Middle Class to Rich! | STRATEGIES to help you MAKE MONEY while you SLEEP! | Ankur Warikoo Hindi

Поделиться
HTML-код
  • Опубликовано: 20 ноя 2024

Комментарии • 1,6 тыс.

  • @warikoo
    @warikoo  Год назад +54

    Find the excel sheet, here: bit.ly/484Q3c2
    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.

    • @atulambolkar2790
      @atulambolkar2790 Год назад

      Sir, not able to edit excel

    • @Cellcrew73
      @Cellcrew73 Год назад

      I am

    • @prashantporwal9524
      @prashantporwal9524 Год назад

      excel sheet not able to ediit

    • @jigarjoshi2754
      @jigarjoshi2754 Год назад

      ​@@atulambolkar2790If it opens in chrome than turn on desktop mode than click on file than make a copy it will open in Google sheet

    • @aju32a
      @aju32a Год назад

      not able to edit

  • @Hemant_Pant
    @Hemant_Pant Год назад +123

    Hi Ankur sir, I'm truly humbled by your mention of our podcast with Shubham. It means a lot to get recognition from someone as influential as you. Thank you for the boost and for supporting.

    • @karthiksuresh5654
      @karthiksuresh5654 Год назад +4

      Would appreciate if the video link is pinned down below. Though I managed to find it , acknowledging the original content is important.

    • @NishantKumar-ep4hw
      @NishantKumar-ep4hw 4 месяца назад +1

      Kha tha na phle chodkar aap hi jayege tu chale gaye bhai aap🙏

    • @NishantKumar-ep4hw
      @NishantKumar-ep4hw 4 месяца назад

      Majbori haa tabhi ye kar rha hu Varna............??????

  • @ShawnArmstrong273
    @ShawnArmstrong273 5 месяцев назад +70

    Thank goodness you brought this up!
    Truly, investing has changed my perspective on how one can succeed in life; working multiple jobs isn't the optimal way to attain financial freedom and unfortunately, we discover this later in life.
    Currently earn as much as 10 grand weekly and this has improved my financial life. Great piece!..

    • @adijkhady2840
      @adijkhady2840 5 месяцев назад

      Wow, congratulations on your impressive investment success! Your discipline and focus on delayed gratification is truly inspiring. I'm curious, what are some of the key factors that you consider when making investment decisions? Do you have any tips for those of us who are just starting to dip our toes into the world of investing? Thanks for sharing your story!

    • @Luna_Lockhardt
      @Luna_Lockhardt 5 месяцев назад

      Do you mind sharing info on the adviser who
      to
      assisted you? I'm 39 now and would love
      grow my portfolio and plan my retirement

    • @Derrickdustin
      @Derrickdustin 5 месяцев назад

      SARAH JENNIE DAVIS

    • @Derrickdustin
      @Derrickdustin 5 месяцев назад

      That’s my advisor.

    • @RyanCole295
      @RyanCole295 5 месяцев назад

      Thanks, I just googled her I'm really impressed with her credentials. I reached out to her since I need all the assistance I can.

  • @kirtiverma4542
    @kirtiverma4542 Год назад +67

    30 ki age tak pahochne wali hu aur....income source decide tak ni hua...people r discussing about retirement at 30 😢😢😢😢

  • @devrajbakshi8386
    @devrajbakshi8386 11 месяцев назад +5

    I appreciate recently ur making very practical videos considering middle class challenges but showing practicality

  • @reshmak3800
    @reshmak3800 Год назад +72

    It's fascinating to see how the concept of financial independence varies from culture to culture. I've managed to achieve financial independence after spending a decade overseas before returning to India, but I find that societal norms here often frown upon stepping away from a conventional job, even if you're financially secure. The concept of taking breaks, semi-retirement, or complete retirement before a certain age is still seen as unusual or even irresponsible. It's an interesting cultural barrier that challenges the universal applicability of the FIRE (Financial Independence, Retire Early) movement.

  • @fit.anik27
    @fit.anik27 Год назад +2

    Thank you Warikoo.
    In Sha Allah by using this method i don't have to work for money for my entire life . As I got a really superb Idea in my my mind.

  • @nidhis9974
    @nidhis9974 Год назад +158

    Happy Teacher’s Day Ankur, thank you for all the teachings till date for all of us ❤

    • @warikoo
      @warikoo  Год назад +19

      Thank you so much ☺️

  • @muzammilashfaq830
    @muzammilashfaq830 8 месяцев назад +1

    Very well explained. I am also working on passive income for my retirement before my 40s. Thank you

  • @maheshrao6433
    @maheshrao6433 Год назад +177

    Middle class ko sabse jyada barabad karne me education system ka bahut bada haath he 😂😂

    • @shipraporwal3856
      @shipraporwal3856 7 месяцев назад +5

      Exactly

    • @Arjunsinh8055
      @Arjunsinh8055 7 месяцев назад +4

      Right

    • @TradeSphere-is3vo
      @TradeSphere-is3vo 7 месяцев назад +2

      💯

    • @stayconnectwithca3724
      @stayconnectwithca3724 5 месяцев назад +2

      It depends on degree that you have taken.

    • @salauddinsaifi1763
      @salauddinsaifi1763 5 месяцев назад +6

      Right. 20 saal tak padhayi karo baap ke paise se. Phir 5 saal tak dhang ki naukri dekho aur baap ke tane suno. Phir shadi karke pariwaar ki zimmedari.

  • @Upcoming_millionaire
    @Upcoming_millionaire Год назад +2

    Sir, I’m following u since 1 year. I like ur videos.
    Baki sab thik hai lekin ye thoda jada ho gyaa. 20s ki age me 75% logon ko salary hi 30k hoti h… ground level pe bataya karo sir.
    Thanks.

  • @Emily-le2op
    @Emily-le2op Год назад +94

    The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings/net-worth to about $750M over time?

  • @obaidfarooqui55
    @obaidfarooqui55 Год назад +2

    Very well -explained and that too in a medium which everyone understands. Ankur is a bonafide teacher!

  • @LightYagami-jq1yc
    @LightYagami-jq1yc Год назад +62

    It only works on paper, I think one should focus on increasing their income instead of early retirement, also keeping 50% of your NW unparked doesn't make sense. There would be huge one time expenses, education, healthcare etc. 12% return may be normal now, but later based on macroeconomic factors may get difficult to get. Inflation also needs to be factored in...

    • @sarvveshh
      @sarvveshh Год назад

      agree

    • @damanpreetsinghpunjabi
      @damanpreetsinghpunjabi Год назад +9

      agreed. lot of miscalculation in video. inflation is not factored in. Major mistake is 1.5 cr after 12 years is not going to be sufficient as monthly expenses will not remain 50000. so multiply it with 25 will not give you 1.25.

    • @rdx-ep9md
      @rdx-ep9md Год назад

      ​@@damanpreetsinghpunjabibro I have 10 lac what I do fd 7% or this nifty 50 which is better risky hota he kya ye nifty 50

    • @cavishaljain7458
      @cavishaljain7458 Год назад +1

      Capital gain he forgot

    • @damanpreetsinghpunjabi
      @damanpreetsinghpunjabi Год назад +3

      @@rdx-ep9md fd is not recommended bro due to taxes. Nifty 50 safe hai aur 12% historical returns hain

  • @dibyanshusingh351
    @dibyanshusingh351 4 месяца назад +1

    It's very important video for those who intrested in how to achieve financial goal

  • @sanstormunited
    @sanstormunited Год назад +6

    Best line "Apne Akalmandi, soch and judgment ke saath ye decision le lijye!" 😁😁Thank you for this wonderful video

  • @bholukumar3908
    @bholukumar3908 5 месяцев назад

    Aapne mathematics bahut achha samjhaya h. Really impressive but middle class family k liye 50% salary expenses me jaye to sabhi crorepati ban jaye. You're right but not feasible for many one

  • @saptorshimukherjee4304
    @saptorshimukherjee4304 Год назад +34

    Interesting. I have taken your excel sheet , put in the same formulas, keeping my monthly expenditure 1 lakh /month and in next 5 years will built a corpus of 3.19 cr. And did the same calculations . It looked very promising like 1.66 lacs/month (2028-2035), 2.05 lacs/month (2036-2043) ,2.54 lacs/month (2052-2059),3.9 lacs/month (2060-2067) , 4.83 lacs/month (2068-2075) then i die at 94 years. But the i used couple of data with compounding inflation (7%-12%) for every 20 years period . And it was shocking. First data is if i use historical data. I have taken a family with single spouse and 2 children( children would be replaced by dependent parents after a period . So in 1940 ,₹10 /month . In 1960, ₹100/month. In 1980, ₹ 1000/month . In ₹ 2000, ₹ 10,000/month. In 2020, ₹ 1,00,000/month. So if anyone of you have read till this , here comes the scary part first we get the figures from historical data and if you check the inflation is calculated at 12.2% p.a through out the perio. So in 2040 , at the same rate we will need ₹10,00,000( 10 lacs)/ month ….and by 2060 , its ₹1,00,00,000( 1 Cr)/month. Yes it looks so stupid but think about it you are living 1940 needing only ₹ 100/ month , can you imagine that at 2020 you would require ₹1,00,000/month… no right. But that’s the fact…. For the skeptics inflation is not only the CPI or WPI that the government is showing , its also that with time we have stated buying lots of things , like mobile, laptops, iPads, buying more than one car, bikes, foreign trips, getting a pet, changing TVs every 2-3 years , impulsive online shopping.. All these add up to actual inflation… I hope these findings will give a new dimension to discussion

    • @saptorshimukherjee4304
      @saptorshimukherjee4304 Год назад

      I also welcome others adding to the discussion too. Together we might just find a workable solution

    • @saptorshimukherjee4304
      @saptorshimukherjee4304 Год назад +3

      One of the solutions could be to invest on a high return (15-18%) index fund. I will work with the various index fund and create various excel sheets for all you you to consider

    • @praneethnaidu9620
      @praneethnaidu9620 Год назад +2

      @@saptorshimukherjee4304 You''re right, I was wondering about what'll happen if we factor in Inflation. 12% seems high tbh but if we consider other factors like healthcare, transport etc, it seems correct.

    • @saptorshimukherjee4304
      @saptorshimukherjee4304 Год назад +1

      Also don’t just watch financial videos and forget it. Work out few excel sheets , do deeper research , use you own situations and analyse the working. I think the entire objective of Mr. Warikoo’s videos is not just entertainment of knowledge but to find your own Epic Shit.

    • @chandrashekar013
      @chandrashekar013 Год назад +3

      Yes the inflation would eat away most of the corpus.. but comparing today's rates with 1940,1970 might not hold good for future.. kindly check the FD rates before 1990 .. and check the same now.. the inflation will slow down as the economy matures..Doesn't mean it will just go in the downward there might few spikes here and there but overall trend will be inflation will be less than what it is today provided we mature as an economy

  • @maheshdube1765
    @maheshdube1765 7 месяцев назад

    सर आपने तो संदुक ही खोल दिया बहोत जबरदस्त

  • @AstaKristjan
    @AstaKristjan Год назад +403

    Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.

    • @IrenaDolinsek
      @IrenaDolinsek Год назад +2

      Big moving stochastics are not the secret to high returns. It involves controlling risk in relation to reward. Putting on the proper size and spinning your edge as many times as required to achieve your objective. That is valid for both day trading and long-term investments.....

    • @Erinmills98
      @Erinmills98 Год назад +2

      @@IrenaDolinsek I've been able to scale from $50K to $189k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns.

    • @simonbad
      @simonbad Год назад +2

      @@Erinmills98 Who is your financial coach, do you mind hooking me up?

    • @Erinmills98
      @Erinmills98 Год назад +6

      @@simonbad I happen to know Michelle Christine Parker, She has been my fin coach since 2018, no major losses has been recorded. Totally recommend her too.

    • @simonbad
      @simonbad Год назад +2

      @@Erinmills98 Thank you for this! Really appreciate.

  • @sanjibchakrabortymotivation
    @sanjibchakrabortymotivation 17 дней назад

    Thank you dear sir

  • @TrevorBastille
    @TrevorBastille Год назад +925

    In order to stay afloat in this current market. It is only smart to have a plan for your finances. I invest with a portfolio manager in the USA. The fixed income portion of your portfolio won’t simply serve as a buffer to the volatility of the equity portion but will generate legitimate income.

    • @JingChen-jz3ih
      @JingChen-jz3ih Год назад +1

      A lot of people downplay planners role, until burnt by their mistakes. I remember just after my layoff 3 years ago amidst covid outbreak. I had to stay afloat, hence researched for licensed fiduciary advisors. Thankfully, I came across someone of practical knowledge and decades of experience. My stagnant reserve fund of $225k has yielded nearly $1m after subsequent investments so far.

    • @JingChen-jz3ih
      @JingChen-jz3ih Год назад +1

      *After my extensive research, I settled with Finance guru Mr. Chris Ryan Stewart.*

    • @JingChen-jz3ih
      @JingChen-jz3ih Год назад

      His strategy is recession proof, more specifically profit-oriented and most likely you’ll find his basic information on the net. He is a very well know fund manager.

    • @PetShmidt
      @PetShmidt Год назад

      I’m very well inclined with Chris’s Platform. I have turned over more than half a million working with him on a very wide array of options and finally sticking to a few that have been favorable in the past 2 years.

    • @StellaAlmiron
      @StellaAlmiron Год назад

      Who is this investor you speak of? Does he have a contact?

  • @farhanm1886
    @farhanm1886 9 месяцев назад +1

    Hi Ankur, Thanks for this amazing video again. I am sure many people will get inspired by showing such facts for at least start saving and investing. I just want to request or may be want to ask you to please also consider the Income Tax always while giving such amazing tricks of savings and investments. I am sure the Income tax takes out a major chunk from our investment gains, so please consider the taxes in these calculations always so as to arrive at the net figures. Thank you!

  • @lawrenceHart-ys2ct
    @lawrenceHart-ys2ct Год назад +407

    Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.

    • @merlinfitz
      @merlinfitz Год назад

      Sincerely it's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.

    • @ChristopherHoward-kf7yk
      @ChristopherHoward-kf7yk Год назад

      Very true, people downplay advisors role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license advisors. Thankfully, I came across someone of practical knowledge, and decades of experience, my stagnant reserve of $325K has yielded

    • @lawrenceHart-ys2ct
      @lawrenceHart-ys2ct Год назад

      @@ChristopherHoward-kf7yk How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

    • @ChristopherHoward-kf7yk
      @ChristopherHoward-kf7yk Год назад

      There are a lot of independent advisors you might look into. But i work with “Christine Ann Podgorny” and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her👍

    • @lawrenceHart-ys2ct
      @lawrenceHart-ys2ct Год назад

      I curiously looked up Christine Ann Podgorny online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals.

  • @CRUNCHYTRAVELERS
    @CRUNCHYTRAVELERS 9 месяцев назад

    This is actually brilliant.. I calculated 20k monthly investment for 15 months. It will become 1 crore. Out of that 50 lakh divided by 8 years is approx 52k per month available spare and remaining 50 lakh invested furthed. Criteria is not just to invest 50k if not available. Lower amount as well could help get more later on .

  • @YajurBawa
    @YajurBawa Год назад +48

    A slight iteration to this- Once you do 50-50, barring some emergency fund, reinvest the expense bucket as well (in a safer index) and create an SWP plan for it. That ways, your money grows in both the buckets

    • @SandeepNayak25
      @SandeepNayak25 Год назад +1

      I second this

    • @religionofpeace782
      @religionofpeace782 Год назад +4

      Better would be, don't do an swp. Instead redeem money for the total month whenever the market is at a high during the month. Setting a fixed swp date may withdraw money at a lower market level during the month.

    • @amanchaturvedi6365
      @amanchaturvedi6365 Год назад +1

      I am doing SIPs but what is SWP?

    • @jayantachakraborty4915
      @jayantachakraborty4915 Год назад

      @@amanchaturvedi6365 Systematic Withdrawal Plan

    • @chetansamarth9035
      @chetansamarth9035 Год назад

      Systematic Withdrawal Plan@@amanchaturvedi6365

  • @thevineetmishra226
    @thevineetmishra226 Год назад

    I am also on my Fire journey from few years and I follow mr money mustache who is the god father of FIRE concept.

  • @rexmagar544
    @rexmagar544 Год назад +29

    1 hour video into 13 min. ❤
    Thank you sir.
    I can't invest such an amount but I'll start right away. Something is better than doing nothing. ❤

  • @coolm1977
    @coolm1977 11 месяцев назад +1

    Many thanks for the video,
    inflation should also be considered cause 1 CR in 8 years will be much less in value. Average inflation, every year is 6% on average, so 12% return on index funds will be net 6%. To keep year return of 12%, one needs to get return of 18% to negate inflation.

  • @Bollywoodwater
    @Bollywoodwater Год назад +3

    Excel sheets are best to understand the concept but sir u should make video on poverty trap and those who are struggling getting out of poverty 💰💰

  • @byushaan
    @byushaan Год назад +9

    Sir, also tell me about taxation on this income. This will give a better way to judge, nd also thanks for this wonderful information. 😊

  • @tashilhamo6381
    @tashilhamo6381 7 месяцев назад

    Your videos are amazing.......our market and opportunities are very lesss... sad i cannot follow your instructiins despite having a very string desire and determination to do it....

  • @akshatsharma2064
    @akshatsharma2064 Год назад +10

    Real life does not work (cannot be calculated) on Excel sheets which follow petty arithmetic formulas, its very unpredictable and dynamic. I hope YT Finfluencers realise this some day.

    • @xenon522
      @xenon522 Год назад

      True

    • @darshankm1897
      @darshankm1897 Год назад

      Correct

    • @TheCuriousCurator-Hindi
      @TheCuriousCurator-Hindi Год назад +1

      He is making money making videos and he understands.

    • @modellocomotiveworks2215
      @modellocomotiveworks2215 Год назад

      He too understand this.
      Why don't think in alike manner while buying a smartphone, or anything which is out of one's means.
      Actually these are just excuses to avoid financial planning.

    • @nitinborkar7319
      @nitinborkar7319 9 дней назад

      He has made a mention of that at the beginning of the video....what works for you might not suit me & like wise

  • @rsjmt2
    @rsjmt2 11 месяцев назад

    Sir aapka samjhane ka tarika bahut accha laga

  • @SuperRakeshsolanki
    @SuperRakeshsolanki Год назад +38

    Excel dekh kar lag rha hai me to marne ke bad bhi retired nahi ho skta 😂😂😂

  • @PramriDesigns
    @PramriDesigns Год назад

    I use to see you in ads and keep on ignoring from last 2-3 years but first time I watched your video and watched this video till the end.. very informative..

  • @mohdtabrezalamify
    @mohdtabrezalamify Год назад +4

    This is good about you , you are honest n genuine

  • @rahulsrivastava2817
    @rahulsrivastava2817 Год назад

    Ghuma fira k same video, kisi ko early retirement mile na mile Ankur sir ko jo chahiye wo mil gya

  • @japsinphilip4608
    @japsinphilip4608 Год назад +4

    Hi Ankur.. what are the items in "expense"? Are these pure expenses like food, consumables, Maid payments, Children school and other expenses excluding the below?
    1. Loan EMI
    2. SIP
    3. Tax saving investments
    4. Rent

    • @raj6818
      @raj6818 Год назад

      Same question

  • @mitanshusharma5944
    @mitanshusharma5944 11 месяцев назад

    Superb explanation, it would require lot of hard work to explain such financial aspects. Thanks a lot

  • @lakshnaramesh9733
    @lakshnaramesh9733 Год назад +9

    6:12 A retirement corpus of 1.60 Crores after 12 years will only worth 70L in todays term, considering medical expenses; "yearly once" travelling with friends or family if we calculate then this corpus we worth less than 45L is todays purchasing power, which i think is pretty less to even think of financially retiring after 12 years. If we start investing as Warikoo said @23 years y.o, which is a early phase, after 26-27 y.o we have to spend money on wedding; at the age 28-29 we have to spent a ton of money for our child (assuming 1 child conservatively), so there are still a lottt to add on before making any financial planning, not just income, expenses, savings, investment & annual expenses × 25 formula
    So forks, be a realistic person, avoid being soo optimistic everytime

    • @prasadsheth
      @prasadsheth Год назад

      And also house purchase. Assuming 75 L house with 20% Down-payment is 15L straight demand. To fill this void will take time to refill

    • @pranavkalra3397
      @pranavkalra3397 Год назад

      Why is no one considering these points and conditions? It is absolutely crazy to see people blindly believing anyone today. Everyone, @lakshnaramesh9733 has described quite well here, try and be more aware and learn from reliable sources and people who know their subjects.

    • @MrDumdon
      @MrDumdon Год назад

      What he says is after having that money , you no longer work for money. You can do a job which you enjoy, rather than working in a job you hate and working only for money. If you are working in a job which you are enjoying and getting money also then no need to think about FIRE.

    • @jaijagannath
      @jaijagannath Год назад +1

      Inflation never going to touch more than 10% unless any war happens if your inflation go High index fund move faster than any salaried employees government or private
      Inflation is going High means ur spending in some company products that is going to rise company business and also return
      Another is kids marriage it's upto you how ur doing marriage if u want do marriage like Ambani kids then earn like Ambani
      Ok
      Once you reach 1.5cr 12 years at age 35-40 this is the very young age
      All star celebrity business u r following Ambani adani making money working more than u taking more dicision and managing whole nation
      They are thinking we have whole world money in their pockets even after their death
      Virat Kohli Ronaldo they have more money than you why they are not sleeping at home
      So why ur hesititang for doing work
      Work upon urself
      First investment is in ur self
      Highest returns u will not get from any stock market even u become Ambani having industry
      Make first investment upon your self that u should not complaint to work love your work
      .
      Work upon ur pschychology
      Thought process
      Diet
      .
      Do exercise
      Learn from book
      Do yoga

    • @lakshnaramesh9733
      @lakshnaramesh9733 Год назад +2

      @@jaijagannath Man i just mentioned marriage expenses,just coz i mentioned that it doesn't mean we r speaking abt the celebraties type marriage expenses, we are taking a decent conservative marriage expense of 15,00,000, please say this is big one, you would agree with this if u r married & lives in metropolitan cities, if not agreeing i can confirm u live in outskirts or high dense forest like area, where marriage expenses can be covered under what i mentioned, and one more expense is child's education expenses which atleast cost somewhere b/w 1.5 lakh to 2 lakhs for 12th grade, which is growing at the avg rate of 15% per annum speed, & sudden medical expenses which can break ur entire corpus of 1.5 crs, even if you say insurance i won't agree with that, coz Warikoo didn't even mention insurance cover expenses of 15K × 3= 45,000 (Husband; wife & 1 child) and parent's insurance cover is extremely high which would cost around 30,000× 2 = 60,000 bare min (Father & mother)
      Taking abt inflation the inflation which the govt claim now is just like part of actual real inflation which would be min of 12-14% : Medical expenses: 14% CAGR in past 5 years; education expenses: 16% CAGR in past 5 years (Metropolitan cities), so inflation of 5.5-6% which govt is declaring now is NOT the real inflation, i don't think u r from finance background, i am from finance & economics background so i am familiar with all these terms, it's u who blindly believe in the inflation which is declared by govt without considering the actual expenses of what really undertaken in ground level.

  • @MsJugunu
    @MsJugunu 9 месяцев назад

    I wish I had known this earlier. In my last 7 years of job, I have not saved or invested as much as I should😢. Going to change now

  • @sandipankhan1994
    @sandipankhan1994 Год назад +34

    I am working for money but I am also enjoying this journey. I don't want this to stop. I don't want financial freedom too. I love more time for me which I get through my job presently. I save and also invest some part too. I am loving it. ❤

    • @fightstressdepressionwithm3934
      @fightstressdepressionwithm3934 Год назад +10

      You will feel a lot differently after few years. Time change people change opinion changes

    • @rohit_rds
      @rohit_rds Год назад +1

      Exactly nice reply

    • @sandipankhan1994
      @sandipankhan1994 Год назад

      @@fightstressdepressionwithm3934 It is my opinion, if you love your job and workplace but don't care about what people will say or what will happen to me in future, you do what you love, then money is not a problem. That becomes secondary. Happiness comes from within and Financial Freedom cannot give you happiness. If that would have been so, there will be crores of people in our country happy because they already have that much amount of money to live a satisfactory life.

    • @helloUser12373
      @helloUser12373 Год назад

      @@rohit_rds Please explain bro.

    • @saurabhkant_official5226
      @saurabhkant_official5226 Год назад

      Kon sa aisa kaam kar Raha Bhai Jo Etna khush hai 😂😂😂

  • @souravdas-sp1ih
    @souravdas-sp1ih 10 месяцев назад

    Great video....but apne tax deduction k bare me bataya nahi..
    How much to pay after 12 year

  • @h2hdecor876
    @h2hdecor876 Год назад +21

    Sir ji es sheet me ek bahut he basic galti ki gai he..
    1st Mistake: Assumption that the expenses of 50K will remain same for next 25 Years
    2nd Mistake: Assumption that the money value of 50K will remain same for next 25 years
    3rd Mistake: There is no provision of any emergency fund for any XYZ emergency
    Agar aap enko consider karoge to at least 50K ko 10-15% ke rate se badhaoge for 25 years as you have to understand that when the time will pass, your family will also grow, you will have kids they have to go to school so 50K expenses will no longer be 50K, it can become 70,80,90K after 5 or 10 year.. forget about 25 year it can become double or triple by that time.

    • @hs6910
      @hs6910 Год назад +3

      process pe focus karna hai mostly, hopefully the yearly hike would take care of bridging the expenses, and keeping us consistent with the amt we can and would invest. Similarly, the investment returns would also not be constant at 12% but we can always look at the spreadsheet, and keep changing the new income, new investment amount and look at the new year for our financial freedom.
      Ankur said ki ye spreadsheet pe work karega but not necessarily in real life, but we can keep it for an idea for what our financial freedom would look like

    • @lakshnaramesh9733
      @lakshnaramesh9733 Год назад +1

      After 25 years if u consider average increase in retailers (WE) will be 14% (Currently), even if u consider 12% per annum increase in daily basis expenses. Calculating the price of a good which now worth 100rs will be approx 1980rs after 25 years assuming increase in price of goods & absolute necessaries to go up 12% per annum

    • @vikasp5161
      @vikasp5161 Год назад +2

      7:36 amount available for spending per month keeps increasing in every 8 year cycle. Agree with you but it will require a video with more complicated withdrawal plan.

    • @cavishaljain7458
      @cavishaljain7458 Год назад +2

      Capital gain tax he forgot

    • @ramjigames
      @ramjigames Год назад +2

      The catch is to encourage saving and try to adopt a vision. If you have your own vision and know what you are doing. Maybe you would not be here.

  • @MilkiyatShababHassan
    @MilkiyatShababHassan 6 месяцев назад

    You really did a supporting work to guide people.

  • @imanjohn9228
    @imanjohn9228 5 месяцев назад +9

    Seek jesus christ 👑,the truth shall set everybody free

    • @Godenru
      @Godenru 2 месяца назад

      😂

    • @vivekpmc1992
      @vivekpmc1992 2 месяца назад

      And give all your savings to us , for you Jesus is there!!

  • @keyhuman
    @keyhuman 10 месяцев назад

    U got new subscriber for being realistic. Thanks

  • @devkripabanerjee
    @devkripabanerjee Год назад +3

    A huge fan of you sir. keep the good work up. One question hai what will be the tax implication and after dividing the corpus into 50: 50 the 50 % if we do an auto sweep and do an sip for 8 yrs will it be a good idea?

  • @aizazahmad01
    @aizazahmad01 6 месяцев назад

    Thank you for sharing this valuable information to all. Hope everyone will get benefitted from it.
    The only thing is I am thinking why to withdraw 50% money at once for the expenditure of 8 years. Instead, we can withdraw the money required for 1 year so that the remaining money keeps on growing.. next year again we can withdraw the money required for 1 year.... I think this way, money will multiply more and will generate greater number. Please put your thought @Ankur Warikoo sir.

  • @varun1505
    @varun1505 Год назад +15

    I love these excel sheets you make Ankur! I have at times spent hours playing around with the numbers in it just to see outcomes 🙈
    But something that might be worth talking about in your next one is the tax one might have to pay when they withdraw their savings?
    I know it can get complicated, but maybe a simpler average tax kind of a calculation might be helpful! :)

    • @PollyandPapa
      @PollyandPapa Год назад +2

      uske baare mein koi baat nahi karta....these are good to watch but lot of factors varies person to person

  • @Football_possessed
    @Football_possessed 23 дня назад +1

    THNX

  • @Fz6769-j6p
    @Fz6769-j6p Год назад +7

    Meri toh salary hi 20k hai 😂 shayad 200 saal mai retire hojaunga mai 😂😂😂

    • @payal425
      @payal425 4 месяца назад

      Same bro 😢

    • @bikighosh2459
      @bikighosh2459 3 месяца назад

      😂 same to bro

    • @rajarshibhattacharya5192
      @rajarshibhattacharya5192 27 дней назад +1

      bhai to jaake apni income badhao comment section me kyun apni loser giri dikha rhe ho😌

    • @hhandy6566
      @hhandy6566 3 дня назад

      Bhai tu rehne de phir 😂😂

  • @ashokkumarmittal7251
    @ashokkumarmittal7251 11 месяцев назад +1

    This only looks good on excel.

  • @RyanContreras72
    @RyanContreras72 Год назад +9

    I began my investment journey at the age of 33, primarily through hard work and dedication. I am to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity..

    • @PhilSommer2
      @PhilSommer2 Год назад

      Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields...

    • @KatherineAnderson-lm8bw
      @KatherineAnderson-lm8bw Год назад

      This is superb! Information, as a noob it gets quite to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?

    • @RyanContreras72
      @RyanContreras72 Год назад

      Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $500k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.

    • @brittanynicolette9473
      @brittanynicolette9473 Год назад

      wow that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

    • @RyanContreras72
      @RyanContreras72 Год назад

      My advisor is *Nolan Velden Brent* , a renowned figure in his line of work. I recommend researching his credentials further. He has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

  • @kishank21
    @kishank21 6 дней назад

    Sir , plz mention income tax calculation along with your amount calculation for clarity

  • @AshishGupta-fh9ne
    @AshishGupta-fh9ne Год назад +5

    Hi Ankur, I have been following your videos to save and invest in India, One year back I moved to Canada and saving and investing is a little different here. I would really appreciate if you can cover few aspects of Investing in Canada or America in general. It would really help me and others like me.

  • @rajpadaliya-sj4xt
    @rajpadaliya-sj4xt 6 месяцев назад

    Very well explained…. However, i feel 8 years of SIP doesn’t make good money (no compound effect) Instead of splitting 50-50 after 8 years just wait for 15 years and get the best return. Of course depends on person to person (age, financial stability, life goals, ghar, children sabpe depend karta hai)

  • @shekhar436
    @shekhar436 Год назад +5

    What about capital gain taxation ? there was no calculation/deduction for it in Excel ?

    • @VivekShuklabiku
      @VivekShuklabiku Год назад +9

      Most of his content is purely focused on Optimistic approach not realistic !
      Most of his content now is clikcbaity !

  • @neerajsaxena
    @neerajsaxena Год назад +1

    The influencer who preaches not to get influenced easily. Excellent video, everyone should follow the steps.

  • @sumanari4116
    @sumanari4116 2 месяца назад

    This is very simplified calculation.

  • @Vihaan04
    @Vihaan04 Год назад +3

    Awesome video ❤❤, thankyou so much for explaining retirement in very simple way... 😊😊😊.
    I also want to take retirement from my 9am-6pm job early and work for my passion.
    I am 38 years of age now.
    Sir also answer my one question: how and from which platform we can start our Nifty MF SIP?
    - Sunny

  • @NeerajSharma-ql8wh
    @NeerajSharma-ql8wh Год назад

    Kitna acha lghta hai ye sab excelsheet m realitY🥺

  • @mikaelrutherford1507
    @mikaelrutherford1507 Год назад +3

    If you wanna be successful, you must take responsibility for your emotions, not place the blame on others. In addition to making you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life...

  • @4xtrading555
    @4xtrading555 9 месяцев назад

    Mene 22 se 38 tak time loss Kiya lekin abhi 39 se 49 tak me free. Thank you big brother

  • @aasifsayyad1867
    @aasifsayyad1867 Год назад +4

    Why u not retired yet???😢

    • @confidencial5927
      @confidencial5927 Год назад

      😂

    • @ShivamRajputttt
      @ShivamRajputttt Год назад +2

      Retired ho gya to logo ko chutiya bana kr apna course kaise sell karega 😂

    • @aborsai1073
      @aborsai1073 Год назад

      @@ShivamRajputttttereko kya problem hai

  • @ridetodestiny
    @ridetodestiny 5 месяцев назад

    @warikoo 50-50 split jo monthly expenses ka part h uska hum SWP kare to jada beneficial hoga, expenses k lye monthly withdrawal + Plus return.

  • @JayanthiHUB
    @JayanthiHUB 6 месяцев назад

    Super explanation Ankur garu.I am fan of ur vedios

  • @nonexistenty4152
    @nonexistenty4152 3 месяца назад

    Another amazing video by Sir Ankur 🙂🙏🏻☺️

  • @johnharbartduhlian6126
    @johnharbartduhlian6126 5 месяцев назад +1

    Why don't someone buy dividend giving stocks and invest around 50 lakhs. It will give around 2.5- 3 lakhs quarterly, in a month 1 lakhs ho jaiga.

  • @rahulsaxena4478
    @rahulsaxena4478 5 месяцев назад

    Sir, expenses and tax will crop the return amount. Investor should aware about that before taking any decision.
    Well thanks for sharing your knowledge.. Kudose🎉

  • @kutub52
    @kutub52 11 месяцев назад

    Brilliant direction from this video

  • @hiteshmahawari
    @hiteshmahawari 9 месяцев назад

    Stunned.... Just stunned and amazed

  • @santhanakumarmurugaiah8241
    @santhanakumarmurugaiah8241 6 месяцев назад

    Sir, it was really helpful! Could you please mention the tax deductions !

  • @AshutoshYadav-rf4gq
    @AshutoshYadav-rf4gq 11 месяцев назад

    What about:
    1) inflation post 12 years and leaving job? The 83k per month that time may not suffice for someone with 50k expenses right now.
    2) nifty index 12% will keep falling as country develops. US index funds barely give 3-4%

  • @veenuv1803
    @veenuv1803 6 месяцев назад

    Ankur, nice simulation of finances however one important thing missing is the tax components which almost 30% to be negated..do share the calculation with taxes inbuilt

  • @atrsharma2502
    @atrsharma2502 7 месяцев назад

    Wohi toh..sir. Salary bhi waise badhni chahiye na tabhi toh investment bhi badega. But yeha toh usiki ki Kami hai.. log expectations jyada karte Hain par milta kuch nhi..in terms of Salary. 😢

  • @deception6666
    @deception6666 Год назад

    Sabse badi problem Ghr khareedna hi hoti h...
    It takes everything

  • @waqasijaz4107
    @waqasijaz4107 5 месяцев назад

    Love from Pakistan ❤❤❤ this video was really informational.

  • @shaileshmalushte1999
    @shaileshmalushte1999 Год назад

    Explained with great ease

  • @rajashriekatpure7034
    @rajashriekatpure7034 3 месяца назад

    Instead of 50-50% of using money and investing 50%for 8 years
    We can take out money for just one year like 50% usable money/8years =6.25% of total 100% retirement amount and rest again into investments.
    This way we will get more money.

  • @manojchoudhary948
    @manojchoudhary948 9 месяцев назад

    Sir please make a vedio. How much should we have Savings account and how will we manage own Bank Account with our savings and expenses.

  • @karan9036
    @karan9036 Год назад +2

    Hi ankur, I think you need to consider
    1. inflation as well, as the Compounding will be huge impact as per the duration.
    2. investing harvesting for saving tax.

  • @akj2002
    @akj2002 11 месяцев назад

    Great video. One suggestion though. The 8 year fund for expenses will be lying dead for 8 years? Isn’t it better to go with Systematic Withdrawal Plan?

  • @somnathrai8836
    @somnathrai8836 8 месяцев назад

    These types of idea while listening sounds good but A to Disclaimer only you are reaponsible for unpredictble things.....

  • @IsmailKhan-eo6tz
    @IsmailKhan-eo6tz 8 месяцев назад +1

    Sir after reaching 1.5 I heard inflation charges lagajaynge tab 50 lakhs hi ayngae

  • @priyansupanda4835
    @priyansupanda4835 Год назад +2

    taxations are not covered during rebalancing or selling. The calculation requires to estimate taxes for accurate investments. For example when 1.6 cr was withdrawn it will attract 10%+cess as income tax. When the 50% is kept for 8 years of expense, thus corpus is again attracts short term capital gains (on debt), which means it will be taxed at 20-30% tax rate. The rest invested on equity will also attract taxes. Its better to not sell and manage the funds by limited selling than just selling every 8 years. In this approach the funds will exhaust(by taxes or inflation) by 20 years horizon.

  • @hometime9023
    @hometime9023 7 месяцев назад

    Warikoo way to go for life👍

  • @RajeshGaddipati
    @RajeshGaddipati Год назад +1

    Thank you for teaching this on the internet and not in college establishments.

  • @anshulchopra46
    @anshulchopra46 11 месяцев назад

    Superb explanation 🎉❤

  • @anmolgurung3661
    @anmolgurung3661 11 месяцев назад

    That's a good approach sir but I have one question.
    What about the inflation? That's not kept in mind when calculating all these😅

  • @Harshal_Makwana
    @Harshal_Makwana Год назад

    This was a great video Mr.warikoo .

  • @roshandas8207
    @roshandas8207 10 месяцев назад

    This guy is diamond ❤

  • @theglobaltruthseeker
    @theglobaltruthseeker Год назад +1

    This will work... till the market crashes and India goes into a recession. The fact that India will have a major recession after it becomes a major economy is also backed by data.

  • @subhasishdas8364
    @subhasishdas8364 3 месяца назад +1

    Har waqt sir app 1 lakh kamane walo ko ya 50k kamane walo ko lekar video karte hain...hum gaun ke rehene Wale Jo 20k mushkil se kamate hain app unke liye Kia suggest karoge? Kaise itna bara bara sapna hum dekhe? Piz sir tell us tips... thankyou sir

  • @kishankalariya
    @kishankalariya Год назад

    We have also responsibility called buying home which is around 60 lacs and car which cost 10l

  • @devrajbakshi8386
    @devrajbakshi8386 11 месяцев назад

    If we directly invest in Share Market then what will be return ?
    Adani Enterprises
    Suzlon
    MRF
    Ultracement
    Tata Investment etc

  • @rameshkumar5564
    @rameshkumar5564 Год назад

    Great explanation 👌 👍 👏 thanks sir 🙏 👍 👏

  • @dineshhangal3894
    @dineshhangal3894 Год назад

    Thanks for the guidance 🎉🎉

  • @mintexenterprise
    @mintexenterprise 10 месяцев назад

    Can you tell me what to do in order to make money