6 Must Do Things When You Are Planning To Retire - A Must Watch For 45 Yrs And Above

Поділитися
Вставка
  • Опубліковано 24 лис 2024
  • #nri #nrimoneyclinic #financialplanning
    You can reach to us by sending a message on WhatsApp
    WhatsApp Number: 00971 551124596
    Or click on the link below
    wa.link/2jh25k
    Services offered by NRI Money Clinic
    Life & Critical Illness Insurance.
    Child education
    Emergency Funds
    Retirement Plan
    Health Insurance
    Wealth Building
    Tax planning ( investments to minimise tax impact)
    Dollar investment ( Only for NRIs in Middle East and Africa )
    Mutual Funds ( NRIs other than in US & Canada)
    PMS ( Portfolio Management Service)
    Fractional Real Estate
    Cash flow planning (Pension, Guaranteed Return plan , Fractional real estate)
    Tax filing and chartered accountant services. (Outsourced services)
    Wills and inheritance planning. (Outsourced services)
    Property record legal verification (Outsourced service)
    Real Estate in Dubai (Outsourced service)
    Real Estate in Mumbai and Goa (Outsourced service)
    In case you are interested in using our services you can send a message on Watsapp:00971 551124596 or click on the link below
    wa.link/2jh25k
    To know more about our business and our business model please watch the below video
    lnkd.in/g7cj2rgJ
    Our Website: www.nrimoneyclinic.com
    LinkedIn: / nrimoneyclinic
    Facebook: / nrimoneyclinicofficial
    Instagram: ...
    Whatsapp: 00971 551124596
    Or click on the link below
    wa.link/2jh25k

КОМЕНТАРІ • 58

  • @sushanthpai1450
    @sushanthpai1450 2 роки тому +3

    I am 31 years old, but this video is eye opening towards planning our financial freedom.

  • @sayedhanif9052
    @sayedhanif9052 2 роки тому +3

    You are excellent Sir. you opened the eyes of people who were sleeping till 40+. Outstanding advise.

  • @ananthakeshava7278
    @ananthakeshava7278 2 роки тому +6

    Very good information and well explained and I feel you should keep making more videos and add some points like don't get trapped in scams,don't get trapped by family/friends etc emotions etc.

  • @sureshpt2822
    @sureshpt2822 3 місяці тому

    Sir, I'm very thankful for your advice and informations. This is very helpful for all senior citizens.

  • @judefernandes195
    @judefernandes195 2 роки тому

    Nice Video for Family People in their Late 40s.....Who have Still not taken Health or Life Insurance....Thank You......

  • @ca.imranquraishi6915
    @ca.imranquraishi6915 2 роки тому +4

    Interesting and awesome video! Dr. Bhat at his best and the way he articulated these points looks like bang on the bulls-eye for every individual. Very relevant and practical points coming from an able maestro. Thanks for sharing your wisdom🙏🙏

    • @NRIMoneyClinic
      @NRIMoneyClinic  2 роки тому

      Thank you so much for your kind words . I am honoured sir

  • @inderm9209
    @inderm9209 2 роки тому

    Dr. , that was absolutely brilliant. I am on the verge of retirement and still mighty confused if I should take a lump sum or monthly pension. If any reader can throw light on this as well , thanks

  • @hiriyagirma3398
    @hiriyagirma3398 2 роки тому

    Thanks sir it is helpful for me. I am 43 now. Very helpful. I am from Ethiopia, Africa

  • @cleopatracl6025
    @cleopatracl6025 2 роки тому

    Thank you so much. That was so well done. Crisp, to the point, and really useful.

  • @patelmukeshb
    @patelmukeshb 2 роки тому +1

    Well presented all the important points in simple ways…Simply Superb 👍

  • @ViralDave_26
    @ViralDave_26 2 роки тому +4

    I personally feel , this video is very good , I watch all the videos and I really appreciate this initiative. After watching this video, I would highly recommend to add "Deferred Annuity" in your financial planning , Dr. Chadrakanth has already suggested it earlier I am reiterating because of interest rate , Annuities are one of the best option which is guaranteed income where percentage is not written but an actual amount is written in the document/policy, what you are going to get as pension after certain period or immediately (Deferred or Immediate annuity). Very aptly said for NRI , one should decide where to retire , it is very crucial.

    • @natarajanravi6973
      @natarajanravi6973 2 роки тому

      Mr. Viral Dave: Annuity is good, although current yields are 5.5 - 6.5 ℅. With declining interest rates from bank & GOI small savings schemes it will be a good investment idea. Differed annuity and return of capital to nominee are best choices for senior citizens. We can make investment in annuity at periodic intervals as age progresses. Consult your financial planner for sound advice,
      Not run away by night brokers.

    • @ViralDave_26
      @ViralDave_26 2 роки тому

      @@natarajanravi6973 I agree , I no where mentioned that ONLY annuity is the best option , no where I mentioned that other avenues are NOT worth exploring. Annuity is just one of the critical items in entire portfolio that is what I meant to say.

  • @sridharvenkataseshan4980
    @sridharvenkataseshan4980 2 роки тому +1

    Your clips on retirement are very good and informative and also more practical. But, regarding Health Insurance in India being NRI outside India requires more ground level details. For example; we can’t top up health insurance received from our employer in Middle East. Presume you’re advising us to take a separate Indian Health Insurance Policy in addition to employer provided Insurance policy in Middle East.

  • @sandeepshanbhogue7690
    @sandeepshanbhogue7690 2 роки тому

    This video caters a lot of dignity. Kudos.

  • @rameshkrishna1003
    @rameshkrishna1003 2 роки тому

    Very educative video, eye opener for me. Thanks for this video

  • @natarajanravi6973
    @natarajanravi6973 2 роки тому

    Medical insurance from employer mostly ceases on retirement. Buy a cover atleast 5 years before retiring. Cover all pre existing diseases. In consultation with your financial planner decide a proper allocation of fixed income securities and mutual funds. Prepare a will and have it notorized. Prepare an estate plan detailing all assets to facilitate claims. Cut wasteful expenses and prepare a proper budget. Allocate adequate money for various goals like children's education, marriage etc if it is not accomplished. Retirement calculators are only indicators, every individual requires a tailor made plans.

  • @sreenivasannarayanan5652
    @sreenivasannarayanan5652 2 роки тому

    Good video, very well presented and precise points.

  • @paras21529
    @paras21529 2 роки тому

    I am very thankful to you for your valuable advise.

  • @pchako
    @pchako 2 роки тому

    Golden words. Sound advice. Please keep it up 👍

  • @karthikkumar3653
    @karthikkumar3653 2 роки тому

    Wonderful piece of Advice Sir, thank you so much for sharing your valuable knowledge with us 1🙏

  • @Kapil4Music
    @Kapil4Music 2 роки тому

    Very Informative. Thanks for sharing

  • @Utkalputra2024
    @Utkalputra2024 2 роки тому +1

    Very good information sir.

  • @chinnaadurai4193
    @chinnaadurai4193 2 роки тому

    Excellent message sir for ever.👍

  • @tusharaggarwal4707
    @tusharaggarwal4707 2 роки тому

    Thanks sir, for providing such valuable information.

  • @Nishiskitchenrecipe
    @Nishiskitchenrecipe 2 роки тому

    Thanks for sharing valuable information ℹ️

  • @hemantkabade7580
    @hemantkabade7580 2 роки тому

    Very useful video Sir.. Pls continue your good work

  • @DrSD-dk6qt
    @DrSD-dk6qt 2 роки тому

    Good insight sir. Thank you.

  • @rkrisk888
    @rkrisk888 2 роки тому

    Great suggestions. Main expense will health care related after retirement. Also don’t forget inflation is going to kill your savings particularly in India. Stay healthy.

    • @ST-ju6qu
      @ST-ju6qu 2 роки тому

      Very wisely said. In India you don't have any support from the Government even though you have been paying taxes all your working life. The present manner in which our country is progressing shows a very dismal picture. Inflation is on the rise and taxes are on the increase. All these factors will kill your savings.
      Additionally the medical bills are over inflated and the Medical community here is hell bent on overcharging and cheating you.
      These factors make me feel very insecure...helpless and TOTALLY at the mercy of this inexperienced and corrupt Government.

  • @rameshshetty2437
    @rameshshetty2437 2 роки тому

    sir,your videos are eye opener

  • @subramanianr3322
    @subramanianr3322 2 роки тому

    Very nice advise sir. I thank you very much, sir.

  • @prashantdevadiga6696
    @prashantdevadiga6696 2 роки тому

    Biggest liability is towards the devine God. All other Liabilities are materialistic. My advice to all is live off the grid life, away from all chartered accountants. Hari Om.

  • @gomesajay
    @gomesajay 2 роки тому

    Very good advice. Thanks 👍

  • @sachitabala
    @sachitabala 2 роки тому

    Useful info, thanks sir

  • @aarvind3901
    @aarvind3901 2 роки тому +3

    I am a woman , I have done all the investments decision by myself, actually I want my husband to know about the last point .

  • @lakhansingh7112
    @lakhansingh7112 2 роки тому

    Excellent advice sir 🙏🙏

  • @sheebareji1166
    @sheebareji1166 2 роки тому

    Great talks

  • @hmallappa
    @hmallappa 2 роки тому

    Very good information Sir...👍🙂

  • @ganeshr4371
    @ganeshr4371 2 роки тому

    Prepare a black box of life hahaha good one. Nice video thank you sir

  • @1mountabu
    @1mountabu 2 роки тому

    Well explained

  • @ppchainulu5276
    @ppchainulu5276 2 роки тому

    Can you make a video of survival for 25 years with about 2 cr retirement corpus

  • @koyakoya7869
    @koyakoya7869 2 роки тому

    Thank you so much for the video
    If nri have a fd, It can be continued after his retirement?

    • @NRIMoneyClinic
      @NRIMoneyClinic  2 роки тому +1

      NRI FDs should be closed when you become a resident. There is a detailed video on this channel qith the subject line What happens to your NRI FD when you return back to India. Please watch and be guided

  • @shaheenlakdawala8995
    @shaheenlakdawala8995 2 роки тому

    Thanks a lot Sir

  • @kishoregosukondab2743
    @kishoregosukondab2743 2 роки тому

    Very Good Sir...just would like to know how much you charge for retirement planning.will it be one time or recurrent? Pl respond with details..Thanks in Advance ✅👍

    • @NRIMoneyClinic
      @NRIMoneyClinic  2 роки тому

      Send WhatsApp message on thd number shown on the screen

  • @shilpagupta869
    @shilpagupta869 2 роки тому

    is NPS a good plan?

  • @iqhirani861
    @iqhirani861 2 роки тому +1

    IF I SURVIVE ON MY SS & PENSION INCOME; TRANSFERRING FUNDS EVERY MONTH FROM U. S. TO MY NRE ACCOUNT DURING MY RETIREMENT & LIVING IN BETWEEN INDIA AND U.S….& am an U. S. CITIZEN.
    The question is: DO I HAVE TO WORRY ABOUT THE INDIAN TAX SYSTEM?

    • @NRIMoneyClinic
      @NRIMoneyClinic  2 роки тому

      Take care of your US taxes . That enough

    • @iqhirani861
      @iqhirani861 2 роки тому +1

      @@NRIMoneyClinic thanks… U S taxes are taken care of every year in time. Your article is an eye opener for many like me; who prepares to retire within an year.
      Last month I bought my retirement home in Pune, paid off NY apartment’s mortgage, not much debt, children are on their own way… no worries! & think it’s the time to LEAVE THE JOB & LIVE! like;
      BYE BYE TENSION, WELCOME PENSION!

  • @rbkarankaran7217
    @rbkarankaran7217 Рік тому

    👍👍

  • @krishnabhat1606
    @krishnabhat1606 2 роки тому

    👌👌🙏

  • @loveindialove6519
    @loveindialove6519 2 роки тому

    Sir, I am 47 years old. I want to share my portfolio for review. May I have your email id?