How Did He Achieve Financial Freedom (So Early)?

Sumit Ramani, a seasoned Actuary, in this video he unveils his proven strategies for achieving financial independence by 2025. Sumit shares practical tips on how to accumulate a staggering 8 crores, equivalent to $1 million, by 2025.
Whether you're just starting your career, looking to grow your savings, or eager to attain financial freedom this video is for you.
Know more about Wint Wealth: bit.ly/3T2HbuW

[@sumitramani7801]

Thank you for everyone for the kind words and the love. Means a lot. Many of you have reached out over LinkedIn. Happy to get connected. I am more active on Twitter though in case you wish to engage on the topic of Financial Independence

[@debdiproy8916]

you look so peaceful and happy ,being financially independent. I am also an engineering student now and I also invest in stocks, though the earning from stocks has not been too much till now, still I am gonna try and be like you one day.😎

[@sumitramani7801]

@@debdiproy8916 More power to you, Debdip. May you realize your full potential!

[@cbrcoder]

I don't think $1M is going to be enough in India. Sure tension will reduce but don't plan on retiring with that amount. This is from someone who is already been there.

[@debdiproy8916]

@@cbrcoder well, I. Intend to earn more. Tell me how. That's what I need right now as a student.

[@debdiproy8916]

@@sumitramani7801 thank you so much.

[@SD_003]

Such clarity in thought. I am of same age and have been working towards FI since 3 years now. Currently at 10X, hope to hit 30X by 45. Cheers to all FI aspirants 🙂👍

[@WintWealthYT]

Keep it up

[@sumitramani7801]

More power to you!

[@vedantchapale1262]

Which industry do you work in?

[@SD_003]

@@vedantchapale1262 IT

[@asimjabri]

Good luck ❤

[@MaryOlson7]

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...

[@MaryOlson7]

@rachealhubert74 Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. Alice Marie Coraggio, a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.

[@MaryOlson7]

@rachealhubert74 Alice Marie Coraggio

[@MaryOlson7]

Lookup with her name on the webpage

[@Santhosh_san2]

The coherence and quality of questions put forth by interviewer or host is phenomenal. This guy deserves a raise😂👍🏼

[@seekertruth72]

what a beautiful conversation! “A single conversation with a wise man is better than ten years of study.” - Chinese proverb” Thanks Wint!

[@shivam292]

Inspiring, sitting with 1 Cr at the age of 28 and waiting to retire with 8 Crores at the age of 35.

[@bhaveshnazwani984]

would love to know where you have parked your 1 cr in terms of percentage equity debt or ?

[@jasandroidphone3820]

wakeup and go to work , Chal

[@vayukrishnatre3533]

@shivam292 bro it’s not enough and trust me they all make these type of videos just to get views. You’ll at lease need 10 time.

[@kshitizaggarwal1]

Nobody retires at 35 even with that sum. Life is beyond financial independence...been there done that

[@Bilcat]

😂😂😂 joke

[@urjaparmar3265]

Absolutely loving this series of interviews, with no fluff. 12 minutes of pure quality information.

[@Vishwas997]

Guys who are employed, i can tell you one thing. Financial independence is quicker if you have a business ,I dont know why people cannot say this explicitly but thats what the pattern is . Every other person has put the efforts in business be it Insurance provider , Online tution or a Chakki wala . Thats the reason you are seeing 8cr ,12 cr portfolio. As an employee you wont be able to achieve this figure in 20 years .

[@polyteky]

Software Engineers laughing in the corner....

[@ajiteshthawait4771]

​@@polytekysoftware engineer in usa not India

[@kmlfd3675]

​@@ajiteshthawait4771Yes normal software engineer in the USA getting a 7cr package. India me 40-50lakh tak rula dete h

[@hardikgangani4225]

​@@ajiteshthawait4771 in India also it's possible. Just learn and grow.

[@polyteky]

@@ajiteshthawait4771 many software engineers in India make above 25lpa

[@kishanprajapati6170]

At 4:09, Sumit Ramani was facing not getting happiness issues even after achieving his goals it happened because of the arrival fallacy and hedonic treadmill effect according to psychology. Arrival fallacy is the human tendency to think after achieving a certain goal we will get the happiness we want but it is not true and one of the reasons is the hedonic treadmill effect. The hedonic effect means humans will get used to things after some time. For e.g, A big house, or big car will only get you happiness for a few months to a year. After that, you will get used to it. It is the most important thing to get financial independence. But it is also worth knowing that achieving money alone will not give you happiness or fulfilment. There are different sources of happiness and we should look into that. It is just my personal view. I am 22 years old and started my journey so there is a very high possibility I am wrong.

[@romanempire5904]

Well i must say that you are absolutely right.

[@GauravSharma-si8fg]

This is inspirational. I am 33 and have 2cr saved and invested. Targetting 6cr by 40 and then...whatever is god's will 😊

[@avinashnair8433]

Hey, how did you manage to save such a huge amount ? Can you please bring more insight on it ?

[@GauravSharma-si8fg]

@@avinashnair8433 hey buddy, I have done MBA and work as a Consultant. I make good money and invest my savings meticulously. Additionaly, I have a small startup, where I teach people Finance related things. No other secret😃

[@sarathnair3295]

Great!! Would love to hear where you're investing this 2cr?

[@GauravSharma-si8fg]

​@@sarathnair3295 It's diversified across MFs, Direct Equity and some Government stuff like PPF and all

[@dheemz]

I have 20 crores and still working 🤢

[@surajpatil6924]

All this analysis is useful for approximately 0.000000000001 percent of people in our country !

[@thebeautifulanimal]

That's more than 30% of the country's wealth.... So it's important.

[@savagerider025]

Inspiring!!! At 18 sitting at 1200 and 14 cr in generational wealth

[@Nitin_Kr_Pamnani]

Never Retire From Work.. Once You Achieve Your Financial Goal You Can Switch To What You Love To Do And Earn From It.. Keep Yourself Engaged As Long As You Are Physically & Mentally Well.. Retiring At 35-40-45 Sounds Interesting But It Is Damn Boring Decision.. Do Cut Out Yourself From Over Load Of Work.. Do Give More Time To Family Friends And Society.. But Don't Ever Stop Working.. 🙏🏻

[@boredbiscuits]

Wow Sumit. That was amazing. I've just started chasing Financial Independence now at 46 years. You are such an inspiration. 🙏🏽

[@WintWealthYT]

Best of luck!

[@amitaec]

Please share the plan also if you are comfortable.

[@kaushalverma9425]

Wow!! one of the most calm and sensible guy, would really like to work for him, then with him..

[@SKAMRANPASHA]

Am addicted to these interviews, My favourite being Bhaskar Jaiswal , & basically wint wealth is one of my fav YT channel now

[@RibhuChawla]

Just remember that all these podcasters and people are also still figuring out their life and this is only one aspect. If you are young (under 30), do not fall into the FOMO of "retiring early" or figuring out "financial independence". I see freshers talking about FI and not about what all they can be good at. This is a clickbaity title and clickbaity topic but this is NOT the only goal.

[@Gauravkr0071]

I agree with you,

[@veejay74]

life without purpose can lead to helth issues, would rather stay engaged till 60+ than retire early

[@vbnandu867]

​@@veejay74 it's not about just being engaged. It's about being engaged without having to think about money

[@megajennybenny]

@@veejay74 It's not about quittting work or not having purpose entirely, but to quit toxic jobs.

[@aijtkumar2953]

My father had a hardware shop. His assets were 10 crores from doing business in the shop

[@avinashnair8433]

Having health to enjoy the wealth. And having social circle to enjoy your celebration. And having your money work harder than you 👍. Good One 👌

[@arindamghosh888]

Thanks both of you, for this wonderful insight

[@mohdhamza4455]

@Wint Wealth I love the content you make. Just the basics & Fundamentals are so clean. Authenticity makes it more inspiring.

[@dekarunabh]

This thing about FI is so prudent among corporates. Is it because of sheer work pressure and stress involved? I howsoever, wouldn’t like to leave work by 45-50, instead would like to continue doing what I love more than actually working hard (hustle mode OFF). I do have a number in my head but I am still unsure whether I’d able to reach that magic number within that stipulated period. This itself brings me to your youtube channel, tremendous work folks ❤

[@PANKAJKUMAR25]

Started my journey for FI in 2016. Currently at 32, have accumulated a net worth of 1.2cr. Long way to go but certainly determined. Thanks for bringing such inspiring stories

[@naazj8508]

How did u do that..😢I want to start business to achieve financial independence but no investment

[@amazingdude9042]

itna to me yearly salary se kamaata hu be

[@Bilcat]

😂😂😂 lie

[@sensiblelife]

How can one get started?

[@amazingdude9042]

@@sensiblelife muth maar lo first.

[@Mani_-]

As a 18 year old, this gave me inspiration to work hard and achieve FI. Thank You team Wint

[@amazingdude9042]

abe dubaayega to apne baap ke rupiye

[@coolbaaaay]

Grind till 25 chill for the rest.

[@Mani_-]

@@amazingdude9042 Birthday ke paise thhe, 36k h current value 😃

[@Estherwilson436]

I thoroughly appreciated your video and the comprehensive approach you took in breaking down the subject matter. It reminded me of the beginning of my own success story when I was first introduced to Nina

[@HumaAbedin-ye6hu]

My husband and I started so little with just $4,500 because I was skeptical about investing,but fortunately now I regret not starting big.

[@Estherwilson436]

*On the telegrams using the username written below*

[@Estherwilson436]

*@ENFDX* that's it.

[@Raymonds542]

Funny enough, my family and friends as well as my neighbors here in Phoenix Arizona also in the service platform.

[@itssahilsawant]

It’s good to see how real and relatable these stories are. Unlike all the get rich quick schemes on reels 😂

[@anythinginformative3200]

Me at 30 with 2 cr. And planning to be financially free and retire at age of 40 with 20 cr.😊

[@review2492]

Aur bhosadi wale tumko lgta he tum 10 guna krloge gajab chutiya ho 😅

[@sunilkolte]

Wise thoughts.. Inspiring for someone who moved out of a 12 -15 hr job seeking solace

[@sdlogs]

Wow😊”I would like to do less of what I don’t like doing and more of what I like doing” so much depth in that statement! Keep interviewing great minds as always. ❤

[@avinashnair8433]

Indeed. An amazing line 👌

[@UrbanEntrepreneur]

Thats true calculation of Freedom, which many miss out in the job hustle!

[@varuntarak1110]

While I was studying CA I got to know about actuarial services.. but I started my Acturian studies recently.. thanks for the video

[@VanillaGun]

very well spoken and practical.

[@mamtamishra1744]

I AM FROM BHILAI...Good to find one inspiration

[@roshanraj6198]

I love your Channel. Such channels will help to grow financial temperament among youths of our nation. Which will lead our nation ahead.

[@dontfollowandrew3597]

I am 35 years with 35L debt right now .. 😎mission continues further forward ... Most of the people can't understand what I am doing .. But one day will see me in another level ...

[@gabbu84]

Wow I was in the same batch as this guy in school.Great to see him do great 👍

[@rajkumarpagare4124]

Such a humble man with genuine opinion ❤

[@vividist]

best finance channel in India!

[@notsrthk]

Hey team wint, it would be lovely to have a CA in some episode, please bring someone. Thank you.

[@kiranshivanna5149]

Perfect interview.

[@saikesavan3351]

I'll give appreciation for Your editor to make this finance videos more engaging and creative ❤

[@vksktr2]

Best channel i would ever always wanted to watch for hours

[@apugoswami140]

Sidhi Baat, No Bakwaas❤

[@thewiseinvestorTamil]

Very inspirational. We always think how much ever we have it’s not enough for retirement.

[@guccimangaming3431]

Cover a entrepreneur who had nothing and made financial freedom in their 30 to 40s

[@apoorvanand6047]

The definition he had about Retirement was the highlight of the video. For the KZbin team, what a video 💚. Every next minute had me glued to the screen as the previous minute.

[@WintWealthYT]

Thanks Apoorv :)

[@ashkark4056]

Beautiful this man is a saint who is financially independent

[@raxy77]

Thank you! Very well spoken and well learned individual. Simplicity, consistency and patience is the key in reaching financial freedom

[@WintWealthYT]

Well said!

[@DR-mq1le]

loved this episode, the clarity Mr. Ramani has is something I'm working towards cultivating in my own life.

[@investingmantra6076]

I'm also trying hard to retire asap and spent so much time with my family

[@SkyLoreking]

you are the real G sir among the common people

[@shankar4005]

I calculated this too..and for me also it came out to be 8 crore.

[@mkbg2832]

This is inspirational .. Me sitting here with 7 crore at 35 and waiting to retire at age 40 with 15 crore .

[@vedantchapale1262]

Businessman or an employed person

[@vaibhavyadav2674]

What is your occupation??

[@mkbg2832]

​@@vedantchapale1262 employed person bro living outside india . currently have invested a lot in real estate , gold and agriculture land ..

[@madhu_1489]

​@@mkbg2832im too curious about , which profession are you in abroad and company? please

[@amittripathy901]

Good Luck for your future ! Wishing you best! I am sure you're senior to me! Please bless me for my successful future 🙏🏻! Thank you sir!

[@gauravkhandelwal1575]

How peacefully and soothingly he is speaking. कितनी सौम्यता से बात कर रहे हैं ये महाशय ।

[@sumitramani7801]

This made my day. Thank you, Gaurav

[@aaryakute3523]

Brilliant advice 👍👍❤

[@2441979D]

Loved this conversation between two intelligent beings. Though not from financial background, I started on this journey and learnt value investing, no debt strategy and living below the means as core concepts which will make one reach their FI goals.

[@titasbhatt28]

Super awesome 👍

[@pankajrox]

health is the biggest wealth❤..

[@sharmashubham432]

thanks youtube for the suggestion

[@srinivasank1050]

Happy to see bhilai guy back in city

[@DelhiiteChetan]

Real definition of financial independence power packed in less than 13 minutes session

[@choudharyArpitRaj]

Amazing content, insightful Thanks for sharing, it really increases knowledge about financial aspect of life

[@WintWealthYT]

Glad it was helpful!

[@abhijeeticon]

Travelling with a one way ticket ❤❤

[@vibhav.jaiswal]

Quality Content

[@vikassahu8434]

Hello Sumit glad to hear that you are from Bhilai. I belong from the same place. I hope I will achieve till 40 age with the same definition of FI you explained.

[@sumitramani7801]

More power to you, Vikas

[@user-ni2fh5sz9x]

Amazing content.honest opinion

[@jeenendrashiv]

Happy to See Bhilai In Wint wealth😂

[@vaibhavshukla9346]

Just Facts and Figures, No Steroid Motivation Bullshit. Love It

[@sivapathikarunanithi9400]

To the point. Loved it. Thank you!

[@creatorbhakth]

Editing is top notch✨.......... I would like to intern at wint wealth editing team😅

[@prithvigh6740]

Very curious to know about those 6 stocks and 4 mf..! Amazing video by the way, he is super calm.. would love to hear more from you:)

[@pendkesun92]

Inspiring as always!

[@nanamikento77]

Good job team Wint Wealth, it gives great insight into this elite space. Thankyou

[@WintWealthYT]

Glad you enjoyed it!

[@HeadbangersKitchen]

Moral of the story. Don't have kids, you'll save 1 crore.

[@sumitramani7801]

How did you arrive at that? :)

[@MrTeslaX]

If you have smart kids expense is relatively less, may be 50-60L. I graduated 10 yrs ago but had scholarships so college expenses was almost zero. My brother went to Navodaya school so free until 12th and went to IIT and IIM and got his own education loan. My dad collectively spent under 5L for my brother and my education.

[@shashendrapauranik7643]

Thanks for the video

[@WintWealthYT]

Our pleasure!

[@vickeysingh3981]

1 crore saving at 36 now, trying to make it 5 in next 8 to years

[@ashwin9823]

Clarity!

[@malvikachandhok8571]

I've seen two videos so far from your channel and you're doing such an amazing job! I wanted to say that your videos are so calming (no one's shouting at the camera unnecessarily - what a relief! :P) and so to the point! I'm glad that in a world filled with tiktok music, sensationalization, selling polarizing content etc. - your content is refreshing and has so much to learn from. More power to you! :)

[@WintWealthYT]

Thank you so much!!

[@mayanksingh7814]

The description is wrong at 4:34. It is "Why he moved to Bangalore" but, in the video it is "Why he moved to Bhilai". Just FYI.

[@sathyanarayana887]

Nice to hear...thanks to my late dad i already inherited more than Rs 10 crs...still working since last 13 yrs...plan to retire early...job & salary nothing but modern slavery...lot of politics in corporate world

[@Ragnarok_7917]

Bro that 10 crores itself compounds .. u can lead good life just with interests .without,bothering about inflation

[@xxswa123]

Loved it

[@prashanth-5429]

There comes a time when you will know, you'll make a million. Just give it some time.

[@EVTV_India]

I have worked with Sumit Ramani and he is an amazing human being.

[@sumitramani7801]

Thank you, Sumit!

[@KuldeepNegichannel]

Worth watching it, thank you 🙏😊👍

[@WintWealthYT]

Glad you enjoyed it

[@accentius]

Loved this conversation and I hope many people see this and get motivated by Sumit to be financially independent. Thank you Sumit for sharing your journey.

[@619ry7]

Actuary is underrated professional very few knows about it

[@WintWealthYT]

True

[@sumitramani7801]

Indeed :)

[@35mm_DREAM]

​@@sumitramani7801 is it a well paying job like tech industry or surgeon ?

[@sumitramani7801]

@@35mm_DREAM I would think so!

[@nagarajubandi3131]

Nice financial planning

[@shunyabinduinteriors]

Hi sumit,ur an emotional person attached to ur parents and care for them.Now a days ppl are not inclined to live with their parents and want to settle abroad for the so called " better prospects".Ppl leave their old parents in india under some caretaker or an institution where they are taken care of.Its heartening to see and know that you have been able to strike a work life balance.A persons life partner should also be a supporting one to take such decisions in life.All the best to you💐

[@sumitramani7801]

Thank you for your kind words and such a thoughtful note. Yes, the wife was super supportive. Otherwise, this wouldn't have been possible. Also, I think, in my case, stars aligned. Many would want to transition for circumstances come in the way

[@shunyabinduinteriors]

@@sumitramani7801 tq for replying back.regards abhijeet

[@sumitramani7801]

@@shunyabinduinteriors Thank you, Abhijeet. More power to you!

[@DrKallalPramanik]

Very helpful. Do you suggest any organized approach for investing in startups?

[@varunkalra8115]

Hi I like all your inspirational journeys, can you please also try to cover the blue collar job professionals where money is less, work scenario is stressful and the guidance that could be given to those people, so they can also dream of respectfull retirement.

[@dr.subhash3436]

Stopped to see this inspiring discussion at the mention of my birthplace Bhilai. 😊

[@anshkumawat1548]

One aspect - Rental exp. / House cost etc should also described.

[@narendramanral3484]

I have already retired @38 with 15 lakhs😅

[@rajeevanp2561]

😂😂😂

[@vitthalwalunj]

Modi ji ki jay ho..!! Once credited in my account I wil also retire

[@tanwikulkarni6433]

Thanks for sharing your journey with so much honesty - really helpful!

[@WintWealthYT]

Glad it was helpful!

[@sumitramani7801]

Thank you, Tanwi :)

[@ronalddmello9321]

Bottomline - FI means having control on your time..

[@yogeshyadav-zm1yt]

It was really nice and clear.... I have similar plans by next 2 year i am also taking retirement....this kind of videos really helpful to understand..... life after retirement..... nice presentation....❤❤❤❤❤

[@WintWealthYT]

All the best

[@yogeshyadav-zm1yt]

Thank you...

[@nisheetjain7814]

very nice video

[@nithinextreme]

30 and sitting with 2Cr in investments. Planning to keep doing this for the next 10 to 15 years and retire at 10 to 15cr. Many people fail to understand inflation and 1.5 lakhs/month is not going to be after 10 years.

[@SM.28]

Never Settle ✊🏻

[@sumitramani7801]

Absolutely! Dust settle hoti hain :)

[@SM.28]

@@sumitramani7801 true ♡

[@utkarshwalke5301]

Thank you wint wealth for Creating this type of content.

[@WintWealthYT]

Our pleasure!

[@sumitramani7801]

Absolutely loved the output