Recently, I've been pondering retirement. I've also want to put $300K into the stock market but i need an approach that will align with my risk tolerance and financial goals to secure our future
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
I dont know if you are confortable trying finacial advisors recommended on comment sections but well, Svetlana 'Sarkisian Chowdhury' is the licensed advisor I use. you can Just search the name. You’d find necessary details to work with to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Sip is a blessing for new investors. During my college days, I started with 500 per month sip in a small cap fund before Covid. My returns in the funds were almost 80% in 2.5 years time. Don’t underestimate the power of compounding!
you can do excel sheet, but problems with the model: 1. Inflation not accounted on the monthly expenses post retirement, it should also increase, so 84,000 monthly would not remain constant over the years 2. no Account for life goals - child's education and one home for old age, let alone a car or marriage Account these things, and you'll realise it cannot be done with small SIP of 10,000 (15% up every year) only with 12% return
9:36 You can correct me if I'm wrong, but what people are saying about becoming rich on an Excel sheet is certainly true. You have factored in the inflation rate and incriment rate in your calculation, which is great. However, when looked at practically, a person who lives to 85 won't just spend their entire savings on limited monthly expenses. There will be various points in their life where they'll have to spend a significant amount of money: buying a house, a car, weddings, children's weddings, etc. So, no matter where they invest, they may not have the amount of money you anticipated when they retire.
Exactly u need to set aside a good amount of money to invest and don't touch that amount for a good amount of time to make it. Bolna aur sochna bahut easy karna bahut tough hai
Also, post-retirement inflation is not factored into the equation. So, even if the individual accumulates the expected wealth under unrealistic circumstances, it may not suffice for them to sustain their lifestyle throughout their lifetime.
I'm in my 50s and I'm more interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multimillionaires.I pray that anyone who reads this will be successful in life❤❤❤
22-26 tak meri average salary 27-28 k per month rahi woh bhi out of hometown. Savings karna challenging ho jaata hai sach mein. 26 ki age mein hometown mein 42k in hand milne lage the and I was able to save 35-37k a month. Uske baad se confidence bada aur financial independence ki taraf badne laga.
It was 2014 when i met CA Neeraj Arora sir who gave us beautiful mantras for life during GMCS. Main ca nhi bani but unki learning aaj bhi meri life ke mantras hai. He made me little extrovert from a introvert person. Thank you sir
I have been very skeptical of Prakhar in the past. But, few videos of Prakhar have had a deep impact on me. And, one such was the philsophy of fight club. It is great to see his content coming back in the game. Good luck, mate.
@@DheerajSingh-us9nj मतलब सिर्फ गिने चुने लोग ही ऐसे इनवेस्ट प्लान कर सकते हैं क्यूंकि गवर्नमेंट जॉब में कुल आबादी का सिर्फ गिने चुने लोग ही जा सकते हैं 😅
I came here after watching reel on instagram,I can say that every single second of this podcast was worth it.I gain very much about MOney from this Podcast. THANK YOU Prakhar Bhai.
Chatgpt answer Future value (FV) can be calculated using the formula: FV = PV * (1 + r)^n Where: PV = Present value (initial investment) r = Interest rate (in decimal form) n = Number of periods Given: PV = 1 rupee r = 12% or 0.12 n = 100 years Plugging in the values: FV = 1 * (1 + 0.12)^100 Calculating: FV = 1 * (1.12)^100 ≈ 1 * 13,780,748,415,821.72 So, the future value of 1 rupee after 100 years at 12% interest would be approximately 13,780,748,415,821.72 rupees.
Sir, That is the great reply. Nobody is thinking of the Taxes..After all deduction can anyone say the Calculated amount will be sufficient which is mentioned in the Video. SIP Investment is good it is far better than the Savings account Interest but truth is Your lifestyle will be better from your current lifestyle. But if you are thinking these huge calculated figures will make you super Rich it will a Dream only .
*It's always an honor to have you here as a mentor, I learn a lot watching your videos and it has encouraged me in making decisions about my finances that changed my life. Imagine my initial startup budget of $2,500 gave me the profit of $10,500 in just four days. I must say that working with Caitlin Jeffrey is the best*
So surprised someone mentioned Caitlin Jeffrey. Imagine my $3k turned $12,400. Anyone who is not investing is missing a huge opportunity. I advise newbies and busy investors to seek her guidance.
@@m_PraveenPandeybest midcap finds dekhlo aap, aur top 3 me sip kardo equally. Around 15+ percent cagr mil hi jayega. Investing se pahle research kar lena.
20 saal mein 3cr ki value kam ho jaayegi Sip kitni ki daalo - jitne ki daal sakte ho daalte jao aankh bandh karke everyones situation is different Sip daalo main index funds for nifty, bank nifty, nifty next 50, etc dont go for other fund manager vaale mf
@@m_PraveenPandey 10,000 SIP in quant small cap direct growth. It's a very risky fund but within 15 years 3cr paar ho jayega. Suggestion to do your own analysis before investing 😇
But problem hi ki 25 sall me bhe paise lagenge na … its not like ki invest krenge and 25 sall tk paiso ki jarurat hi nhi pdehi …. Toh un kharcho ka kya???
Nothing new was said in this podcast that was not said in PKP 2020 episode 1 with Neeraj Arora or in Dostcast. But Neeraj Arora is always a delight to hear.
I am a big fan and follower of CA Neraj Arora sir. Because of him I watch the ful podcast. His explanation skill are at the top. Love you Sir. I am also your student Sir.😊
To calculate the future value of 1 Taka after 100 years at a 12% interest rate, the formula used is the same: \[ FV = PV \times (1 + r)^n \] where: - PV = 1 Taka (the principal amount) - r = 0.12 (the interest rate) - n = 100 years This formula applies to both returns and interest because it compounds annually. The calculation results in the same value: \[ FV = 1 \times (1 + 0.12)^{100} \approx 83,522.27 \text{ Taka} \] So, the future value of 1 Taka after 100 years at a 12% interest rate would be approximately 83,522.27 Taka.
Prakhar Bhaiya videos like these candid pratical questions and their reasonably true answers .... these talks Let go my anxiety of being financially responsible and trying finding ways....
I have a doubt in the calculation, as Neeraj sir has calculated 82k will come as monthly cash flow after he turns up 50 then for next 35 years inflation will also work hence these 82k will not hold same worth when he will be 50. Please correct me if I'm wrong.
Bro a person who is earning 25k a month will easily have a monthly expenditure of 18 to 20 k . It is not just about own expense but ghar pe bhi to paisa bhejega aur agar ghar ke bahar reheke naukri karega to uska bhi to kharcha hoga.
Completely agree that if we stick to simple Nifty index fund and expect 10% that is annualised then it's enough to get you financial fitness and freedom no question asked.
A person whose age is 25 And he earns 30k months If he invested 10k month in sip he usually get 19%p.a If he invest continuosly for 15 year he would have 1.02crore And his age will be 40 After that if he would like to invest in fixed deposit he would get monthly 60k. His whole video explained And if you take risk then it will pay you
Sir I have queries Related 85 year of SIP 1 rupee every month but inflation rate also impact after 85 years 1.24 cr value will be 32000 only as per inflation Rate change
Bhai 26 years mein per capita income bhi to $2,600 se $20,000 par pahuncha jayegi over 100 years ye per capita income aur jada badh jayegi sath mein inflation bhi compound hoga tumhara over those years uske baad jo bacha waha par thoda bohot fayda hoga.
These two are missing an imp point. Its not about what you earn but how much you are able to save. For most people, unless you earn in excess of 10L p/a, your badic expenses can wipe out a big chunk of your earnings... I mean think about it, unless you live with mum & dad, rent free, it is very difficult , to save and grow your money.....
He clarifies in at 24:00 minutes of video this part that who is earning today 25k some or other point of time he will also earn 1 lakh and more so he can now invest more of his money and at the end this whole scheme will balance out giving him the desired output
I am 23 and I earn 3L per month. Software engineer here :D I started with my first job with 33k per month. Now working with a US based startup remotely from India.
In my humble opinion the calculation shown at 11:27 min of video is done wrong because "Real rate of return is missed" means ((1.08/1.06)-1)/12... and this should be used because you need to use discounting rate adjusted to inflation .. here in the example given inflation is 8% which is more than 6%(discounting rate).. so all calculation is flawed... Please correct me if I am wrong. As per my calculation the amount needed is 2crore 20lakh eighteen thousand 4hundredand ninteen. When Inflation is8% and Discounting is 9% Monthly expense today ₹ 12.000 Number of years left to retirement 25 Inflation rate 8,00% At the time of retirement monthly expense will be (FV: Future value) ₹ 82.182 Remaining life after retirement 25 Discounting rate 9,00% Real Rate of return 0,0772% Future value if required 0 Amount required at the time of retirement to get monhtly expense from remaining life span ₹ 22.018.419
When I Started my Journey to become a milionare, like when i started earning money it was 10k per month working 2 hours per day a month, now i earn 30-40K with the same amount of time and i am only 20 and doing ACCA to learn more about finance and have a keen interest in multiplying money, i get my money compounded like 10% per month and if i would continue this i might have 1 crore in next 5 years, by investing only 3 lakhs..
What an Inspirational video Sir..Thank you very much for inspiring narrow minded people who thinks like " aaisa thodina hota hai ".. Thank you very much.. Eagerly Waiting for second video Sir⭐
To calculate the future value of 1₹ with a rate of return of 12% over 100 years, you can use the formula for compound interest: Future Value = Present Value * (1 + interest rate)^number of years Substituting the given values: Future Value = 1 * (1 + 0.12)^100 Future Value ≈ 1 * (1.12)^100 Future Value ≈ 1 * 13790.92 Future Value ≈ 13790.92₹ So, the future value of 1₹ after 100 years with a 12% rate of return is approximately 13790.92₹. am i wrong or misunderstood something else? Btw i did understand the point but numbers...
Bhai, Average earning family abhi bhi below average life jee rahi hai....High Tax, High Education Fees, High Loans Rates, High Cost of Living....Aapki geniune advise innocent logo ki help kar sakta hai tho bahut acha hai....Thank You....
Real answer is sir has been teaching actual income come from teaching at mass scale in every 6 months foundation passed students come for admission Let's say 1000 in every 6 months take classes from sir 2000 in an year Lets say average fees is 20,000 some students take all subjects some take selective subject 2000× 20,000= 😂😂😂😂😂😂😂😂
bhai ek hi request hai audio matters in podcast so invest on them please ye baat pata nahi kyu most of the podcaster ko bolna padta hai aur mera mtlb ye hai sound clear hona chahiye ek ka volume high hai ek ki low, sala kano ka band baza hua hai
Prakher, I would like to express my gratitude for your insightful videos, through which I have gained valuable knowledge, both from your content and from the wisdom shared by the Neeraj Arora Sir."
its a coincidence maybe but you mentioned bhiwani and i am from bhiwani and my CA Inter exam just ended today and i am here listening to OGs. Brilliant Episode ❤
18 year old teenagers are making 2-3 crs in the stock market and they plan to start crypto exchanges and forwards and futures! You don't need to be 50 to make a fortune
Great video, trading come with a lot of benefits And I have just bought my first house through it. As a beginner I was scared of loosing my savings but I’m glad I took the bold step that is now favoring me...
Bhai badi baat to nhi boluga but jaisi Excel sheet ye dikha rahe hai na waisi sab bana rakhi hai Maine 1 saal pehle hi... But 100 baat ki 1 baat Paise se Paisa Banta hai, limited hai to return bhi limited hi rahega..
Look I love the content both of them put out. Neeraj sir is my audit mentor and Prakhar is my mental well-being mentor. But I don't wanna go through with the whole podcast clip if I'm not given a sure shot answer to the questions. Anyone can tell me things by talking around the bush. That's not what I'm looking for. So unless this podcast isn't gonna talk about right mutual funds to invest in and just hammer the "importance" of having one, I do not want to watch this.
Wow, this video beautifully highlights the incredible potential of investing and the power of compounding through mutual funds! The way it breaks down the steps to make money by leveraging this strategy is both enlightening and motivating. It's fantastic to see such valuable financial wisdom being shared to help everyone build a more secure financial future. Thank you for this informative and empowering content..!! K33p it up..!!
bhaiya pls make a guidance video in 12th passing kids just joining college . mene aapka 80% poora channel dekh rakha hai but i still feel a lot of pressure and anxiety regarding college . " kya mein apne 4 saal jo opportunities milegi unka judicious use kar paunga " & and similar ques . basically a vid on how to make the most out of the 4 years . and ik i am contradicting all lessons from byung-chul han , hyper productivity and all that stuff .
A suggestion for non Hindi speakers - it would be great to have english subtitles included in the vid to make it more inclusive to a general audience. I happened to come across Warikoo's video which has this included and helped me follow his Hindi content. Thanks guys!
Bhai kasie 100 saal tak 1 rs monthly 12% rate se 1 crore kon se calculator se mai hota hai can you explain chat gpt ans is FV=PV×(1+r)t Using the values you provided: ��=1PV=1 (1 Rs) �=0.12r=0.12 (12% as a decimal) �=100t=100 years Now we can substitute these values into the formula: ��=1×(1+0.12)100FV=1×(1+0.12)100 Calculating this yields: ��≈1×(1.12)100≈1×11212.91FV≈1×(1.12)100≈1×11212.91 So, with a 12% annual interest rate compounded annually, the future value of 1 Rs after 100 years would be approximately 11,212.91 Rs.
My question is if spending 10-12k per month is equivalent to 82k at the age of 50 but the person who is spending 12k now won't be able to continue once they get married start a family The expenses will increase to 40-50k every month So 12k now (which is equivalent to 82k then) doesn't hold because with time his 12k expense will increase to 40-50k which means 1-2 lakh by 50 yrs of age
You should also calculate after 50 years ke baad when he’ll withdraw 82k that time also due to inflation it will go even more , you should calculate it to till 85 years
