How Did I retire in my 30s?

[@AkshatZayn]

Reserving my: "How I became a Millionaire by 30" story for 200K subs. So let's get there fast, yo! :) Sign up for my Newsletter ► akshatshrivastava.me/subscribe/ Linkedin► www.linkedin.com/in/akshatshr... Instagram► instagram.com/akshat.world/ Telegram► t.me/akshatshrivastava ********************** Since many folks are talking about: hey, you are not considering inflation. Well, in India the inflation is high. It (a) decreases your purchasing power every year (because the prices go up) (b) also it increases your investment amount every year. Therefore, this somewhat cancels each other.

[@ameennazeer12]

U will get there very soon Can't wait for the Video❤️

[@jaheedashrafpasha1872]

iam 22 years old presently iam working in IT company iam fresher so my salary is low around 15k can you tell me best way to retire at my 30's ways to make more money...

[@rs9984]

Going by the incremental lift in your subs everyday I'd say we would get to see the video before the end of this month. All the best!! :)

[@3010amit]

"Hey, Akshat" ..... Can you make some videos on strategies for Intraday trading? There are innumerable videos on trading but only a few have the same level of cool headed practicality as yours.

[@shishirkumar821]

Are you going to do jihad? You are planning to retire so early

[@AyaanFarax223]

I was rich by 32, and retired. I'm now 58, and even richer, but it isn't as fun as 32.If u aren't rich by 40, don't give up,

[@cristinabaker5292]

Getting rich over decades is ez. No one wants to be a rich 70yo. Being rich at 32?....thats a party!

[@mooreleigh8928]

I'm

[@rianosherry860]

@@mooreleigh8928 get a money manager because you’ve saved a good bucks.

[@mooreleigh8928]

@@rianosherry860 😭😭😭I’m interested in meeting your your manager, but just scared of the heavy presence of scams in our social media space today.

[@alinaally6048]

@@rianosherry860 wow, good luck to you. Jennifer Elizabeth Boland investments exploits speaks for her.

[@chetantiwari3764]

I also retired at the age of 30 and that too, just on the corpus of 40 lac which I created after working for only 5 years, saving 80% of my salary and started investing it in stock market just from the beginning...picked all the great mid and small cap companies which gave me excellent CAGR returns of around 60%.. I have zero debt on me,No credit cards and insurance policies (Robert kiyosaki really helped there to understand cash flows and assets & liability)..life is absolutely awesome...I just feel that I wasted those 5 years of my life doing the bank job(which I hated like hell)...but I had to do it as I wanted initial money to invest...and being a banker, I also got to know about the financial traps people get trapped into.

[@veramonique1724]

l love your video. Large investors need to understand the content of investing completely differently than small investors do. Warren buffet once said that if he has one million of capital to invest he would guarantee a return of 40% per annum. It would be very interesting to understand the different valuation methods for valuing investment

[@danieljamal3709]

The decision to invest is an acknowledgement that it comes with certain risks. Not all investments will do well and some may lose money. However, without risk, there would be no opportunity to potentially earn the higher returns that can help you grow your wealth.

[@helenoliver4838]

To manage investment risk, consider maintaining a broad diversification of your investments that reflects your personal risk tolerance, time horizon, and the nature of your financial goal.

[@veramonique1724]

Remember, diversification is an approach to help manage investment risk. It does not eliminate the risk of loss if security prices decline. Because investing can be complicated, consider working with a financial professional to help guide you on your wealth-building journey.

[@randydl4238]

who would you endorse ? I've lost so much on my own

[@veramonique1724]

TAMARA DIANE HAGAN, she is an expert who does the heavy lifting for me, she makes research on stocks, and adds my portfolio with stocks for monthly and yearly earnings.

[@mooreleigh8928]

I’m 41, and my partner is 50. We have $800,000 in retirement savings and make $250,000. We want to retire ASAP but know our money won’t last. What can we do?

[@AyaanFarax223]

My portfolio grew by 100% within 6 months. Couldn’t have put it better myself. Last year a colleague introduced me to a financial consultant Jennifer Elizabeth Boland who has been helping me find investments that have significant growth potential. She invested my money in reputable companies which their stocks must always rise after any dip.

[@kucheranraina9201]

When I retired at 63, I had accumulated a little more than the LW in my IRAs. Just like the LW, we had no mortgage or any other debt, and we calculated we could easily live on our SS and wife's pension. We truly retired... there was no need to do any kind of W2 or 1099 work anymore. We invested our IRAs into fairly aggressive stocks and bonds, which generated an average $165K increase annually these last 10 years. We "distributed" (took out) close to $100K a year for vacations, travel, fun, and other investments, i.e., real estate and crypto. We envision that we can easily do this for another 15 to 20 years when I will be in my nineties. Don't know if the LW will be able to this for the next 40 to 50 years. It can be done, but on the other hand, I was at the prime of my life in my forties and fifties, earning more money than ever before and truly enjoyed the path my career had taken. I cannot imagine living the lifestyle I live today back in those years.

[@mooreleigh8928]

@@AyaanFarax223 How are you investing? i need something more aggressive to grow my portfolio, What do you think I should try?

[@AyaanFarax223]

@@mooreleigh8928 I would;advice you to reach out to Jennifer Elizabeth Boland. Through her you can get strategies designed to address your unique long-term goals and financial dreams

[@basconevinnie647]

We are headed towards massive inflation and a recession. I advise you to work 5 more years. Retiring at 46 and 55 is still early. Working just 5 more years and continuing to invest as you are, should give you plenty. Better to have a little too much, than not enough.

[@shubhamsingla7048]

This guy and Think School (Another youtube channel that got a lot of traction of too in recent times) are my go-to channels for these days. Superb videos.

[@vishalnangare31]

Yeah, and maybe we are evolving, literally.

[@harikris5]

Agreed value adding content.

[@anua8134]

Think School is next level

[@vedananda1]

Think school lacks, the practical analysis and more of theory. I appreciate the content though.

[@வந்தேறிதெலுங்கன்]

Even then his video has hit less than 2 Lac views, There are 120 Cr people in this country. That way we are those few who will be super rich by 2030.

[@henryjones6303]

Identifying the right investment can help you increase your earnings and accelerate your financial goals in tremendous ways. My earnings from stocks got me out of debt.

[@jackholley4286]

Investing is a marathon, fividend stocks are tried and true way to earn passive income.

[@amberhills5296]

The stock market may seem like a safe bet, but might end up declining in value depending on the whims of the market.

[@geraldbenzinger9703]

Truly, I’m considering investing in the market but there’s plenty of research to find good stocks.

[@kumarvenkatesh6600]

Identifying lucrative investment is tasking, Investors with a lower risk appetite should stick to basic strategies

[@aureliocantos8466]

@Scott Riley I’ve read reviews on Frost Hilda’s trades on few investment forums, how profitable has he been ?

[@anandsingh1070]

Commenting so that Akshat never stops making such videos.❤️

[@AkshatZayn]

Thanks for the support Anand :)

[@suhasmg3542]

Could you please make a video about investing in US stocks

[@vishalnangare31]

Yes, and when we work...?😅🤣❤

[@rajm8682]

@@AkshatZayn hey Akshat love your videos! I’m 31 and have 80 Lakhs saved . Hoping to retire by 40 ! Thanks for your video & Wish me luck that would mean n lot . ❤️ ( monthly expenses 70k-1lakh , no house : will live on rent , car 🚗 wagon R )

[@rajpai9047]

@@rajm8682 Hello Raj , how have your saved 80 L so fast that too within 30 yrs age...can you let us know what career are you currently into ?

[@anilpokalwar3459]

Nice information in simple language. After seeing your videos, I always share these videos with my Son. Thanks for sharing. Even I started sharing in my Office group.

[@abhinavravi7380]

Fabulous as always. I planned to (and hopefully still will) document my own journey from being pretty broke (current status) to being financially independent by 30 through writing and on KZbin. Knowing you and your journey has really pushed me to take this up and I'll hopefully start soon :)

[@Simplifiedeverything]

The way you explain is really soothing..No need to mention about the content it’s alway top notch.thanks for all your efforts.

[@kaushikdasgupta2349]

Good video. What would be the multiplier (instead of 33) for someone wanting to retire at 50?

[@jaspreet_official]

You'll have 200k within a month. Your videos are honest and very logical. You are doing work that Zayn will be very proud to see when he grows up :)

[@bharadwajcvs]

Thanks

[@0shabeeb6]

This channel is so underrated. waiting to see you hitting 1M

[@vinodpund1574]

Really appreciate your help 🙏 Same thing I learned from my grandfather.

[@rajendradeokar2543]

I have never grown this much personally before this channel. Keep it up akshat

[@viawhatsapp9196]

Feed back appreciated☝️ Let's get in touch on what'sap for more interesting insights And to build a good portfolio.

[@ambadasism]

I always try to not miss out any of your videos, only because of the content you bring on the table.

[@highwayman8698]

Rob a bank ( like in Money Heist) and retire early.

[@sathviku5957]

Kitne tejasvi log hai

[@shubhanshuyadav5045]

Sigma rule 569

[@bhaveshtolani2820]

Real ID Se Aao Vijay Mallya 😂

[@Iphonebywrongchoice]

Vijay mallaya didn't cheat or stole money from anyone. But all the gujaratis starting from nirav and lalit modi, are the real frauds.

[@sathviku5957]

@@bhaveshtolani2820 vijay malya paid 75%

[@sumeetbhujang2756]

Blessed to see this video when im 24. Your videos are super addictive man! One of the most practical finance master!😀

[@InsiderGyaan]

Loved this video! ❤️ I have been going through the same planning process right now, to retire by 40. One thing I struggle with is - estimating cost of children's education etc especially with it becomibn such a huge cost these days. Another pain point - biggest criteria is to assume same quality of life. But I guess people would want yo reture early so they can do other things (like travel and do location independent jobs in my case) - that's a big variability as well and requiring a lot more effort to estimate accurately. Anyway thanks for this video! :)

[@sunshine22333]

Dont have children, they are just waste of time and money

[@InsiderGyaan]

@@sunshine22333 that I agree 😛

[@brutallyhonesttt]

@@sunshine22333 A M E N

[@debopamseal1072]

From what I've seen, if you've planned on having children and you don't earn over 20 LPA ( depending on how old you are and save more than 70% ) early retirement is not an option, atleast not before 40. If you don't want to loan out the whole of you children's education and make them bear it for their whole lives that is.

[@kashisevakjanhit2809]

The most pronounced aspect of your videos is the element of Honesty. Your knowledge (subject matter expertise) and diction are simply brilliant. The concepts you deliver are amazing. Plz keep doing the good work. we love your capability to deliver complicated stuff in such a lucid fashion.

[@hitanshugokani4743]

I just graduated from college and I’m about to go into my first professional job, thank you so much for these insights sir!!

[@pranavbansal6531]

Best Channel till date ❤️🔥

[@dharmachiranjeeviraju8539]

Love you man, excellent advise. Especially i like the way you express and especially your smile

[@sathishkumararuljothi2484]

4 percent rule is fine for countries like USA, where inflation is 1 or 2 percent. To adapt this calculation for countries like India, you need to take inflation into account. You might argue that you are going to invest the nest egg in the stock market but it is highly volatile. Again psychology of people wins over numbers.

[@sukrit1708]

Absolutely agree with you Sathish. A quality of life needing 25k/month today would translate into 50k/month in coming 10 years (assuming 7% inflation an year). Plus he doesn't even talk about adding dependents (children etc) and meeting their expenses in future such as education, marriage etc.

[@dhananjaymalhotra7854]

@@sukrit1708 In a country like India , inflation rate is 6% only on paper. The reality is much different. Post second wave , prices of most items have increased by 25-30% in a few months. On the top of it , there is no relaxation provided by the government for a common man. The city where you live also plays an important role in deciding upon your early retirement. In cities like Delhi and Mumbai , the corpus needs to be huge and one has to be extremely adaptable to learning the financial concepts so that money can be generated from equity markets etc. regularly.

[@RAAMASHAAMYC]

I appreciate your sincere dedication in preparation for the video. It's very helpful.

[@ishaangupta5627]

Thank you sir for giving us immense knowledge on financial freedom. I always wished to have a mentor like you. Thankfully god listened to me . We all are arjuns and you are our dronacharya. Thank you again :)

[@ritikraj2301]

So simple so good so enlightening. Your videos are like watching a tv series daily something interesting comes up. By far this is one of the most rich content channel on KZbin.

[@kumbaiahn8505]

Hi Akshat, Very informative video 👍 I would also advise to include emergency funds for medical expenses, children education, inflation (must), taxes while trying to calculate retirement portfolio.

[@vishalvishwakarma7603]

in just 2 days I'm addicted to your channel.. keep sharing your knowledge!

[@siddharthmajhi1]

Akshat I loveeeeeeedd this video! Sach may I can't help emphasize this more! Keep making such great videos!!!! The way you say all the right things really pulls me to watch each and every one of your videos!

[@AkshatZayn]

Thank you so much 😀

[@alhuckabdulkaffar647]

Akshath you are really good. I’m binge watching your videos. Thanks for making quality content like this. I’m liking all your videos and hitting thumbs up as well.

[@meetprajapati2868]

Why you ignored Time Value of Money and Inflation rate. As returns are not TVM or inflated by years stably.

[@sudheerveturu6068]

Akshat, you are literally the Senior/Mentor/Brother I always wanted but never had!

[@mohammedyounus9825]

Multiple income streams is pathway to become millionaire. Thanks Akshat for this viedo 🙌

[@AkshatZayn]

You're welcome :)

[@lostt3435]

Sir,thank you for making this video. It was so easy to understand and the way you explained, it kept me engaged through the entire video.I am 20 years old. Today I'll surely make a plan for saving n investing so that i can retire early😊.

[@SidharthSPanda]

Thanks for your genuine life advice. You are a real gem. ❤️

[@AkshatZayn]

I appreciate that!

[@arvindkc.331]

That's very nice presentation Akshath. This is what people should know early in life coz financial literacy is so poor among college goers.

[@KushalMestri]

Where is the element of inflation considered in all this math? Expenses of 50K per month today might sound like a decent amount. It's peanuts 10-15 years down the lane.

[@padhusmart7138]

Put in stocks that may help you on match the inflation & give growth also

[@DayEndTrader]

Inflation is built into the Trinity study. Simply put, your will gradually go up but your portfolio of investments will go up too. Please read it in depth it will really help you clarify things.

[@absolutemadlad7828]

Stocks give around 11-13% if you invested smartly inflation is 5-6% you will always earn 6%,as the inflation rises so will ur income as long as you spend under 6%

[@Devanshugoel]

best youtuber to learn about financial knowledge .

[@Rkd01989]

Hi Akshat, expense *33 gives us retirement nest egg… but what we missed is the inflation…. Today’s 100 might be equal to 10 rs or less… so 1Cr might be equal to just 10lac…(hypothetically speak)… so what amount is good say after 30 years from now?

[@caustic576]

Good point. I was also think the same Example and studies used in this video are from countries that do not witness much inflation (US AND UK). Other points to be factored in are 1. Expenditure will never stay constant even though lifestyle may. Eg more kids, parental expenditure. 2. Also to start doing something you like (akshat definition of retirement) will always require some expenditure. Whether it be upskilling, or investing something for your post retirement career

[@prateekr.k6294]

If prices go up then its safe to assume the investment value goes up too so it cancels out each other and inflation is around 6-7% avg but stock indexes return avg around 12-15%..sooo the investment value will be beating the inflation..and lets say total 1 cr is your calculated goal and every year u take out 3% and inflation is 6%..so u will be losing 9% every year but indian stock indexes avg is around 12-15% sooo every year your 1 Cr will be growing

[@Rkd01989]

@@prateekr.k6294 good analysis … but ur seeing only with respect to share market… and everyone won’t do that… some might choose MF or gold or may be simple FD… irrespective of that the returns are different… but as price increases, the investment value may or may not increase… that depends on ur investment… So I think Akshat should consider the 6-7% of inflation when he calculated the 3lac with 25k monthly expense…

[@prateekr.k6294]

@@Rkd01989haa bro but thats one more step after financial freedom where you have to beat 6-7% inflation and some extra percentages to grow your corpus so your 3% expenses raise with inflation

[@yogeshrajan]

Great Video Akshat. it explains in crystal clear manner the nest egg required to lead a certain quality of life. But readers please bear in mind the amount excludes the money you need for other goals like kids education, their marriage (which in India is a must) and other material assets you may need before you retire. The only way is to work your butt off to create multiple income streams (forget work-life balance and think of work-work balance), and have as much money for other goals too before you think of retiring.

[@chinmaykalkeri]

KZbin finally recommended me some useful video

[@srisrinivas9873]

I am laughing like anything by looking at this comment

[@mp4_sachin]

Already on the path, videos like these keep bringing in the much needed motivation time to time.

[@Wanderingfoodies]

Minimising cost was and still has been my go to mantra, I had been using a 2008 model alto for my office commute, an year after my MBA I landed a job in amazon and was saving a really good chunk of my salary. However, my family softly pushed me into buying a brand new car only one year into the start of my career. Now my car's EMI, maintenance and fuel cost combined costs me ~40k monthly. I live with my parents only hence don't have any heavy expenses. But I feel this purchase decision has pushed me years behind my plan. Any suggestion which can cut my losses short?

[@piyushmishra4694]

Start skipping ur Breakfast.

[@swapniljagtap6479]

Your way of English speaking ..the communication and presentation skills are excellent. The way I aspire to have and for which I'm training myself.

[@Kuldeep_malviya]

Hi Akshat, we need to consider inflation as well. Today 25k can be good enough for quality life but for the same lifestyle we would need more money when we retire.🤔

[@hruthikms9828]

One of the honest u tubers I've ever seen

[@ivinitmittal]

Love the thumbnail!!!👊🏻😂

[@AkshatZayn]

Haha thanks Vinit! :)

[@ivinitmittal]

@@AkshatZayn 😁

[@pusparajsingh8787]

I just have to come to your channel to get my daily dose of learning. Thanks a lot for such insightful video

[@adityaraj1769]

KZbin was created for this channel to come up and be the CHANGE!!

[@AkshatZayn]

Thanks buddy :)

[@MeltingTheta]

This is so Awesome. Akshat seems literally very talented and it feels like he genuinely shares his knowledge.

[@rajaraiden]

Sir ..thank you very much..your video is awesome 👌 But could you plz clarify how about invest 1Cr in FD with RI 7%? Only stock market is right to invest Plz clarify my doubt

[@viawhatsapp9196]

Feed back appreciated☝️ Let's get in touch on what'sap for more interesting insights And to build a good portfolio.

[@dpl7259]

Oh! now I got a clarity about the best time to retire. Thanks Akshat.

[@abhijeetpatil4297]

I appreciate your efforts and the perspective you trying to bring in, however I'm curious to know if inflation was considered here, it being soaring high these days. Also even if we beat it by generating an alpha, how sustainable it would be.

[@varnayujr]

Good question let me explain u. U r investing 1lakh in 2021,the current inflation rate is 6%.So in order to beat the inflation rate next year u gotta invest 1lakh 6 thousand,similarly in 2022 inflation rate becomes 8%..then u gotta invest in 2023the 8% of what the total amount u r investing in year 2022(i.e 1lakh 6thousand)😇

[@lijogrge]

He is in an imaginary euphoric state and copying numbers. Just like theory in a textbook.

[@sumansaurabhnanda]

Realistic and proof originating video with a very strong framework of strategies and models. Beautiful!! I agree saving is the 🔑 and Earning more could be done by developing and enhancing skills. Thank you.

[@Rishi656]

Thank you KZbin’s algorithm for recommending this channel. I came across your channel last week and since then I’ve learnt a lot of new things and which really have helped me. Anyway to connect with you? Keep up the amazing work, Akshat. Thank you!

[@Akash-vx9wl]

I agree with your definition of retirement. I have targeted that by 35 I will make such corpus so that I dont have to work hard but just enough and what I want to work for

[@rrvasanth2007]

This video is based on US economy....where interest rate is almost zero....in India if u consider FD interest rate of 6% p.a , a corpus of 2 crore will give an interest of ₹12 lakhs per year....1 lakh per month...and ur capital is intact

[@pixel8547]

FD interest rates were 9-10% just few years before. 6% is now who knows what it'll be after 10 years 😅.

[@SG-js3xt]

bro india me inflation bhi hai

[@cynthiamachado8168]

In India taxes are high.

[@rrvasanth2007]

India is also gradually going towards developed nation category....20 -25 years back, u could get 10% pa interest for FD s...Next 20-25 years, we can see about 2% interest rates....by that time, about 30-40% indian public would be in stock market..now only about 3-4% Indians in stock market and MFs

[@ganeshbabu1670]

Good to listen that mention his wife in video❤️ .. This shows There is woman behind every successful man

[@ivinitmittal]

F.I.R.E. Community where you at??!👊🏻

[@saurabah]

I've not known about building an alternative source of income until 6 months ago. I really liked how you motivate your viewers to think of prospects of letting money work for you than you working for money sooner in life. I just wish.. I'd have heard of something like this sooner.. better late than never. Good job @Akshat !

[@shashwatpandey5911]

Zayn : Dad, I need to buy a 1 cr Mercedes!! Akshat : For that you need to build a nest egg of 100 million dollars Zayn : 🥺🥺🥺

[@AkshatZayn]

Once Zayn starts reading, I will make him read this ;)

[@smarthub1490]

@@AkshatZayn 😂😂

[@rameshraj5936]

Zayn,don't invest on depreciating items😉

[@thedutchmanflies7878]

@@rameshraj5936 yeah rent it from BBT

[@kunalverma6946]

Sir thanku so much I was thinking about the same about retirement But I could not frame it in words It was always there on my mind👍

[@viawhatsapp9196]

Feed back appreciated☝️ Let's get in touch on what'sap for more interesting insights And to build a good portfolio.

[@chikku18india]

There are other factors to consider like Inflation, Variable Income/Expenses as it’s highly impractical to have a constant expense over a long period of time. Also the Income should also increase along with Inflation. But nevertheless it’s a good starting point to plan for early retirement

[@tsk12171]

So for instance if you are getting a very conservative return of 10% (generally from S&P 500 or TSX Index), and you are just walking out with 4% from that growth corpus, there is a huge gap left. This gap accounts for inflation + any unforeseen issues in the economy. Ideally, a 10-12% return is achievable across all markets. As the base amount compounds, the amount that you withdraw + inflation is all factored-in. So the method is sound, what is required is consistency from our end. Hope this helps in someway :)

[@chikku18india]

@@tsk12171 Well I didn’t complain or contradict on the method suggested. I just pointed out that Expenses can’t be fixed and projected over the years. There are many components which could increase the expenses drastically when compared to the income. Example: 1. Tuition fees of kids can increase steadily and it most probably higher than inflation. 2. Health insurance premiums increases with age So in general expenses would mostly be higher than inflation which in turn would suggest that it would take longer than the calculated retirement age or the income should increase year on year beating the inflation comfortably. Also this process assumes that we should not enter into any long term loans like home loan/car loan till the early retirement else it would delay the goal even further. Though the process looks good on paper and convincing. There are practical difficulties in following it in disciplined and dedicated manner.

[@nikhilpachauri5761]

@@chikku18india these points struck me too but than I realized that he is talking about individual retirement while the other half is still working full time (I assume). If both the spouses are working in this way , than the corpus needs to be pretty high for family.

[@jinfin221]

@@tsk12171 10% return? Per year? Only? Lol better invest in MFs then.

[@tsk12171]

@@jinfin221 I was talking about the S&P500 index and TSX composite in the west just to generalise the returns. In India, we get a far higher return simply by investing in the right stocks. In the west markets have stagnated compared to emerging markets with untapped growth (like India) :). And it was a fairly conservative assumption, haha !

[@KashyapArk1]

Summary 1. Estimate your monthly expenditure Expenses estimate + Quality estimate - determine what amount is ? Retirement portfolio / Investment of at least 1 cr if you are withdrawing money 4 % every year - it will last till 30 years. 2. How much you are saving - Limit your recurring expenses (Track them), track your age, start building your portfolio. 3. What percentage of salary to be saved If you able to save 70% for 10 years then can retire if quality of life is consistent. 4. Basics/Crash course Earn a lot, cut down your expenses, quit consumerism, at least 70 percent to be saved, explore parallel source of income/side income (like upwork)

[@kamalnath1245]

It would have been more accurate if u would have included inflation in the calculations, as the time horizons are in decades. A person spending 25K a month will have to spend 1 lakh per month after 20 years considering a similar lifestyle throughout. Anyways...thanks for this informative video.

[@3010amit]

Hmm, the average investment corpus (say 1cr by the age of 39yrs)beats inflation. Say, for example, a decent mutual fund, will almost always not only beat inflation but also give some returns over and above inflation figures in a functional economy like India. Right?

[@kamalnath1245]

@@3010amit you are right. But I was pointing out the expenses per month which Akshat was calculating. This will always change with time even keeping your lifestyle same. The '1 crore' calculation which involves 25K*12*33 should include the depreciation of rupee. '1 crore' today might have the purchasing power of 70 lakhs after 10 years.

[@renuchaudhry2328]

Thanks for coming to KZbin and sharing loads of insights. Very happy seeing your subscribers growing everyday exponentially :-))

[@AkshatZayn]

Much appreciated!

[@sumitgupta396]

Hey Akshat, thanks for the amazing content. Quick question - Did you take into account the impact of reducing spend power of the monthly expenditure? I might be happy with let's say 25k per month but after 30 years, I would need more than 25k to maintain same quality of life accounting for inflation.

[@sharukhkhan1002]

Fantastic......analysis and confidence on this tricky subject. For me retirement is truly not working under anyone.

[@aadyasaraswat8231]

You gave me a perspective. Thanks for that. 🙌

[@PraveenKumar-ik8tu]

hey Akshat what about inflation?? Was it included in consideration, and that's why u gave 33 as the multiple??

[@charan775]

yes it is

[@Iphonebywrongchoice]

Inflation is included but recession and uncertainty are not included, where you'll lose your entire portfolio.

[@3010amit]

Hmm, the average investment corpus (say 1cr by the age of 39yrs)beats inflation. Say, for example, a decent mutual fund, will almost always not only beat inflation but also give some returns over and above inflation figures in a functional economy like India. Right?

[@bhuvanmahesh5528]

What I love the most about your videos is about your time stamps in the description.

[@GetRealwithRaghuveer]

My calculation was. Take current monthly expenses, calculate yearly. Compound it by 5-7% for inflation for the number of years left to ur target retirement years. 25k monthly, 3L yearly expenses now would be 5L after 10yrs. If one can manage to make investments with 10% return/annum after 10yrs. He would need a nest egg of 50L. If 5% returns, need 1cr nest egg. Live off from the returns and the capital stays intact.

[@eldorado4024]

let me ask u a question how can someone live by just spending 25k a month . he ll be having home loan and car loan added together which make it nearly 60k a month

[@imlkr_]

@@eldorado4024 It's better not to take on such liabilities early on in your career

[@GetRealwithRaghuveer]

@@eldorado4024 dude, it's an example, change it with your expenses...duhh Also car loan you'll have after 10yrs also ?? Understand the logic bruh...

[@AllwarappanSundararaj]

Akshat I love this Topic. And I can see where it went wrong for me on savings. Just 1 year of disciplined saving gives me clarity that you are right. You are in a way enriching the dream of so many people's ( especially younger generations ) financial freedom. I wish you more and more great successes ahead. Would love to hear more from you.

[@bobo6959]

What about inflation on yearly expenses was it considered?

[@AjitJoshi686]

Who all can in city enjoy retirement earning 25K per month. My health insurance is 35K per year .

[@jinfin221]

@@AjitJoshi686 lol 3k pm premium? Are you like a chain smoker? Lol

[@AjitJoshi686]

@@jinfin221 Basic health + comorbidities + Critical illness rider + accidental+ day care plan + Covid ;

[@jinfin221]

@@AjitJoshi686 Bhai maine isse aacha mar hi jaun. Itna premium nahi pay kar raha main.

[@AjitJoshi686]

@@jinfin221 Aap peacefully retire hona chahateho to kharche to padenge. Apake age our health ke hisab se health related kharche badh jaate hai. same for 3o yea old insurance will be in Rs 8-10K per year for 5 lac cover.

[@sivanandamdhanapal9393]

Hi Akshat, It is really worth to watch your channel . clear and simple thought process. Appreciate your effort.

[@MrSatadal]

His secret to FIRE : His wife is working ... LOL

[@craigslist1323]

Ok this is the same strategy wives were using till 1980s, now husbands are doing it. I guess don't need a fancy KZbin channel to explain this

[@chetantiwari3764]

You just killed him by this comment bro😂😂😂🤣 by the way, I am also 30 and financially independent...and my wife is also not working 😂😂

[@samarth7484]

@@chetantiwari3764 kaise bhai kuch tips

[@chetantiwari3764]

@@samarth7484 financial planning bro..saving and investing..minimizing the expenses and maximizing the returns on your investments...that's it😀

[@HJeeva]

Bro he is already a millionaire

[@lakkarajushankar]

Not positive thoughts, but the points what you told are valuable 👍👌 Honestly some lives are different

[@Gurpreetl4e]

Yoo daily new learning

[@avagrace7041]

Early retirement is a dream.. I got to understand that I have to be at the end of my life to enjoy time freedom.. let's hustle to financial independence

[@komalthecoolk]

Has he taken inflation into consideration? Haven't heard him mention it and this whole logic seems wrong

[@asheelu]

Ya true, I thought the same, his plan bound to fail.

[@sharatgaonkar3975]

He didn't use the word inflation but he talked about it at 7:22. Also read the pinned comment.

[@harikrishnareddy7678]

First Like and then watching your videos. Thank you for educating us Akshath

[@AkshatZayn]

So nice

[@harikrishnareddy7678]

Hi Akshat, if you are having any paid services to make better carrier paths?? If yes, please share your official contact details. I'm technology graduate and present working in IT. Note:- Expecting help in better carrier growth for bright future.

[@wonderwoman2949]

'Try to cut down on unnecessary expenses' *meanwhile marriage and kids be like :|

[@ntshkmrntsh]

Point

[@sumitmangar8563]

Great job keep it up 👍👍 liked that cash karo guy here😎😂😂. We need more people to join this new century of financial freedom and spread it like disease for the sake of country nd loved one. Power to you

[@stutiagrawal1018]

Your millionaire story seems very near with the content you're puttin up :) I also believe retirement is not freedom from work rather freedom to work :).

[@ishulamba7923]

I have worked more than 16hrs. for my startup for a period of 3yrs. unfortunately it collapsed but I have learnt a lot and gained a huge experience.

[@jinfin221]

That must suck. Konsa startup tha

[@wearestoa517]

I wanna retire, I am 18🥱🥱🥱🥱😂

[@aj7907]

You haven't even come out of the egg shell lmao

[@wearestoa517]

Yeah man but I’ve invested over 1 lakh rupees of my own money in the market. I aim to be financially free by the time I am 24. 💪💪💪

[@jinfin221]

@@wearestoa517 Show off toh dheko bachche ka.

[@556-g5s]

@@wearestoa517 keep up the spirit . I'm 21 and regret not having this knowledge when I was 18 . Here's to financial freedom

[@ashraflaskar]

I feel this needs to be tweaked a little to account for inflation and additional medical expenses etc. which are common once we are older

[@jinfin221]

Why retire? How about finding an alternative career? Like I'd love to go to a med school during my mid 30s if I'm financially free for life lol.

[@dreamergirl9837]

I am too aiming for that...

[@eldorado4024]

let me ask u a question how can someone live by just spending 25k a month . he ll be having home loan and car loan added together which make it nearly 60k a month

[@jinfin221]

@@eldorado4024 yeah i mean if I'm getting passive income of like 2L/month then I'd think about this 25k is too less.

[@jinfin221]

@@dreamergirl9837 What's your aim?

[@dreamergirl9837]

@@jinfin221 my aim is to do medicine

[@ANASKHAN786]

You are really making good quality content man.

[@vijay-ei8xz]

15-25k goes in rent itself

[@nagaripremnath]

Excellent Mr. Akshat. Keep it up.

[@ishanjaiswal6855]

Wow this is detailed. Some very important insights. Great content Akshat. Subscribed 😊

[@AkshatZayn]

Thanks a lot 😊

[@anubhavsharma3896]

Your words sounds like mungeri lal ke haseen sapne😁, jokes apart. It is just beginning for me but I hope will achieve what I want to. Your videos are very helpful and motivates me to start other sources of income apart from investing in stocks and working 9-5. Thanks a lot for all the information. Keep it up.

[@fardinmun8130]

I'm 24 with no job. This video inspires to me think i too can retire

[@ratankirdolia11]

Best person on youtube on Investment guide...

[@binitroy4074]

Hey Akshat, although the numbers make sense but I wanted to understand if that takes into consideration the money depreciation/inflation rate. Practically 25K today will be equivalent to 10K after 10yrs leading to a dip in QOL. Also the study ignores various scenarios such as child education, vacation or other life events. So we must need an additional corpus amount to drive these additional needs. Any thoughts/logics as how to estimate that corpus will be appreciated. Thanks

[@muthuswamys6157]

Love the smile in your face bro...😁

[@ntshkmrntsh]

At 30: We can be aggressive investor. But as we grow, we might want be on a safer side with our corpus. So, Nest egg should give a return of 4%(Expense)+7%(Inflation)=11%. Which might be difficult as we grow.