ilmscore | BUYING a ₹2.5Cr HOUSE: A Complete PLAN | Money Matters Ep. 28 | Ankur Warikoo Hindi

BUYING a ₹2.5Cr HOUSE: A Complete PLAN | Money Matters Ep. 28 | Ankur Warikoo Hindi

Published: 2024-09-21
Status: Available | Analyzed

Predictions from this Video

Total: 10
Correct: 0
Incorrect: 0
Pending: 10
Unrated: 0
Prediction
Topic
Status
The speaker aims to be able to afford a house in Bangalore within 10 years.
"in a period of 10 years, you know, I am able to afford a house in Bangalore, which is very expensive."
House Purchase
Pending
Buying a house in Bangalore is a mandatory goal within 10 years.
"it is mandatory to buy that house within 10 years and I feel if you start planning right now you could be in a good spot"
House Purchase
Pending
Recommendation for a 5 crore term life insurance plan until age 60, costing approximately ₹42,000 annually for the next 32 years.
"So if you go for a 5 crore annual plan, sorry 5 crore term plan, till the age of 60, you will have to pay approximately 42000 every year, okay and this will be fixed for the next 32 years."
Life Insurance
Pending
The optimal time to buy a house is estimated to be between the ages of 38 and 43, which corresponds to a 10 to 15-year timeframe.
"I think the right spot given where you are right now and how the market is evolving and expected returns a good time to buy will be 38 to 43 years of age which is between 10 to 15 years"
House Purchase
Pending
It's possible to buy a house in 15 to 20 years, by the age of 45.
"If I extend it a little further, I can do it in 15 to 20 years as well. By the time I am 45, then I want a house"
House Purchase
Pending
The Provident Fund amount is projected to reach approximately 9.75 crore in 30 years.
"your PF amount alone at the end of 30 years from now when you will be approximate to 5508 will be 9 crore 75 lakh"
Retirement Corpus
Pending
At the age of 60, the individual will have financial capacity equivalent to 1.5 crore in today's value, solely from their PF.
"your 1.56 CR means on today's date you have Rs. 1.5 crore, on today's date, who can spend or buy 1.5 crore today or whatever his capacity is, you have that It will be at the age of 60"
Future Financial Capacity
Pending
Within 20 years, a surplus for children's education will be available, assuming a family is started in the next 1-3 years.
"Your children's education, which in 20 years, it will be amazing that you will start a family. If you are planning to start a family in the next one, two, three years, then by the time 20 years are over, they too will be 18 years old, so their turn for education will also come. You will automatically have a surplus for that"
Children's Education Fund
Pending
General observation about the desire to become a millionaire quickly, not a personal prediction for the subject.
"every person wants to become a millionaire overnight."
Future Financial Status
Pending
An email received by the speaker about a personal goal to earn 1 crore within four years.
"I want to earn Rs 1 crore within four years. I have a 2-year-old son."
Earning Target
Pending