DON'T Retire Early | Reality of Early Retirement in India Ft.

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INDmoney

INDmoney

Күн бұрын

Пікірлер: 294
@Yellowfeel
@Yellowfeel Ай бұрын
Retirement can be really good depending on how it pans out. The financial market is picking up pace right now and would be beneficial to *RETIREES* but I still think investors should be careful at this time. I’m a newbie in this space, so I’m open to hearing other investors’ take on this.
@mitchellerashica
@mitchellerashica Ай бұрын
I think the market is likely at its best now, but I still believe having a financial advisor is crucial to navigate the market and moderate your risk especially if you’re planning for retirement. Their expertise can really help you make informed decisions.
@RitaMeyers-oc4le
@RitaMeyers-oc4le Ай бұрын
Agreed, I’ve always delegated my finances to an advisor, since suffering major portfolio loss early 2022. I’m now semi-retired and only work 8-9 hours a week with barely 20% short of my $1.5M retirement goal.
@V12Baby
@V12Baby Ай бұрын
Thanks for sharing your experience! I’ve been managing my portfolio myself, but it hasn’t worked out. Can you recommend a standard advisor? I could really use some lead way.
@RitaMeyers-oc4le
@RitaMeyers-oc4le Ай бұрын
My CFA, *Joseph Nick Cahill* is a renowned figure in his field. I recommend searching his name online; you’ll find all his credentials and everything you need to work with a reliable professional. With many years of experience, he is a valuable resource for anyone looking to navigate the financial market.
@V12Baby
@V12Baby Ай бұрын
Thank you for this Tip. It was easy to find your coach. Did my due diligence on him before scheduling a phone call. He seems very proficient, extremely professional and reliable.
@jaiprakashSingh
@jaiprakashSingh Ай бұрын
Many people who think FIRE are not looser, they know meaning of enough.
@maheshmoharir9314
@maheshmoharir9314 Ай бұрын
Absolutely man of sick mentality. He can continue to work even when he is needing bedpan due to old age.
@skkamruddin1499
@skkamruddin1499 Ай бұрын
Exactly! I would rather have a plan to FIRE than none at all...
@benjaminmathew4108
@benjaminmathew4108 Ай бұрын
This guy who is in the interview is a looser..he don’t have a work life balance
@phanindrasrungavarapu
@phanindrasrungavarapu Ай бұрын
I lost money in his weekend investing smallcase, he is not that talented
@bunty1118
@bunty1118 Ай бұрын
Agreed, want to live more , then retire early. You have to define how much is enough for you.
@EliaszPass
@EliaszPass 23 күн бұрын
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family..
@NaufalKnoechel
@NaufalKnoechel 23 күн бұрын
I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks...
@EliaszPass
@EliaszPass 23 күн бұрын
@@NaufalKnoechel Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY* ..
@NaufalKnoechel
@NaufalKnoechel 23 күн бұрын
@@EliaszPass Oh please I’d love that. Thanks!
@EliaszPass
@EliaszPass 23 күн бұрын
@@NaufalKnoechel *MARGARET MOLLI ALVEY*
@EliaszPass
@EliaszPass 23 күн бұрын
Lookup with her name on the webpage.
@Mahesh99777
@Mahesh99777 Ай бұрын
we are not slaves to work for our entire life ...... people who retire early they do know what they want to do but this guy talking in general if he does not know what he does after his retirement that is his problem.
@modellocomotiveworks2215
@modellocomotiveworks2215 Ай бұрын
If a person really knows what to do then he or she will decide not be a slave since very first day itself He will not get into this rate race of high packages . He will choose wisely He will not get fascinated by the attraction of coroporate life and endless game of societal reputation He will measure each aspect not only the financial one Those who cry fire fire should first and foremost accept that they are salve and Only they are responsible for this slavery. Those who have daring and clarity don't wait till 45 or 46 They don't waste their entire youth .
@chaitanyavoolapalli1731
@chaitanyavoolapalli1731 Ай бұрын
​@@modellocomotiveworks2215Perfect
@phanindrasrungavarapu
@phanindrasrungavarapu Ай бұрын
He thinks he know everything
@abhiyou0tube
@abhiyou0tube 27 күн бұрын
The point is after retiring one should do something meaningful, else you lose respect in eyes of your friends and family. In the retired life the only thing that matters is Importance and Value that others give to you. Check the life of any old age pensioners and you will feel this.
@SivaKumar-yl3hw
@SivaKumar-yl3hw Ай бұрын
Why is anchor always making mchh mchhh noise... So irritating
@nithinkumar7098
@nithinkumar7098 Ай бұрын
Yes.Very annoying 🙄
@TheSandeepkelkar
@TheSandeepkelkar Ай бұрын
Because anchor doesn't have anything meaningful to add
@shubhamsachan6419
@shubhamsachan6419 25 күн бұрын
Haa lekin cute hai vo
@mh8846
@mh8846 12 күн бұрын
💯
@MithunDhar88
@MithunDhar88 Ай бұрын
Thought of a typical Marwari. Just because you don’t like the concept, it doesn’t mean everyone should ignore that
@visheshmittal5651
@visheshmittal5651 Ай бұрын
Hello Bengali Manush. People who are poor usually don't like marwari. First stop crying and earn money
@visheshmittal5651
@visheshmittal5651 Ай бұрын
@MithunDhar88 nt a bhakt of Amit jain. But it seems u hate Marwari. Kyuki garib ho na unse. Humlog jitna aukat hai nhi. Bengalis macher jhol are always jealous of us. I know earning a few bucks are enough for u Bengalis🤣
@visheshmittal5651
@visheshmittal5651 Ай бұрын
@@MithunDhar88 nt a bhakt of Amit jain. But it seems u hate Marwari. I know Tera aukat humlog se niche hi hai so jealous hona banta hai. Tera jitna family networth hai usse jyada we spend on our wedding 🤣🤣🤣. Jealous kid
@MithunDhar88
@MithunDhar88 Ай бұрын
@@visheshmittal5651koun mana kie chutio. Maha chutio ho Tum bhai… bas paisa.. gaar mei daal le
@rajeevkri123
@rajeevkri123 Ай бұрын
FIRE does not mean to sit and watch netflix Some people want to build few things but they don't get time from regular chores A normal person who comes from poor family has lot of other responsibilities They complete those responsibilities mostly by 45 so by the time if they plan to have good saving for FIRE So after 45 with the handling all responsibilities He/She can take risk and build something for themselves FIRE's actually meaning is not understood
@yashdhand
@yashdhand Ай бұрын
Having 1 cr in 1999 , i would have felt like a king in this world!!! Jain Baniyas are really hidden damn rich people .
@gauravjoshi4280
@gauravjoshi4280 Ай бұрын
Host.......change habit of acknowledgment........its irritating Rest discussion is good
@rk5160
@rk5160 Ай бұрын
😂😂😂
@debabratadutta9656
@debabratadutta9656 Ай бұрын
Agree
@amnb2324
@amnb2324 Ай бұрын
Yesss.. really irritating
@sagargaonkar3309
@sagargaonkar3309 Ай бұрын
Yes...edit that sound
@TheSayansarkar
@TheSayansarkar Ай бұрын
Irritating
@fraziercastelino6550
@fraziercastelino6550 Ай бұрын
Actually the bottom line is, an entrepreneur or a business owner will never think of retiring early as he is working for himself and his venture. Retiring early is mostly for employees who are working for other people's dreams. Why will a person be motivated to slog their ass for others especially when their needs are fulfilled by FIRE. The corporate world is become so cruel and toxic that it is not feasible for any normal person to have a satisfying life. No work pife balance, normalising long working hours, toxic bosses and colleagues, its best to retire early. Dear Alok, not everyone is a entrepreneur and business owner.
@millionaire_minimalist
@millionaire_minimalist Ай бұрын
He doesn’t know what he is saying. Please don’t get such people who have a one track mind.
@Hindustanibahubali
@Hindustanibahubali Ай бұрын
I agree , he is dull delusional , He thinks only his products are best for investment rest all are crap
@AlokJain
@AlokJain Ай бұрын
@@Hindustanibahubali usko confidence kehte hain. Unless you have that you dont get anywhere.
@Hindustanibahubali
@Hindustanibahubali Ай бұрын
@ i agree on the confidence part , but there is a difference between being arrogant and confident , Retirement is for looser , I doubt u understand retirement , Some people have made enough that will last not only there lifetime but for their kids as well and now all they want is be with their kids, take them to school , pick them up , watching cartoons with them , spend time with old parents, enjoy vacations with spouse , its sad you see them as losers , money is no longer a motivation for them but lyf is , some people are driven by just money so they will think other people are looser but its just POV
@MithunDhar88
@MithunDhar88 Ай бұрын
@@AlokJain 😂 Kuch bhi
@swapnillahane7242
@swapnillahane7242 Ай бұрын
He was against bitcoin for 5 yrs … he is not a qualified wealth manager ! Some people are so poor that all they think about is only about money ! It’s stupidity to say what will you do after FIRE .. how will you spend day etc ? That’s why one should have hobbies, interests and should know purpose of life ! He needs to read Geeta !
@PortlyPour
@PortlyPour Ай бұрын
I am 44. I know what I will do when I retire. Every person is different. I am married but have no children. I am very passionate about playing cricket. I usually play 14 odi matches and about 10 T20 matches and do nets 2 times a week. I do this from May till September every year and have been doing this for past 11 years. My club has an “old boys” team who have players in their 60s and even 70s. I live in Europe and close family in UK, mainland Europe and US so I will also travel to see them. I will also travel to see cricket matches. Then there is maintainance of my villa and gardening etc. lots to do. Of course going to the Gym for weight & resistance training. I love reading too and yeah coffee!! My Pension starts at age 64 so I will get a very good one (more than my current annual salary adjusted for inflation). So I don’t need to work beyond 64
@jatin1062
@jatin1062 Ай бұрын
Only Mentally Challenged Think like this man😂😂😂
@Atul-n2p
@Atul-n2p Ай бұрын
Completely agree. Give some respect to these type of people and they start acting like god. Hum hi hum hi baki pani kam hai.
@vikrammenon6749
@vikrammenon6749 Ай бұрын
If u are in your forties, probably we have another 24 -25 years to live and due to the toxic work culture we have around today most of us will end up with serious ailments at least for the last 10 years of our lives which means we have only 10-15 years to live a healthy life so if you are financially independent it’s a must to go in for FIRE rather than work
@ramaliya197
@ramaliya197 13 күн бұрын
True brother... Private corporate sector in India is mostly like a killing machine... Most colleagues in 40s have some serious chronic condition.. diabetes, coronary diseases etc... Get out asap...
@codedusting
@codedusting Ай бұрын
5 crore me if your life is hell in 2024, then it's a you problem. It's way more than enough even if you spend 1.5 lakhs per month.
@abhiyou0tube
@abhiyou0tube 27 күн бұрын
As per his logic of 2% and expenses of 20 lacs it is falling short.
@simonandrews5256
@simonandrews5256 19 күн бұрын
Exactly. This guy would rather want people to remain perpetual Corporate slave chasing insane amount of money that they cannot spend in this lifetime, rather than be limited in their spending and achieve freedom from the corporate ratrace at an early age. So sad to look at this guy. He will keep being a slave forever and will never understand true freedom, chasing fictitious numbers in his bank account that he won't be using in this lifetime. Such a waste of life!! Poor guy.
@biswas7
@biswas7 Ай бұрын
Then why do you retire at even 60. 30 years of post retirement life, world wars can happen.
@simonandrews5256
@simonandrews5256 Ай бұрын
Stop asking relevant question. 😁 This guy is clueless. He wants us to work forever even after FI. The guy should really wake up and smell the coffee. Else he will keep working till he dies. Poor guy.
@2016nk
@2016nk Ай бұрын
😅
@rahuloswal2964
@rahuloswal2964 Ай бұрын
How the hell 5 crore in 1999 was not enough?
@omnostarmobilityINDIA
@omnostarmobilityINDIA Ай бұрын
Lifestyle 🙌
@arifansari5323
@arifansari5323 Ай бұрын
It's all about mindset. He is from IIT. Mere liye to 5cr is enough for this time also
@arup76
@arup76 Ай бұрын
He meant 5 cr target for retirement later
@roxyroxy7671
@roxyroxy7671 Ай бұрын
He want mcap like networth.....
@VedusCreative
@VedusCreative Ай бұрын
How is this possible
@SD_003
@SD_003 Ай бұрын
It’s funny how people blindly rubbish something which they don’t subscribe to. Typical Indian mindset of ‘bas hum hi hum hai, baaki sab paani kam hai’ 😂
@codedusting
@codedusting Ай бұрын
I want to be that loser. This rat race is shitshow.
@AnkitVerma-nf3wv
@AnkitVerma-nf3wv Ай бұрын
Some people think work is life. Retirement doesn't mean Netflix and chill. Too many assumptions by the guest.
@codedusting
@codedusting Ай бұрын
@AnkitVerma-nf3wv Exactly 💯
@alphonseprakash7459
@alphonseprakash7459 13 күн бұрын
@codedusting correct bro... lets embrace being a failure
@anindya24
@anindya24 Ай бұрын
Seriously, was 5 crore in 1999 not enough? My Dad retired in 2007 with a corpus below 30L, and they are leading good lives with the FD/Sen Citizen scheme.
@simonandrews5256
@simonandrews5256 Ай бұрын
Ignore this guy, he has no clue what he is talking about.
@amytuttle1621
@amytuttle1621 Ай бұрын
Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments. Everyone should have BTC in their portfolio
@ufuksenol2005
@ufuksenol2005 Ай бұрын
It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Brian! Imagine i invested $50,000 and received $190,500 after 14 days
@PineHosting
@PineHosting Ай бұрын
Absolutely! Profits are possible, especially now, but complex transactions should be handled by experienced market professionals.
@grizbaseball
@grizbaseball Ай бұрын
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
@FannyMontage-xu8id
@FannyMontage-xu8id Ай бұрын
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
@katiekilbo
@katiekilbo Ай бұрын
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
@archanakamat2635
@archanakamat2635 Ай бұрын
Its exactly managers like him who makes employees working under him hell, Arrogance at its best.
@abrahamvarghese1785
@abrahamvarghese1785 Ай бұрын
How can someone state that not retiring is best way to go. Need to widen the view.
@AnirudhaBose
@AnirudhaBose Ай бұрын
Alok comes across as overly confident. While I picked up a couple of useful ideas from the interview, his overassertive tone and assumptions make me question whether his ideas will actually hold up.
@AlokJain
@AlokJain Ай бұрын
First time confidence is making someone lose confidence..hahhaa
@sagarrayabagi5325
@sagarrayabagi5325 Ай бұрын
Host cha cha 😂😂reaction, when fire is wrong he told , Im feeling the pain by cha cha😂
@manojsuri007
@manojsuri007 Ай бұрын
I like the views of Alok Jain a lot. And i regularly follow him on weekend Investing but here he has been extremely unrealistic. If 5 cr is not enough in 1999 then nothing will be enough in life.
@simonandrews5256
@simonandrews5256 Ай бұрын
If your monthly expense is ₹50, 000, a early retirement corpus of ₹5 Cr is enough for him even in 2024-25. This Alok guy is totally clueless about what he is talking about.
@jackreacher4945
@jackreacher4945 Ай бұрын
I live in a Tier 2 city. On buying a house, my father bought a flat that costed him 1.5 Lakhs in 1989, with the Home loan, he ended up paying 4 Lakhs+, not to mention cost of repairs etc. Today, the market price of that flat is barely 30 Lakhs, that is roughly 8 times in 25 years. While the BSE index has gone from 1000 to 79000 in the same period. I did the opposite, I rented 2 BHK flats, spent Rs. 45 Lakhs in rent over 25 years, invested similar amount in mutual funds, today, I have a corpus of 3 crores and I live in a rented independent duplex home with an option to buy it for 2 crores. So, in my opinion, do not buy a flat early, there is simply no advantage in that, independent home with the plot could make sense. That has been my experience.
@GUYFROMMARKET
@GUYFROMMARKET Ай бұрын
The content is good but in the middle mam say pach pach so disturbing Correct please
@sunilmaganally1815
@sunilmaganally1815 Ай бұрын
Can u introduce your guest first ? Who is this guy ? Some random weekend investor u bring to ur show and this guy is so arrogant…
@technow1992
@technow1992 Ай бұрын
Bhai is a well known investor.
@swapnillahane7242
@swapnillahane7242 Ай бұрын
His talks shit about mutual fund managers and his personal cagr is less than 20% since 2/3 decades He talks shit about bitcoin too .. he speaks with half knowledge always
@trajmohan5559
@trajmohan5559 Ай бұрын
You are right, it starts without an introduction. Some content creators forget this. He is Alok Jain of Weekend investing. They run several small case portfolios. He is a good guy and a seasoned investor.
@vj9646
@vj9646 Ай бұрын
@@technow1992I invested in his smallcase and lost money Now I am happy with mutual funds.
@srikeshn4579
@srikeshn4579 Ай бұрын
People work when they just like it… we can’t waste our life just to work which we don’t love… Meaningful life is possible only for people with FIRE 🔥
@azieltobias
@azieltobias Ай бұрын
This is my fifth year after retirement. I’ve been following the 4% rule thing I saw on a KZbin channel, but this isn’t really how hard I expected things to be. After I cashed out a lump sum, I still have about $760k left, but at this rate, and with how the market is (we were putting money away in an index fund), I’m starting to get really worried.
@mellon-wrigley3
@mellon-wrigley3 Ай бұрын
Not a lot of people are able to save that much in a lifetime. But now you are retired and depend on your investment, it’s best you redistribute your capital. To simplify the process, you could allocate your resources with the help of a financial advisor.
@sloanmarriott5
@sloanmarriott5 Ай бұрын
I’m closing in on retirement, too, and I have benefitted so much from using a financial advisor. I didn’t start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who had been investing for many years.
@Buffet-walton22
@Buffet-walton22 Ай бұрын
@@sloanmarriott5 That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?
@sloanmarriott5
@sloanmarriott5 Ай бұрын
My CFA Izella Annette Anderson a renowned figure in her line of work. I recommend researching her credentials further.
@louie-rose7
@louie-rose7 Ай бұрын
Thank you for this amazing tip. I just looked the name up and wrote her.
@vkolani1
@vkolani1 Ай бұрын
It is always good to impart knowledge to your viewers Mr. Alok Jain, appreciate your thought process. But just don't debunk any theory including FIRE as for losers. you are just discounting something that you don't understand. Please read about the FIRE movement rather than saying that people will retire early and watch netflix. If you say retiring early is for losers, I would say working until your last day is slave mentality. Ideally, you should be living well until your last day, not working.
@chethanraju6647
@chethanraju6647 Ай бұрын
Very practical, Greed for money never stops!! Goal post keep changing, change is constant! 👍
@INDmoney
@INDmoney Ай бұрын
As it's well said, "change is the only constant"💫
@madhukar31236
@madhukar31236 Ай бұрын
I know how much is enough for me & how much I need. How can someone else know how much I need & how much is not enough for me. Everyone entitled to their opinion and Opinions are subjective. My opinion is that pursuit of peace truly happen only after we stop pursuing money.
@rameshsharma8087
@rameshsharma8087 Ай бұрын
This guy is an annoying blabber-mouth. What is wrong with being content, and spending quality time with family? If you are not content, then you don't know how to live, you will always be running behind artificial goals. He is wrong about housing vs renting also. And about real estate always beating inflation.
@MithunDhar88
@MithunDhar88 Ай бұрын
Very true. One of the arrogant guys
@swapnillahane7242
@swapnillahane7242 Ай бұрын
He is not a qualified wealth manager ..
@rakesh205589
@rakesh205589 Ай бұрын
People get confused early retirement with the traditional retirement. Early retirement is the retirement from the work you don’t like and get into the passion profession for the better work life balance.
@modellocomotiveworks2215
@modellocomotiveworks2215 Ай бұрын
Then why to get into such a job which you don't like at the first place itself And the kind of life one led for 20 years would offer him many disease By the time he turns 40 45 So what kind of passion is this that you are talking of. A person who has clarity in life first of all will not fall into this trap
@srimanravikanti
@srimanravikanti Ай бұрын
Please stop uch uch in the middle dear host, it’s irritating
@Arifkhan-sl8fe
@Arifkhan-sl8fe Ай бұрын
But gorgeous
@rajarshibhattacharya5192
@rajarshibhattacharya5192 Ай бұрын
​@@Arifkhan-sl8fe got your priorities right bro😂🤘
@Arifkhan-sl8fe
@Arifkhan-sl8fe Ай бұрын
@@rajarshibhattacharya5192 🥰🥰🥰
@-adityasingh
@-adityasingh Ай бұрын
Gaon ki ladki / laundi 😂
@drmrahul
@drmrahul Ай бұрын
R u blind ​@@Arifkhan-sl8fe
@tkarpe
@tkarpe Ай бұрын
Wakeing up everyday for a purpose is important, may it be for working for others or for self business, or maintaining a hobby and working over it or for any other social cause. Daily Discipline is needed , following the watch is necessary, we have experienced in covid lockdown what no job life looks like.. Manage ur day in such a way that it dosent kills u and drags ur thoughts towards retirement ie doing nothing. "If u don't use u loose" So stay active till the last breath. Use ur brain and body else u loose
@MusicandTravelwithNikhil
@MusicandTravelwithNikhil Ай бұрын
Mr Alok, Today even the folks from IITs and IIMs are not having that impactful jobs, no work life balance. Unless on starts their business it makes sense, but in today's scenario one cannot have a corporate job for a long duration.
@nileshjadhav2198
@nileshjadhav2198 Ай бұрын
He said 5 CR in 1999 is not enough, if he compound that money by 12 % then it would be 80 CR+ Today, not sure what he is talking about. Early retirement means financial freedom, coming out of rat race. no one is going to seat idle at home.
@nayanjyotidas230
@nayanjyotidas230 Ай бұрын
Correctly Saying. 1. Equity 2. Gold 3.Real Estate. 🎉🎉🎉🎉🎉🎉
@swapnillahane7242
@swapnillahane7242 Ай бұрын
He looks high on some substance In India 5cr is less in 2000 is a big joke !! 😂😂
@kumarrahul85
@kumarrahul85 Ай бұрын
1 cr in 2000, for 24 years in a simple index would grow 12%, double 4 times, resulting in 32 cr today!!
@vikasrai338
@vikasrai338 Ай бұрын
Why there is so much fear in him! Everyone ages, everyone retires. But nobody has crores with them. And they all did just fine. I think all these people have one objective -make people invest everything they have. Ultimately by this activity, someone is also receiving this money. And whole game is about this only.
@benjaminmathew4108
@benjaminmathew4108 Ай бұрын
If you have enough money to survive for 25 years (like MF, stocks, pension, FD, Property etc) you can plan for early retirement. We don’t live for ever..so when you have good health and enough backup then you plan early retirement and enjoy your rest of your life…there is no point leaving your earnings behind when you die..the typical Indian mentality is work until you die (even though you have good financial backup)
@simonandrews5256
@simonandrews5256 Ай бұрын
People have limited time, not to be wasted in working. Only losers work in perpetuity. What a waste of life that is. This guy himself is a perpetual slave, still working now at old age. Hence he wants youngsters to be slaves to corporate as well. Foolish guy.
@dm5665
@dm5665 Ай бұрын
Fire implicitly means financial freedom. No one wants to retire from work.
@joytotheworld1097
@joytotheworld1097 Ай бұрын
Fire doesn't work. The biggest reason is stock market mostly gives return equal to gdp growth + inflation. So over a period of time you get lifestyle improvement. In 20-30 years back everyone had cycle. Now everyone has a scooter or a motorcycle. In another decade everyone will have a car .
@msk78-g4b
@msk78-g4b Ай бұрын
True. My cousin retired early, now he is getting treated like an unemployed in his house😂. He has to pickup and drop children to school, do House hold chores. Unable to travel and do his passion
@benjoseph3119
@benjoseph3119 Ай бұрын
Some things he said makes sense. Some other things doesn't make sense. Anyway thanks.
@EVikasamapp
@EVikasamapp Ай бұрын
In 1999 I am studying 5 th class ..10 years old 😊😊😊….
@rn-om3hu
@rn-om3hu Ай бұрын
The purpose of retirement is to try something of your own-to silence society/to fill the hole in your soul/on solid advice from fin gurus-burn through all your savings in than venture, and then rejoin the workforce...this time with gratitude.
@freeworld01111
@freeworld01111 Ай бұрын
I'm all in for mixed use of Hindi and English to maximise your audience but the verbiage used could be a little more formal and professional. Starting a video with 'internet bhara pada hai' doesn't sound very serious.
@abc39722
@abc39722 Ай бұрын
What bullshit! Retiring early is not about loosing or winning but about getting the freedom to do what u love irrespective of having financial worries.
@mpadhye1
@mpadhye1 Ай бұрын
@17:57 "5cr not enough in 1999" even if someone invests 50% (2.5 cr) in index will have more than 35Cr. today, and @17:22 he says 10 cr is enough 🤔Need more explanation...
@eishitjain4545
@eishitjain4545 Ай бұрын
the idea he is trying to convey is that one will always need to grow their corpus otherwise what looks like a great networth to retire now ,will not be 20-30 years down the line.here, 5 cr in 1999 which does not grow will be bad after a few decades but 10 cr net worth now which gives sufficient returns ie beats inflation,taxation and also pays for your yearly expenses is good.
@suhasdande4014
@suhasdande4014 Ай бұрын
Great advice for retirement.👌👍🌿
@INDmoney
@INDmoney Ай бұрын
Do NOT forget to check out more such informative episodes😊
@csrcaesar
@csrcaesar Ай бұрын
16:50 This guy is talking out of his hat. In US, around 50 & 10 million $ corpus for retirement & 4% withdrawal? That is 400k p.a. life style only the top 0.5% of the population can get this... majority are living happily with 50K USD per year which puts the corpus at 1.25 Million $ @AlokJain has to be FIRED first for poor comprehension...!!
@financialupdates405
@financialupdates405 Ай бұрын
These types of people are self-styled genius, and start preaching others. Watching these types of channels and listening these types of people a complete waste of time.🙂
@ShivaKumar-he9cu
@ShivaKumar-he9cu Ай бұрын
True idle mind is devils workshop. Work hard, create wealth for yourself and nation and die with contempt
@INDmoney
@INDmoney Ай бұрын
Well said 👏
@deepakasokan6634
@deepakasokan6634 Ай бұрын
Folding a paper makes the paper small right
@kkviks
@kkviks Ай бұрын
Each fold doubles the paper's thickness, so after 42 sucg folds, it would theoretically reach a thickness greater than average distance between earth and moon.
@manaspadhy7654
@manaspadhy7654 19 күн бұрын
This conversation is for not many people. 20L to 10Cr analogy is not clear, extrapolating, then, 100Cr wont be sufficient. Author appears back on greed through dissatisfaction, possibly.
@Thecuriousmind123
@Thecuriousmind123 Ай бұрын
All his fundas seem so very wrong...why should a person buy a home to be disciplined.. you can setup a sip for same amount and continue to grow your wealth..also gold is such a bad investment why would you knowingly invest in gold over equity..
@CoolWints
@CoolWints Ай бұрын
Gold = Hedge
@jayeshviradiya434
@jayeshviradiya434 Ай бұрын
Sip=choice and can be stopped EMI=no choice and hs to be endured
@confidencial5927
@confidencial5927 Ай бұрын
do these people read their comment section after making videos
@AlokJain
@AlokJain Ай бұрын
yup
@INDmoney
@INDmoney Ай бұрын
Thank you for your comment! Yes, we actively read the comments section to understand your thoughts and feedback.
@aseemsharma1095
@aseemsharma1095 Ай бұрын
Has he ever read any FIRE literature or is he just shooting his mouth off? I suggest read up a little on various FIRE strategies. If you wish to then debunk them do that systematically and not by waive of a hand.
@debabratadutta9656
@debabratadutta9656 Ай бұрын
Very practical knowledge
@INDmoney
@INDmoney Ай бұрын
Glad you liked it! Don't forget to checkout our other videos! 😊
@vksingh20
@vksingh20 21 күн бұрын
1 cr/annum salary in early 2000 , how he will know what kind of hardships the person with a salary of 15L/annum is facing. He is one among top management, thus he don't know abt hardships of lower hierarchy
@rakesh205589
@rakesh205589 Ай бұрын
Clearly sense of enough is not common for everyone 😊
@niravjoshi85
@niravjoshi85 Ай бұрын
Each person has their own philosophy, you can't judge others. After all one should enjoy life... This is the main lesson
@tunanari6397
@tunanari6397 Ай бұрын
Kya karlega bhai tu , Ambani ban jayega at the year 55yrs, pesa kam ne ke chakr main kit ne log ka dil dukhaya hoga, kya milega tujhe, pesa hai to Shanti se rest le na.
@vivekreddy8682
@vivekreddy8682 Ай бұрын
I THINK EVERYONE HAS PRIORITIES. IF YOU THINK YOU HAVE MADE ENOUGH MONEY TO SUSTAIN UR LIFE AND FAMILY....THEN THERE IS NOTHING WRONG IN RETIRING....WHAT THEY DO IS THEIR BUSINESS....BUT LABELLING SONEONE AS LOSER JUST BECAUSE IT DOESNT SATISFY UR MENTALITY THATS NOT OK
@deepakpatel4186
@deepakpatel4186 Ай бұрын
Alokbhai is always superb
@AlokJain
@AlokJain Ай бұрын
So nice of you ! :)
@vineethsasidharan5067
@vineethsasidharan5067 Ай бұрын
Unsubscribing from weekend investing. Also from his momentum smallcase
@TheSandeepkelkar
@TheSandeepkelkar Ай бұрын
Who says retirement means not working? It means retiring from slavery. Unfortunately some people can think only through the prism of money that would be left for you at any point of time.
@amitsaurav156
@amitsaurav156 Ай бұрын
If you had 5 cr in 1999 ...you would have a corpus of 160 cr by 2024 ....why firing in the air bro
@AK-jb9ij
@AK-jb9ij Ай бұрын
15% return ke hisab se, 5 cr did become 164cr, you can simply do 5*1.15^25 = 164 Isme kya firing bro, check basic math
@amitsaurav156
@amitsaurav156 Ай бұрын
@@AK-jb9ij yes that's what I am telling to the guest...164 Cr is Not a small corpus......I am sure he is telling a lie....he had Not 5 cr in 1999
@prajith78
@prajith78 Ай бұрын
I think what he meant is, at 1999 he thought 5Cr as a good target - doesn’t mean he had that money then. In fact he says that he had made first Cr around age 31, which is around 1999/2000. Yes, 5Cr at 1999 is equal to 160+ Cr now. Which is as good as him saying 160cr as future target now, pretty high amount- this part only shows he is aiming high, may be very high as per some of us.
@cbrcoder
@cbrcoder Ай бұрын
Finally someone says it. Retire when you can work is most absurd idea of all time. I think if you take a month vacation/sabbatical you will really want to go back to work.
@p217217
@p217217 Ай бұрын
No worries, you become a winner of the rat race by retiring at 95 , Who cares ? I am happy to be a loser ( according to you ) by retiring at 45 😂😂most confused podcast ever
@notKhalid
@notKhalid Ай бұрын
Phenomenal guy, I'm 22, I've got the exact same mindset as his, just except the diversification part, I personally think diversification is overrated and spot on with the retirement part, these FIRE guys should indeed be FIRED😂.
@INDmoney
@INDmoney Ай бұрын
Glad you liked the video! Check out our other videos too. 😊
@krishnachaitanya8003
@krishnachaitanya8003 Ай бұрын
What about silver ?
@parveenbeniwal1181
@parveenbeniwal1181 Ай бұрын
6:00 चाचा जो बात बात बोल रहे हो उसी को FIRE कहते हैं सही में। FIRE का मतलब घर बैठ कर सारा दिन टीवी देखना नहीं होता। क्या बता रहे हो पब्लिक को, कोई भी 4 पैसे क्या कमा लेता है कुछ भी बोलने लग जाता है।
@gsb2578
@gsb2578 Ай бұрын
Super ....very very good video
@abc39722
@abc39722 Ай бұрын
How do u define a successful person?
@Raahulsingh
@Raahulsingh Ай бұрын
typical Indian adviser, client ko retire hona hai par adviser inna gyan de dega ki na client start hi nhi karta hai and advisor kuch help kar nhi pata. If one really wants to retire show them a way ,that as per calculation Rs XX Cr is needed. if this can be achieved you can consider retiring na ki client ko hi gyan de dena ki LOSER RETIRE EARLY.
@debusukla
@debusukla 17 күн бұрын
Hhe is talking sense, but inadvertently his way of putting it has leas to misunderstood, he should have started by defining what is retirment, my understandingg of his interpretatin is to wholy depend on passive income is retirment
@sohamdhar9865
@sohamdhar9865 Ай бұрын
The podcast is insightful..! but the host is constantly doing some irritating sound from her mouth dont know why! anyways.. other than that its fine!
@Saiz5599
@Saiz5599 Ай бұрын
what a load of bullocks !!! I did retire at 49 ... started to plan since 32 ... and you cant still do the likes while you work as the speaker says , at least for 90% of them. You are hired and they own you. Those who work till they need a crutches are the losers. Retire and live your life the way you want it, spend more time with your family , friends ... they are the winners . Losers are the ones who live as slave to the job contract. period.
@kunalbanerjee5562
@kunalbanerjee5562 Ай бұрын
He is genuine guy, maximum people commenting nagetive because they are confirmation biased and have limited knowledge about real life finance. They all have learnt Personal Finance from Ankur Wariko
@AlokJain
@AlokJain Ай бұрын
shukriya
@madhumathihs8350
@madhumathihs8350 Ай бұрын
Am also of the same opinion. I don't want to retire
@Atul-n2p
@Atul-n2p Ай бұрын
Every one has its own opinion.Calling someone looser based out of their own opinion shows that host is not matured enough. People should avoid labeling others just because they are on hot seat. Sorry couldn’t listen this conversation.
@Mahesh99777
@Mahesh99777 Ай бұрын
if I had a company exactly, I am looking for this kind of slaves😀.... and finally, FIRE is an option not a choice will people decide what they want...
@sudiptochatterjee5563
@sudiptochatterjee5563 Ай бұрын
Mentos khao apni akal lagao. Fire system doesn't say you sit idle. You continue to persue your works which you like. Less stressful life. Saving and investing money is the only truth. Fire will automatically teach you minimalism.
@kethaniyer5554
@kethaniyer5554 Ай бұрын
It depends on each individual, There are few ppl like him who can take pressure and keep moving forward. I dunno when guys like him will enjoy life!!!! Ppl like him are stuck in rat race and they call successful themselves.....Legends are those who make money and retire early and live Happily!!!😂
@devalshahin1
@devalshahin1 Ай бұрын
Rubbish thought He doesn't know the work life balance and living for self. At some age doing nothing is also a good thing
@varupant1
@varupant1 Ай бұрын
If you are annoying many, you are speaking truth.
@gyanroy3193
@gyanroy3193 Ай бұрын
Alok Jain is the biggest loser if he could not make enough money to retire by 55. Kolhu ka bail paida hua tha, Kolhu ka bail marega..
@prakashraogs2297
@prakashraogs2297 Ай бұрын
Nice story
@Dutta_SouravD
@Dutta_SouravD Ай бұрын
What kind of weird noise is the anchor making. Mch mch mch
@alhadkhisti3823
@alhadkhisti3823 Ай бұрын
Please ask host not to make that irritating sound while acknowledging what speaker is saying. It's so irritating!
@financialecosystem
@financialecosystem Ай бұрын
Very nice Great Discussion ❤❤
@INDmoney
@INDmoney Ай бұрын
Glad you liked it! Check out our other videos too. 😊
@siddharth0401
@siddharth0401 Ай бұрын
Atlast somebody told the truth and busted the hype around early retirement and real estate vs equity
@INDmoney
@INDmoney Ай бұрын
Glad you liked the video! Check out our other videos too. 😊
@scholescantona
@scholescantona Ай бұрын
what do animals do without jobs
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