Minimalism is the mantra …. One does not need so many things that we imagine we need , when you retire. The point about simple lifestyle resonates with me … our children may emulate this in their lives as well.
@deorishitripathi3537 ай бұрын
Fully agree, I have been doing these for last 30years back and today at 67i m very happy retired life with lots of money flow.
@sanjaytyagi18137 ай бұрын
Appreciate. I agree to most of them, especially the child education and inculcating values in kids instead of overspending on their education.
@somashekarthm6 ай бұрын
Sir, Very true points Iam a self employed, Iam 61 yrs of age all most all points are same as experienced by me my children are well educated and settled in life and Proud of myself, right from the age of 45 yrs I used to discuss these points and discuss with my friends helping them in financial planning , especially SIP , Mutual funds RDs and some portion in life insurance Many thanks for your beautiful and easy understanding words used God bless you Sir Best regards, Somashekar, Chartered Engineer.
@nirmalyaster6 ай бұрын
While today's kids are devoid of any financial, cultural or religious values - everytime I hear your advice, it brings positivity and respect. Thank you for sharing your knowledge.
@drrkgupta28427 ай бұрын
Very valid points, explained nicely. Thank you.
@punver797 ай бұрын
I am so confident of your content quality that I like first and watch later.. thank you Dr. Bhatt..
@rathinakumari51897 ай бұрын
Excellent advice sir... especially on children education and enhancing lifestyle...very true
@karalworld5 ай бұрын
Excellent advice 👌 I agree with your views. I am already following a few steps from your advice. Now, it gives me the confidence. I am planning to make self-correction in my financial portfolio, like - Buy insurance for a home loan. - sell my car( liability) to pay (partly) my home loan. I have managed 10-12 lakhs for child education. Now, my full focus is on building a retirement corpus. Hopefully, I will save enough money for a peaceful retirement life. Thank you 🙏🙏🙏🙏
@sabysreya7 ай бұрын
100% agreed on your 10 points for 45-55 years!! Basically most of the parents take pressure and pride in spending money on kids education ignoring their retirement which really creates a stalemate situation if kids decides to pursue higher studies or didn’t contribute back to the parents when they need. Instead I agree we should never even put them on that situation. Wise decision is to encourage student loan!!
@ozmattstechnologies5346 ай бұрын
Excellent points! Everyone can have a level of financial stability with the right information. This is one subject that school will never teach you.
@Minimalism-John5 ай бұрын
Thank you for sharing your wisdom, I just turned 45, this is so timely for me.
@Audacityoffaith7 ай бұрын
Such a powerful video packed with wisdom, thanks so much sir, I'm entering into that age bracket very soon, luckily i have been taking many wise steps over the years but there's always room for improvement, it's a shame you are not in my country, i remember sending a whatsapp message to the number provided sometime last year and i was told you can't render any service to me because of my location, thanks all the same, God bless 🙏🏾
@thirumalrao3766 ай бұрын
All points are absolutely practical n relevant. In fact just not technical areas even emotional mistakes n carry forward effects on kids is well articulated ❤
@achthegreat6 ай бұрын
This was truly a fantastic video, to introspect, prioritise and plan. All points are important to analyse. The 3 consequences on the life style upgrade was brilliant.
@salmaabdulmajeed98887 ай бұрын
Hallo, I am in your age bracket and Absolutely agree with your views.
@shanthgupta6 ай бұрын
Point 10) is awesome, never thought about the three parts of upgrading lifestyle.
@harishbabu40347 ай бұрын
Very valuable advice. The points are most relevant. An expenditure you have left out is daughters weddings. I am forwarding this to all my friends and relatives under the age group. Thanks once again for imparting this knowledge .
@debjani02226 ай бұрын
So grateful sir. Amazing topic. This is perhaps one of the best videos i have seen in my life. I will leave 🙏🙏🙏 for you.
@chandrashekarbk0077 ай бұрын
Sir, you opened my eyes, I am still in the age of 41 but its great input for better planning 😊
@arunsharma-zu5dc5 ай бұрын
Reading about this had been there but felt nice n knowledgeable listening such video first time. Thanks
@srinivasulusoma77087 ай бұрын
Very good suggestion to the age group of 45 to 55 for their financial planning
@sps67 ай бұрын
These must be thought in companies for senior personnel… many companies would love someone like you to guide their senior personnel
@brbabu687 ай бұрын
Excellent views very useful and need to be necessarily followed few of the points which I already realised and practicing having a real look on my portfolio is an essential one thanks for this
@bbiswas727 ай бұрын
Absolutely agreed with your 10 points & real facts are articulated.. Thanks lot for sharing this useful information
@manepallyvijay18277 ай бұрын
Eye opening. Interesting. Thought provoking. Tq.regards.
@sridarank16617 ай бұрын
Dear Dr. Bhat, I feel 49 years should be an upper limit for such retirement planning. Some insurance policies can not be planned/ are not available at the age of 50. In the present scenario, a decent earning (to save some money) starts late at the age of 35 and due to the fast changing technologies it ends very earlier by 45 -50 itself. After 50 yrs, instead to climb up the hierarchy, people face many challenges, even to retain their existing positions in-spite of upgrading their skills in private companies and for professionals - - - you should be knowing that
@binoymathew91957 ай бұрын
Well covered ❤ Thanks for the checklist. Very useful information
@ppk2937 ай бұрын
I totally agree with you and fortunately I have already followed what you have suggested ,thank you so much sir for your valuable advice
@abdurhmanwariwo65576 ай бұрын
thank for nice education and reminder of life. I have never tried to plan it for th future. Maybe my relgious also infulences me. I will keep watching your tutors
@SurajSharma-vh3br7 ай бұрын
I love watching your videos. Just that I am neither an NRI nor a HNI.... Great channel!❤
@umashankarkolhe14696 ай бұрын
Excellent !!! Appreciable thoughts for all practical purposes!
@vpbalasubramaniam85857 ай бұрын
Sir, very well covered. I am 52 now and happy that i am doing atleast some excercise which is mentioned in your lecture. The highlight i marked is top up health. insurance.
@pijumedhi4 ай бұрын
Excellent one ... I am an IT guy coming from a middle class family background... almost completed 25 yrs of services... Now at 47 , planning for future retirement planning ... your idea as described over the video definitely helped a lot... Thanks
@NRIMoneyClinic4 ай бұрын
Thank you very much for your feedback
@ManojKumar-ub4lw2 ай бұрын
Very informative and relevant points covered.
@balwantmadiwale63147 ай бұрын
Yes I agree with points.
@ragus14167 ай бұрын
You are spot on. Most of the points you mentioned are all very much valid - especially the last two points.
@manepallyvijay18277 ай бұрын
I agree all these points .it gives a direction who r at cross roads.
@ashokdamodaran95607 ай бұрын
Excellent pres 20:06 entation sir, Im doing something for long time and happy to see many of the goals and action items are covered. My view is emergency fund and child marriage also important which we need to plan. Im sharing my view, pls correct me if im wrong.
@meenakshishriram26827 ай бұрын
First I thank you so much for the presentation for this age group, not everyone is knowledgeable about finance handling at the age of 50 plus few NRI would have not done anything can you please make some presentation for them separately sir ji.Thanks in advance 🙏.
@sandeep_jagadeesh7 ай бұрын
Thank you so much for this video. Even though it all sounds very basic, what you hsve done is consolidated as a checklist for us. Thanks again.
@pulakshah86556 ай бұрын
Nice explanation. We middle class family members in same situation
@shankart51917 ай бұрын
Bhat Sir , super agide video . This is Very Informative and valuable suggestions!🎉🎉
@faizqureshi10666 ай бұрын
Excellent video, Also please make a video on managing property from abroad and selling(reoatriating money) or buying property while based abroad.
@fekermedia686 ай бұрын
Really was golden advice so thank you Brother ❤❤❤
@ronaldoyagi80906 ай бұрын
A very resourceful clip. Minimalism. A retiree to advise you on financial challenges at retirement so that you can address them. Have an insurance policy in place. Have a home
@addankisrinivas12406 ай бұрын
Super, point no 10 is very important.
@subramaniumnandha85105 күн бұрын
Excellent information sir
@andyvicky6636 ай бұрын
Excellent video and great presentation
@Sandeep-bg1ik7 ай бұрын
Summary - need a financia! Advisor!!!
@biswanathrao28456 ай бұрын
Very very useful and knowledgeable
@1gopalakrishnarao7 ай бұрын
Well explained.... thought provoking....
@onlinealways53057 ай бұрын
Excellent Sir, 10th point is so true
@ahmedashrafbhava8517 ай бұрын
It's a great reminder of retirement plan
@seenaramesh20106 ай бұрын
Beautiful video,a great eye opener
@ultracomfort96026 ай бұрын
Best one, eye opening
@user-hy5ly6ei6t4 ай бұрын
Great 👍🙏😊
@anil12346 ай бұрын
Thanks sir, very informative.
@RajeshKumar-dj1fq6 ай бұрын
I agree with comments, good video sir .
@mohammedkaleem73326 ай бұрын
Most of the time the insurances are found to be the liability than an asset for most commaners except in comparison with the business units owners
@sanjaykoli56476 ай бұрын
Very very good suggestion sir
@girishlokhande88356 ай бұрын
For middle class, at the age 55 he is having house car and other house hold accessories with a bank balance of 30 lacs approx. Now after 58 he wants the same salary to survive. Say 50k. Upto age of 55 he made a lot of fund in share market and other gamling activity. Now health cover of 5 lacs is sufficient. But it is difficult from the fd interest of 24 k manage house expense of 40 k. Mutual funds first earn for them self. After the age of retirement the skills of making money is also down
@Thanksalot247 ай бұрын
So remarkable Sir,Thanks a lot🙏👍😊❤️🌹
@crmohanty7756 ай бұрын
Very nicely explained ❤
@sachinjain90717 ай бұрын
All the points you made are excellent, but you never talked about gold
@gkkrishna96207 ай бұрын
Good advice thanks sir 👍 gkkrish 👍👍
@madhusudanbehera63635 ай бұрын
Excellent advice sir
@meetavyas41037 ай бұрын
Very informative.
@danundisputed31896 ай бұрын
Like the property portfolio rebalancing
@laxmanbandamwar78807 ай бұрын
Best video thanks 🙏🙏
@narasimhakari91667 ай бұрын
Interesting stories.
@getkgp7 ай бұрын
A good teacher
@deepakagnihotri46776 ай бұрын
Beautiful session
@narasimhakari91667 ай бұрын
Great build up
@mdfaiz99587 ай бұрын
Sir, very good content. Q. What is the best way to find a financial planner?
@anilpandey86027 ай бұрын
Wonderfull tips 👌
@cometsyiem47477 ай бұрын
Very helpful 👍
@manjularaj52197 ай бұрын
Nowadays insurance companies keep raising premiums on yearly basis,which makes existing policies unaffordable. Any suggestions on how to manage this crisis?
@diwakarjaiswal82546 ай бұрын
Great info sir
@adityabanerjee71457 ай бұрын
Will contact you and your team for financial advisory services after I work out my current state
@NRIMoneyClinic7 ай бұрын
You are always welcome
@mangalsingrajput62257 ай бұрын
Nicely explained..👌👌
@Eklavvyyaa7 ай бұрын
very well explained 😊
@ravikumarkasturi57336 ай бұрын
Good information
@oflavia29107 ай бұрын
Pls make a video on NRI options to invest in India corporate or govt bonds, modes and mediums, brokers that provide support, documents needed, types of current bonds, secondary market, return potential. Thanks
@jeyanthiskumar57457 ай бұрын
Thank you sir
@ravikr19807 ай бұрын
Child education should be from salary, retirement is based on wealth generated from capital investment we made in 30’s or 40’s.
@yamalakonda7 ай бұрын
Excellent video
@mayarajeev34876 ай бұрын
Spot on!
@kumarkpal33246 ай бұрын
Our children donot want to be burdened with the full mangement of our 2 properties. They do not have time to manage them. What are the thoughts on co operatives or a trust formation please. Life is complex. How to make it simple. I appreciate your assistance Regards kumr
@ahmedmemon77567 ай бұрын
Great video.
@ravidassardar38796 ай бұрын
Yes I agree with you
@csriram85626 ай бұрын
Excellent
@mithunk54737 ай бұрын
Can u do a video on the difference in investing with NRE PIS account and NRO trading for NRI.. apart from repatriation what other advantages and disadvantages....no proper information about this available..
@jeniferfernandes56337 ай бұрын
Thank you so much 👍
@pgbinoy6 ай бұрын
1- Financial advisors sell products created by institutions for a commission. The annualized capital percentage commission is very high. If thy know how to invest properly, they wont work for anyone 2- This guy is trying to create business 3- There is no accountability if the fractional ownership company you invested fail to deliver. Its just like any other business 4- He is correct in investing children's education No one look after your money or asset as you do. so you are the best person. Educate yourself This is my two cents
@sreekalan27385 ай бұрын
Thank u sir
@srinivasanpalani69087 ай бұрын
Thanks Sir. Useful points.
@siphogqaji27925 ай бұрын
I do agree on your explanation,but to us that recieve a small amount 😊😊👏,and I want o resign now at 48 of Age ,is yo 10 advice helping me
@RaviShankar-uk8uj6 ай бұрын
Point No. 9 If we invest on Rental Assets, which can be liquidated ( commercial) eg. for Rs.15Lakhs - getting monthly rent of Rs.8000/-, is it will be better or not. Please suggest.