You can NOT retire with ₹3 Cr corpus!| Retirement Planning |Ft. Dr. Pattu, IIT Madras |FIRE Movement

How much Money you Really Need? | Ft. Dr. Pattu, IIT Madras

🎙️ **In-Depth Podcast with Dr. Pattu – Professor at IIT Madras & SEBI Advisor on Financial Calculators** 🎙️

In this insightful conversation, Shagun sits down with Dr. Pattu, a professor at IIT Madras, who has played a pivotal role in helping SEBI create crucial financial calculators 🧮. We explore a range of topics from early retirement planning to the importance of asset allocation for new investors.

🌟 **Topics Covered:**
- Early Retirement: Is it practical or just a dream? 🏖️
- The real Impact of delaying retirement planning and how it affects your future 🔄.
- How to calculate an infinite corpus 🏦 and what that means for your financial security.
- When is the right time to start planning for retirement? The earlier, the better! ⏳
- The SIP surge post-2020 and what it means for investors 📈.
- Importance of conventional asset classes and why they shouldn’t be ignored 📊.
- Dr. Pattu’s personal asset allocation strategy 🗂️ – how he balances his investments.
- Best investment strategies for new investors 🌱.
- Should you pay off loans first or start saving for retirement? 💸
- How to secure your reinvestment for long-term financial success 🔒.
- Tips on how to plan your finances better to reach your goals 💰.
- And much more, including a deep dive into "who Dr. Pattu is" and how to make "finance a household conversation" 🏠.

🚨 This podcast is packed with actionable insights that can help you better understand your financial future and retirement planning. Whether you’re just starting your investment journey or you're well into it, this discussion will give you valuable perspectives.

🌱 **Don't forget to hit that subscribe button** to stay updated with more conversations on financial freedom, investments, and retirement planning.

#FinancialFreedom #InvestingTips #RetirementPlanning #SEBI #DrPattu #SIP #AssetAllocation #FinancialPodcast

Time Stamps
00:00 : Intro
01:05 : Early Retirement - Practical or not?
02:25 : Impact of delaying your retirement planning
04:39 : Calculation for Infinite Corpus
08:15 : Right time to start with retirement planning
09:02 : Reality of SIP surge after 2020
11:14 : Importance of conventional asset classes
14:12 : Dr. Pattu's asset allocation
15:21 : Strategy to invest for new investors
18:12 : Pay loan first or Retirement?
21:20 : How to secure your reinvestment
23:54 : How to plan your finances better?
26:29 : Who is Dr. Pattu?
29:48 : How to make finance a household conversation?

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[AbigailOliviaql]

"Retirement isn’t an end goal, but a journey best secured by careful and consistent investments."

[HareeshK-gn]

He is one of the best financial educator to listen to in You Tube…his articulation and knowledge comes handy when explaining concepts…simply wonderful listening to him in English or Tamil…❤

[Damncars]

convinced that investing $50k-100k in the right company before it goes big is better than just saving for retirement. But since picking the right company is hard, saving might be safer—who would’ve guessed SPGI? I have $200k in a HYSA and want to invest. What are the best opportunities now?

[DheerajKattula]

The interviewer should learn to let the guest speak without interrupting. Her interrupting him when he was telling the story of -3L to finance knowledge was absolutely not in line with the goal of her question!

[Dailypalamides]

I’m 50 and my husband's 54 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. Saving and investing lifestyle in the stock market made it possible for us this early even till now we earn weekly. Thanks to FIRE movement.

[balasundaramn]

Beautiful things About Mr.Pattu is this is not that first interview with these questions, but still puts his full attention to questions n details the explanation, shows his respect to viewers n interviewer!

[ReginaMcLauren]

Amazing content! I have been following your videos for sometime now, consistently kicking down Wall Street doors for two years now, I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if they're any short term opportunities I can invest in.

[sukantasagar]

Pattu sir is a genius when personal finance comes to picture. Very focused to the point explanation and very very realistic. Every words of him in this podcast signifies his in depth knowledge and profound experience in this field. Retail investors like us are very very fortunate that pattu sir is there to teach us everything about finance

[akhandbha]

For financial freedom, minimalistic life is a must even with a huge corpus.

[pradeeppep]

'I'm Pattu from Freefincal' is the best feel good magic mantra after Abracadabra ! I'd say.. I'm thankful for all the knowledge shared...

[HarmonicGuitarBeats]

Speech from 15:45 mins to 16:30 mins is the Golden Tip for the life. Thank you sir.

[talkatul]

3cr may or may not be enough to retire, 30L may or may not be enough to retire, 30cr may or may not be enough to retire, 3L may or may not be enough to retire - it all depends on what your goals are and it's VERY personal. Retirement goals are VERY personal, money goals are VERY personal, life goals are VERY personal. Therefore "You can NOT retire with 3Cr corpus" is very bold and sweeping statement which ignores "personal" nature of money goals and priorities.

[ParagD-lk]

Minimalistic life is big big help... Because greed is endless.. even 25 cr won't be enough then..

[Harperrr.]

I am 53 and retired at 50. 1 thing I did do to retire early was to get out of the 401K and IRA programs. Bought rental real-estate and I am now a Limited Partner in about 1500+ units from collabrative efforts in the fund my estate planner has me invested in. I do not work.

[yogensood]

The perpetual motion analogy was Spot-On!

[regularhuman]

Its enough if you live in tier 2 or tier 3 city. Also, this money wont sit in your bank account, it'll be invested either in FD or in Equity or mutual fund with atleast 10% returns. So yes, 3 cr is enough, even 1 crore is enough if you know how to invest.

[navinfernandes]

Dr. Pattu is so articulate... it is very refreshing to hear him everytime..

[CaryTriana]

The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400, 000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.

[kartickghosh]

"Many things work in spreadsheets but not in real life". - no ankur warikoo is harmed. glad somebody is addressing it.

[AmirKhan-wocd]

Respect and love for Dr. Pattu. I never miss his podcasts.