POWER of Financial PLANNING! | Money Matters Ep. 21 | Ankur Warikoo Hindi

"Right now you live in a rented house. I am living there till now but after the next two years I am already making the down payment for our house so it will take about two years sir to shift there okay"

"If we take it for 20 years, your monthly EMI will be Rs 80. If you take it for 25 years, it will be Rs 10,470... My suggestion would be that you start from 20 years because after two years, you will have your savings potential. Keeping that in mind, I am hoping that within two years you will be able to afford this EMI of Rs 80"

"And every year increase your EMI by 10 if you do the same then your 25 year loan will be repaid in 12 years or if your 20 year loan will be repaid within 9 years"

"so if I tell you the total of just your Rs 000 investment step up by Rs 10, then within 10 years you should have approximately Rs 2 lakh. Within 20 years it will be around Rs 1 crore 62 lakh. And 27 years means at the age of 60 one you At retirement you should have approximately 5.37 crores so this is your equity investment then let's see what will happen with NPS... it will give you 5.25 lakhs... SG also and let's assume that it remains 5 lakhs then 5 lakhs today I approximately gave around 10 per cent return and if you keep the same for 27 years then it will be around 4.58 lakh rupees and your EPF which is again coming to 7 and half then if you do the same 3600 then that will give you around 37 per 8 lakh rupees means right now if we count everything like your investments then at The age of your retirement you should have approximately 5 to 6 crore rupees as corpus"

"So if I tell you the total of just your Rs 000 investment step up by Rs 10, then within 10 years you should have approximately Rs 2 lakh. Within 20 years it will be around Rs 1 crore 62 lakh. And 27 years means at the age of 60 one you At retirement you should have approximately 5.37 crores"