7 MUST DO (but HARD) things for Financial Independence & Early Retirement | Akshat Shrivastava

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______________________________________________________
Everyone wants to retire early. BUT, this is an extremely difficult task to accomplish. It takes years and years of careful planning.
I am sharing 7 key lessons from my early retirement that can help you gain early financial independence.
Akshat Shrivastava
Japanese stock market: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-sduYG7IT-mw.html
Dividend Income: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-gAfWIPnbjq0.html
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Опубликовано:

9 дек 2022

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Комментарии : 927

@AkshatZayn Год назад

►You can use Vested to invest in the US Index (NASDAQ); use this link for an exclusive offer: vestedfinance.co.in/Akshat COUPON CODE: AKVES100 ►Check out my finance courses here: wisdomhatch.com/finance/

@kkvijay300 Год назад

25X of my annual expense is enough (assuming not upgrading my lifestyle) 40X of my annual expense is sufficient for an upgraded lifestyle Though I have some figures in my mind.. really it will change with economic conditions..

@pratiks3796 Год назад

How to be knowledge as you please tell me akshat!!

@Lets-trade Год назад

What about NPS.

@RAHULKAMBOJ1986 Год назад

Installed yesterday. Funds transfered. Monday will be my Investment day. I am bullish tooo ha ha

@Lets-trade Год назад

@Akshat. ㊉①⑧①③⑨②③⑤③①⑤ Please comment on other post MF.

@arunachalashiva108 Год назад

You are just location independent, not retired. You are working everyday and I'm sure you are putting in more than 9 hours. Retirement is when all you do is wake up, exercise, cook, eat healthy food, spend time on spirituality and religion, and focus on meeting friends and family regularly and spending relaxing moments daily. Being truly financially independent is when you don't work for money and all income is only passive. Running a consistent youtube channel, multiple businesses, and being a VC is not retirement. Most importantly, early retirement is not good for the economy or for the nation.

@yashashav_dk3766 Год назад

Well said.

@doctorvanitha Год назад

My opinion also I am not like early retirement.Eventhough govt staff also issued valentary Retd early

@suzitkusingh Год назад

👌👌👌

@gymthana Год назад

Well said..

@naviniyerk455 Год назад

Very wisely explained Sir. Working for money is not retirement Working for charity & self satisfaction is True Retirement

@hrishikeshkalita6972 Год назад

Short summary: 1. Diversify in both paper based and non-paper based assets for doomsday scenario 2. Buy growth stocks, not dividend stocks 3. Systematic Withdrawal Plan @ 4%, if actively invested in market 4. In index funds, build reserves and deploy money in bulk when index falls 5. Don't try to time the market every single day. Don't be a maximalist 6. Don't buy paper assets that don't beat inflation 7. Learn to use FDs to bring certainty on cashflow

@aliveuser3293 Год назад

Thanks bro

@VK_2002 Год назад

Thanks for the Summary bro

@gowtham_0702 Год назад

Thanks bro!! Much needed one 🕐

@farhaanarfatquadri4852 Год назад

Good summary

@PramodSubramanyam10 Год назад

Thanks man

@jansmeets6871 Год назад

Success is not built on success. It's built on failure, It's built on fraustration. it's built on fear that you have to overcome. I pray that anyone who reads this will be successful in life

@brendawilson6188 Год назад

You are right.!

@brendawilson6188 Год назад

That is why I had to start forex trading 2months ago and l now am making benefits from it.!

@billytorres3715 Год назад

My first investment with Victoria Alejandro gave me profit of over $80,000 Us dollar....

@billytorres3715 Год назад

And I can even say she is the sincere broker I know....

@libbystevens4328 Год назад

Mrs Victoria is obviously the best

@lucaswilliams9992 Год назад

Transfer of wealth usually occur during maket crash, so the more stoc,ks drop, the more I buy, in the meanwhile I'm just focused on making better investmnts and earning more as recession fear increases, apparently there are strategies to 3x gains in this present maket cos I read of someone that pulled a proft of $350k within 6months, and it would really help if you could make a video covering these strategies.

@lucagreco1787 Год назад

Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

@Vikturneer Год назад

I recently got into the RU-vid financial niche, and I’ve taken a deep dive into investing. Particularly, stock investments as it interests me. I have tried multiple methods to build my portfolio in the past. So far I’m making progress with the help of a pro. Back to the video, wonderful job there.

@Vikturneer Год назад

@Akina M OtienoFor me, as someone who has lived through the 9-5, what comes to mind first is the safety of my funds, With the help of an astute financial advisor, Herman W Jonas, I’ve gotten into stocks and fx, splitting my funds in different assets that have brought me huge roi. I just reinvest and grow my portfolio.

@OlineFarms Год назад

That idea is applicable in all aspects of life. With experienced hands, you generally, get things done more efficiently. Smart people know this already.

@Novakissla Год назад

Contrary to conventional wisdom, you don't need to have a hefty trust fund or ultradeep pockets like mutual funds and other institutional players to start investing. I initially invested $6k, I am making a return of over $15k at the end of the trading week and reinvesting as my profits began compounding rapidly. Herman is a genius.

@user-vg1bk9ux6r Год назад

Finally one channel that actually gives the facts about reality of investing and not just selling dreams to people! Thank You Mr Shivastava for your valuable content!

@sreedharrumandla6417 Год назад

@inrahuljha Год назад

Hi Akshat, I don’t think you are retired now, you are also working hard to make contents and doing investments. I think you have achieved financial independence quite early in life which is really inspiring and something to learn from. Thanks

@InnocentBoyV Год назад

He works only about 12 hrs a week

@harininatarajan398 Год назад

And it's like a hobby, he does what he likes to do.

@marlenaaj Год назад

Other practical steps: Increase your sources of income, Vote wisely(the guys at the top influence almost everything), Spend only on necessities, Pay attention to your health, Always save a good portion of your income, Invest and spread your assets (locally and internationally) and while at it, always make correct inquiries so you don't throw your money in the wind or better still, get the services of an expert (that way, you give little room for error). Made my first million earlier this year this way and financially dependent. Good luck!

@tomthetalker4442 Год назад

Amazing approach though not quite as easy... You mentioned getting assets and using pros, if its not a problem. do you mind telling which asset type, if you used one or recommending a good one? I could definitely use external help right now... I look forward to you replying...

@pizzaguy7998 Год назад

vice nice addition

@marlenaaj Год назад

@@tomthetalker4442 Funny enough, I can honestly relate. Nobody said it was easy as it takes some level of decisiveness and discipline. Mostly Stocks and yes, I used one, I literally know next to nothing on the subject. For the expert, don't know if I am permitted to go into details here, but you could look up "Stephen Joseph Kohlhofer". Not so sure he takes on new people right now, but you could try.

@dr.karidouglas1312 Год назад

@@marlenaaj wow I know this smallish man. Once attended a fundraiser he was also in attendance here in Vancouver,, Great speaker with a funny accent,, He's in the States though, I doubt he works with non residents,,,

@tomthetalker4442 Год назад

Thank you...

@AdityaKumar-ky5ng Год назад

You are the only one person in this entire universe who explains everything honestly.

@vzschoudhary1 Год назад

Also he is only one who is saying buy real estate

@yehthishamahmed3490 Год назад

😂

@sajadhussain4321 Год назад

GENUINLY TEACHING , WHAT IS YOUR VIEWS AND PROSPECTIVES, THANKS FOR YOUR VALUABLE INFORMATIONS.

@megaxedits2054 Год назад

This LR66CR is like a gift nobody expected, maybe nobody wanted, but all of us deserve to have. Just beautiful

@divyad4813 Год назад

I personally would never want to retire...it's better to work on your own terms and have financial independence as long as you live!

@jeevankumarkakarla3357 Год назад

Yes couldn't agree more.

@popsarah7805 Год назад

Most people venture into crypto to be a millionaire meanwhile I just want to be debt free

@markdamascus7878 Год назад

That's very practical and smart goal a wise man once said do everything in your power to get out of debt

@cpvenkatanathanparthasarat4182 Год назад

Thanks for sharing your thoughts on retirement goals and retirement planning. A thorough risk analysis.

@somnathgheware1132 Год назад

As usual full of knowledgeable content😊 ❤

@cbrcoder Год назад

You are not retired! You are running a business! By that definition all of us business owners can call ourselves retired :D . Thinking mind can neever retire. Sure money buys you choice to do whatever you want to do.

@rohitgarg310 Год назад

GREAT SORT OF CLARITY SIR, AMAZING LOGICAL CONTENT, CANDID EXPLANATION APPROACH. NO MATTER ANY HEAT YOU MAY GET, BUT THE PRUDENT COMMUNITY WILL ALWAYS UNDERSTAND, AND APPRECIATE! THANKYOU SIR,👍🙏

@KrishnaTalkies Год назад

How to invest on Nasdaq? Been looking for a reliable broking medium

@avyukthabhargav8154 Год назад

Super Idea Sirji, Thanks Akshath for educating me on Investment and retirement planning 👏👏👏👏

@Perky143247 Год назад

You are one lucky chap. I had to start working at 37, after having a baby,settling down in my marriage and other struggles

@KUNALSHARMA-rt9wv Год назад

Hi Akshat, Can you do a video on LIC? Our parents have always preached about it even though in current times, it doesn't seem to be the right choice. Can you please explain this in a video? Would be great to learn, thanks.

@bhavanapkumar1638 Год назад

Hi Akshat, see at the debt chart, public debt has decreased compared to its previous bar. Inversely, private debt has increased. Doesn’t it mean people and companies have increased their loans? I am dit confused with your interpretation vs my understanding. Pl clarify.

@adityashah4429 Год назад

What stocks to buy for US index investing?

@akshaykamath5433 Год назад

Great insights Akshat. Thanks for sharing information. It will definitely help many people make sound decisions. Waiting for your video on double standards .

@kaushikananthanarayanan1528 Год назад

Thanks for the detailed information. I was curious to hear your opinion on NPS. Although it is paper backed scheme, it is still not as bad as SSS or FD. However, I do get your diversified options but for my retirement portfolio in India, I invest atleast 20% of my investment in NPS. What do you think about it? Also curious to know if there's a easy formula to decide today how much money is needed to early retire and spend the rest of the money until I am a burden to this world by being alive.😁

@elviesmascarenhas6059 Год назад

The same advice I too follow, invest when the markets are down, and divest when they are up.... And invest limited in Gold SGB, Government bonds, private bonds, US stocks, EU, UK stocks, and Indian stocks

@officialhimel Год назад

Sir I Recently Invested Some Money in G-Sec & T-Bills, Isn't It Safe Will I Get All My Money Back?

@aasmusic9680 Год назад

Excellent content. I used the last dip to stock up, buying LR66CR now its cheap, can't miss the presale.

@Fin_for_Z Год назад

should we invest in Tesla. I am a bit worried about its china market

@aaryan9083 Год назад

Laude tere pas paise bhi h kya

@Fin_for_Z Год назад

Thanks Aryan 😉, don't be worried about my purse

@saumytrivedi9956 Год назад

Hey Akshat, I just wanted to know that how a real state investment is going to help us in case of doomsday scenario??

@Pushpakant Год назад

Looking fit 👍👍 Results of you working on your fitness are visible. Well done.

@parthadey3632 Год назад

as per me 1 cr is ok for my financial freedom

@travelgrubsbyfoodietravele3065 Год назад

one of the best videos i have come across.. great work Akshat, please keep creating such awesome educative content !

@SunburnX Год назад

What I learned from you over time is earn more and diversify your portfolio and keep rebalancing it over time.

@manandesai4767 Год назад

Huge Fan Akshat! Great job done again. Thanks.

@vipultripathi130 Год назад

You are so amazing human being we have in youtube incredible knowledge guruji..

@midhunr5729 Год назад

Early retirement is a mindset, which money or anything in fact cannot completely provide. My way for early retirement is to have money, assets etc, same time have a good self sustainable land and farm, where you can live and spend healthy life style. It will help protect your health, food, even if your whole asset goes for a toss. Money and assets required for external transactions, but how much you need is always a moving target, unless we put a discipline on life style.

@mandar357 Год назад

That's true it's not possible for everyone but some have that but even though they ran after money 🤪

@arunachalashiva108 Год назад

I used to think exactly like this when I was young. Eventually you will learn that this early retirement is just a fad, and a way you stop yourself from enjoying life in the current moment and save every penny for romantic and unrealistic expectations from life. Many end up not being able to achieve early retirement and also end up not enjoying daily life from age 20-40 because they get obsessed about saving everything.

@Doesitmatter00710 Год назад

Well Said .

@memos106 Год назад

Onces your assets cover up your monthly expenses u are financially free

@AnkurPrajapati92 Год назад

@akshat: how do you deal with the corruption/unbilled money which is paid during any real estate transaction? This is something which can skew anyone's calculations and peace for mind for sure

@artoftrading823 Год назад

Eye opener video thank you very much akshat uncle

@shreeshagarwal6813 Год назад

Hey Akshat, So how do you take the benefit of various sections such as 80C as provided by the government for tax deduction?

@sugathanpr Год назад

Lic premium upto 10% of annual premium Investment in pension fund Contribution to nps scheme Additional deduction u/s 80CCD(1b)-₹50000 Ppf contribution National savings scheme RPF or spf Superannuation fund contribution Equity linked savings scheme Principal on loan taken for construction or purchase of residential building Tution fee for 2 children Time deposit not less than 5year Post office savings scheme Senior citizen savings scheme Sukanya samiriti account. Bond issued by nabard Maximum ₹150000

@TanmayGarg16 Год назад

Loved your content ❤️❤️ feels like I see myself talking in future 😌😂 I connect with you with each and every line you say❤️

@debashishguin3885 Год назад

Sir,,hats off 2 ur sucess.Please make a video on ur entire life journey from scratch to achieving ur sucess of financial freedom at 30.

@naseemahmed3146 Год назад

In many of your videos, i have seen you always discourage to buy gold as it doesn't give you good returns but now you start encouraging to buy it. My personal gutt feeling is that gold always gives you good returns. Your take?

@Gotteable Год назад

I watch your videos regularly but this time you own my heart ❤…because .. invest in different baskets.. I have invested in Real estate.. 1 flat in Gurugram, 1 flat in Pune , 1 independent duplex house in Uttarakhand & 1 commercial office space booked 6 months back in Pune will be delivered in Q1 -FY 2324 . 2 . Investment in Gold . 3. Invest in equity in few crores .

@SunOfSydney Год назад

This was really good point, buying index when it’s down

@financeconcepts Год назад

Sukanya was started with another intent and a wonderful purpose.. Didn't expect you to bring it up in comparison to stock market investment.. Its like comparing apples and oranges.. Even if we manage to save inflation adjusted amount for 21 years, it is like goal based fd investing that you mentioned.. Everything can't be put in the stock market unless one has absolute thorough knowledge like you.

@madhav-dass Год назад

Are you retired ? You are making RU-vid videos and putting a lot of effort in your investments, in a way it is a full time job.

@rakeshp7623 Год назад

Retirement doesn't mean sitting idle !

@biplabkumar6240 Год назад

What do you mean by GOLD? Is it gold ETF or physical gold? Kindly reply.

@kaushalsethiya2159 Год назад

Hi Akshat, can you suggest some good books based on value investing, assuming I'm a beginner

@FentsikS Год назад

Hello sir

@Jason-sr2xf Год назад

Would you be able to share actual numbers from your retirement next egg + how & where you invested it + how you harvest the 4%? The theoretical talk is nice but would like to see it complimented with practical real life portfolio numbers.

@venkatyadav7255 Год назад

Thank you so Much Akshat for sharing so much knowledge

@hareeshk68 Год назад

Hi Akshat By gold, do you mean digital gold or actual gold?

@calculus2diogo Год назад

Bro, i bought LR66CR in September after your video. i'm up 79%.

@shiriljude5471 Год назад

What?

@abhig4478 Год назад

What LR66 Cr ??

@shanky1234567890 Год назад

Saala fraud comments

@JohnnyGuitar50 Год назад

Report spam

@studywithsushilshukla7803 Год назад

Ur suggestion are highly impractical.

@rohitmanhas8745 Год назад

True😂😂😂

@kushalvarma9556 Год назад

can someone explain why I should'nt invest in FDs when economic interest rates are low?

@SunOfSydney Год назад

Are you invested in stocks like Salesforce, adobe ?

@finallygvsmall5215 Год назад

Making money is an action. Keeping money is behavior, but "growing money is wisdom'. I found this out a week ago after getting a $10,000 return on my $3,000 investment in 7 days

@gassining5455 Год назад

@WKinematics I'm surprised to hear about Mrs.Donna here, She's really good at what she does ... Because of her, I was able to clear my debts and complete my mortgage.

@hackingidea6117 Год назад

Donna's administration has put so many newbies into financial stability... I have accumulated over 200,000$ from the beginning of the year

@pantrmtrowse5856 Год назад

Adequate mentorship is the only key to succeed in any form of online commodity. I've made over $120k since I started following her recommendations

@reiarah7239 Год назад

I have made up to $100k with her help, this is my 3rd month tho😊 with Exp Anna, all thanks to her, she's really good.

@hitness9327 Год назад

My colleague that I referred her to me received $18,000 profit after 10days of investing with her. became jealous lol

@vishalksharma9799 Год назад

what ever you say... you are anti-modi, anti-india but still love to listen to you... try to place yourself in best of Bharat interest.. and give your views accordingly... don't be selfish... try to analyze who is paying taxes for the country and who is enjoying benefit... Don't see everything in money and business perspective... try to see best interest for the country...

@akshat.s7822 Год назад

ᴛʜᴀɴᴋꜱ ❤️Ŧᴏʀ ᴡᴀᴛᴄʜɪɴɢ👍 ꜱᴇɴᴅ ᴀ ᴍᴇꜱꜱᴀɢᴇ ᴏɴ✍️ ᴡʜᴀᴛꜱᴀᴘᴘ…✙𝟏𝟒𝟕𝟎𝟔𝟏𝟎𝟐𝟕𝟖𝟑….

@indirasai2925 Год назад

Akshat , When you were comparing Devident and capital appreciation stocks you mentinoned that devidends are taxable at slab rates. You also mentioned that only 15% STCG is applicable on sale of stock. But the profit after LTCG is taxable @ slab rates. Say my slab rate is 10%. My devident income is Rs100 then my income after tax is Rs90. Say my profit after sale of stock is Rs 100 . My income after tax income is Rs.75 on sale of stock. Is it correct.

@metromoney3391 Год назад

amazing inputs shared here. Thank you

@umaanand100 Год назад

Hi Akshat, Your videos are very knowledgeable and insightful, that helps in being more sure or eliminating my doubts about the market and other concepts. Thank you very much. Can you please make a video on covered call etfs? I tried looking at other RU-vid videos, but I understand it better when you explain it. Thank you once again

@tarikajain3386 Год назад

Should we invest in REIT instead of physical property? Will it be the same thing?

@tiat3456 Год назад

@Akshat, how to invest in NASDAQ from India?

@ramsankarchandrasekar8959 Год назад

Could you please answer this? Isn't an all-time-high also a low (dip) for the next all time high?

@amandhamaniya Год назад

How to invest in nasdaq100 ?? Which etf or what ?? Not able to figure out ?????

@property_tommorow9918 Год назад

Akshat, How many mobile numbers do you have ?? OR into how many categories u have segmented people financially ??

@noobmaster-dm7tu Год назад

yes, please make more videos on the debt bubble and its implications. thanks

@user-wx1bh6cs1i Год назад

Thank you for your valuable advice.

@abhishekbasu3221 Год назад

Learned a lot from this video Thanks Akshat

@ex_r4811 Год назад

suggest some books which gives an idea how to analyse and where to focus.

@abhijeettanawade7504 Год назад

On doomsday what will happen to your property?

@dharam2016 Год назад

Good Video Akshat, as I always say. U time ur videos very well it is there exactly when we need something like this. Thanks again. Also want to ask if one plans for ainvestment in real estate and doesnt have much funds to invest then how to diversify in realestate segment

@mumucanlar9791 Год назад

The reason I got LR66CR is because I believe decentralization is more important than anything else.

@parmarkrishna Год назад

I am at 14% by just investing in sbi nifty fifty etf from last six months

@sumitdesai5584 Год назад

Hi, I am planning to invest around 15lacs in agriculture land at 10-15km away from upcoming asias biggest air port at Navi Mumbai , Maharashtra. I am at my 30th and this investment is for long term (10 -15 years). Any suggestions or any steps to take in account ? Please let me know.

@talwindersingh3721 Год назад

I am glad I came across your channel, I mean it.

@Akshat7107 Год назад

ᴛʜᴀɴᴋꜱ Ŧᴏʀ ᴡᴀᴛᴄʜɪɴɢ👍 ꜱᴇɴᴅ ᴀ ᴍᴇꜱꜱᴀɢᴇ ᴏɴ✍️ ᴡʜᴀꜱᴀᴘᴘ✙𝟏𝟗𝟏𝟐𝟔𝟎𝟔𝟖𝟎𝟎𝟓

@pntvohra378 Год назад

Amazing video.... thanks Akshat ji

@swatishah4903 Год назад

I really like your videos they are quite good

@shubhamsingla9340 Год назад

Why debt bubble will collapse? Government is sole entity who can print money

@Sigma-Male1986 Год назад

Very critical informations which I had randomly watched earlier. Now it's all mashed up here. Ty.

@bhanupratap18 Год назад

Hello Akshat Sir, I am a big fan of yours, I have been following you from quite sometime now, the content in your videos is very informative, just one catch for this video, there's a typo in the initial slide, you can buy anything should be you can't buy anything, you might want to rectify it, thanks ! Keep Guiding us, Best of Luck.

@MohammadAli-ng5il Год назад

Please make a video on how to withdraw from a stock portfolio.

@gaurav25b Год назад

Akshat excellent analysis, Could you please advise about the money we invest in PPF. Thanks

@DR-jl6fm Год назад

Hi Akshat.. I have some some lumpsump amount , which I wanted to invest into something but idk where and I wanted good returns in next like. 2-3 years.... can I invest in US index??? nasdaq as you suggested

@ajsujit Год назад

In a doomsday scenario, will sovereign gold bonds have any value or will we need physical gold?

@mohanraut4399 Год назад

hi akshat...i do like your videos...thank u...just one discrepancy...u say...nifty is all time high.....and hence not addding a single penny...did you check the P/E..it is just 21......so NOT at a bubble stage....NOT a good idea to stop SIP IMHO..yes...no bulk investment......

@Abhishekkumar-ol1ih Год назад

Thanks Akshat!! Your every new videos are more qualitative than earlier and altogether new perspective..love to watch & learn from your channel..Super 🎉

@vinothkumar9107 Год назад

Great sir......very useful

@prasadnvv9446 Год назад

Very informative content.

@akee1618 Год назад

This video is about "What to do with Money". I came for "How to make Money".

@bhavinpatel652 Год назад

thanks for the insight...i have 1 question....if it's doomsday and government freezes all paper money how will you going to sell or rent out your real estate (nonpaper assets)?

@subirdhar4085 Год назад

Please do a detailed video a on index mutual funds. Thank you.

@ranjithn1177 Год назад

Once I started my business and that business run without my own effect. my asset column increase day by day and, Money work for me.

@jeevanmenaria Год назад

Hi Akshat, please come at sandeep. Maheshwari show, I also think same for retired early,,, please 🙏🙏🙏

@xfer07 Год назад

Can a USA or UK Tax Resident buy shares in Vestd?

@rime8421 Год назад

I was sure the year would end badly for me but I think Amazons LR66CR is spot on with what they do and how they do it. Can't say for how long it's gonna work and for sure it is overyhped right now but even for half a year or something it would be smart to ride the wave and then eventually jump away but the thing is why this is smart right now is because it's so cheap, won't ever find a better entry than now