How Much Money You Need To Have To Retire ? | Golden Formula

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[Riggsnic_co]

I think the retirement crisis will get even worse. A lot of people can’t save because of low paying jobs, inflation, and insane rental rates. And now that home ownership is out of reach for middle class Americans, they won’t have a house to retire with either.

[parthabhattacharya]

Live simple life. For me 30000 is enough to live happily. Mental peace is everything. Else you will be in never ending rat race.

[brownman]

My father took VRS from private company at age of 53 but after that he setup 2 schools in Mumbai locality. Coming March he'll turn 73. He's still comes to school and work for 10 hrs, one should not strive for retirement but financial independence. One has to hustle throughout life.

[knowledgeideas]

The value of 1 Crore: (assume 7% inflation)
- 10 years from now= 50Lakhs.
- 15 years from now= 36Lakhs.
- 20 years from now= 25Lakhs.
But medical & education inflation is more than 10%

[nehasrivastava]

He is soo much better than all the financial influencer out there, thanks for the clarity Sir!...deep regards!

[anjanagupta]

Bilkul sahi hai. Pehle ek lakh bahut lagta tha, 1980's mein. Ab to ek crore bhi kam lagta hai.

[awisin]

Financial independence and retirement are diffrent. Financial independence is required to carry your journey in the likable professional field without the fear of failure.

[shabbarak]

If you can control your wants, any figure is acceptable. Don’t people live within poverty, they just don’t die. As the saying goes the money you leave behind is the extra work you need not have done

[MaryOlson]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months, my portfolio was reading $274, 800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

[bharatideore]

Truly an eye opener key concept is Excel sheet doesn't have emotions and aspirations....Thank you very much, Sir ji ...

[abhisheksainani]

I wish you'd made this video 10 years ago! My parents, wife and many others tried to make me understand that human aspirations can change but I didn't understand. Today I do. :)

[vivektomar]

Only an experienced and wise person like you can guide us.
Great Chaudhary Saab.. 👍

[roopali]

My FIl retired as SBI bank Manager did his job at the highest rate of honesty.. now he is 72 yrs leading a beautiful life in hometown having passion for gardening n spiritual growth. Gets his pension n guides his village people helps them with money investment etc

[annsgal]

Earning as much as one can is not only great for financial security, but also keeps the mind young, and self-esteem high.

[krishanusadhu]

You have shed light from a very different angle on this very important topic and I must say that this perspective now resonates with me better. This way of thinking seems to be nearer to the truth that life does not follow excel sheet calculations. Thank you Sir for the wisdom.

[ryanwilliams]

40 now, and everything is paid for. Fortunately, I had a college economics teacher who taught me a lesson when I was 18 years old. That lesson was: you can't buy something else for every purchase you make. Having multiple sources of income is prudent, as is living within your means. I have a 13-year-old vehicle because it is all I need, I like it, and I can do whatever I want with it. My net worth is $900k, and I can pay my bills without stress, but I don't live like I have that. I have no complaints.

[shivramchandani]

Le li bhai saab ne ankur warikoo ki dubara...

[nayanmehta]

Great Great Great piece of content, sir please don't stop the youth needs you 🙏

[bsridharut]

Very realistic and practical views on retirement planning, first if it's kind. Extremely useful

[anirudrasarkar]

Hello Sir,
To be true I am a great consumer of Financial related Videos. I have been watching Early Retirement related videos for many months. I am in my mid 20s and a employee at a private firm.
This particular video where you said about Excel Sheet and Human Emotions was really touching.
Thanks for the hash reality.
Thanks and Regards.