Seven crores for retirement? Why is it so high? Is it even possible? 

I asked my financial planner to stop visiting since I have been watching Pattu Sir videos...He was an LIC agent and all he kept suggesting was LIC plans ..where the money doesn't double in even 15-17 years...He became angry when I said I want to close few LIC because Mutual Funds are better...He said I will see who will be there with you after I am gone....I literally said, I have Pattu Sir, you won't know him...He and His videos and teachings would be there with me...

This is brainstorming same time kind of wake up call. I'm in 30s and feeling the heat.

I think, to incorporate factor of safety. We can assume Retirement age: 50 Life expectancy: till 95 years 1. Age 50: with ever changing world and technology we don’t know if our profile would be relevant after 50 yrs of age 2. Living till age 95: avg age has increased from 51 to 79 in last 50 years. So it’s safe to assume that it will grow another 10-15yrs in next 50 years. The advancement of bio-tech is increasing the life expectancy each decade

1st viewer. Dear Sir, Keep creating such videos so that we remain aware of our financial position

I think 100% of today's expense should be assumed. The reason is medical expenses will be higher and offset some of the expenses you might not have.

No ad skipping for you pattu sir☺️

Pattu sir, I have started looking at life from a whole different perspective after running into your RU-vid channel. Thank you for sharing your knowledge. Can you please share your opinion as to how one should go about planning for life after retirement if that person is already covered by a decent pension(around 50k as on date) after hanging up the job.

Your content is great! thank you!

Awesome video.... You just made me feel rich!!!

After using ur excel , i've cut down my tea expenses as well in office. Thanks!

Amazing video, sir....Thanks a ton for enlightening us❤️

Sir plz make video on how an 20 years old college going student plan his" financial freedom retirement plan " from now so that i can retire at the age of 40. And fulfill my dreams to join NGO. and at the same time i m capable of took care of my family

Brilliant stuff.. due to its simplicity.

Hello sir, i understand the risk with FD's as even though they do provide a constant income, time and inflation will reduce its worth. but what if in this entire corpus, say some amount was invested in a commercial real estate, where the rent is sufficient enough to provide for monthly expenses, and with an annual increase of 6-8 percent in rent, it can stay on toes with inflation. Also the value of real estate itself may appreciate over time. By introducing a mix of real estate, can we not alter the post retirement strategy graph to never reach zero? (although the entire video makes perfect sense mathematically, but emotionally, how draining it would be to slowly witness your entire corpus approaching to zero each year, with fear that what if i were to live a bit more than 85 years)

Excellent tips Sir!!

One of the every day video viewer and generates inner conciseness to get out of the mistakes and start early stop wastage of unnecessary expenses at least the small caps investments are on its way what ever the achievement would make life structure accordingly to be on safe side may be i am wrong but this is what really going on with me

Great content and practical 👍 To understand the inflation impact, is it possible to back test it ? For example, from 1990 (30 yrs) age, what would have been expense today (2020) to see if expense projection matches today? Thanks

I just subscribed after watching this amazing video sir 😊

Sir, what if one is able to put the entire corpus into fixed income fund/asset, get a post tax return of 5.5 % and manage to live on that interest,,wont the corpus remain as it is..? the interest from the corpus in initial years being less than expenses, the remaining money can again be invested in debt funds !

Thanks liked n shared

You are a fantastic teacher sir. It's a shame I have not made it to one of your sessions yet.

Awesome

How to come to the conclusion of point 6 ??

Hi Pattu, a beautiful video explaining the basics of retirement planning, with the figures just as an example. I have however a more pessimistic (or guarded) view of retirement expenses -- since our mobility will be lesser, we need more personal vehicle use and less public transport, medical expenses will start eating into our finances, plus after our passing away, we want to leave some of our hard-earned money for our children -- so, the retirement kitty has to be larger, and the expenses much more than 75% of the present (of course 75% was just an example).

As per the video, before retirement the growth rate is assumed as 9% post tax. After retirement how it is lowered to 8%? I am not getting this logic. For assuming 9% post tax return itself, enough caution is applied, I believe. Why extra caution after retirement? Because the investment vehicles have become very easy to use now (due to Zerodha, Groww etc ), can we not continue to invest in equity after retirement is over.? In that case, the post retirement growth rate can be taken to be equal to pre retirement growth rate. Isn't it?

To u provide paid personal portfolio management services

Pattu sir. Please make a video/article on how an investor should reach an Equity:Debt asset allocation of 60:40 if most of his/her investments is in debt already (almost 90% in debt). Especially for investors between 35 to 40 age group. I understand that from your rebalancing articles you mentioned that in such scenarios, the only option is to aggressively invest in equity without any rebalance. But wanted to have your detailed opinion on this. Are there any other alternatives which you can suggest. I think this will surely help many investors. Please make a video/article on this. Thank you sir

Do u help in financial planning? With charges of course

What about near zero inflation and Negative interest rate scenario? What we r seeing in the west....

Folks. Do not fall for these scare tactics for a need of a very high retirement corpus. Even I was thinking in those lines. Every investment adviser projects inflation to be at 8% and projects the future needs. This total inflation is projected for the entire universe of goods and services. Many of these will not apply to one's life. If one owns a house,has no debt and has health insurance one need to worry only about food inflation which will be around 2 or 3 percent. Due to advent of technology the price of several goods and services have continuously fallen and will continue to fall.One's lifestyle matters. Where one lives, his eating habits like going to expensive restaurants , spending big money on expensive events like religious events, marriage, travel expenses etc. People who are renting need not worry too much . The rent increase is usually in the range of 1 or 2%. People can always move to cheaper cities or even cheaper localities.

Remove marriage, kids and cities. This figure comes down to 1cr easily.