Financial Independence and Retiring Early (F.I.R.E) as an NRI in the UK: The Ultimate Strategy!

🔥If you're an NRI in the UK dreaming of financial independence and retiring in India, this video is your roadmap. Hit that 'Like' button if you're on board with the idea of working in the UK and retiring in India! 🔥
- Link to Excel Worksheet: docs.google.com/spreadsheets/...
In this video, I'm Suman, an Indian doctor living in the UK. I'm here to share essential insights and strategies for NRIs who wish to return to India, their motherland, after gaining invaluable experience in the UK.
*Key Discussion Points:*
🔸 Why many Indian doctors aim to return to India after UK experience.
🔸 Strategies for planning your return to India.
🔸 Addressing financial concerns: Job market, income, and private practice.
🔸 Introducing a powerful F.I.R.E calculator to plan your financial future.
*Understanding the F.I.R.E Calculator:*
🔸 Salary growth (assumed 5%).
🔸 Savings rate (aiming for 30% of take-home pay).
🔸 Investment portfolio growth (assumed 10%).
🔸 Factoring in inflation (6% annually in India).
🔸 Determining your F.I.R.E number.
*Visualizing Your F.I.R.E Journey:*
🔸 Using real-life numbers to show when you can attain financial independence.
🔸 Considering existing savings and potential investments.
*Disclaimer and Invitation:*
Remember, this is a simplified calculation, but it's a great starting point. Achieving F.I.R.E at 43 doesn't mean I'll stop working; it's about having the freedom to choose how and where I work. Share your thoughts in the comments, and join my journey to financial independence by subscribing to the channel.
📊 Download the FIRE calculator Excel sheet from this video ‪@Hemantpant28‬ : • Middle Class to Rich u...
👍 Don't forget to 'Like' this video if it resonated with you and share it with fellow dreamers!
#FIRE #FinancialIndependence #RetireEarly #NRIinUK #UKLife #nrifinance #IndianDoctor #ReturntoIndia #FinancialPlanning

[@SumanPaulDoc]

Link to the Excel Worksheet: docs.google.com/spreadsheets/d/1qMt4Uo7gRJA49zxms5kZSS8DRr-anhVOGXUarhvorw0/edit#gid=0

[@kansd308]

Thanks for this Enlightening video 🙏🏻

[@SumanPaulDoc]

Glad it was helpful!

[@manzarmalik3680]

Very informative video!
Sir, can you please shed some light on the scope and expected salary of a CCT cardiology consultant in India?

[@SumanPaulDoc]

I don't have any reliable data on this. You can assume the scope is same as DM cardiology.

[@AbrMaloof]

After plab 2 how long does it take to get FY1 (internship) . Could you pls tell about it. Am an IMG from russia

[@SumanPaulDoc]

You have to apply for the foundation training programme as per usual application timeline. The post starts in August every year.

[@HiteshPatel-mb8oi]

WILL WE BE ELIGIBLE FOR NHS/STATE PENSION, IF WE LEAVE NHS MIDWAY ( AT AGE 45 YRS ) ?

[@SumanPaulDoc]

NHS pension needs minimum 2years full contribution and then you can get at 67years age, of course much lower amount.

[@rehansheikh46]

Have you taken into consideration kids expenses in your calculation?

[@SumanPaulDoc]

Yes, the 80000 per month includes 1 child's education expenses.

[@najeedaadil3197]

What is the scope for clinical oncology in UK

[@SumanPaulDoc]

th-cam.com/video/2sY9E2Hu4rg/w-d-xo.html
Discussed here at the end

[@drhariramsinghthakur9518]

I m MBBS from mumbai.i have passed out in1983.i wish to work In NHS.Plese guide

[@SumanPaulDoc]

Please watch the other videos on this channel. Alternatively book a 1:1 paid session(10,000 INR) medsolutionuk.com/services