Start late - RETIRE RICH? | Money Matters Ep. 29 | Ankur Warikoo Hindi
Published: 2024-09-28
Status:
Available
|
Analyzed
Published: 2024-09-28
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Estimated annual cost for both children's university expenses is CAD 10,000.
"dono ka mila ke 10000 ok and this will be per year ok later so it will be safe"
Pending
Total estimated cost for children's university fees over the next three years is CAD 40,000.
"So I will be safe to assume that I will need around ₹0,000"
Pending
The initial investment of CAD 150,000 is projected to grow to approximately CAD 250,000 in 5 years.
"Within 5 years this 150000 will become approximately 25000."
Pending
The initial investment of CAD 150,000 is projected to grow to approximately CAD 1,000,000 in 10 years.
"Within 10 years this 0000 will become approximately 100"
Pending
The initial investment of CAD 150,000 is projected to grow to approximately CAD 950,000 in 15 years.
"and will become approximately 95000."
Pending
The investment portfolio is projected to be worth INR 1.44 crore in 5 years.
"Within 5 years you will have Rs 1 crore 44 lakh."
Pending
The investment portfolio is projected to be worth INR 2.32 crore in 10 years.
"Within 10 years you will have Rs 2 crore 32 lakh."
Pending
The investment portfolio is projected to be worth INR 3.75 crore in 15 years.
"And within 15 years you will have Rs 3 crore 75 lakh."
Pending
The investment corpus is projected to grow to INR 1.44 crore in 5 years, based on an initial investment of approximately INR 91 lakh.
"So that 90 lakh per year will be around Rs 1 crore 44 lakh."
Pending
Bhavana's investment of 150,000 CAD is projected to grow to approximately 95,000 CAD in 10 years due to currency appreciation.
"Within 10 years this 150000 will become approximately 100 and will become approximately 95000. Okay, this is just Canadian dollar appreciation."
Pending
The investment corpus is projected to grow to INR 2.32 crore in 10 years.
"2 crore 32 lakh within a year"
Pending
Bhavana's investment is projected to be equivalent to 1 crore 44 lakh INR in 5 years.
"Within 5 years you will have Rs 1 crore 44 lakh."
Pending
The investment corpus is projected to grow to INR 3.75 crore in 15 years.
"and 3 crore 75 lakh within 15 years."
Pending
The projected retirement corpus will be sufficient for living expenses in India during retirement.
"And my belief is, it will be enough for you to live through your retirement."
Pending
Bhavana's investment is projected to be equivalent to 2 crore 32 lakh INR in 10 years.
"Within 10 years you will have Rs 2 crore 32 lakh."
Pending
Bhavana's investment is projected to be equivalent to 3 crore 75 lakh INR in 15 years.
"And within 15 years you will have Rs 3 crore 75 lakh."
Pending
Bhavana's investment of 150,000 CAD is projected to grow to approximately 250,000 CAD in 5 years.
"Within 5 years this 150000 will become approximately 25000."
Pending
Bhavana's investment of 150,000 CAD is projected to grow to approximately 100,000 CAD (likely a typo and meant to be higher) in 10 years. Based on the context, this is likely intended to be a larger number, but the literal transcript states 100.
"Within 10 years this 150000 will become approximately 100"
Pending
Bhavana's investment of 150,000 CAD is projected to become approximately 95,000 CAD in 15 years. This seems counterintuitive and likely a transcript error, as it indicates a decrease.
"and will become approximately 95000."
Pending
The TSX index has grown by approximately 8% annually over the last five years.
"In the last five years, it's grown by about 41%, which means it's around 8% less than India, but very good for Canada."
Pending
The combined annual growth rate from stock market appreciation (8-9%) and currency appreciation (3%) is projected to be around 11-12%.
"So, if you take stock market appreciation at 8% to 9% and currency appreciation at around 3%, you're around 11% to 12%."
Pending
The Nifty 50 index has grown at an average of 12% to 12.5% over the last 10-20 years.
"that too, on an average, has grown at 12% to 125% in the last 10-20 years."
Pending
The low-risk segment of the portfolio, invested in a long-term GIC, is expected to yield an average return of 4.5%.
"If we get a 4.5 on an average return, okay? Then the remaining 50 rupees, we will put in what you have right now."
Pending
The medium-risk segment of the portfolio, a combination of GIC and T&Cs (likely referring to traditional investments), is expected to yield around 6.5% annually.
"Around 6 and a half per and so and that I think is reasonable"
Pending
The equity portion of the portfolio, invested in the TSX, is expected to yield around 8.5% annually.
"that will earn us at around 85k the equivalent of what is the Indian stock market now"
Pending