How He Retired At 37? | The 1% Club Show | Ep 6

From CA rank holder to retiring at the age of 37. Meet Sandeep Agarwal who started his earning journey, by joining the treasury sales department of SBI and eventually working his way to the top management of BNP Paribas –Dubai.

When his company asked him to relocate, he decided to retire instead and left his cushy job in Dubai and moved back to India. Currently, he is a derivatives trader and a part-time farmer who enjoys spending time with his family.

We also spoke about how someone can retire young, the mindset required to retire young and manage their corpus during their retirement.

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Time Stamps:
(0:00) : Highlights
(0:30) : Introduction
(1:02) : Sandeep's Networth
(1:56) : Money Allocation
(4:13) : Real Estate in India - Pune vs Mumbai
(5:02) : Why Did He Retire Early?
(6:50) : Career Trajectory
(8:47) : How He Achieved F.I.R.E
(10:09) : Return To India
(11:00) : Surprising Revelation

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Sharan Hegde is a personal finance expert who has been featured in Forbes, Economic Times, Mint, Times of India and many more. He is the Founder of The 1% Club, India's biggest finance community which helps people achieve financial independence.

#financewithsharan #retireearly #retirement #personalfinance

[danieltaylor--]

As an investment enthusiast, I occasionally wonder how top-tier investors become millionaires through investing. I have a big amount of money to begin with, but I have no idea what tactics or paths I should take to help me earn more than $400k like several others this season.

[PhilipsJameszang]

A financial planner informed me Saving as least 15% of your income in a 401(k) will help you retire comfortably. How can you take advantage of compound interest and perhaps increase your retirement funds over time?

[Riggsnic_co]

With Roth IRA, the money you are contributing has already been taxed. At any time for any reason, you can withdraw your contributions tax-free and penalty-free. Additionally, any earnings on investments can also be withdrawn tax-free and penalty-free, Not sure how much to contribute, I'm still at a crossroads deciding if to liquidate my $338k stock portfolio.

[skk]

Sharan .. let him complete sentence...chill man

[lawrenceHart-ysct]

My expectation is for 2024 that markets starts to broaden out more, ” what if the interest rates go up? i have a ton of questions....can I safely invest my $800k? I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement, but don't know where to start.

[FusunTumsavas-cqtp]

Lately, I've been contemplating retirement, uncertain whether my 401(k) and IRA will ensure a secure future. I've also invested $800K in the stock market, experiencing fluctuations without substantial gains.

[vnagabhushanam]

I followed FIRE. Retired at age 48. My suggestions - have own furnished house, car etc before it. Plan finances & future well depending on your personality & vision- take good insurances, save prudently in Banks & real estate. Lead a disciplined life style, be teetotaller, develop healthy emotional relationships and networks. Be a busy bee in keeping your mind young & conscious by making use of SWAYAM portal with growth mindset. Serve the society. Enjoy happy life with goal of well being❤❤

[gmgvufz]

He said he was not an exceptional student but went on to get AIR 25. 👌🙌

[Eric_moore]

Initially, my retirement strategy involved retiring at 62, engaging in part-time work, and diligently saving money. Nevertheless, exorbitant prices across all commodities have significantly disrupted this plan. I am apprehensive whether individuals who navigated the 2008 financial crisis encountered less challenging circumstances than what I am currently facing. The volatility in the stock market is a cause for concern, especially as my income has declined. Consequently, I worry about not accumulating sufficient retirement savings, given my reduced capacity to contribute as substantially as I did before.

[SuperStarScorpion]

Please get people who have worked in India and achieved FIRE at 37.. That will be some real case.. This video is not an apple to apple comparison

[Nageshmokashe]

So how he achieved FIRE at the age of 37..
Cleared CA in first attempt, . Started working in investment banking domain, worked for 10+ years in Dubai, saved a lot of money, moved to Mumbai, then Pune.. and voila FIRE achieved..
I was expecting something meaningful to learn from this video.

[santhipbalakrishnan]

don't get fooled by this guys, he is CA, most of the guys are well off in good paying job who retire early, ordinary Indian mild class people can't retire that early... if planned well may be at 60..

[Brodin-idre]

Planning retirement has never been this confusing! First SVB, then Signature bank and now First republic, these are all the signs of yet another 2008 market crash and recession 2.0, so my question is do I still save in the United States dollar, or could this be a good time to buy stocks? So I’m left wondering what 2023 has in store for us investors, I’ve been sitting on over $745K equity from a home sale and I’m not sure where to go from here,

[praveenprabhu]

We need case studies of people who made FIRE possible with their 9-5 job in India, no inheritance. What was their investing style, life style, money philosophy.
Anyone can achieve FIRE with overseas job and high paying roles..unless you are not investing at all. Thats a given.

[Patriciabanks]

As a soon-to-be retiree, keeping my 401k on track after a bumpy 2022 is a high goal. I've read about investors generating up to $250k ROI in this present sinking market; any suggestions for increasing my ROI before retirement would be greatly appreciated.

[ericwilde]

Invest early, invest often, stay invested. Buy a good cross section of an economy and you should do well over the long term. The market will be high in 10 to 20 years, and significantly higher in 30. It's almost impossible for a company with no debt to go bankrupt. Canada is about 3% of the global marketplace, U.S. is about 50%, remainder on the globe is 47%. Pay yourself first. It's time in the market, not timing the market. i stay untop of the market with my FA Emily Lois Parker. Bulls and bears make money, but pigs get slaughtered. - some wise words -

[trazzpalmer]

I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

[adig]

This was complete waste of time, no investing planning, no numbers, no stategy.. just two people talking with no takeways for viewer. The value for you time is watching ETMoney, Wint wealth and Shankar Nath

[BuzzMotivationYoutube]

Come on Sharan ! You don't ask a Woman, her age, Men, their salary and Chartered Accountant, their Attempt. You broke the '4th golden rule of accounts'.

[robertfernandes]

Hi Sharan, thanks for bringing in Sandeep Agarwal. Happy that he achieved FIRE at his young age of 37. Congratulations💐. As someone rightly said, the session could’ve been longer one with questions such as his passion and life’s ambition? How he spends his day? His achievements apart from achieving FIRE? Etc. Etc. 12.24M is a shortest session I ever watched on your channel! Look forward to see more. Thanks