ilmscore | From Debt to Financial Freedom: A Mother's Journey | Money Matters Ep. 33 | Ankur Warikoo Hindi

From Debt to Financial Freedom: A Mother's Journey | Money Matters Ep. 33 | Ankur Warikoo Hindi

Published: 2024-10-26
Status: Analyzed

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 2
Pending: 4
Prediction
Topic
Status
The speaker predicts that the current 13-year home loan will be paid off in approximately 6 to 6.5 years through a strategy of paying two extra EMIs annually and increasing the EMI by 10% each year.
"my prediction is that the 13e loan will become approximately a six six and a half year loan"
Home Loan Payoff
Pending
An investment corpus of approximately 63 lakh rupees is projected after 5 years based on a recommended monthly investment of 72,000 rupees with assumed rates of return.
"at the end of five years you will have approximately 63 lakh rupees as an investment Corpus"
Investment Corpus (5 Years)
Incorrect
An investment corpus of 1.88 crore rupees is projected after 10 years with the recommended investment strategy.
"if you were to do this for 10 years... The Corpus size would be 1 cr88 lakh rupees"
Investment Corpus (10 Years)
Pending
An investment corpus of 4.46 crore rupees is projected after 15 years with a flat SIP strategy.
"and in 15 years it is wild... your normal sip would be 4 CR 46 lakhs"
Investment Corpus (15 Years)
Pending
An investment corpus of 7.42 crore rupees is projected after 15 years with a 10% annual step-up SIP strategy.
"but your step up 10% sip will be 7 CR 42 lakhs"
Investment Corpus (15 Years - Step Up SIP)
Pending
The projected investment corpus after 5 years is sufficient to repay the 15 lakh interest-free loan from parents.
"you will have approximately 63 lakh rupees as an investment Corpus that means you can safely pay your parents the 15 lakh that you owe them"
Parental Loan Payoff
Incorrect