How This Army Man Retired in Coorg with 10 Crores?
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- เผยแพร่เมื่อ 9 ก.ย. 2024
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Meet Lt. Col. Bharat Chevur. He managed to achieve FIRE in his 40s and retired to a beautiful estate in Coorg.After getting out of the army, he prioritised time with his family, and his own interests over a corporate job in the city.He explains how he built his wealth, his streams of passive income and how he managed to achieve the life that he leads today.
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Ex muslim sahil & adam seeker
😊 12:57 @@FreeThougghts5862
I am from Pakistan. In our country Army officers dont need to think about passive income at all. They belong from the richest group of our country. It is amazing that Indian Army officers are truly humble and real professional soldiers.
In India politicians enjoy such Riches
That is because in Pakistan, the army controls everything 😂And also the state sponsored terrorism into India 😡
We also have a breed that matches your Army officers they are called politicians
Indian army has highest integrity and respect in India
Education is a key.....in India ppl invests in mutual funds and stocks....I think there is 20000 cr goes in stocks every month if I am not wrong.....Pakistan economy unfortunately won't be more than few indian companies......my two cents
"Standard of living might be lower but the Quality of living is higher" 💯💯
Spoke like a army officer , very straight forward, no beating about the bush, very rare these days salute to you sir
If you don't have to do absolutely anything a human should do, just building muscle and getting paid for it, and respected, then you'd also get straight to point, These people have never seen a minute of struggle or ingenuity, everything is pre planned like clpckwork. butt is there and i don't know
My home is 5 kms away from this officers home went to this golf link met him he is humble n he works for social causes in and around our panchayat Mr.Bharat chevur thank you for giving me an opportunity to meet u
Name of the Golf course?
@@jeanpaul5139 coorg golf links
@@jeanpaul5139 coorg golf links , Virajpet
@@jeanpaul5139 coorg golf links , Ambatti
@@jeanpaul5139 coorg golf links, Ambatti
A retired colonel is showing discipline even after retirement...that Indian army for you...Jai hind
Man is living his best life
Defence personnel passive income is already defined in the form of pension they receive.. passive income is something for normal citizens.
They were defence officers. Looks like they took premature retirement in early 40s and late 30s. Pension wouldn’t be much then.
pension covers everything
If they were not permanent commission officers or retired before 20 years of service, they might not have any pensions.
Chutiye pension se kuch nahi hota
Chutiya Kuch pata hai nahi bakwas kar raha hai
She is ssc entry
I really wish wint money gets more subscribers as this video's are too essentials for us . Indians are still much interested in sourav joshi nd actors actreess life ..
I hope Bharat Rise again .
Well said.Role models, we choose, model our lives.
Exact thoughts of words which came into my mind .
Such a delight for army professionals. This should be the couple goals. Thanks for this little peek in the lives of a lovely couple and their dream home.
Discipline of Military is visible even after retirement.
sir, In India the majority of the people earn 35000-40000 rupees per month. So, please make one video on how these categories of people generate the money over the long run. It will not only be beneficial for me but also help others who are willing to invest with that money.
There is no investing with 35000-40000 per month, there is only SURVIVAL! That's the hard truth. Think about how to survive and improve your skillset to get better salary job
True😢@@indiantrendcapsule8828
@@indiantrendcapsule8828
Wtf?
Or mujhe laga log 20 k tak kama rahe honge
All services Army, Navy and air force deserves all the best in their life. Inspiring❤
Brilliant video, loved the way he spoke and told their personal stories 😊
Army mens are diff breeds altogether. Thank you for your service and great life to aspire for by many.
Also. The Policy makers i.e. civil servants.. who are running this country from administration to diplomatic levels.
@@akshay_persona Naah just few of them others are just incompetent
😂😂 ohh really!@@akshay_persona
@@uditraj8290 Why not? Who you think is making the nation's policy. WHO are the Diplomats? Not your illiterate netas. They are UPSC qualified creamy brains.
@@uditraj8290 Army is guarding our borders and who are guiding you from inside insurgency. Administration and Police officers. Using laughing emoji don't makes you serious?
Beautiful property and we appreciate the couple's dedication, patriotism, and sacrifices for the country!!!! 🙏🙏🙏
The only thing I envy from the older generation is such kind of bonds with their partners, the commitment, trust and loyalty which our generation is lacking.
Its better to live alone
I am from Jabalpur and I'm proud of my hometown ❤
Retirement may not be about stopping to work and live doing nothing. It can be about Retirement from a traditional job and start working on something one loves to do on own terms. Doing nothing on passive fund flow can only be enjoyed for sometime, which no one would realise whilst in there own current job hassles. Retirement can actually be a third innings of living a working life on own terms and enjoyment, without it becoming a workless purposeless slow wait for the end.
You sound very depressed sweetheart.
Retirement may very well be about ceasing all work and living without any activities.
It may not be about retiring from a traditional job and starting to work on something one loves to do on their own terms.
Enjoying doing nothing with passive income can be sustained for long, subjectively.
Retirement may not actually be a third phase of living a working life on one's own terms and enjoyment; it may also be a workless, joyfull, freedom till it lasts.
My life changed too when I started doing this and putting money in stocks. The first few years it as really great, but this year I haven't felt like my portfolio is doing well. I have lost more than $40,000 from my portfolio the past four months, and it's now very worrisome.
The year has been really rough for everybody. But I've been able to cushion the effect though. Have you thought of using an investment advisor? They can make you good money especially during uncertain times like this.
Yes, I agree. I use a financial advisor too. Same person since 2020. I don't worry about whether the economy is going up or down or sideways. I always ride through.
Oh, really? I have never thought of that as an option. Can I ask who it is you've been working with? I bet I could use some help myself.
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
What a great convo! A thorough army officer with no beating around bush , gave straight answers to the point, what can we learn from is that start early investment the eay you start the better you can get clarity after you reach mid 30s , this can be only achieved by reading mags,books and not by joining some courses out there. Would request Wint wealth to bring some more like this.
Nice story from colonel sir. Thanks wint for bringing this.
The Indian officer has inspired me to think seriously about my retirement .
he started investing in 1999 and then dot dom bubble bursted, he invested in property and lehman brothers collapsed bring down the property value down, Still advising to invest early. He invested way yearly.
Point that i am making is, don't start investing early just for the sake of it, rather invest when the time is right. Invest strategically.
You can't make money with these thoughts..early investment is must to genrate wealth. SIP is always a great tool
Yeah but you can't time the market. Best thing is to systematically invest in fixed durations like SIP. Maintain emergency fund for family emergencies. And keep separate funds for buying quality stocks during market fall.
Very nice interview. Respect to the indian army soldiers.
Thank you for your service sir and madam, Nation owes you.
Respect to you both. Wish you both a happy retired life
He is lucky in real estate. Army man those days have good knowledge. My uncle is army man, he also got good success in real estate.
What a beautiful estate. Phew!!! Dream life ❤
Thank you for this video. With our fixed monthly salary , we spent a large amount only on groceries n meeting our monthly requirements. And frequent postings, setting up new home, new admission take away a lot of money. Compared to our friends who r in pvt jobs n earning thrice , i always felt that it is impossible for us to become a crorepati!
problem with golf is you need one shot and 20 mins to find the ball. I hate this game. Only good for retire people.
For this a boy can be hired who will come up with the ball
Plus it gives terrible back pain.. worst game.
Someone described the game as," a beautiful walk interrupted often."
Not to demean his success story in any way....but a lot harder to achieve this in the private sector with no final salary pension arrangements like in the public sector/armed forces. The corpus required will have to be a lot higher
In the private sector, the salary is five times of what an Army officer in an equivalent position of service and experience would get. An Army officer can save a maximum of a crore rupees after putting in close to 30 plus years of service. In the corporate sector an MBA would make that kind of money in five to six years so don't grudge defence services officers their pensions and this is when the risks and the injuries and the separation from family is not even being spoken about...
@@SigmaAlfa8 Only from tier 1 college MBA Engineers can make 2-3 crore in 5-6 years; that too from ESOPS and bonuses. other pvt sector employees will get 10lpa+ salary after 5-6 years with 2-3 switches
Standard of living can be lower, but quality of life is higher when you choose these kind of things. 💯✅
They're basically property investors. They had big sums of money in the early 2000s which they put into properties in Bangalore. They made good use of the property price surge during that time. Not everyone will be fortunate to have big sums to invest in property and then see them rise in value. These days it'll be hard to find the initial capital for property as it's too expensive in Bangalore and other big cities. The returns on property is also not much presently.
My parents worked in a bank. Not rich. They invested smartly in land in Bangalore and now the real estate assets is a huge sum in their "portfolio". There are other colleagues of my parents who were lower ranked than them yet have made more property. It's got nothing to do with being fortunate, it's just some planning. My friend's father who was also a bank employee at kuh higher grade than my parents didn't do much investment and now my friend had to buy them a house. And my parents didn't have huge sums to invest. They did it with small amounts and bought land on outskirts of Bangalore, which is now very well within the city.
You can also do it but of course in today's times it's more difficult and with job volatility, taking on any sort of long term investment is risky.
@@Whatreally123 anyone can make money if they have insider info
"They had big sums of money in the early 2000s which they put into properties in Bangalore". I disagree. If they invested the same amount in stocks or mutual funds they would have much higher net worth now.
❤so glad for you dear Bharath ❤
Best wishes
Dr Stephen Rangaswami
I am an Army officer retired from service after 10 years, without any pension benefits.
My wife is a civilian so she was obviously not earning while I was in forces since she wanted to stay with me.
I invested in real estate, mutual funds, equities and working in corporate sector since last 2 years.
My net worth is around 2 CR without my family property.
So nothing great in this video since the officer is getting pension worth a lac each month and wife also is a retired Army Officer.
Totally my personal thoughts, no offence against any officer.
Kisine pucha
Yeah, u are absolutely right sir
Absolutely right. Pension of an officer is equivalent to high paying jobs.... Plus lumsums received in the form of gratuity, PF, Leave Encashment and AGIS is huge....
Well he did 16 years of service, after which he got pension, it was smart on his part to do that. The wife isn't getting pension, she did 6-7 years.
So you could've continued in service. Staying in the uniform or leaving it is a personal choice which will come alongwith implications. As for pensions, any corporate job would fetch a moderately successful professional at least two to three times what an Army officer would get hence the corpus that he would be able to generate in 10 years of switching jobs would be equal to a regular Army officer's entire retirement emoluments after more than 30 years in service. Hence, don't grudge pensions, besides, it is a voluntary force, if you think you need a pension then be willing to make the sacrifices and exposing yourself to risks and separations to earn it rather than choosing to be in a secure corporate environment in a Tier 1 or 2 city...
Thank you for your Service Sir & Madam
Wholesome interview.Mix of all the facets of life.
Kudos.
Personally, I feel, retiring early and living amidst nature guarantees a higher standard of living as compared to those toiling away in the polluted, noisy cities.
True. but why will you choose to join the army if you want to live in tranquility and peace amidst nature? I really feel bad about this video when army officers are talking about money.
@@ravi-it3vj Try to understand that they are human beings too, they have families too, they have passion too. They are not writing away their whole life for the country, this guy will probably still go to front line if there is a war, just that he gave his youth part of life for the country, this is just another part of their life. Hey, he did not scam anyone, he invested and earned it. BTW there is no written rule that army officers shouldn't talk about money.
@@ravi-it3vjHe spoke right on everything. Each Indian should aim to serve in armed forces.
Kudos to the effort @WintWealth team. but I think you guys are not asking right questions. its just showing off of wealth.
What i would be interested to know.
1. How he found out the property in Coorg ?
2. What was the idea to buy in Coorg?, why not other places, its just only looking for golf courses ??
Since they said so much about Golf, whats the Golf course membership expense.
3. what kind of expense one has to think to have this hobby.
4. How they got contacts for the property ?, are they native ?
5. How they negotiated being a outsider?
5.1. how they validated the documents, what are the struggles of that ?, did they hire someone ?
6. How much they spent on the construction, how they planned for it ??
7. Same for Bangalore flat, How they got to know about property ? why white-field?, were they staying there ?. why choose that specific property.
Its more about the mindset people want to know than just showing we have this and that.
Noted. Thanks for the feedback Mayank.
Answering few of them:
- The golf course and living around nature was his priority. So he chose Coorg.
- They are not native of Coorg, but they said the community was very accepting and back then they did not face any issues in buying the property or settling there.
Yeah. We need to know How, not what
Just see the speaking style of the Veteran Officer. straightforward
.Not making up to a million before retirement is unfulfilled retirement.!! I’m 54 and my wife 50 we are both retired with over $7 million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on FED for our misfortunes. Saving and investing lifestyle in the stock and forex market made it possible for us this early, even till now we earn weekly
Investment should on every wise individuals bucket list. You will be ecstatic of the decision you made today.
I really need a nice investment to venture into I'm thinking of Crypto assets, stock or Real estate
all you mention are all good but I’ll advise you venture into fx first because it will help you grow your portfolio very fast and it require not so much to start
Will it require up $200k for startup ?
Going into trading doesn't mean you buy that much. You can start with little, invest it and watch it grow to generate profits that's how I have grown my net worth.
very honest and practical people. they have given very authentic information. thanks!
Officers in defence has everything good salary, good food pension and care takers and if both of them are retired then they can live freely without any worries of future they are rich in many sense
agree with you they should think of normal rank soldiers , they dont care about agniveers
agniveer gettiing 20k salary other hand newly joined officer get 1.5 lakh + salary . the difference is too much
New offr gets 1.5L. kya maal fukta hai bhai.
@@mehtaarian1 thoda research karle , lieutenant ka 55k base salary hai aur usme allowences milake 1 lakh ho jata hai + special forces ka allowence 50k milta hai
yha mujhe gyaan mat de
@@deshbhakt992 Entire IA is not SF. Compare SF with SF jawan. Aise to Airman ka Fighter Pilot se bhi compare karega. Is logic se Gp C ka Go A se bhi compare kar le. PM ka uske peon se bhi kar le. Tere pados wale photocopy wale ka TCS ke software engineer se kar le. Apna Sundar Picha se compare kar le. There is no end to your stupid comparison just like there is end of your stupidity.
@@mehtaarian1
ye le bhai tere liye breakdown karta hu pura salary lieutenant ka padh le acche se
basic pay - 56100
da - (50%) 28050
tpt - 5400
msp - 15500
hra - 5610
TOTAL - 1,10,660
isme aur bohot duniya bhar ka allowence , perks hai jo add nhi kiya
ex. - faa - 8k-15k
proper field - 15k -25k
high altitude - 36k
special forces - 50k
sab kuch jod k 1.5 lakh aaram se aajata hai aur perks bhi hai , gov home , free hospital , free school and many more
aur chal ab isko agniveer se compare kar
agniveer ka base pay bc 20k hai
zameen aasman ka fark hai
army sirf officers se nhi chalte par tumko kaha samaj aayega tumko to sirf officers dikhte hai baki ground level ka kisiko chinta nhi hai
I know Sir personally a stellar veteran officer and a gentleman to the boot ....Charles here Sir .....Kannur
Thank you for this insightful video. I decided to join the British Army instead (could have joined the Indian Army but it was too tough) and though the salary and benefits are greater, the expenses in the UK is too high.
As the eldest son, after helping my siblings get a firm footing in their lives, I started investing only after 15 years of my service in 2015.
I have now realised the difference between saving and investing. Of the 2 Cr I had invested in real estates between 2015 - 2021 (mostly loans), I have 4x it in 2024. The plan is to invest a small portion of my salary every month until retirement.
Like the Col said, I wish I had started it earlier.
Good one ...great to get the perspective of the defence guys ... gentleman seems to be enjoying this time
Once a gentleman always a gentleman 🫡
Nice couple.Appreciate their love for nature.
Very genuine person
That “Nice shot sir” was Epic 😂Legends will understand
Very beautiful Villa. Lucky Sir.....
A lot col gets more than 1.5 lpm as pension upon retiring at 52.
1 lac
They paid more into pension fund
@@mental9453are you mad, there is no pension fund in defence . Pension is just half of your salary that you get during last time of service
Bro it of both
1 lac which means 50k per person
@@gurjar7628 bro are you an idiot , his wife is not a permanent commission , it's his pension alone
5:40 bucks??? Why so wanna be American that's rupees not bucks 😅 👍🏻
Why not? I work in bank. I loved the video.
If you don’t like it. Don’t watch it . Simple
What a great personality this Col. is... WoW
Money is second metar but first is your face shining proving your healthy and happy lifestyle
Superb Sir 👌🙏👍🇮🇳💐
Excellent video
You guys at wint wealth ...are doing god's work ✨...keep up with the awesome work 🙌🏻
His speaking skills🔥
I don't want to report to anybody, that's the financial independence.
Pension to normal C level post in state is less 10K. Thats the country we live in.
Work better, they surely get better
@@ashokdahiya8154 They don't.
One of the Best Video 👍
Your Videos are always inspiring for us and give lots of financial learning from the people who already achieve their financial goals 😊
Newspapers can be got Online. Surprised that the Officer has'nt thought about it yet.
Army jawan 🪖 crying in corner
Excellent experience
Well done. Enjoying quality life vs standard life or standard of life
Wonderful video❤Hats off to Wint Wealth 🎉
Thank you for your service sir
Last 1 minute 🔥
Brilliant, always a pleasure to listen to soldiers🎉
So many officers in our Armed forces come from Coorg... Including first Army chief of India
Honest and forthcoming interview by the couple - one of the best from wint team. Shows that more than financial goals, it is the planning of how does one wants to live and enjoy the life, and the later should come first.
Now u can read all newspapers across India in epaper format at your home in your phone
Best video and an amazing convo❤
Hii...Ina golfer too...n u offer homestay...can u share ur details pl. I would like to visit n have a round of golf there...pl share details
Great inspirational life ho to aisi
7:40 Building wealth while fighting Marxists
Definition of a chad
What a lovely couple!
Wonderful, can't be better,a dream life for anyone 🎉
Very inspiring and encouraging..
Thanks for the wonderful video
Actually govt officials when retire govt gives them a lump sum amount
In my office, last year P.S to DG (PS is still group B post, level 8) she received Rs. 2 crore (I saw the cheque) and since she joined the service pre 2003 so she will be getting pension according to OPS (probably Rs. 70,000 - 75000 per month, which gets revised as per D.A every 6 months)
This year DG (1988 batch IPS ) retired but I don't know how much he got, he was at level 17 pay so I assume he must have received some big ass amount from the govt of India
Brilliant!!
But I really wonder how people openly declare their wealth. Especially oldies like this. Now everyone watching the video know their details.
10 crore and retirement in 40s for a an army officer ? That's fishy 🤔
10-11 crore is not a big amount taking in factor they both retired from govt jobs after completing full service.My brother in law has prematurely retired from railways after completing 26 years and he is entitles for 1 lac pension per month.
Buck is an informal reference to $1, not to 1INR.
Very inspiring
Very nice interview. Awesome Place. Jai Hind.😊
12:11 3 lakh to 70 lakh in 21 yrs, that's an impressive 16% avg return yearly.
And the next one 6 to 60 lakhs in 6 yrs.
Thats 47% avg yearly returns
Great conversation should have been half an hour
May be it should have been titles wealth creation by a Col. They already get passive income in the form of pension.
Very beautiful place
Love this video!! Great efforts team😇
respect to Colonel.
1.5 lacs pension per month is just waste of our hard earned money which we pay as tax.
Have you ever served in the army as a officer 😂
Laude let me know how much you pay for tax. I will fund it. Gandu don't type bs.
@@Crazy2k99 how much tax do u pay?
Even army officers pay tax
Yes with 20 years of living in jungles and still paying tax for fools like you…and getting 1 lac salary per month was not tough.. people envy after seeing the results and don’t want to live the journey…
For those 20 years you were sitting at home ordering pizzas having honey food.. celebrating festivals and njoying homely life..
Really nice video. Very different perspective than what what you normally come across.
आने वाले दिनों में India में बस दो लोग ही रह पाएंगे, अमीर लोग और सरकारी कर्मचारी क्योकि इनके पास कोई पैसो की कमी नहीं होने वाली
Government employees (including armed forces) at higher offices are always in a privileged position when it comes to making a kill in real estate sectors.
I will say it even general in indian army took loan to buy a flat
So please don't get into things that every lt col is rich
They must have inherited great amount of wealth