How To Retire in your 30's ? What is FIRE ? Ultimate Guide FIRE Financially Independent Retire Early

[@MoneyPurse]

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[@RakeshR111]

Bro before marriage only 35000 expenses means After marriage how much expenses 😮😮😮😮😮 After kids 😮😮😮😮

[@vinodkumar-lq7oo]

​@@RakeshR111 After mrrg 50k and with kids 60K around you can consider

[@YKR96]

Please lock formulas,which we cannot edit tho8

[@omgboyRam__official]

It's asking password

[@raveendranathreddy3568]

It's asking password. Can u pls share it

[@rrammm6719]

No man can achieve FIRE unless and until you are single for life. The way the salary grows, the monthly expenses increases for any family.

[@1nOnlySB]

edhava pichi pichi masterclasses cheppe so called influencers andharu ee video chusi budhi thechukovali. Kudos to MoneyPurse team ❤

[@YKR96]

Post retirement go to village and do agriculture, you will get peace, health and achieve fire easy

[@juicyfruit9213]

Thank you very much for such a valuable information.ok 10 yrs mundu money purse channel unte chala bagunde di.

[@RajeshMeda-y1h]

Very well explained. 1. Health uncertainity, kids education and family functions, Travel, peer pressure ...lot many things to be covered as part of the FIRE ideally. I believe we should get the number and get the same generated through passive fixed income source. And handle the volatility with other investments !!

[@ItIsMeJiyaGurnani]

We can only think of this, if we have an emergency fund(12x ur monthly expenses), an ongoing term insurance snd a health insurance.

[@srinivaskumarnandepu5482]

I agree your last 5 minutes of discussion - we should occupied for something for day time. i'm retired by force due to my family member death and even though i have good corpus i should feel like i should work for mental stability. thanks for video SAI garu,,

[@HiTvTv-o3z]

Wonderful Sai Anna super and so genuine thoughts about financial freedom. Anna pedda dandalle neeku. Na age 33 already sagam jeevetam ayepokotesyanu. Career start chesinapudi meeru dorki unte matram nen laksha adikari unde Vanni I guess . But thanks alot Anna and money perse team. Chala helpful 😊

[@SimhadriBoddu-o8g]

thank you so much sai for sharing this wonderful video my retirement at 51 years

[@andyakasova748]

Ela chuskuntu pothe life ante bayamesthadi..basic savings basic investment chedkondi life enjoy cheyandi..intha constraint tho life chirakosthadi

[@sairammdkr]

There is so much buzz on this topic these days. It’s always good to be financially independent but retiring early is not a great idea I think . Thanks for adding diff perspectives/ real time problems of it . Thanks Saigaru.

[@MoneyPurse]

Glad it was helpful!!

[@50cents44]

by the way - what will do after retiring early ?

[@Amarnath0880]

@@50cents44 RE doesn't mean , you will sit idle post retirement. Its gives flexibility to be out of rate race and act as per liking. One can travel, work with NGO, teaching, farming etc

[@raghuganapam]

Retirement doesn't mean you don't do anything, you will have hell lot of time to do what ever you want , go to dance classes, learn music, hit the road , trading etc..

[@pathurichandramouli3150]

సాయిగారు అన్నిజాగ్రత్తలూచెప్పి అసలు విషయం చెప్పడం మరిచిపోయారు…. మీరన్న గోల్స్ అన్నీ పూర్తి చేసుకొని 40 ఏళ్లకే fire అయినా ఇంటివద్ద ఖాళీగా కూర్చొంటే పెళ్లాం చేతిలో మూడుపూటలా “ఫ్రై“ కావడం ఖాయం 😅😅 …కాబట్టి ఏ ఈడుకి ఆముచ్చట65 దాటాకే రిటైర్ కావాలి

[@Amarnath0880]

FIRE అంటే ఇంట్లో కూర్చొని గోళ్లు గిల్లుకోటం కాదు. నచ్చింది చెయ్యడం

[@praveenkumar-gk8yw]

I am 31 now and already reached 50% of FIRE, targeting to retire by 35. I will chose a peaceful job in my home, i have teaching experience in the past. I will be mentally dead if i work in IT for 40 above.

[@Amarnath0880]

Please explain , how you reached the FIRE number?

[@MoneyPurse]

All the best andi

[@venkynavya1]

​@@MoneyPursepls reply me anna

[@venkynavya1]

​@@MoneyPursemeru last tym kuda formula open kadhu aslu

[@praveenkumar-gk8yw]

@@Amarnath0880 from last four years, I am spending only 20 to 25% salary, making sure every month I am keeping 1.5lac aside from my salary to achieve fire, Also, i do swing trading with 15Lac capital. Remaining amount i put in FD with 7.75% interest.

[@Ruth-c4q]

Sai Garu please do one video about EPF higher pension option is Good or Bad..please do some Research and make a video..This video will be helped to lakhs of employees..Dont forget...Hope you will start research immediately

[@bharathananthuni]

Hello Sai garu and team..thanks for this informative video. I watched this video some times..I entered values in the fire excel and got a positive outcome.. But agreeing to what you explained in the video, this FIRE concept is not fool proof and there are too many loopholes in the concept to take it seriously. For now, I would still keep the values in tact this year..and revisit the sheet every year and see how this calculation stays inline with practical/real life situations here in India.

[@saiprakash8872]

Aaa stress kosam mey nenu mee videos chustanu anna❤ Love you all

[@mounikareddy6873]

Hi Sai garu For 25x = 4.22cr For 30x = 5.06cr Thanks for sharing the excel

[@Amarnath0880]

So your monthly expense - 140500/- !!!

[@MoneyPurse]

All the best

[@mounikareddy6873]

@@Amarnath0880 I'm an NRI andi, though it's not my present expenses but for future purpose it good to know the figures...that's where I tried with imaginery values although I knew its not accurate...

[@Amarnath0880]

@@mounikareddy6873 Good to know. Yes,, being an NRI you need to consider higher multiple . 25/30 multiple won't suffice as being an NRI you are accustomed to a particular life style

[@praveenthatipally]

Good video Money Purse Team, You guys have put in the practical points in addition to the number game

[@spavan1690]

Thank you very much sir for the information.. have a great day..

[@anandrao9177]

Pls increases the voice modules anna not louder but the FIRE concept is so wow I will apply...!

[@sureshgarine]

very well explained in the Indian context. Thank you Sai

[@MoneyPurse]

Most welcome

[@ravimethuku]

Hi sai anna Me videos valla chala nerchukunnanu Stocks lo 0 nundi mi videos thone nerchukunnanu Thank you sai anna & MP team

[@basinakishan]

Hi Sir every thing is crystal clear, just a small doubt current investment daggara monthly entha invest chestunnamo enter cheyyala (or) yearly entha invest chestunnamo enter cheyyala (or) ippativaraku entha invest chesamo enter cheyyala??? I humbly request you to please clarify. Thanks in advance same concept ki chala mandi money thesukuntaru.... YOU GUYS ARE AWESOME

[@mohanchowdary9594]

Excellent thank you so much brother ❤ if any person wants to lead spiritual life after retirement then only FIRE is suitable otherwise consequences are painful

[@Amarnath0880]

There are so many people leading fruitful FIRE life, even in India

[@royalnaveen2592]

Very matured analysis Sai anna. With love ❤️. Yeswanth gari timings and comedy chala baguntai. Jokes with content sharing ❤️❤️❤️

[@raghurampuvvada5426]

Sai garu and team. Your efforts to educate both upside and downside and adding Indianize touch to it is truly amazing. Stressing on the downside and other factors is most important in any of the finance planning concepts and your presentation on it is commendable. Please take a bow team. 👏 👏

[@sandeepboyina4526]

Sai garu.. good explanation..Good work.. Don't bother about other financial influencers. Thank you sharing your knowledge.And I had been following your channel since you started your channel.

[@MoneyPurse]

Most welcome

[@MVSReddy-yn1md]

Yes Sai garu your explanation is very practical.. thank you for being practical

[@jeevanjanjirala5644]

well said brother all questions are very true and it has given me deep insight on early retirement.

[@Santhosh-nq8zb]

Superb sir...koncham video sound ekkuva undela chudandi sir..

[@MoneyPurse]

Noted

[@VidyaPrakash]

​@@MoneyPursenijam anna

[@pavantej9666]

As always great work MP team. I like the way for making this video interactive ❤

[@MoneyPurse]

Thank you so much 😀

[@gmrao202]

Thank you saigaru, really I got a good point related to age 77.

[@Phanindrakd]

❤ to the drawbacks which u exposed. Thanks sai anna for unique than others

[@chandrashekarbk007]

FIRE: finance investment returns enjoy 😊, nice video Anna , money purse team is on fire 🎉

[@sathishbatta6781]

Hi Sai Garu & Money purse team, Thank you for sharing full information on FIRE concept with Excell sheet🤝☺

[@jyothi6569]

The information is great, each and every nook is covered. Thank you money purse team😊

[@mkc1203]

Always.. valuable information from you.... Thanks for educating like us.. I am near 40 now... But my thoughts are changed :)

[@lsaikumar4003]

Thanks for the informative video Sai garu and MP team. Please take the below action: Please add a column for the Lump sum money one would have or will get in the future. Thanks once again.

[@harishgoud3846]

2:08 2:10

[@nandakishorevj261]

Impressive Sai garu. Thx for taking time and making the .xls file. Indeed very useful. It would atleast give us some idea about how much fund would be required for retirement devoid of other aspects which are unaccounted for as you have alerted us. Three Cheers to you and your team.

[@vjmsatishkumark7707]

Excellent explanation SaiGaru Thank you ❤

[@metlajaisuresh2262]

Hi sai anna! Very informative; thank you so much!

[@harikishangullapalli]

Video is fine, Sai anna. Actually, FIRE concept is a bit flawed. Not just lifestyle or kids education, a lot of other expenses are not covered in these calculations. So, FIRE pakkana pedithe, we need to calculate the expected expenses each year, till we turn 60. This will include kids, lifestyle, appliances, travel etc. Calculate it using 6% inflation. Then back calculate the present value of money. Now, chart a course of desired income and desired investment journey. Ila aithene we will be FI. I figured it all and the excel is of almost 20 sheets. Konchem complicated anipistundhi, but okkasari chesukunte terrific ga untundhi. Also, look out for lean FIRE, Fat FIRE, Barista FIRE etc. Levels untai ee FIRE lo.

[@harikishangullapalli]

After 60 ki we can then extrapolate. Just example ki 60 anna. We can do this exercise for 100 years. But each year is unique

[@srivishnav]

Hi Hari garu, if it is OK, can you please share your excel to people so that we can get good our financial planing ..

[@padmakar143]

Sai garu, excellent points to be remembered on the drawbacks. Started following your channel recently and liking your videos day by day, thank you very much for sharing your knowledge with everyone.

[@MoneyPurse]

Glad you liked the content!!

[@kurumellasatyarajesh2800]

Thank you so much sia garu.

[@Animoninaveen]

Present chala members video ni open cheyakundane chusthunaru dhani valla youtube channel vallaki income radhu because ads play avvavu ga so Na assumption correct ithy 1.25x speed lo chudamani cheppadam oka trap dheni valla viewers video open cheyalsivasthundhi so appude adds play ayye meku youtube income generate avuthundhi Best planning

[@srujan99]

Thanks Sai garu... I got answers for my questions on this.. when I was first heard about on other platforms I was very much impressed but when I was thinking I got few queries now you covered in your video by stressing the RE.. Thanks for that..

[@MoneyPurse]

You're most welcome

[@kalwavikas]

I really liked the draw backs which was highlighted

[@thekodalisankar]

Great explanation brother Yes, this concept has flaws not at all worked if you have a family.

[@MoneyPurse]

Exactly!

[@bhanutejaa1494]

What ever the points you said, i totally agree with you

[@h.d.99]

సాయి గారు 55 to 60 years మధ్యలో రిటైర్ అయిన తరువాత మిగతా జీవితాన్ని దేశం కోసం ధర్మం కోసం సమాజం కోసం అంకితం చేయాలి.జీవితాంతం ధన దాహంతో ధన వ్యామోహంతో జీవితం గడపకూడదు.మానవ సేవయే మాధవ సేవ,అవయవ దానం చేయండి పునర్జన్మ పొందండి.జై భారత్ జై జై భారత్.

[@YASHWANTH25691]

Chala baga chepparu.

[@ram7324]

Haha evaru babu

[@h.d.99]

@@ram7324 నేను మనిషిని బాబు.

[@maheshh12758]

Appudu cheyyadaniki amuntandandi ippude cheyyaligani

[@kiranrayaprolu424]

ఏం 60 కి ముందు చేస్తే మీకేమైనా అభ్యంతరమా 😂

[@nalinis6879]

Thank you Sai Garu.

[@pavankamishetti2571]

There is nothing called retirement, you will do this or that, Paid or not thats all it is , Financial freedom is to do what you love to do , it not for not to do anything :)

[@maheshh12758]

Chala rojultaruvata manchi video vachindi

[@pavani44thiruvarangam54]

1. Don’t retire at 30 gain knowledge and do something meaningful till your last day of your life

[@9902908180]

@Ask money purse, Hi Anna pick my question this week. How do claim Un claim dividend? Cause I did not change my bank details in the Dmat account for the last 02 years and that account was closed a long time ago.

[@nareshalla6454]

Very good information

[@nashaik7765]

too good content andi. Thank you

[@saikiranramireddy9234]

Reality lo ivvemi avavu baya manchi planning cheskuntu fallow ayyi velthey 50-60 years madyalo retire avvachu aa planning cheskokapothey jeevitha kalam daridralu annubavistu final gaa oka adbutamaina roju potham

[@SaiNaramdasu-el7fh]

Hi Sai anna. Thank you for all your efforts to give us financial knowledge. Can you please do a similar video for people who are living in abroad and want to retire and comeback to India at an early age? Please consider my request.

[@gmrao202]

Sai garu, also make a video on post retirement life style. When I visited US, I came to a statistics as the retired people are dying early, if they are not working or keeping themselves busy.

[@harikishangullapalli]

Inka Video chustunna...But..Expected growth in salary ante adi meere cheppali kadha Sai anna :D

[@sreekanthreddy883]

Correct ga chepparu bro Thank you Team for your efforts @moneypurse ❤

[@udaychadalavada.]

Hi bro I am big fan of yours, thank you for sharing your knowledge, you gave us very good financial knowledge with a good and smart thinking. Thank you for your support, coming to the point 8lac or above per annum antey kastam bro. Ma laga 3lac to 4 lac per annum vallaki kuda oka manchi video's chey bro. which includes retirement scheme or how much corpus should be built for retirement by 55y, financial independence, children educational expenses, investments like these. Koncham mamalani kuda pattichiko Sai bro.

[@Amarnath0880]

మీ రిటైర్మెంట్ కి ఎంత అమౌంట్ కావాలో , మీ పిల్లల చదువులకు , పెళ్లికి ఎంత కావాలో పక్కన వాళ్ళు చెప్పలేరు. అది మీరు డిసైడ్ చేసుకోవాలి. డిసైడ్ అయ్యాక , ఆ అమౌంట్ ని ఎలా achieve చెయ్యాలో ఆడివిసోర్ ని అడగాలి.

[@udaychadalavada.]

@@Amarnath0880 aadhi telisthey nenu ee videos yendhuku chusta bro🤪

[@Amarnath0880]

@@udaychadalavada. మీ రిటైర్మెంట్ కి ఎంత అమౌంట్ కావాలో మీకే తెలియకపోతే పక్కన వాళ్ళు ఎలా హెల్ప్ చేరతారు. ఉదాహరణకు, మీరు కార్ కొనాలని అనుకోని అడ్వైసర్ దెగ్గరకు వెళ్లి ఎంత అమౌంట్ కావాలి అని అడిగితే, ఆయన 10 లక్షలు అన్నాడు అనుకోండి, కానీ మీరు కొనాలి అనుకున్నది BMW. సారిపోతాయా, 10 లక్షలు?

[@udaychadalavada.]

@@Amarnath0880 na vudesam yentantay, let say na pillala medha aadhara padakunda brathakalantey oka certain amount kavali, aadhi na mind lo vundhi, oka middle class family yentha amount built cheyali aani, deeniki inflation, unknown expenses, oka certain age vachey sareki medical expenses which was not covered by insurance, regular expenditure ect,. Ma mind 3cr aani oka figure vundhi, but aadhi nenu chepithey, na way lo calculate Correct or kadhi Naku teliyadhu, meeru chependi kuda correctey, oka figure cheppalisindhi.

[@Amarnath0880]

@@udaychadalavada. ippudu mee age entha?

[@Ramjipatnaik]

Unfortunately I am watching this vedio @40😂

[@nandeeswarareddysivaiahgar2121]

Ohh God, please reset😅

[@MoneyPurse]

😂

[@SingerHemanth]

😂😂😂

[@moto23785]

😂😂

[@MoneyPurse]

No problem andi, you can start your retirement plan even now. However you need save more money compared to younger ones

[@csamarnathreddy]

Great explanation. Thank you @Sai for detailed explanation by considering the actual and practical issues in this concept

[@kalyankalyan259]

well explained Sai Anna..

[@krishnasaichamarthi5766]

Problem in the Excel calculation is that, I don't invest all the remaining amount other than expenses. Instead it is better to provide an excel which provides the user to enter his annual investments and annual increase in investments.

[@srparuchuri4157]

But education inflation is more than 15% and health inflation is 10%. The inflation of 6% stated in calculation has spoiled the calculation. If we use realistic inflation, then we may not be able to retire. May be each individual should fend for self. Nobody depends on any body

[@Amarnath0880]

This calculator is exclusively for your retirement. Its already mentioned in the video, for kids and other expenses, you need to do alternative arragements

[@VIJAYShortFilms]

SAI GARU Miru emi anukonante oka genuine feedback .. Miru koncham gattiga matlanandi, Mi voice mi (blue yeti mic) mic ki reach kavalikada... mi pakkana unna person laaa koncham gattiga matlanandi.. kavalante 2:26 lo chunandi mi voice ki bro voice ki thedaaa.

[@MoneyPurse]

Noted and thank you for your feedback

[@ramankumardasari9149]

Getting Scared About After Knowing All Of These One And Only Main Support Is Income ( It Is Backbone For All Of These ) So, Increase Your Income Constantly & Start It Early If It Is Not Yet

[@jayasurya3499]

Please also tell good investments and better equity funds

[@BunnyBean]

Good detailed explanation

[@somsaik]

Thanks sai garu & team for the efforts 😃 Few influences are conducting workshop & charging for the same content 😂

[@MoneyPurse]

Most welcome

[@sumanth8804]

Nice video brother loved the suggestions 🎉❤

[@MoneyPurse]

Glad you enjoyed

[@tvinodkumar830]

మంచి ఇన్ఫర్మేషన్ 😊😊

[@nagamastanraogudipilli2550]

sir, Current investment is - amount till now we have invested OR per year investment?

[@MoneyPurse]

Value of the invested funds andi

[@venkatdanush7669]

Anna nenu ipude stock marketing gurunchi telusukovali anukuntunaa.....meeru eminaa training provide chestaraaa...pls anna....am doing software job...am interested in stock market...love u sai anna...❤❤❤

[@phanitej3122]

Some body is coping exact same video after you released I realised your pain

[@nareshkamurthi05]

We want this kind of content🤩

[@tarunkumarvella9157]

Indianised version of Financial Independent Retire Early (FIRE) must be Financial Independent Reduce Stress (FIRS) Financial Independent Assert Yourself (FIAY) Financial Independent Eliminate Stress (FIES) because early retirement will bring lots of stress. Asalkey manam stress sidha hastulum (icons). Old ayi opika untadi ledo malli world trip okatey Manaki takuva. Dialoguelu manaki korathey ledu

[@anuradha4r96]

Good morning Sai garu

[@chandrasekhar9435]

Excel part superb..

[@raveendranathreddy3568]

How end value calculated? Pls explain

[@varas999]

SBI SIP MITRA concept or icici freedom SIP or hdfc dream sip can plz make the video

[@poornapalla871]

Good Evening 🌜🌜🌜🌜🌜 Soooooo Super Informational Video 👌👌👌👌👌👌👌👌 Thankyou So Much SaiSir and MP Team 🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏

[@MoneyPurse]

Most welcome

[@sirlakarunakar8032]

My suggestion 30 % Market, 40% fd or 30 gold & real estate lo oka 2cr investment chesta least return 9% expect chesina.we will achieve financial freedom Anna.

[@mohdahmedpasha493]

Total any crore unte 30% 40% 30% Lo invest cheyavacchu Inni crore etla vasttyi Job chesi wastada? Cheti lo 80000 vasthe qarchulu 40000 vellipothe monthly 40000 ante yearly 500000 save chesi 20 years lo 1 crore avuthadi Present age 25 inka dabbulu save chesina age 20 total 45 years lo 1crore malli Illu epuudu konaali? Gold lo epoudu invest cheyali, Market lo epoudu invest cheyali Meeru mahaanubaavulu sir 😢😢😢😢😢😢

[@rajpatel2332]

Hi Anna I am 20 years old I reached 20% of FIRE

[@MoneyPurse]

All the Best, however please check once again

[@Amarnath0880]

How did you reached at your FIRE number?

[@hariprasadnukalamarri233]

M P team always super

[@MoneyPurse]

Thanks for the love🙌

[@rayhope9232]

Do some practical videos What is your age now Are you retired at 37 with same return

[@JKReddy-y8y]

@askmoneypursre , all your calculators are non modifiable and not able to put big numbers. Please increase the width of each column so that bigger numbers will be visible

[@bharanikp]

Already iam 45 sai anna invested 5,50,000 in sbi mutual funds till date since past 5 years also invested in

[@bharanikp]

PPF 5,00,000 since 10 years

[@manikanta7803]

What's return rate?? @bharanikp

[@bharanikp]

In which you are asking about manikanta 7803

[@rajeshuoh]

ఇది జరగాలి అంటే ఎవరూ పెళ్లి చేసుకోకూడదు, కున్నా పిల్లలను కనకూడదు, కన్నా మంచి స్కూల్స్ లలో చదవకూడదు. then you can achieve it.

[@MoneyPurse]

May not be andi, people do achieve by doing all requirements

[@sandeep5368]

Thank you so much 🙏🙏

[@bharathchandra3046]

Health problems valla expenses increase avtai definitely during 60's

[@ajayavardanreddy8353]

Bro, Is there financial advising services over the online/offline services

[@ramkrishnageddam6056]

Hi Sai Garu, Hope you are doing well.. Are you giving financial planning to clients. If yes, I would like to know?

[@pjosephkumar]

Chala Baga chepparu Anna..

[@phaneendrat4542]

Annual income lo income after tax enter cheyyali, have noticed few people giving ctc as anual income which is not correct...

[@malleboinarajashekhar5469]

Govt employees ki any suggestions for the investment in mutual funds in the stock

[@vijayd3561]

Hi Sir, How to buy Institutional stocks in our Country