Age Group 45 To 55 10 Points To Focus Create Successful Financial Life

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  • Опубліковано 11 січ 2025

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  • @umeshkalyani3441
    @umeshkalyani3441 11 місяців тому +17

    Minimalism is the mantra …. One does not need so many things that we imagine we need , when you retire. The point about simple lifestyle resonates with me … our children may emulate this in their lives as well.

  • @deorishitripathi353
    @deorishitripathi353 11 місяців тому +13

    Fully agree, I have been doing these for last 30years back and today at 67i m very happy retired life with lots of money flow.

  • @sanjaytyagi1813
    @sanjaytyagi1813 11 місяців тому +16

    Appreciate. I agree to most of them, especially the child education and inculcating values in kids instead of overspending on their education.

  • @somashekarthm
    @somashekarthm 11 місяців тому +1

    Sir, Very true points Iam a self employed, Iam 61 yrs of age all most all points are same as experienced by me my children are well educated and settled in life and Proud of myself, right from the age of 45 yrs I used to discuss these points and discuss with my friends helping them in financial planning , especially SIP , Mutual funds RDs and some portion in life insurance
    Many thanks for your beautiful and easy understanding words used
    God bless you Sir
    Best regards,
    Somashekar, Chartered Engineer.

  • @punver79
    @punver79 11 місяців тому +4

    I am so confident of your content quality that I like first and watch later.. thank you Dr. Bhatt..

  • @rathinakumari5189
    @rathinakumari5189 11 місяців тому +3

    Excellent advice sir... especially on children education and enhancing lifestyle...very true

  • @nirmalyaster
    @nirmalyaster 10 місяців тому

    While today's kids are devoid of any financial, cultural or religious values - everytime I hear your advice, it brings positivity and respect. Thank you for sharing your knowledge.

  • @Minimalism-John
    @Minimalism-John 9 місяців тому

    Thank you for sharing your wisdom, I just turned 45, this is so timely for me.

  • @drrkgupta2842
    @drrkgupta2842 11 місяців тому +4

    Very valid points, explained nicely. Thank you.

  • @ozmattstechnologies534
    @ozmattstechnologies534 11 місяців тому

    Excellent points! Everyone can have a level of financial stability with the right information. This is one subject that school will never teach you.

  • @salmaabdulmajeed9888
    @salmaabdulmajeed9888 11 місяців тому +3

    Hallo, I am in your age bracket and Absolutely agree with your views.

  • @arunsharma-zu5dc
    @arunsharma-zu5dc 10 місяців тому

    Reading about this had been there but felt nice n knowledgeable listening such video first time.
    Thanks

  • @thirumalrao376
    @thirumalrao376 11 місяців тому

    All points are absolutely practical n relevant. In fact just not technical areas even emotional mistakes n carry forward effects on kids is well articulated ❤

  • @sabysreya
    @sabysreya 11 місяців тому +1

    100% agreed on your 10 points for 45-55 years!! Basically most of the parents take pressure and pride in spending money on kids education ignoring their retirement which really creates a stalemate situation if kids decides to pursue higher studies or didn’t contribute back to the parents when they need. Instead I agree we should never even put them on that situation. Wise decision is to encourage student loan!!

  • @abdurhmanwariwo6557
    @abdurhmanwariwo6557 10 місяців тому

    thank for nice education and reminder of life. I have never tried to plan it for th future. Maybe my relgious also infulences me. I will keep watching your tutors

  • @shanthgupta
    @shanthgupta 11 місяців тому +1

    Point 10) is awesome, never thought about the three parts of upgrading lifestyle.

  • @ashokdamodaran9560
    @ashokdamodaran9560 11 місяців тому +2

    Excellent pres 20:06 entation sir, Im doing something for long time and happy to see many of the goals and action items are covered. My view is emergency fund and child marriage also important which we need to plan. Im sharing my view, pls correct me if im wrong.

  • @sureshgona
    @sureshgona 3 місяці тому

    life lessons with no BS. strait to the point.

  • @achthegreat
    @achthegreat 11 місяців тому

    This was truly a fantastic video, to introspect, prioritise and plan. All points are important to analyse. The 3 consequences on the life style upgrade was brilliant.

  • @ppk293
    @ppk293 11 місяців тому

    I totally agree with you and fortunately I have already followed what you have suggested ,thank you so much sir for your valuable advice

  • @srinivasulusoma7708
    @srinivasulusoma7708 11 місяців тому

    Very good suggestion to the age group of 45 to 55 for their financial planning

  • @Audacityoffaith
    @Audacityoffaith 11 місяців тому +1

    Such a powerful video packed with wisdom, thanks so much sir, I'm entering into that age bracket very soon, luckily i have been taking many wise steps over the years but there's always room for improvement, it's a shame you are not in my country, i remember sending a whatsapp message to the number provided sometime last year and i was told you can't render any service to me because of my location, thanks all the same, God bless 🙏🏾

  • @balwantmadiwale6314
    @balwantmadiwale6314 11 місяців тому +2

    Yes I agree with points.

  • @debjani0222
    @debjani0222 11 місяців тому

    So grateful sir. Amazing topic. This is perhaps one of the best videos i have seen in my life. I will leave 🙏🙏🙏 for you.

  • @bbiswas72
    @bbiswas72 11 місяців тому

    Absolutely agreed with your 10 points & real facts are articulated.. Thanks lot for sharing this useful information

  • @harishbabu4034
    @harishbabu4034 11 місяців тому

    Very valuable advice. The points are most relevant. An expenditure you have left out is daughters weddings. I am forwarding this to all my friends and relatives under the age group. Thanks once again for imparting this knowledge .

  • @manepallyvijay1827
    @manepallyvijay1827 11 місяців тому +1

    Eye opening. Interesting. Thought provoking. Tq.regards.

  • @vpbalasubramaniam8585
    @vpbalasubramaniam8585 11 місяців тому

    Sir, very well covered. I am 52 now and happy that i am doing atleast some excercise which is mentioned in your lecture. The highlight i marked is top up health. insurance.

  • @sps6
    @sps6 11 місяців тому

    These must be thought in companies for senior personnel… many companies would love someone like you to guide their senior personnel

  • @manepallyvijay1827
    @manepallyvijay1827 11 місяців тому

    I agree all these points .it gives a direction who r at cross roads.

  • @brbabu68
    @brbabu68 11 місяців тому

    Excellent views very useful and need to be necessarily followed few of the points which I already realised and practicing having a real look on my portfolio is an essential one thanks for this

  • @chandrashekarbk007
    @chandrashekarbk007 11 місяців тому +1

    Sir, you opened my eyes, I am still in the age of 41 but its great input for better planning 😊

  • @ManojKumar-ub4lw
    @ManojKumar-ub4lw 7 місяців тому

    Very informative and relevant points covered.

  • @ragus1416
    @ragus1416 11 місяців тому

    You are spot on. Most of the points you mentioned are all very much valid - especially the last two points.

  • @pulakshah8655
    @pulakshah8655 10 місяців тому

    Nice explanation. We middle class family members in same situation

  • @umashankarkolhe1469
    @umashankarkolhe1469 11 місяців тому

    Excellent !!!
    Appreciable thoughts for all practical purposes!

  • @binoymathew9195
    @binoymathew9195 11 місяців тому +1

    Well covered ❤ Thanks for the checklist. Very useful information

  • @sandeep_jagadeesh
    @sandeep_jagadeesh 11 місяців тому

    Thank you so much for this video. Even though it all sounds very basic, what you hsve done is consolidated as a checklist for us. Thanks again.

  • @addankisrinivas1240
    @addankisrinivas1240 11 місяців тому

    Super, point no 10 is very important.

  • @anil1234
    @anil1234 10 місяців тому

    Thanks sir, very informative.

  • @UmadaSom2
    @UmadaSom2 11 місяців тому

    Really was golden advice so thank you Brother ❤❤❤

  • @pijumedhi
    @pijumedhi 8 місяців тому

    Excellent one ... I am an IT guy coming from a middle class family background... almost completed 25 yrs of services... Now at 47 , planning for future retirement planning ... your idea as described over the video definitely helped a lot... Thanks

    • @NRIMoneyClinic
      @NRIMoneyClinic  8 місяців тому

      Thank you very much for your feedback

  • @SurajSharma-vh3br
    @SurajSharma-vh3br 11 місяців тому

    I love watching your videos. Just that I am neither an NRI nor a HNI.... Great channel!❤

  • @RajeshKumar-dj1fq
    @RajeshKumar-dj1fq 10 місяців тому

    I agree with comments, good video sir .

  • @biswanathrao2845
    @biswanathrao2845 11 місяців тому

    Very very useful and knowledgeable

  • @shankart5191
    @shankart5191 11 місяців тому

    Bhat Sir , super agide video .
    This is Very Informative and valuable suggestions!🎉🎉

  • @andyvicky663
    @andyvicky663 11 місяців тому

    Excellent video and great presentation

  • @onlinealways5305
    @onlinealways5305 11 місяців тому

    Excellent Sir, 10th point is so true

  • @mohammedkaleem7332
    @mohammedkaleem7332 11 місяців тому

    Most of the time the insurances are found to be the liability than an asset for most commaners except in comparison with the business units owners

  • @seenaramesh2010
    @seenaramesh2010 11 місяців тому

    Beautiful video,a great eye opener

  • @girishlokhande8835
    @girishlokhande8835 11 місяців тому

    For middle class, at the age 55 he is having house car and other house hold accessories with a bank balance of 30 lacs approx.
    Now after 58 he wants the same salary to survive. Say 50k.
    Upto age of 55 he made a lot of fund in share market and other gamling activity.
    Now health cover of 5 lacs is sufficient. But it is difficult from the fd interest of 24 k manage house expense of 40 k.
    Mutual funds first earn for them self.
    After the age of retirement the skills of making money is also down

  • @1gopalakrishnarao
    @1gopalakrishnarao 11 місяців тому

    Well explained.... thought provoking....

  • @faizqureshi1066
    @faizqureshi1066 11 місяців тому

    Excellent video, Also please make a video on managing property from abroad and selling(reoatriating money) or buying property while based abroad.

  • @meenakshishriram2682
    @meenakshishriram2682 11 місяців тому

    First I thank you so much for the presentation for this age group, not everyone is knowledgeable about finance handling at the age of 50 plus few NRI would have not done anything can you please make some presentation for them separately sir ji.Thanks in advance 🙏.

  • @sanjaykoli5647
    @sanjaykoli5647 11 місяців тому

    Very very good suggestion sir

  • @ronaldoyagi8090
    @ronaldoyagi8090 10 місяців тому

    A very resourceful clip.
    Minimalism.
    A retiree to advise you on financial challenges at retirement so that you can address them.
    Have an insurance policy in place.
    Have a home

  • @ahmedashrafbhava851
    @ahmedashrafbhava851 11 місяців тому

    It's a great reminder of retirement plan

  • @subramaniumnandha8510
    @subramaniumnandha8510 4 місяці тому

    Excellent information sir

  • @sridarank1661
    @sridarank1661 11 місяців тому +7

    Dear Dr. Bhat, I feel 49 years should be an upper limit for such retirement planning. Some insurance policies can not be planned/ are not available at the age of 50. In the present scenario, a decent earning (to save some money) starts late at the age of 35 and due to the fast changing technologies it ends very earlier by 45 -50 itself. After 50 yrs, instead to climb up the hierarchy, people face many challenges, even to retain their existing positions in-spite of upgrading their skills in private companies and for professionals - - - you should be knowing that

  • @ultracomfort9602
    @ultracomfort9602 11 місяців тому

    Best one, eye opening

  • @joramndungu4008
    @joramndungu4008 4 місяці тому

    Very informative

  • @madhusudanbehera6363
    @madhusudanbehera6363 10 місяців тому

    Excellent advice sir

  • @karalworld
    @karalworld 10 місяців тому

    Excellent advice 👌
    I agree with your views.
    I am already following a few steps from your advice. Now, it gives me the confidence.
    I am planning to make self-correction in my financial portfolio, like
    - Buy insurance for a home loan.
    - sell my car( liability) to pay (partly) my home loan.
    I have managed 10-12 lakhs for child education.
    Now, my full focus is on building a retirement corpus.
    Hopefully, I will save enough money for a peaceful retirement life.
    Thank you 🙏🙏🙏🙏

  • @gkkrishna9620
    @gkkrishna9620 11 місяців тому

    Good advice thanks sir 👍 gkkrish 👍👍

  • @meetavyas4103
    @meetavyas4103 11 місяців тому

    Very informative.

  • @laxmanbandamwar7880
    @laxmanbandamwar7880 11 місяців тому

    Best video thanks 🙏🙏

  • @Sandeep-bg1ik
    @Sandeep-bg1ik 11 місяців тому +2

    Summary - need a financia! Advisor!!!

  • @danundisputed3189
    @danundisputed3189 11 місяців тому

    Like the property portfolio rebalancing

  • @ravikr1980
    @ravikr1980 11 місяців тому

    Child education should be from salary, retirement is based on wealth generated from capital investment we made in 30’s or 40’s.

  • @crmohanty775
    @crmohanty775 11 місяців тому

    Very nicely explained ❤

  • @anilpandey8602
    @anilpandey8602 11 місяців тому

    Wonderfull tips 👌

  • @getkgp
    @getkgp 11 місяців тому

    A good teacher

  • @deepakagnihotri4677
    @deepakagnihotri4677 11 місяців тому

    Beautiful session

  • @Thanksalot24
    @Thanksalot24 11 місяців тому +1

    So remarkable Sir,Thanks a lot🙏👍😊❤️🌹

  • @narasimhakari9166
    @narasimhakari9166 11 місяців тому

    Interesting stories.

  • @KripaKr-i7e
    @KripaKr-i7e 8 місяців тому

    Great 👍🙏😊

  • @diwakarjaiswal8254
    @diwakarjaiswal8254 10 місяців тому

    Great info sir

  • @manjularaj5219
    @manjularaj5219 11 місяців тому +1

    Nowadays insurance companies keep raising premiums on yearly basis,which makes existing policies unaffordable. Any suggestions on how to manage this crisis?

  • @cometsyiem4747
    @cometsyiem4747 11 місяців тому

    Very helpful 👍

  • @mangalsingrajput6225
    @mangalsingrajput6225 11 місяців тому

    Nicely explained..👌👌

  • @Eklavvyyaa
    @Eklavvyyaa 11 місяців тому

    very well explained 😊

  • @ravidassardar3879
    @ravidassardar3879 11 місяців тому

    Yes I agree with you

  • @jeniferfernandes5633
    @jeniferfernandes5633 11 місяців тому

    Thank you so much 👍

  • @ravikumarkasturi5733
    @ravikumarkasturi5733 11 місяців тому

    Good information

  • @jeyanthiskumar5745
    @jeyanthiskumar5745 11 місяців тому

    Thank you sir

  • @pgbinoy
    @pgbinoy 10 місяців тому

    1- Financial advisors sell products created by institutions for a commission. The annualized capital percentage commission is very high. If thy know how to invest properly, they wont work for anyone
    2- This guy is trying to create business
    3- There is no accountability if the fractional ownership company you invested fail to deliver. Its just like any other business
    4- He is correct in investing children's education
    No one look after your money or asset as you do. so you are the best person. Educate yourself
    This is my two cents

  • @yamalakonda
    @yamalakonda 11 місяців тому

    Excellent video

  • @sachinjain9071
    @sachinjain9071 11 місяців тому

    All the points you made are excellent, but you never talked about gold

  • @mayarajeev3487
    @mayarajeev3487 11 місяців тому

    Spot on!

  • @ahmedmemon7756
    @ahmedmemon7756 11 місяців тому

    Great video.

  • @oflavia2910
    @oflavia2910 11 місяців тому

    Pls make a video on NRI options to invest in India corporate or govt bonds, modes and mediums, brokers that provide support, documents needed, types of current bonds, secondary market, return potential. Thanks

  • @narasimhakari9166
    @narasimhakari9166 11 місяців тому

    Great build up

  • @ballubhai7821
    @ballubhai7821 11 місяців тому

    absolutely correct

  • @srinivasanpalani6908
    @srinivasanpalani6908 11 місяців тому

    Thanks Sir. Useful points.

  • @shiningshreeya1530
    @shiningshreeya1530 10 місяців тому

    By top up health insurance do you mean something we purchase abroad and intend to use if back in India? What are some such examples?

  • @gaurav4131
    @gaurav4131 11 місяців тому +1

    Why only commercial real estate n not reit/invits. Is there any specific reason plz elaborate...

  • @reshmaparveen-y2p
    @reshmaparveen-y2p 11 місяців тому

    Super 👌

  • @mdfaiz9958
    @mdfaiz9958 11 місяців тому

    Sir, very good content. Q. What is the best way to find a financial planner?

  • @binduks132
    @binduks132 11 місяців тому

    Jai Hind Jai Bharat 👃

  • @BolledduVenkateshwarlu
    @BolledduVenkateshwarlu 11 місяців тому

    Excellent