Retirement - Back to Basics 1 - E 13

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  • Опубліковано 4 жов 2024
  • On this episode we cover:
    How do we imagine what our lives will when we are retired? Time for some visualisation
    Pattu then dives into the basic How To's of retirement investing
    Retirement is NOT about a pension
    Inflation
    Sid asks for benchmarks to aim for as a retirement corpus (city wise)
    -Pattu gives us the formula for investment, and how to execute it TODAY!
    -But then Sid is not satisfied with it, so Pattu further breaks it down and explains scale, scale for geography and scale for phase of life
    Traditional investment calculations have 30 yrs of
    retirement. What if you outlive that calculation ?! Does the money run out?
    Bonus, Pay rise, Change of jobs with higher salary?
    Time to look at yourself in the mirror!
    Glisten to the next episode here-
    • Retirement - Back to B... - E14
    Glisten to the previous episode here-
    • WOMEN, it's time to ta... - E12
    In association with ‪@pattufreefincal‬
    A link to our audio shows:
    linktr.ee/ofsp...

КОМЕНТАРІ • 18

  • @PankajPoddar
    @PankajPoddar Рік тому +4

    After the age of 50, one must start downgrading the lifestyle baggages slowly which we might have put on over our youth. That is the Sanyasa. It helps a lot. A change must reflect in the minimalistic habits of food, cloth etc. It really cuts the future anxiety as you know that you don't have much needs.

    • @OfSpinMediaFriends
      @OfSpinMediaFriends  Рік тому

      Interesting thought. Thanks for sharing your opinion. Keep GListening!

  • @ravilifecoach
    @ravilifecoach 7 місяців тому +1

    Dream on 2:52 , the smile from pattu says it all

  • @PankajPoddar
    @PankajPoddar Рік тому +1

    I fully agree with the intial thoughts of Pattu. I keep writing and sharing similar thoughts with my students, friends, and family. Pattu is so realistic.

    • @OfSpinMediaFriends
      @OfSpinMediaFriends  Рік тому

      We love to be as real as possible on Let's Get RICH With PATTU! Keep listening!

  • @ankgupta16
    @ankgupta16 Рік тому +2

    Pattu, there is a large section of parents with special needs children in India. Most of the financial calculators and benchmarks practically don't work for them. I would request if you can do a session that covers various aspects of financial planning and investments these parents of special children should plan for.

    • @OfSpinMediaFriends
      @OfSpinMediaFriends  Рік тому

      Thank you sharing your thoughts. We'll try our best to include this in our next QnA episode.

    • @ankgupta16
      @ankgupta16 Рік тому

      @@OfSpinMediaFriends Thanks a lot for your acknowledgement.

  • @PankajPoddar
    @PankajPoddar Рік тому +1

    16:00 most people will do mistakes or will not know their 'average' monthly expenses. That can only be calculated accurately after noting it down for 3-4 years monthly (under specific expenditure heads such as main, cooking gas, vegetables, medical, gadgets, vehicle maintanance, petrol, insurance, travel, eating out) and filtering it carefully and taking average of it after at least three years. As certain expenses have long cycles such as changing battery of your intvertor, changing appliance like fridge etc. which can be deeply straining on the pockets if not taken in to the consideration.

  • @randomlondoner
    @randomlondoner Рік тому

    Thanks for all the amazing episodes with Pattu sir.Could you please spend some time on discussing what the future of India would look like in say 5-10 years.Predictions are always risky but would love to know what he thinks.

  • @jibiteshdutta1200
    @jibiteshdutta1200 Рік тому

    give some advice for 45 + guy who started investing 2021 after seeing Pattu's you tube channel

  • @pb25193
    @pb25193 Рік тому +2

    Hello, i am saving much much much much faster than any of these benchmarks assume. I want to join in on a call some day and ask pattu whether its possiblr to err on the other side - working too many years when i dont need to...

    • @OfSpinMediaFriends
      @OfSpinMediaFriends  Рік тому +1

      Hey! If you want to be on the podcast, please send us the details of what you'd like to discuss as a minute-long voice recording on info@ofspin.com or on our Instagram handle - instagram.com/ofspin_mediafriends/. We select our participants based on voice notes and questions. If we are unable to include you in our live recording, we may also include the voice note in the podcast. Thanks!

    • @pb25193
      @pb25193 Рік тому

      @@OfSpinMediaFriends do you do text emails?

    • @OfSpinMediaFriends
      @OfSpinMediaFriends  Рік тому

      Sure, try and send your exact question here or through the modes mentioned here. We are recording a QnA very soon!

  • @tojojoseph6587
    @tojojoseph6587 Рік тому

    @23:40 Pattu sir be like "avulo dhan worth mooditu po!!"

  • @vidyasakaran
    @vidyasakaran 10 місяців тому

    75% to 100% , for how long!? I don't think this was mentioned..