financial management Very good job sir Always visit your content and learn lot of can't explain Hats off sir I notice the way you be always excited to know about everything of everyone
Ankur Ji.. SWP withdrawal pe bhi toh tax lagega short term ya long term..toh uska impact kese bear krege retirement ke time pe.. Is there any way we dont need to pay any tax on SWP. Withdrawal
Hi Warikoo, Just a simple question, can I use INDMoney to sell-Buy all type of mutual fund? Or should use another platform like zerodha, angel broker etc? Kindly suggest.
Hi Sir, Can you please share that retirement plan excel sheet which you have explained in the video or Is it already available in any of your existing videos?
I can say 1 thing for sure, Maharashtrian Moms are the best when it comes to plan future goals 😅. Respect to all Moms over the world, you all are best.
I have a doubt. What does it mean to end an sip after 1 year ? Does it mean u have to redeem the amount ? Because then u will lose compunding value right ? Or Does it mean that continue taht same sip with 10 percent step up ?
he means if that SIP is not giving u good return, then change it. Don't expect that sip will give good amount of return, u may get less than ur principal.
HELLO SIR, (VIDEO TIME 26:43) QUESTION SIR, HAME OLD SIP WITHDRAWL KARKE NEW SIP 10% BADAKAR START KARNA HOGA YA OLD SIP WAISE HI RAKHKE NEW SIP START KARNA HOGA??
So sir ... to secure your family... one can go for term insurance and medical insurance... is there any insurance that one should go for..... pls answer.
@@evanalbert8979 that's his channel all about.. just like our family/friends.. we know the cold/fever(general) meds., are we docs ? We advise everyone.. right? It just means.. take proper advice from a qualified one., I am just giving you suggestions.. again that is a choice for friends/family
Sir, maine 2022 main ULIP start kiya tha, lekin abhi soch raha hu ... ULIP surrender karke term insurance and investment alag se karunda, wo possible hain kya. ULIP se kuch return milega kya..? Kindly guide me...
Great insights. Got to learn a lot from it. Ankur one last thought from my side. May you please attach the excel file too, it would be very helpful for our financial modeling as well?
सर जो कर रहे हो आप अच्छे कर रहे हो लोगों को अच्छी राय दे रहे हो लेकिन सर मेरी एक सलाह है कि लोगों के चेहरा ना दिखाया जाए, नहीं उनकी पूरी पता पूछा जाए क्योंकि इस आने वाले समय में लोगन प्रति अपराध बढ़ेगा और लोगों की वित्तीय में सब कुछ पता लग रहा है मेरी तो यही गुजारिश है आपसे आप शॉर्ट में नाम पता पूछ सकते हैं और चेहरे पर डॉट भी दिखा सकते हैं धन्यवाद सर
Withdrawing 60k per month would mean nothing when she is 85. Ankur mentions that 30 cr when she is 85 would value like 1 cr today. Just imagine what would be the value of 60 k then. I think the excel needs to be modified to add indexation component to the withdrawal part as well. That would give a a more clearer picture
Swp would grow every year even if you are withdraw the money in every month right ? Then how would it gets finished after her 85 years of age ? May be am wrong or my knowledge is less ,correct me plss .
Sir can you also direct us on taking loans for education , in my context for pilot study as becoming pilot in India is extremely expensive especially for general category middle class
Next Video Recommendation - For good lifestyle and early retirement, how much a person (IT professional) should earn in a job as compared to number of years of experience. Can you please make video on that? So that the people doing job will stay motivated and look forward for next year salary.
It's related to increasing them by 10%. So in order to increase your SIP by 10%, you'll need to go back to your SIP configurations and quit the old one and make a new one with the increased amount. But if the app that you already use provide this functionality to increase the SIP amount in the same SIP, then you don't need to quit and restart the new one. Just configure the older one.
Sir ek question tha, archu has invested money in 3 different sip(mutual fund) so if she wants to do swp at the age of 38 then how she can do it? Curious to know it? Or anyone other one please let me know? Will she withdrwal all money from all mutual funds and put it in one nifty 50 ? Or any other way to do it?
![I.N "HALLUCINATION" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/n5B5q1Hwt_U/mqdefault.jpg)
If you wish to be part of the Money Matters series, please fill up this form: forms.gle/Tmbo2nUTnhn9vjpG7
Money Matters is a series where I have conversations with normal people such as you and I, on your personal finance issues.
It is important to note that I am NOT a financial expert, I am NOT SEBI registered, and I am NOT qualified to give financial advice.
Everything that I say in these videos is purely through my own experiences.
So these videos do not offer any stock tips, or specific mutual fund recommendations or get-rich-quick schemes.
I am not selling any product or service through these videos.
None of the brands that I mention in these videos have paid me to mention them, unless I explicitly say so (and I will say if the video is sponsored).
This also means that my advice may not always be the right advice. So incase I make a mistake, the best way to correct me will be to share your point of view in the comments, so that everyone can benefit from it.
I am not perfect, nor claiming to be either and would love to learn and grow.
The idea is simply to help people with their finance journey and through their story try to help others who may have a similar story.
My Money Apps:
Indian Stock Investing (Zerodha): bit.ly/3iYKROh
Mutual Fund Investing (Coin by Zerodha) (You will need to create a Zerodha account for it first. Coin is free): bit.ly/3iYKROh
US Stock Investing + Investment Tracking (INDMoney): bit.ly/3tT5moR
Portfolio Investing (Smallcase): bit.ly/3u0is0I
Corporate Bonds (Wint Wealth): bit.ly/3sbUI8c
How to pick the right insurance (Ditto): bit.ly/3xFh7OU
The above links are for products that I personally use for my own investing. If you create an account on any of these using the above links, I stand to make a referral income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L, in 2022 we contributed 53L and in 2023 we contributed 52L. DO NOT assume that these are the best products in the industry. Please do your research and let me know if you have any questions.
My bestselling books:
'Make EPIC Money' here: amzn.to/3WHJ43F
‘Get EPIC Shit Done’: amzn.to/4fK1IR5
‘Do Epic Shit’: amzn.to/4fK9uuv
My gear for shooting this video:
🎥 Sony a7III camera: bit.ly/3M42wAV
🎬 Sony FE 24-70 f2.8 Lens: bit.ly/3KCCiF0
🎙 Shure SM7B Microphone: bit.ly/3O1NAVA
🔆 Fill Light 60W: bit.ly/37aJolP
💡 Key Light 150W: bit.ly/3O9nyjs
📽 Benro IT15 Tripod for Sony a7III camera: bit.ly/3O4PvJ1
The above links are on Amazon. If you buy any of these using the above links, I stand to make affiliate income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L, in 2022 we contributed 53L and in 2023 we contributed 52L.
Sir please look at my request, I'm struggling a lot.
Capital tax gain in detail videos how it works
bhai excel excel bahut kehlta hai 😂😂
….awaiting for my turn😊
Mugeri lal ke supne
I need communication skills like ankur... Those hand gestures and clarity of speech is so awesome..
and in addition, you need some excel skills, and marketing skills as well , so you can sell the same excel over and over again :)
@@satyaswaroop6782😂😂
He did MBA from American
Speak slowly first of all and listen to every word that you speak .
Sir your doing awesome work.. without charging you actually educating people of india about financial planning
Financial freedom may sound like fantasy but Ankur explained it like a practical achievement
A very good solution in this case would be to just increase the retirement age from 38 to 40. Addition of those 2 years would have make a huge difference in the whole planning 😇
YES, I was expecting that Ankur will say this..but he didn't mention it! Maybe because she wanted to work only for 10 more years..
aap behtrin aadmi ho yar , bhot financial advisor hai youtube par jo ki jo ki aap nahi ho phir bhi aap unse behtrin ho. lernt a lot from you, god bless you
Please take taxes also in consideration while calculating financial freedom
Though i understand her concern to be with her child but being parent of 9 years old myself I wish I could tell her that 0 to 10 yrs are the golden years of any child where he needs you and you can witness his first steps in outside world. Kids get busy by 10 years and spend more time outside home and less with parents. We remain waiting for them and they are into their tight schedules.
She was my teacher for C++
She was my ex gf 😢
😂@@alinone4576
😅😂@@alinone4576
she is your sister
@@kiranita she was my maths techer in 10 class.
No body calculate the taxes and expenses on sip. Pls tell the amount after all deductions. Explain the expenses on regular and direct sip
Taxes on investments will continue to go up and up in coming years and decades.
By 2030 LTCG will be 20%.
If these "financial planners" take taxation into calculation then their careers will be over.
Treat these as any other stupid RUclips channel.
Don't try to learn too much from them.
@@firstnamelastname5761 Andha hai kya bhai, wo financial planner mein already taxes ko consider kiya hua hai. Don't comment bullshit with very little knowledge. That financial planner was released in one of his recent video and everyone can access it. And it considers everything - be it taxes, inflation etc etc.
@@firstnamelastname5761by 2030 income taxes are also expected to increase by 10% so by your logic it mean that people should stop earning as well
Aysa karega toh video ka thrille kaise rahega bhai 😂
@@firstnamelastname5761 right..., SIP won't give good return,
जब तक ये फाइनेंशियली फ्री होंगी वो बड़ा हो चुका होगा उसके 4 साल बाद वो कॉलेज में जा चुका होगा
वो खुद 17 चीजों में उलझ जायेगा
फिर ये घर पर अकेली बैठी रहेगी सारा दिन , इनकी एक्सपेक्टेशन भी बढ़ती जायेगी कि वो भी इनको टाइम दे
फिर बात वहीं आयेगी जैसा आमतौर पर देखने को मिलता है
मैने तुम्हारे लिए अपने कैरियर तक को sacrifice कर दिया
टाइम देने का मतलब किसी के पास रहना नहीं होता
True!!
You have great communication skills and a lovely personality.
So she is divorced and staying with parents home and now want to invest.?
I was looking through the comments... What i feel is, SWP is better option only if the market is good. Imagine like in covid, market crash, you can't withdraw 50k every month and more over you're relaying only this money means its very high risk..!! I can feel that numbers looks great but think practically will that returns be same ??
Covid like situation happens once in 15 -20 years
I think it will average out in the long term. A covid like situation also means a post-covid like situation, when the market almost double from that lowest point.
Hi sir great video, 1 query as you have mentioned not to continue the same sip, make new sip with 10% increase I could not understand this. Can you please explain.
present I am doing sip with 10% top up yearly is that way you have said or stop and make new sip but dont do top up on same sip
Ankur, the smile with yout explain things is like super pleasing.. Keep up the good work!
Very honest @ankur sir
Jo v kahete hai woh bilkul valid hai sir
Sir, Really curious how this conversation would be with a person from finance background..May be a CA
Definitely, That would be great session with lots of leanings 🔥
As a CA aspirant , even though i am not fully qualified i would like to present my 2 cents.
Elephant in the room , 5% inflation nahi hota hai , long story short its closer to 7% ish.
Next, tax is 12.5% and not 20%.
Next , the assumption that when you are under SWP ( 38-60 age whatever) and the market will not go down is idiotic . There will be cycles and she may have to withdraw when the market is way down ( aka lose money as per calcs)
Next , where is money for the parents if they need it.
Next, kids get very expensive after 17/18 , they need good clothes , eat out , college , laptop etc.
Next, Medical expenses which the insurance company only pays a part of.
Next and the biggest issue with FIRE ..."HUMAN GREED" there will be some part of the brain that says iphone is only 50k .. lets buy it , it will not impact that much or i may die a year younger who knows.
Conclusion:-- the person should aim for FI and then work part time to cushion themselves
With a very respectable note Ashish, there is no relation between a CA and finance, because we personally don't learn any such subjects related to finance, and CFA is a course for that.
Did u include the 12.5% we have to pay to nirmala sitaraman for long term gain?🤨
😅😅😅😅😅
May be higher that time
Education inflation in India at present is 11-12 % and so as food inflation at 9-10 %. Moreover markets never give consistent returns, since we are looking for a SWP it will definitely give lesser returns as we are withdrawing consistently from the corpus.
Not always for SWP. If the rate of withdrawal is less than the rate of appreciation, it will grow in spite of withdrawals.
What about other things like property purchases, jewelry purchases, family gathering event expenses, car purchases, and many other things? I think these parameters should also be considered while doing the planning.
One more thing that needs to be considered is recessions in jobs. What if people get laid off? In that case, all this planning could be wasted and should be reconsidered.
Nice video BTW, great work Ankur.
having a plan doesn't mean everything will go according to plan. But it is much better than not having a plan.
What if her salary doubles in 2-3 yrs and she doubles or triples her SIP since her fixed expenses won't increase so rapidly?
There should be some portion for liquid mf and savings for emergency as to 6x of your monthly expense. Which u can withdraw anytime, and one for any goals like children planning, education, wedding etc and retirement planning . U can't just do all Mutual funds. There shud be PPF, nps and some MFs. This planning is not perfect. Insurance should not be used for retirement planning but it should be used for security purposes.
This was awesome video ..very well explained 👏 👌
Dear IITan @Warikoo sir,
Kindly add home renovation cost, painting cost(since you are planning till 85 years)cost to buy refrigerator, TV, water purifier, AC, Geyser, computer, mobile etc. once they reach end of life.
Sometimes due to termite problem we might again need to do woodwork or have to buy new almirah on adhoc basis
A small 2nd hand car might also be required in future, please add that cost also along with service and fuel cost.
These are wants that means these may be handled with 50k per month todayss salary.😊
@@akhildattakaranam9798 It is not possible within 50K as per my understanding. Even the cheapest 5 seater sofa is around 40K forget about a decent AC or Refrigerator to be bought within 50K and still be able to manage other expenses. If you take the loan for every household item you will fall into perpetual debt.
@@mohitmiglani541yes you are right. 40k but by delaying for 3 to 4 months and or necessary time and buy the things
In fact with this method we can buy the world with this method.
Now what happened is all the people are becoming impatient and they need anything instantly. Let's say an iPhone is not needed instantly what you need is a good mobile which is good for communication. But due to so-called prestige we Indians buy everything without even knowing whether it is useful or not.
And this mentality leads to poorer poorer and so poorer.
Just by delaying the buying idea for three months we have the time to arrange money and at the end of the 3rd month we buy only the things that are very necessary not for the show off and will be saving much more money than any one.
Yu missed the point...she is staying with her parents without paying rent. So they will take care ofnall three things
@@livestyle5527until when ?
Bahut bdhiya suggetion ....Hr working female ko aisi investmnt bahut bahut jaruri hai❤ chahe wo Kitna bhi kma rahi ho 🎉
last quetion ka ans samja nahi , suppose i have 3 mutual fund mid large and small . now next year should increase on same mutual fund or find diffrent mutual fund
for mid large small
Very random discussion Ankur
Cost of Childs education - unknown
Cost of health insurance - unknown
Cost of living post ten yrs -unknown
Cost of sons marriage - unknown
Cost of house repair or purchase - unknown
SO THIS CALCULATION IS IMPOSSIBLE PLUS RETIREMENT AT 38 when son reaches his teenage she will make her child’s life TRAUMATIC AS TEENS NEED FRIENDS AND SOCIAL LIFE NOT MOMS FULL TIME 😂
BEING REALISTIC 🤪
Very poor take
@@warikoo ? I also thought same sir she have to pay tax also when she will withdraw
@@warikoo are saying poor take for invictus ? or for that girl ? please i am confused ?
@@pulkitagarwal1210 I think taxes are already taken care of in that excel sheet.
@@rahulbhardwaj3786 Should be for invictus.
School fees increases around 10-15 % yearly. 5% is not real inflation. Inflation for education and healthcare is around 10 %. Anyway, its best to have a plan and update it rather than not have one.
It's outstanding advice sir. Please allow me once. I'm eagerly waiting for your session. I need it sir
Inhone bohat achi setting kar rakhi hai.. best of luck fir this girl.. . but ye tabhi possible hai jab salary sach me 75000 ho.. but afsoos sabki salary itni hoti he nai generally
@ankur i suggest you to have a record of aome names from this series and check them if possible after 10 years whether they have achieved the aim or failed on it and if yes then what are the barriers on that
she can work for more 2yrs and increase her corpus to 1.5cr and start SWP to withdraw 12L per annum and increase with 5% inflaton.. investing for extra 2 years till age 40 will make lot of difference in her corpus
well, there can be a lot of calculations by changing the parameters, like time, SIP amount, rate of return etc. But the plan was to retire in 10 yrs and keep a similar lifestyle as of now.
How it is possible ?
40% in large cap and 40% in mid cap and 40% small cap
Bhai insan hai galati ho jati hai iska matlab yah thodi hai ki jo ankur ji acchi chije sikha rahe hain usse ignore kiya jaye
SWP is being played wrongly. Not all funds return 12% each year. There could be multi year flat/negative return years and your expenses cant be flat during those years which will eat up the fund drastically. Please do suggest BUCKET STRATEGY instead of just SWP.
They just need views bro
She looks like a 15 year old kid 🙆
😂😂😂
In ur dreams 😂
@@mustakinsk1453 and a confused mentally unstable too
Bro she is using snap filter😂
😅😅😅
Watching this video without money
Sir, please do share that early retirement excel sheet in your description. Thank you for the informative video!!!!
What about tax implications if we sell some of these after 10 years as per suggested plan
I do like Ankur Sir because he always teaches us a good lesson about life and financial management
Very good job sir
Always visit your content and learn lot of can't explain
Hats off sir
I notice the way you be always excited to know about everything of everyone
can you suggest good funds according to category ?
she look very simple but I feel she is very intelligent I feel....
Ankur Ji.. SWP withdrawal pe bhi toh tax lagega short term ya long term..toh uska impact kese bear krege retirement ke time pe.. Is there any way we dont need to pay any tax on SWP. Withdrawal
Hi Warikoo,
Just a simple question, can I use INDMoney to sell-Buy all type of mutual fund?
Or should use another platform like zerodha, angel broker etc?
Kindly suggest.
Hi Sir,
Can you please share that retirement plan excel sheet which you have explained in the video or Is it already available in any of your existing videos?
Great Sir please share this sheet. or how can get this sheet because this scenario also meet with me
Sir, how to contact you for your guidance in investment.
Can you upload that excel sheet. So we can do our planning my ourselves
Nice video..can you share this excel sheet? 😊
Great mom, respect 🙏
I have one advice for Archu pls think about this
Please do one more SIP for Pay TAX (LTCG--12.5%)
Thanks
😂
Pura income sip krne me hi daldo 20 sal bad pata chala world war hua and Russia ne kabja kar liya.
😂😂😂
I can say 1 thing for sure, Maharashtrian Moms are the best when it comes to plan future goals 😅. Respect to all Moms over the world, you all are best.
What nonsense! Mom is a mom whether from Maharashtra or Andhra or Gujarat or Delhi
@@manojsuri007 Yes, sir, please read the next comment 😀
@@theredbaron28 damage was done in the first part of the sentence it itself. No damage control can cover in the next one 😃
Why only Andhra or Delhi ??? 😡😡😡😡😡 What about my Phillipines mom?@@manojsuri007
I also need same session. How can i connect with you sir?
I have a doubt. What does it mean to end an sip after 1 year ? Does it mean u have to redeem the amount ?
Because then u will lose compunding value right ?
Or
Does it mean that continue taht same sip with 10 percent step up ?
he means if that SIP is not giving u good return, then change it. Don't expect that sip will give good amount of return, u may get less than ur principal.
HELLO SIR, (VIDEO TIME 26:43) QUESTION SIR, HAME OLD SIP WITHDRAWL KARKE NEW SIP 10% BADAKAR START KARNA HOGA YA OLD SIP WAISE HI RAKHKE NEW SIP START KARNA HOGA??
Old wala waise he rahega new uske bad start karoge tabhi to compounding Kam karega n usme 😊
We can modify the existing sip amt in the same fund
Well planned Ankur . Really you are philanthropist .
Why are we not considering LTCG... She will be paying LTCG on the interest earned..
So sir ... to secure your family... one can go for term insurance and medical insurance... is there any insurance that one should go for..... pls answer.
Ankur warikoo is like...meh ek doctor nahi hu, meh mbbs nahi padha hu, phir bhi meh aapka surgery karunga with my experience 😂😂
Bhai..At least he has the courage to say that.. there are people without qualification.. they just criticize others
I don't love him.. doesn't mean I hate him.. I just watch him for case study or other stuff
Saying that I am not qualified but still will give you advice makes no sense.
@@evanalbert8979 that's his channel all about.. just like our family/friends.. we know the cold/fever(general) meds., are we docs ? We advise everyone.. right?
It just means.. take proper advice from a qualified one., I am just giving you suggestions.. again that is a choice for friends/family
😂
Sir, maine 2022 main ULIP start kiya tha, lekin abhi soch raha hu ... ULIP surrender karke term insurance and investment alag se karunda, wo possible hain kya. ULIP se kuch return milega kya..? Kindly guide me...
This calculation suits to us exactly, Please share the sheet with us as well.
Do we still need to invest in Sip after retirement as per the sheet ?
I have a doubt does she stop increment 10% and contribution at age of 38?
Hello @warikoo sir , could you please share the excel sheet?
Where can we find this magical excel? I want to play with it.
Great insights. Got to learn a lot from it.
Ankur one last thought from my side.
May you please attach the excel file too, it would be very helpful for our financial modeling as well?
Sir she can buy a property on loan after 10 yrs rent it n live bcoz inflation th property me b ho rĥa h 60 70 hazaar tk rent h mumbai ke area me
Pura investments insecure me kiye hai, kuch secure Wale bhi krne chahiye like PPF, LIC, etc.
Lic should be used for security and not as retirement planning. But nps, ppf should be considered.
could you pls share the sheet here, so that we can input our values and plan accordingly ! Thank you
Ankur, sir, please i need your guidance
We sre greatful sir for this knowledge... Very helpful and brainstorming.
Regards
What is the difference between step up SIP n you said as new SIP with 10% increase!that amount can be chosen for step up SIP
Where should I invest 1 Crore lump sum for best returns considering the time period of 12-15 years?
When u withdraw more than 1 lac profit in one financial yr ...12.5% tax 2b deducted....that u have not included sir
inflation include kia in expenses? every year?
Sir apko pata nahi hai, ki ap Kitne middle class family ko help kar rahe ho 🥺😊 May Allah bless you sir 🙏🏻🙏🏻 Allah apko acchi health aur khusiya deh.😊
share market is down since 1st October . will sip provide so much return after a very long time . i dont think so .
my SIP is now in negative, so no gurantee of profit. u may get less then ur investment amount, forget about profit.
Fd best or do option trading
Sir I want that Excel where you have calculated every thing.
अंकुर जी हम भी आप ही की उम के है लगभग ५३. बस आप फ्रीडम हो और हम शुरुआत कर रह है १० साल का समय है
Great content, 🎉🎉🎉🎉🎉
After 10 years 50 k mai ghar chalana is quite difficult,
wo aaj ke 50k hain bhai, Isiliye bolte hain nasha karke video nahi dekhna chahiye
@@Funnystory50 exactly impossible hoga yes
last 10yrs k pehle v 50k bohot kuch tha. next 50yrs me v 50k kafi kuch hoga
do add inflation 5% every year..
Depends on Your Needs😂
Puchasi saal me paisa khatam...warikoo sir ka expression is awesome
सर जो कर रहे हो आप अच्छे कर रहे हो लोगों को अच्छी राय दे रहे हो लेकिन सर मेरी एक सलाह है कि लोगों के चेहरा ना दिखाया जाए, नहीं उनकी पूरी पता पूछा जाए क्योंकि इस आने वाले समय में लोगन प्रति अपराध बढ़ेगा और लोगों की वित्तीय में सब कुछ पता लग रहा है मेरी तो यही गुजारिश है आपसे आप शॉर्ट में नाम पता पूछ सकते हैं और चेहरे पर डॉट भी दिखा सकते हैं धन्यवाद सर
You are the best sir.. Respect karte hai ❤❤
Withdrawing 60k per month would mean nothing when she is 85. Ankur mentions that 30 cr when she is 85 would value like 1 cr today. Just imagine what would be the value of 60 k then. I think the excel needs to be modified to add indexation component to the withdrawal part as well. That would give a a more clearer picture
Great video sir!!!
Nice video Ankur
Hi Ankur, I like your thoughts and your inputs, I really want to connect with you and discuss my financial freedom. Let me know how we can connect.
Swp would grow every year even if you are withdraw the money in every month right ? Then how would it gets finished after her 85 years of age ? May be am wrong or my knowledge is less ,correct me plss .
Sir can you also direct us on taking loans for education , in my context for pilot study as becoming pilot in India is extremely expensive especially for general category middle class
Kapde baccho ke bahut mahge ho gaye. Like this one
Sir 10% jo sip amount plus karna hai ...wo hum existing me nahi kar sakte .. mean market down existing me hi paisa dalte rahe..plz tell me sir
I have a question as of recent downfall mutual funds also down what you suggest
Next Video Recommendation - For good lifestyle and early retirement, how much a person (IT professional) should earn in a job as compared to number of years of experience. Can you please make video on that? So that the people doing job will stay motivated and look forward for next year salary.
P2P platform kya hota hai ankur sir ?
What about the tax implications regarding switching from SIP to SWP?
Thank you sir ❤❤❤
HER HUSBAND IS LAUGHING FROM THE CORNER 😂😂😂. ME BHI TO KAMA RA HU.
Divorced?@AmritaSinha-w9j
Behtareen sir g
Sir please explain what is the logic behind quiting every sip after 1 year and start new one.
It's related to increasing them by 10%. So in order to increase your SIP by 10%, you'll need to go back to your SIP configurations and quit the old one and make a new one with the increased amount. But if the app that you already use provide this functionality to increase the SIP amount in the same SIP, then you don't need to quit and restart the new one. Just configure the older one.
Sir ek question tha, archu has invested money in 3 different sip(mutual fund) so if she wants to do swp at the age of 38 then how she can do it? Curious to know it? Or anyone other one please let me know?
Will she withdrwal all money from all mutual funds and put it in one nifty 50 ? Or any other way to do it?
10 sal ke bad sab funds se jo total Paisa hoga usse
Exactly, I was thinking the same
Sir aapke video bahut acha laga raha hai thank you sir😊