ഏതൊരാൾക്കും നേരത്തെ RETIRE ചെയ്യാം.This idea will help us Retire early.
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- Опубліковано 23 чер 2023
- ഏതൊരാൾക്കും നേരത്തെ തന്നെ Retire ചെയ്യാൻ ഉള്ള ഒരു technique ആണ് FIRE .
ഈ വിഡിയോയിൽ Indian scenario വെച്ചുകൊണ്ട് എങ്ങനെ ഒരാൾക്കു നേരത്തെ റിട്ടയർ ചെയ്യാം എന്നാണ് പറയുന്നത്.
ഉറപ്പായും ഏതൊരാൾക്കും ഇതിൽ നിന്നും പതിക്കാൻ ഒരുപാട് ഉണ്ടാകും .
FIRE stands for Financial Independence, Retire Early. It is a movement and lifestyle focused on achieving financial independence at an early age, typically in one's 30s or 40s, and having the freedom to retire from traditional employment. The core principle of FIRE is to save a significant portion of one's income, often 50% or more, and invest it wisely to build wealth and generate passive income. By living frugally, controlling expenses, and optimizing investments, followers of FIRE aim to accumulate enough assets to sustain their desired lifestyle without relying on traditional employment income.
1. Financial Independence: FIRE emphasizes attaining financial independence, which means having enough wealth and passive income to cover living expenses without the need for traditional employment. This financial freedom allows individuals to have more control over their time and pursue activities they are passionate about.
2. Savings Rate: FIRE advocates for a high savings rate, often aiming to save 50% or more of their income. By keeping expenses low and prioritizing savings, followers of FIRE can accelerate their journey towards financial independence.
3. Investing: Investing plays a crucial role in FIRE. Followers typically invest their savings in various assets such as stocks, bonds, real estate, or index funds. The goal is to grow their wealth over time and generate passive income through dividends, interest, or rental income.
4. Frugality: FIRE promotes a frugal lifestyle, which involves consciously reducing expenses and avoiding unnecessary purchases. By cutting back on nonessential spending, individuals can save more money and allocate it towards investments.
5. Retiring Early: The "Retire Early" aspect of FIRE refers to leaving traditional employment earlier than the conventional retirement age. This doesn't necessarily mean completely stopping work but rather having the financial freedom to choose work that aligns with one's interests and passions, without being solely driven by financial necessity.
6. Flexibility and Lifestyle Design: FIRE encourages individuals to design their lifestyle based on personal values and priorities. It emphasizes the importance of aligning financial goals with personal fulfillment, allowing for greater flexibility and the ability to pursue non-traditional career paths or meaningful endeavors.
Overall, FIRE is a movement that encourages mindful financial planning, disciplined saving, and strategic investing to achieve financial independence and the freedom to retire early. It provides a roadmap for individuals to take control of their finances and create a life that aligns with their dreams and aspirations.
#finance #financialliteracy #retirementplanning #retireearly
Invest in Indian stock market:
link.upstox.com/wJCqNGqZeD9W5...
Invest in US stock market:
app.vestedfinance.com/referra...
Start Investing in Crypto:
binance.com/r/123456789
Send money to any part of the world:
wise.com/invite/ih/afic
Watch video related to US stock market:
• US Stocks വാങ്ങാൻ 5 വഴ...
Things to know before investing in India:
• ഇവിടെ നിന്നിട്ട് ഇനി വ...
5 Financial Concepts everyone should know:
• എല്ലാവരും തീർച്ചയായും ...
Know about recession and handle it:
• സാമ്പത്തിക മാന്ദ്യം എങ...
Alternative to 4% rule:
www.theretirementgroup.com/bl....
www.schwab.com/learn/story/be...
www.annuityexpertadvice.com/4...
www.barrons.com/advisor/artic...
www.thinkadvisor.com/2022/02/...
Disclaimer: The video is not financial advice and should not be considered as such. It is important to conduct thorough research and consult with a professional financial advisor before making any investment decisions.
Nice editing and the way talking superb
Thank you so much 🙂
കുറെ അധികം subcribers നെ ലഭിക്കട്ടെ bro 👍👍👍നല്ല content
Thank You!
പണത്തെ പറ്റി അറിഞ്ഞില്ലെങ്കിൽ എന്താ? Why we should all learn about Money. Part 1 #finance
ua-cam.com/video/xIWMaFKFy-E/v-deo.html
Good one
Thanks
Okay😊
💗🔥
ബ്രോ ഒരുപാടു പേര് സെയിം കണ്ടവന്റ് ചെയ്യുന്നുണ്ട്..... But നിങ്ങളുടെ explanation എനിക്ക് വർക്ക്‌ ആയി... ഇപ്പോ ഗോൾ Oriented ആയി സേവ് ചെയ്യാൻ തുടങ്ങി.... ആൾസോ increased സേവിങ്സ് percentage
Good to hear that. Keep going bro. All the best.
Chetta, you have given an example of a person who does not have any discretionary income. If that person invests the yearly salary increment of 10%, how will he manage the inflation for that 25 years of investing? Even though the rate of inflation stated by the government is 6% or 7%, the actual is north of 10% or 12%, take the example of petrol prices, gas, electricity, vegetables, bread, health insurance, school fees, etc. So, a person without any discretionary income will not be able to invest his 10% increment per year. Moreover, he may not be able to invest even Rs. 7,500 after a few years due to the rising inflation all around the world. I find it to be a bit misleading to have 3.2 crores after 25 years. Realistically, the total sum after 25 years would be 1.5 crore without a step-up of 10%. Could you please provide an explanation for this?
4% rule needed
Sure.
12% interest evdennum kittum
Multiple options
Can u suggest a best option
Hi Bro, There is nothing called a best option. If so, everyone in the world would have opted for that. Good stocks, index funds, large cap mutual funds, long term bonds might all possibly give you 12% returns annually. Always consider to manage risk as well if anything goes wrong.
@@alanjalex3598Enik last year more than 12 percentage returns kitti. Allocate fund in some mutual fund, sovereign goldbond, value investing in stocks, hybrid mutual fund, FD, RD etc.. Pinne kurach risk olla paripadi und investing in some good startups( I don't promote that due to the risk elements) baaki mukalil ollath okke nalla options. Oru nalla CA aayi Consult cheyyuka. He will help you with this
Bro intrest how to invest
Full details parnjwrow
പണത്തെ പറ്റി അറിഞ്ഞില്ലെങ്കിൽ എന്താ? Why we should all learn about Money. Part 1 #finance
ua-cam.com/video/xIWMaFKFy-E/v-deo.html
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