Excellent advise. I listened to so many presentations to get a hang of how to plan for retirement and your systematic, lucid and balanced presentation is the most valuable one. I am a bit late in planning and behind schedule but I have a clear vision of the path I should take.
Do you know no one knows the real facts about Hinduism until date!!!! Why? Because these DAITYAS ( Muslims) steal your tapas in the beginning only, otherwise in case you wait until end of it,” it is stolen by the DAITYAS for their own betterment “. Kanchankumar anandmayi
One of the best videos that I have seen on this topic. Very nicely explained. My biggest takeway was "take your wife along in investments".. I find it very valuable and have started doing that..
Very well summarised. Only one thing as you grow old your ability to manage multiple properties will be limited. And it’s hard to delegate this entirely unless you have that kind of resources.
Sir, now your no. of subscribers is rising high as 30k. It took time to reach 10k. From 10k to 30k it didn't take time. I think it will reach 50k and 100k. I appreciate your voluntary service. It gives me a lot of benefits.
One more thing to be considered for rental income is the cost of maintaining (repairs) of your property - the older it gets, the more chances of repairing...also it depends if you want to live a simplistic or lavish lifestyle...you can live with the first one for far less than the second... golden simple rule is spend a bit less than you earn - in other words, keep saving as much as possible - of course, without being a miser...!!!
Periodical maintenance is a must. When a tenant vacates properties should be made weatherproof. Cleaning and revamping once in three yrs after each tenancy is a must. I'm in this rental real estate bysiness.If a tenant vacates before a year he should be liable to pay painting, toilet cleaning, chimney cleaning charges. If they stay for three yrs no need to pay painting charges. Cleaning of toilets electric chimney and general cleaning should be paid. Periodical maintenance of electrical and plumbing must be done using a network .passive income by way of rentals is a must for NRI s.investing in one bedroom two bedroom flats with all modern fittings and modular cabinets will keep the rental machine running. Don't invest in one big independent house or a big villa. It's only a drain on your purse
Small savings, recurring deposit and changing the money into gold is another investment which can be liquefied in case of emergency cash requirement. Jewel loans, at low interest is available in all banks
Thanks for a great presentation..... only risk I see is about rental properties being a retirement income generating assets is that the possibility of having bad tenants who don’t pay rent on time or don’t pay at all , and at that age who will fight the tenant in courts ... and the cost of refurbishing the property and taxes ... rental income is taxed at slab and property taxes are extra .. SWP of mutual funds are the best solution
There is a lot of "What Ifs" on all investments and in our lives too. That's why he mentioned that you should not have income from single property which can is risky.
Take complete retirement, I mean Sanyas, when all your desires are over and done before retirement, and your money problems all sorted out, then one is good enough to live the life in total peace. Kanchan kumar
Diversification is key in retirement planning.It’s important to mix a wide variety of investments within a retirement portfolio.The rationale behind this is that a portfolio of different kinds of assets will, on average, yield higher long-term returns and lower the risk of any one holding.There is no good or bad assets.An excellent asset class can become mediocre asset class over a period of time and vice versa.Ex.Real Estate.
No. Maintenance issues and runnin behind plumbers and electricians. Avoid. Consult a financial advisor for planning. Rental income is not a great source, especially after retirement..
The inflation in UK is 8% this year. The bank interest rates are still 0-1%. Certain events change the whole calculation so better to have a very good buffer.
Now a days gold is also a good assest for retirement particularly in paper format. It's a good hedge against inflation. If you can pls discuss regarding the same. How much percentage of your portfolio should be gold in paper format
It generally is.. For eg.. I have a 3BHK flat in Bangalore that fetched 9K rent in 2009 and in 2023 the rent is 32K.. this translates into a 9% growth which is above average inflation of 6%.. obviously the property value the gone up 6 times !! which is very profitable
1. List of Assets with full identification numbers and locations: lockers, property documents, demat accounts, receivables pronotes and hand loans, partnership and LLPs in which partner, list of loans, guarantees, mortgages 2. List of Uptodate passwords and email accounts 3. Mandate on how and where to conduct last rites, body part’s donation contact details, donations 4. Living will : instructions to near relatives on extent of medical treatments and artificial prolonging of life , list of medical experts, location where soft copies of medical records kept
Three questions sir a. Is the 25 times annual expense rule valid at the age of retirement or any age? b. Is the 25 times annual expense rule valid even in India, considering that our inflation is higher than that in the US or many of the developed countries? c. Can the value of other assets be also included, like house value, gold value, etc., while considering the corpus required ..i.e., 25 times annual expense amount. So if house is 2 crore worth and savings one crore, will the corpus be 1 crore or three crores. I am asking this because it is not easy to dispose off assets such as real estate in the old age. There are taxes to consider and also the lack of mental alertness, which could lead to major mistakes.
Ideal situation according to me is 1 debt free property where you stay. 1 additional rental property and then the liquid assets that follow the 25X rule.. It will help modulate when the markets are down and you dont want to drawdown on your investments, as you will lose a lot..
It is a pretty decent advice. After retirement most of our unnecessary wants are given up . So with a proper planning one can lead a decent life and add to the corpus at the same time. However, this concept is based on an " all okay" concept. We should also keep some amount aside for unexpected needs like medical needs.
thank you Sir. Great information. I have a question. If you draw 4% each year and you earn 6% interest on your portfolio, will your money ever finish or not. I am 45 year old and want to retire soon. As I need at least 35 year retirement, I wnt to know if my portfolio will last or not if I earn 6% return on my investment each year and draw 4%.
Need a financial advisor for planning these sir. 6% and 4% may work for 60 age guy. Not for 45. If You live for 55 more years (most likely 😊), you ll be in soup. Should take some equity exposure.
Inflation is not 7-8% sir. It's for sure 10-11%. Before fifteen years we dint spent for internet, mobile or most probably a car, movies were cheap. Popcorns were cheaper. It ll increase as we move along. 4% rule won't work for our country.
How about investing in blue chip companies in the stock market? With steady dividends and high liquidity, it's my choice. My dad invested during his working days, now he is 90 and bedridden. His dividends are seeing to his needs and the extra are being enjoyed by the children.
Mr. Chandrakant, kudos to you. Nicely explained how much is enough for retirement. I liked the scenario 2, because I don't need to depend on someone else to pay me. I can diversify in FD, Mutual fund and other govt retirement scheme to get 4% annual return post tax. But in scenario 1 there are difficulties to get rent on time. There may be some period when there is no tenant and in that period you will not get any rent though other expenses like maintenance, minimum electricity payment, property tax payment, some renovation must be there. We may get bad tenants too and for that you have to spend a lot if something goes wrong. You may have to go in legal proceedings if the tenant does not pay you or you want to remove him. Why should we take all such pains during retirement. Liquidity may also be an issue if your property is not in a great location. In case of urgency you may not get buyer. So scenario 1 has many loop holes. Scenario 2 is best suited to me.
Nice analysis. Subscribed. Agricultural land is a good investment for retirement. One can get long-term benefits from fruit trees. The price of fruit can beat inflation.
@@dadu251 Mutual funds diversify their investments through a variety of businesses in order to minimize risk and maximize benefit. Similarly, various fruit trees may fulfill the same purpose. Different seasonal fruit trees would be better because they will produce fruit throughout the year, allowing you to earn money throughout the year. It would be difficult to sell all of the fruits in a local market if we invest in only one kind of fruit tree. Start with local fruits and work your way up to international fruits. If the land is far from home, masala trees like bay leaf and the cinnamon tree would be more suitable.
A very important thing to be added. 2% additional cost to your current standard of living must be the part of planning for future years for new component in our living style. Unlike earlier basic needs of roti kapda aur makan is not the case now..because in last 15 years addition we see in our basic needs are tv paxkage, wifi, mobile data, new devices with updated version every 3 years, netflix, amazon prime etc etc. God knows what else to come to be part of our necessary needs. What is luxury today will turn normal.and basic in few years.
Sir Thank you so much for your guidelines. Good Health insurance cover should be 20 to 25 lakhs. Base policy 10 lakhs and top up upto 25 lakhs. This is my opinion. Warm Regds, Chandrasekhar
Sir, Already subscribed. I will share with my friends and colleagues as I can see very useful information is covered in all your video topics. Once again many thanks and God bless your work.
I dont agree with rental livelihood, it may work in Mumbai but other places like Chennai its 0, First Rental return is low then the several costs od mntc finding tenants is not a good strategy in retirement when you need peace of mind... Agree????
I am retired person and my wife is still working. She is have more 6 years to go for retirement. This video is very interesting. The draw down of 4 % is very good way to look for the corpus required of retirement money. Again the rental income are getting lower and lower specially for residential properties, since the property value is very high and there are enough inventory in the market. Most of us have the house we stay. How can we monitise this property. Do we have any product in India to benefit the retired person who do not have enough corpus based on the draw down factor 4%.
What I have done, I can share. I have searched for decent old age home room such that the rent I get is more than double of what I will pay there. I liked the food there. I will shift there, and stay for five to seven years, using this rent. So five to seven years, I will not touch main corpus for my basic survival, and that will compound. I will review the status then. May extend for another 3 years if need be. Right now I am not moving because of COVID.
Dr.Chandrakant , Thank you for your detailed explanation about retirement and Investments. I have learnt a lot from your good advice . I live in Canada and I visit Dubai/India every year. Hope to meet you in Dubai to discuss about investment.
A simple question is that using SWP in Future and after paying the Long Term Gain tax do i also have to pay income tax on the amount came into my bank? As the income from FDs will be in a bigger tax slab Am i correct?
@@NaNa-lt1po Anything is baseless and stupid until you know how to do it. Turning passion into money isn't something new. If u don't know then thats' your limitation
Excellent advise. I listened to so many presentations to get a hang of how to plan for retirement and your systematic, lucid and balanced presentation is the most valuable one. I am a bit late in planning and behind schedule but I have a clear vision of the path I should take.
Do you know no one knows the real facts about Hinduism until date!!!!
Why?
Because these DAITYAS ( Muslims) steal your tapas in the beginning only, otherwise in case you wait until end of it,” it is stolen by the DAITYAS for their own betterment “.
Kanchankumar anandmayi
One of the best videos that I have seen on this topic. Very nicely explained. My biggest takeway was "take your wife along in investments".. I find it very valuable and have started doing that..
Nice video i have got best information about retirement
Thankyou Sir
Very well explained Thanks
my guru
Good one. What you have not included is reverse mortgage of property if you are a single or have no children/wife behind.
Very very appropriate and rational advice for retirement planning
Simple, easy to understand for people like me from non-finance background. Thank you for your tips. 🙏🙏🙏
Great are the people who make complex things look simple. Good guide to prepare oneself to retire .
Very well summarised. Only one thing as you grow old your ability to manage multiple properties will be limited. And it’s hard to delegate this entirely unless you have that kind of resources.
New subbie! When you pulled out that 100 envelope challenge is a beast. I vote summer challenge Great job!!
Very practical presentation. Even a layman can understand very well.
I agree with you
Thank you so much . Please subscribe and keep sharing the videos
Great & very Deep FA On our Retirement goal
You are GOOD Dr Bhat
Sir, now your no. of subscribers is rising high as 30k. It took time to reach 10k. From 10k to 30k it didn't take time. I think it will reach 50k and 100k. I appreciate your voluntary service. It gives me a lot of benefits.
So nice of you. Please subscribe and keep sharing the videos
@@NRIMoneyClinic Sir, when I see your video first time I became your subscriber. I cleared some doubs through your WhatsApp no.
Am a practical person pertaining to budgeting. Spend within my means & cautious not to fall into the over spending with impulse purchases.
One more thing to be considered for rental income is the cost of maintaining (repairs) of your property - the older it gets, the more chances of repairing...also it depends if you want to live a simplistic or lavish lifestyle...you can live with the first one for far less than the second... golden simple rule is spend a bit less than you earn - in other words, keep saving as much as possible - of course, without being a miser...!!!
Periodical maintenance is a must. When a tenant vacates properties should be made weatherproof. Cleaning and revamping once in three yrs after each tenancy is a must. I'm in this rental real estate bysiness.If a tenant vacates before a year he should be liable to pay painting, toilet cleaning, chimney cleaning charges. If they stay for three yrs no need to pay painting charges. Cleaning of toilets electric chimney and general cleaning should be paid. Periodical maintenance of electrical and plumbing must be done using a network .passive income by way of rentals is a must for NRI s.investing in one bedroom two bedroom flats with all modern fittings and modular cabinets will keep the rental machine running. Don't invest in one big independent house or a big villa. It's only a drain on your purse
Small savings, recurring deposit and changing the money into gold is another investment which can be liquefied in case of emergency cash requirement. Jewel loans, at low interest is available in all banks
Excellent informative topic. Thanks👍
Thank you Dr for sharing.
May God Bless you and your family.
Woth love from Malaysia 👍
Nice one sir......your language is so soothing.
Thanks a ton. Please subscribe and keep sharing the videos
Good eye opener 👍
Thanks for a great presentation..... only risk I see is about rental properties being a retirement income generating assets is that the possibility of having bad tenants who don’t pay rent on time or don’t pay at all , and at that age who will fight the tenant in courts ... and the cost of refurbishing the property and taxes ... rental income is taxed at slab and property taxes are extra .. SWP of mutual funds are the best solution
Wats SWP of mutual funds
Thanks for your feedback. Please subscribe and keep sharing the videos
Model tenants act is here...if your state passes it .. it may help
@@rajprema.6425 = Systematic Withdrawal Plan
There is a lot of "What Ifs" on all investments and in our lives too. That's why he mentioned that you should not have income from single property which can is risky.
Very informative!
Very well presented .
Thanks a lot 🙏
👍👍👍
So nice of you. Please subscribe and keep sharing the videos
Dr Chandrakant, thank you for a very good insight on financial planning. Your 4% rule gives good confidence to me.
Very good informatiom
Very well explained. Thanks..
How well u explain.....
shukran , thank you, Dhanyavad, Abhar, Shukriya..
Great, useful looking forward to meet you soon.
Sir you are Simply the Best Guide & Guru regarding Financial Advices.
Hare Krishna
Hare Rama
Almighty Bless You.
🙏👌👍
So nice of you. Hare Krishna . Please subscribe and keep sharing the videos
The problem with rental income is many times the tenants don't pay any rent at all or pay whenever they feel like
Very well presented. It should be a part of the financial education for everyobody.
excellent sir on the retirement advice . Thanks Narayan raghavendra
Superb one. Great eye opener
Very very useful guidance 👌
Superb, realistic & approachable explanation.
When you are too old it is hard to chase tenants
Nicely presented the plan
Thank You Please subscribe and keep sharing the videos
Thank you! I liked the way you explained it.
Very nice illustration. Effective Presentation style.
Thank you! Cheers!. Please subscribe and keep sharing the videos
Great video sir!!!!!! Thank you 🙏🏻
Very very nice Sir Excellent
DR BHAT U R GREAT MAN
Thank you . Please subscribe and keep sharing the videos
Excellent and very dignified advise for people 🙏
Take complete retirement, I mean Sanyas, when all your desires are over and done before retirement, and your money problems all sorted out, then one is good enough to live the life in total peace. Kanchan kumar
You still need to eat and have medical treatment.
@@tintunbirha ddddz
Vanaprastha
Sanyas ashram 😂😂
If you dont splurge money after retirement, you will be fine. Spend only on necessities.
A very nice presentation and guidance.
Glad you liked it. Please subscribe and keep sharing the videos
Diversification is key in retirement planning.It’s important to mix a wide variety of investments within a retirement portfolio.The rationale behind this is that a portfolio of different kinds of assets will, on average, yield higher long-term returns and lower the risk of any one holding.There is no good or bad assets.An excellent asset class can become mediocre asset class over a period of time and vice versa.Ex.Real Estate.
Thank you for your feedback . Please subscribe and keep sharing the videos
Pomp⁰0.
Good presentation. Easily understandable.
Thanks for the useful info.
is it advisable to buy a house and lot with retirement money?
No. Maintenance issues and runnin behind plumbers and electricians.
Avoid. Consult a financial advisor for planning. Rental income is not a great source, especially after retirement..
Thank you sir for great knowledge
Super Advise. Thank you, Sir.
Great to hear your advice. May God bless you Sir
Couldn’t agree more. Excellent advice
Excellent explanation sir
Very useful info sir... thank you.
Really helpful
Appreciate
The inflation in UK is 8% this year. The bank interest rates are still 0-1%. Certain events change the whole calculation so better to have a very good buffer.
Very nice explanation in favour the topic.Thank you.
Excellent explanation
Glad you liked it. Please subscribe and keep sharing the videos
Good advice by Mr Bhatt Saab
You explain very well
Now a days gold is also a good assest for retirement particularly in paper format. It's a good hedge against inflation. If you can pls discuss regarding the same. How much percentage of your portfolio should be gold in paper format
Thanks sir, you are 99% correct. I say this because these days rental income is not inflation proof, specially in INDIA. Thanks once again.
It generally is.. For eg.. I have a 3BHK flat in Bangalore that fetched 9K rent in 2009 and in 2023 the rent is 32K.. this translates into a 9% growth which is above average inflation of 6%.. obviously the property value the gone up 6 times !! which is very profitable
Theoretically right. We have to pay taxes to live. One has to consider taxes when calculating. G ST, TDS etc. burden.
Agreed.
Money is of less of an issue these days. Bigger issue is food, maintenance of home, planning your days engaging friends
Thank you for vaulable insights. Will contact you to discuss further.
Bhatta Ji,
This video is very useful. Among your best videos.
1. List of Assets with full identification numbers and locations: lockers, property documents, demat accounts, receivables pronotes and hand loans, partnership and LLPs in which partner, list of loans, guarantees, mortgages
2. List of Uptodate passwords and email accounts
3. Mandate on how and where to conduct last rites, body part’s donation contact details, donations
4. Living will : instructions to near relatives on extent of medical treatments and artificial prolonging of life , list of medical experts, location where soft copies of medical records kept
Thanks Sir, My doubt get cleared by watching this video
Thank you very much for your feedback
Three questions sir
a. Is the 25 times annual expense rule valid at the age of retirement or any age?
b. Is the 25 times annual expense rule valid even in India, considering that our inflation is higher than that in the US or many of the developed countries?
c. Can the value of other assets be also included, like house value, gold value, etc., while considering the corpus required ..i.e., 25 times annual expense amount. So if house is 2 crore worth and savings one crore, will the corpus be 1 crore or three crores. I am asking this because it is not easy to dispose off assets such as real estate in the old age. There are taxes to consider and also the lack of mental alertness, which could lead to major mistakes.
He’s gone purely on liquid assets. Having real estate assets would be an addition and could be used as a buffer
@@abhijitnaik1695 Thank you for clarifying that. :)
Leave the house you live in, and gold you consume, always when you calculate your networth.
@@GetYourselfALife Oh great...makes sense..
Ideal situation according to me is 1 debt free property where you stay. 1 additional rental property and then the liquid assets that follow the 25X rule.. It will help modulate when the markets are down and you dont want to drawdown on your investments, as you will lose a lot..
Namaskaara Bhattare. Very good video. Will hope to meet you when I am in Bengaluru.
So nice of you. Sure we could meet . Please subscribe and keep sharing the videos
Unfortunately world changes and no one’s plan can be good.
It’s the best thing if we look after each other, money or no money
If my present monthly expenditure = my present monthly government pension how much money should I have?
It is a pretty decent advice. After retirement most of our unnecessary wants are given up . So with a proper planning one can lead a decent life and add to the corpus at the same time.
However, this concept is based on an " all okay" concept. We should also keep some amount aside for unexpected needs like medical needs.
Very informative...
Glad it was helpful!Please subscribe and keep sharing the videos
Excellent information sir
Good one. But of late, interest rates were kept low whereas real inflation is pretty high. Traditional rules seems not really working.
It is a real risk during modern times ...unreal interest rates
thank you Sir. Great information. I have a question. If you draw 4% each year and you earn 6% interest on your portfolio, will your money ever finish or not. I am 45 year old and want to retire soon. As I need at least 35 year retirement, I wnt to know if my portfolio will last or not if I earn 6% return on my investment each year and draw 4%.
Need a financial advisor for planning these sir.
6% and 4% may work for 60 age guy. Not for 45. If You live for 55 more years (most likely 😊), you ll be in soup.
Should take some equity exposure.
Inflation is not 7-8% sir. It's for sure 10-11%.
Before fifteen years we dint spent for internet, mobile or most probably a car, movies were cheap. Popcorns were cheaper.
It ll increase as we move along. 4% rule won't work for our country.
Sir, thank you for this video on retirement and it helped me to think and calculate where I am now. Your way of presentation is so good.
You are most welcome. Please subscribe and keep sharing the videos
How about investing in blue chip companies in the stock market? With steady dividends and high liquidity, it's my choice. My dad invested during his working days, now he is 90 and bedridden. His dividends are seeing to his needs and the extra are being enjoyed by the children.
Wow awesome
Mr. Chandrakant, kudos to you. Nicely explained how much is enough for retirement. I liked the scenario 2, because I don't need to depend on someone else to pay me. I can diversify in FD, Mutual fund and other govt retirement scheme to get 4% annual return post tax. But in scenario 1 there are difficulties to get rent on time. There may be some period when there is no tenant and in that period you will not get any rent though other expenses like maintenance, minimum electricity payment, property tax payment, some renovation must be there. We may get bad tenants too and for that you have to spend a lot if something goes wrong. You may have to go in legal proceedings if the tenant does not pay you or you want to remove him. Why should we take all such pains during retirement. Liquidity may also be an issue if your property is not in a great location. In case of urgency you may not get buyer. So scenario 1 has many loop holes. Scenario 2 is best suited to me.
Very well explained. 👏 Thank you.
Thank you so much . Please subscribe and keep sharing the videos
@@NRIMoneyClinic 🤣🤣🤣
Nowadays in covid era rental yield is very low. Please advise 🙏
It is temporary phase, it will pass. :)
Makes good sense.
Nice analysis. Subscribed.
Agricultural land is a good investment for retirement. One can get long-term benefits from fruit trees. The price of fruit can beat inflation.
That sounds interesting.
Which fruits you are talking about?
@@dadu251 Mutual funds diversify their investments through a variety of businesses in order to minimize risk and maximize benefit. Similarly, various fruit trees may fulfill the same purpose. Different seasonal fruit trees would be better because they will produce fruit throughout the year, allowing you to earn money throughout the year. It would be difficult to sell all of the fruits in a local market if we invest in only one kind of fruit tree. Start with local fruits and work your way up to international fruits.
If the land is far from home, masala trees like bay leaf and the cinnamon tree would be more suitable.
A very important thing to be added. 2% additional cost to your current standard of living must be the part of planning for future years for new component in our living style. Unlike earlier basic needs of roti kapda aur makan is not the case now..because in last 15 years addition we see in our basic needs are tv paxkage, wifi, mobile data, new devices with updated version every 3 years, netflix, amazon prime etc etc. God knows what else to come to be part of our necessary needs. What is luxury today will turn normal.and basic in few years.
Point noted , Thank you Please subscribe and keep sharing the videos
True
Point to be noted.
Sir Thank you so much for your guidelines. Good Health insurance cover should be 20 to 25 lakhs. Base policy 10 lakhs and top up upto 25 lakhs. This is my opinion. Warm Regds, Chandrasekhar
Great content. Thank you Mr. Bhat
My pleasure. Please subscribe and keep sharing the videos
Sir, Already subscribed. I will share with my friends and colleagues as I can see very useful information is covered in all your video topics. Once again many thanks and God bless your work.
Very good
I dont agree with rental livelihood, it may work in Mumbai but other places like Chennai its 0, First Rental return is low then the several costs od mntc finding tenants is not a good strategy in retirement when you need peace of mind... Agree????
Excellent information and one of the best advise.Keep it up Sir.
I am retired person and my wife is still working. She is have more 6 years to go for retirement. This video is very interesting. The draw down of 4 % is very good way to look for the corpus required of retirement money. Again the rental income are getting lower and lower specially for residential properties, since the property value is very high and there are enough inventory in the market. Most of us have the house we stay. How can we monitise this property. Do we have any product in India to benefit the retired person who do not have enough corpus based on the draw down factor 4%.
What I have done, I can share. I have searched for decent old age home room such that the rent I get is more than double of what I will pay there. I liked the food there. I will shift there, and stay for five to seven years, using this rent. So five to seven years, I will not touch main corpus for my basic survival, and that will compound. I will review the status then. May extend for another 3 years if need be. Right now I am not moving because of COVID.
Dr.Chandrakant ,
Thank you for your detailed explanation about retirement and Investments. I have learnt a lot from your good advice . I live in Canada and I visit Dubai/India every year. Hope to meet you in Dubai to discuss about investment.
You are always welcome
Good summary. However, investment planning needs to be elaborate...
Point Noted . Thank You . Please subscribe and keep sharing the videos
Agreed. But is it possible to do so in less than 20 minutes podcast? People's attention span is limited.
Sir thank you for the podcast. Would you be kind enough to provide your insight on how to invest during inflation
A simple question is that using SWP in Future and after paying the Long Term Gain tax do i also have to pay income tax on the amount came into my bank? As the income from FDs will be in a bigger tax slab Am i correct?
Once you pay capital gains tax , it will not again suffer income tax
Thanks for a very quick response. @@NRIMoneyClinic
Excellent advice. Would be more interesting if you give illustrations 🙏
Noted!. Thank You Please subscribe and keep sharing the videos
@@NRIMoneyClinic Yes, illustrations will really help. This is a very interesting topic.
Great information
When you have been going after your passion there is no need to worry about pension and retirement.
You have a point . Please subscribe and keep sharing the videos
Absolutely stupid baseless statement.. unless one has learnt to monetize hoa/her passion... ridiculous.
Passion doesn't pay bills..
@@NaNa-lt1po Anything is baseless and stupid until you know how to do it. Turning passion into money isn't something new. If u don't know then thats' your limitation