How much money you need to Retire? |Retirement Planning |Retirement Calculations ft. Lovaii Navlakhi

Рет қаралды 67,878

Күн бұрын

Do any of us really want to be financially dependent on others as we age? The answer is likely 'no.' Long-term planning for our silver years takes a back seat when present requirements demand so much attention. Also, taking in retirement corpus figures can be overwhelming.
But it need not be that complex. It’s inevitable, and we gotta start somewhere: 1. Just know how much you need for your retirement, and 2. start investing small. In this video, Lovaii Navlakhi, a registered investment adviser, walks us through the same. He explains the various variables involved in calculating the magic figure. If you want to customize as per your requirements and check how much you need and the monthly investment required, check this Excel link in this story - tinyurl.com/mu4x3drr
Time Stamps
0:00 - 1:06 - Introduction
1:07 - 4:41 - 25X of expenses
4:42 - 7:13 - Life expectancy
7:14 - 9:15 - Stepping-up investments
9:16 - 10:43 - Handy retirement table
10:44 - 19:48 - Inflation, return and expenses
19:49 - 21:11 - Alternative options
21:12 - 22:33 - When to start saving for retirement
22:34 - end - Closing comments
Links to Refer
Learn more about retirement planning here: zerodha.com/varsity/chapter/t...
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#analysis #investing #finance #stockmarket #financialeducation #varsity #zerodha #retirement #planning #personal #100 #corpus #sip
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Пікірлер: 65

@JustChill76 4 ай бұрын

My Retirement Plan is as follows: If your monthly expenses is Rs.50,000/-, then your yearly expenses would be Rs.6,00,000/-. So Plan in such a way that you get Rs.18,00,000/- per year. Rs.6,00,000/- for your expenses and the balance Rs.12,00,000/- for your savings and investment, which will take care of Inflation. Now, even if you invest in Bank FDs which gives 6 percent per annum, you will require Rs.3.6 Crores as Retirement Fund to earn Rs.18,00,000/- per annum. Keep another Rs.40 Lakhs as cushioning fund. So you would require Rs.4 Crores, which is a fantastic amount. If your monthly expenses is Rs.25,000/-, you would require 2 Crores and if your monthly expenses is Rs.40,000/-, you would require around 2.5 Crores to 3.0 Crores. So on and so forth. I feel this is the easiest way to plan the retirement fund. Hope it helps

@girishsharma6268 5 ай бұрын

Saving money is easy but unfortunately many people doesn't have money to save.Thats a problem.

@subhashperi 4 ай бұрын

Because some/most people do save the wrong way. The ideal way of starting to manage one's finances is Earnings - Savings = Expenses and NOT Earnings - Expenses = Savings. The former is doable since the latter doesn't work at all.

@shyammadireddy6909 3 ай бұрын

Marriage chesukuni, children's ni kani vallani mepey sarikey unna money motham ayipothunnayai

@WalterWhite-og6wj 3 ай бұрын

Nope. Saving money is not easy. I know many folks having more than 1 lakh per month salary but they fail to save even 10K per month.

@anirudhpaul2000 4 ай бұрын

The biggest flaw i see is the basic assumption that one is earning a salary til 60 and that too the salary is continuously increasing allowing a savings of 2 lacs pm. In real world salaried people who are working till 60 are mostly govt employees but their salary doesn’t grow that fast, but most of them will have pension, hence they are not worried. In private sector do a real research and find out how many are able to continue with an increasing trend till 60. Many shift to other stuff mid career or are forced too and they have to start from scratch. The years lost there are not accounted for, and that’s very much a real situation for even bright candidates.

@abhijeeticon 5 ай бұрын

Love to hear people like this with so much wisdom, Thanks a-lot for sharing this.

@DrKallalPramanik 5 ай бұрын

Lovaii sir, your clarity of thought is truly delightful. Thank you for this video.

@angshumanpandey 5 ай бұрын

Too good and pragmatic, especially the part, taking risk after panic years of retirement

@user-kv7wk5yt2v Ай бұрын

While saving money is important but for that you need money..most people in India cannot afford that since there are not enough jobs, universities overall infra ..Best way is to push govt to make some policies for retired people for financial security post retirement

@prasadjamdar8743 2 ай бұрын

Its very nice video and good information. My only question is that why all FA take 60 years as retirement age. In today's world its rare for person who works till 60 years. Either they are laid off or they are burn out. Only Govt. salaried person can work till that age. It would be great if they realistic number in current market situation

@vkarkhanis 6 ай бұрын

Another strange thing is -- the pre-retirement returns assumed is 8℅ (from the table shown earlier) and post-retirement 9% ?? Does not make much sense. However one thing very correctly mentioned is, the actual expense can be guaged only when you are above 35 atleast

@natrajc4423 5 ай бұрын

Are you kidding me? There r lot of flaws in this video: 1. Life expectancy can never be beyond 80 given the nature of stressed lifestyle we lead 2. He mentioned invested adjusted is not calculated for 25x of current annual expenses. but if you r invested in simple index funds that you do systematic SWP then you r good to consider the 25x of current expenses

@maheshmoharir9314 16 күн бұрын

Content of this video is applicable only for high salaried class. No point in wasting your time. Zerodha varsity is located on another planet.

@vaharish 6 ай бұрын

Very helpful

@cheerfulun 6 ай бұрын

Thank you zerodha 😊🎉

@Wonderer1356 4 ай бұрын

How do I get connected to this expert for consultation?

@ajayaasatkar571 5 ай бұрын

As per human psychology saving is hard and investment in too hard. But if you treats investment as your saving. That's make your life better and better.

@namitajain68 4 ай бұрын

Most of us never earn salaries these big. It is a bit scary that all these discussions assume that people listening are earning in lakhs per month.

@dillards99 5 ай бұрын

Could have elaborated on where to invest the retirement corpus...

@manudreamboy Ай бұрын

10 grams gold per month is monthly expenses.Accumulate as little as 4 kg of gold to support till 102 years of age.and keep earning till 102 years of age. Thinking retirement is rubbish idea.and retirement planning is worst thought to plan upon.

@akhandbha 4 ай бұрын

16 crores after 30 years is approx 2.7 crores today.

@Jacob-yn7dh 19 күн бұрын

wise people think ahead and realise the market but the economy donot need people like u...

@jerinstella 6 ай бұрын

WISDOM TALKS.

@kishorsahu2263 Ай бұрын

What is honestly meaning of retirement in life I don't know please acknowledge me with worm regards,

@dm5665 2 ай бұрын

Don't be deceived by a retirement age of 60 years. In the private sector it is 50 years or less. IT employees should think about retirement before 45. Beyond 45 years job is a bonus. Here retirement means from job, not from work. Think abt starting some business, plan accordingly. Save as much as possible during early age.

@vkarkhanis 6 ай бұрын

Why would you need monthly SIP of 80000/- to reach 16 crores in 30 years. Even if you consider 11% annualized returns you would reach your goal with 60000/- per month Remember we are talking about long term of 30 years. If you cannot expect even 11℅ then why would I invest in Equity at all !!

@meetme59 4 ай бұрын

ideally you shouldn't invest 100% in equity, investment is combination of debt, fixed and equity component like MF, PF, NPS, Insurance etc.

@vkarkhanis 4 ай бұрын

@@meetme59 Exactly, so put 60000/- in Equity rest 20000/- in NPS or PPF. We are talking about 30 long years and therefore it should be aggressively in Equity (Rs 60000/-) and Rs 20000/- in safer instruments and not 80000/- SIP

@meetme59 4 ай бұрын

@@vkarkhanis that would work for initial years, but once you are near retirement ,like 10 years to go you, ideally you would be moving the more and more amount to debt to play safe. I agree 80k is very conservative but you need atleast 65+ in mix of investment to get to 16cr safely.

@vkarkhanis 4 ай бұрын

@@meetme59 after 20 years yes, but not from very beginning

@anandsharma8041 2 ай бұрын

There are so many assumptions in calculation of retirement corpus. many assumption can work in favour or against you. so dont worrry about those assumptions. Simply go for 25-30X of your annual expenses. Thats it, have peace of mind. Baki "dekha jayega".

@nikhilhalyal1296 5 ай бұрын

Considering all the inflation and other economic conditions why would one spend one lakh per month after 60?. My grand parents had a good life post retirement. Their expenses were hardly accountable . They did travel everywhere . Not an expert though but somewhere these numbers are kinda unrealstic

@DrKallalPramanik 5 ай бұрын

With all EMIs paid, the child's education and other loans out of the picture, along with decent health coverage, the monthly expenses, which are currently at 45, would shrink to less than 50% by the age of 60. I notice my parents are managing well with a fraction of their pension earnings.

@NaNa-lt1po 5 ай бұрын

exactly.. as per these folks everyone will need 50 cr to retire...

@radhikamalpani2927 4 ай бұрын

How to calculate retirement corpus for a person who doesn't want to get married EVER.

@doomsday7627 6 ай бұрын

not practical....only hypothetical...may be only for a niche category

@gnanakumarr.v3172 6 ай бұрын

Sir iam 23 i start invest one year ago i prefer only index fund investment and i make a calculation if i invest 5000 for next 37 years i will get 4.1 crores and i transfer my 3.6 crore after tax in liquid fund from 6% return i make 21,60,000 every year that was i plan is it ok or i make any changes can you tell me

@NITISHBHATT008 6 ай бұрын

Bhai, at 23, do investing in small cap only🙏(after creating an emergency fund obviously). This is the age you can take higher risks and grow your capital. Do not just buy any Index fund just by watching some videos of KZbin influencers. And why to park your full money in liquid fund after retirement 🤦🏻‍♂️😂

@SaraApr24 6 ай бұрын

@@NITISHBHATT008in long run even small cap will give same return say for 20 years and all. So better to go with index with less risk option

@NITISHBHATT008 6 ай бұрын

Request you to please check the data sir, small cap has given 6-7% more returns than any index fund@@SaraApr24

@manorakhee 5 ай бұрын

Keep adding as your income increases. 👍

@GolbalEduVentures 5 ай бұрын

@SaraApr24 less risk is always not good...!

@Sunday_Munday 5 ай бұрын

❤ Peter Lynch of India 😄

@1998MA 5 ай бұрын

Video format very much sporadic...

@akhandbha 4 ай бұрын

It's not that complicated. Pay yourself a salary in retirement and live within that

@info-tech2017 3 ай бұрын

Make videos in हिन्दी

@Tiff_Howell 5 ай бұрын

Nice Video, I'm interested in investing for retirement, I read a success story of a guy that made a profit of $4.5million in 28months and I'd really appreciate tips on how to reach such figures in a short period of time.

@dineshgarg1577 9 күн бұрын

Made Too Complicated... 100 year . Why not 130 Years when this gentleman says human can live till 130. Zeerodha Versity needs to rebook what they r serving to its audiance.

@manojvarghese6783 4 ай бұрын

Expecting 70 age is better. After age 60, do systematic withdrawal plan for 10 years and go to heaven.

@gauravipal9518 4 ай бұрын

With improvement in healthcare, most likely, you will live beyond 70. What happens if you live libfer than 70?

@7nachiket 4 ай бұрын

Nobody takes into account increasing severity of diseases nowadays too, incidences of heart attacks, more obesity etc and that epidemic like COVID. You will be really lucky to touch 70

@srinathpadmanabhan 2 ай бұрын

@7nachiket but it's always better to plan till 85. What if we survive till 80 and our savings run out at 70

@user-gb1jy3qz9i 2 ай бұрын

Be realistic !! Do not do any program for the sake of doing it. Life is not mathamatics

@suneelreddy6046 6 ай бұрын

Not really see benifit of this video. Many ifs and buts, and tons of assumptions.

@NITISHBHATT008 6 ай бұрын

That’s why a financial advisor is needed 😊

@divyanshumishra7896 6 ай бұрын

This is life

@suneelreddy6046 6 ай бұрын

@@divyanshumishra7896 agreed, this topic become a video selling unfortunately. Zerodha like house could have generated a better video.

@ajaisharma3028 4 ай бұрын

Why are you wasting our time if nothing can be planned

@Sameer-er3wz 5 ай бұрын

Just a suggestion. Please say, "Can you please tell us more about that?" instead of "Why don't you talk about that?". Both age and knowledge need to be shown respect they deserve.