The ONLY way to RETIRE on a LOW SALARY! | Ankur Warikoo Hindi
Published: 2024-11-06
Status:
Available
|
Analyzed
Published: 2024-11-06
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The personal loan with a 5000 principal and 2 years remaining is predicted to be repaid within 2 months by allocating an additional 3375 per month plus the existing 5000 EMI.
"In 2 months only. This entire loan will be repaid in two months only."
Pending
The loan with an EMI of 1500 and 12 months remaining is predicted to be repaid in approximately 8 months after additional payments are made from the freed-up cash.
"If we do 5000 for 24, then around 00 is saved. You will pay 3375 every month plus 00 you are already paying. So your total is approximately 875 going towards paying this of 4 towards the pending loan of 9k which means whatever was left for the remaining 6 months, Instead of staying for 6 months, it will be repaid in two months. This entire loan will be repaid in two months only. So we will then reduce to step five. After two months free cash, how much free cash do we have now? 3375 which we were giving on loan plus this 00 which we were giving for the other loan, so our free cash has become 4875. Again the same thing at 25 per SIP, so how much will it be at 25 per SIP into this amount, so you will do SIP of 1218. Again start SIP of Nifty 50, this will be a new SIP, okay, and the remaining amount is minus this approximately 3660. This is towards next shortest loan. Now how much is the next shortest loan? This is the 5000 one, how much would be left in it, let's see, 8 months would have passed because these were 6 months, these two months were for repaying other people, so how much do we have towards wastage and how much is left in this? If 800 is left, then how much will we save every month now?"
Pending
An initial SIP of 1125 in a Nifty 50 index fund is recommended to start after the first 6 months of the savings plan.
"so buy Nifty 50 index fund and start SIP of 1125 on it."
Pending
A new SIP of 1218 in a Nifty 50 index fund is recommended to start after the second shortest loan is repaid.
"so how much will it be at 25 per SIP into this amount, so you will do SIP of 1218."
Pending
Continuing with the described investment strategy for 10 years is projected to result in approximately 2 lakh in investments.
"After 10 years, by doing only this, no one will earn There is no step up, there is no increment. You will have around Rs 2 lakh."
Pending
Continuing with the described investment strategy for 20 years is projected to result in 1 crore 15 lakh in investments.
"After 20 years, you will have Rs 1 crore 15 lakh"
Pending
Continuing with the described investment strategy for 30 years is projected to result in 5 crore 20 lakh in investments.
"and after 30 years, you will have Rs 5 crore 20 lakh."
Pending
After 10 years, the inflation-adjusted value of investments, after tax, is projected to be 11 lakh.
"then after 10 years, after deducting inflation adjusted tax, you will have Rs 11 lakh as of today's date."
Pending
Starting after the initial 6-month period, an SIP of 1125 will be initiated in a Nifty 50 index fund, using 25% of available free cash.
"Allot 25 lakh rupees. Per off free cash to invest means you will start SIP of 25 per off 4500. Whatever SIP you have to do, ideally you should do it in large cap at this point. So Nifty 50 is a good one, so buy Nifty 50 index fund and start SIP of 1125 on it."
Pending
Without increasing investments or income, the total investment value will be Rs 2 lakh after 10 years.
"After 10 years, by doing only this, no one will earn There is no step up, there is no increment. You will have around Rs 2 lakh."
Pending
After 20 years, the inflation-adjusted value of investments, after tax, is projected to be 32 lakh.
"After 20 years, after deducting inflation adjusted tax, you will have Rs 32 lakh as of today's date."
Pending
A new SIP of 1218 will be started in a Nifty 50 index fund once the second shortest loan is repaid, utilizing 25% of the newly available free cash.
"At 25 per SIP, so how much will it be at 25 per SIP into this amount, so you will do SIP of 1218. Again start SIP of Nifty 50, this will be a new SIP, okay,"
Pending
After 30 years, the inflation-adjusted value of investments, after tax, is projected to be 80 lakh.
"and after 30 years, you will have Rs 80 lakh as of today's date."
Pending
Without increasing investments or income, the total investment value will be Rs 1.15 crore after 20 years.
"After 20 years, you will have Rs 1 crore 15 lakh."
Pending
The speaker aims to demonstrate a systematic method for loan repayment to free up cash for lifestyle and investments.
"And in this video, I will try to show how you can systematically clear these loans so that you can generate extra cash and then deploy that cash to live your life well and for your investments."
Pending
After 30 years, the net worth after tax is projected to be 4 crore 55 lakh, with an inflation-adjusted value of approximately 80 lakh.
"After tax, you will be sitting at Rs 4 crore 55 lakh and its status or status will be around Rs 80 lakh."
Pending
The plan is to save a specific amount over the next six months to create an emergency fund equivalent to at least one month's mandatory expenses.
"so you will save it with full dedication for the next six months without reducing it even by one rupee from three and a half, so over the next six months you will be left with 000 and this 2000 plus which is already in your bank, in this case 5000, this will become your emergency fund, so you will essentially have this amount, you will not touch this amount, this amount will be used only for emergency fund and ideally this amount should cover at least one month of your expected expenses which is mandatory"
Pending
Without increasing investments or income, the total investment value will be Rs 5.20 crore after 30 years.
"and after 30 years, you will have Rs 5 crore 20 lakh."
Pending
An additional payment of 3375 per month will be made towards the second shortest loan, in addition to its regular EMI, aiming to repay it within two months.
"The remaining which is 3375, you will pay off the next shortest loan in addition to the EE. So, yours is being done every month. So, which is the second shortest loan, this one of 00, if it is around 1500 then roughly around 18000 is saved. If we do 5000 for 24, then around 00 is saved. You will pay 3375 every month plus 00 you are already paying. So your total is approximately 875 going towards paying this of 4 towards the pending loan of 9k which means whatever was left for the remaining 6 months, Instead of staying for 6 months, it will be repaid in two months. This entire loan will be repaid in two months only."
Pending
The strategy is projected to lead to the repayment of all loans, including a 2-year loan and another loan, within approximately 16 months.
"This entire journey, where you had a loan of about 2 years and a loan of about 00, you paid it off in 6 months plus two months plus 8 months, so within about 16 months, this 24-month loan"
Pending
After accounting for inflation and taxes, the real value of investments after 10 years will be equivalent to Rs 11 lakh in today's terms.
"then after 10 years, after deducting inflation adjusted tax, you will have Rs 11 lakh as of today's date."
Pending
The loan with a 5000 balance will be repaid by allocating 3660 per month, with the repayment expected to take approximately 8 months.
"The remaining amount is minus this approximately 3660. This is towards next shortest loan. Now how much is the next shortest loan? This is the 5000 one, how much would be left in it, let's see, 8 months would have passed because these were 6 months, these two months were for repaying other people, so how much do we have towards wastage and how much is left in this? If 800 is left, then how much will we save every month now? If you give this plus 000 then around 8656 means it will be paid off in around 8 months"
Pending
After accounting for inflation and taxes, the real value of investments after 20 years will be equivalent to Rs 32 lakh in today's terms.
"After 20 years, after deducting inflation adjusted tax, you will have Rs 32 lakh as of today's date."
Pending
By following the proposed investment plan without step-ups or increments, the projected corpus will reach 2 lakh in 10 years, 1.15 crore in 20 years, and 5.2 crore in 30 years.
"After 10 years, you will have around Rs 2 lakh. After 20 years, you will have Rs 1 crore 15 lakh and after 30 years, you will have Rs 5 crore 20 lakh."
Pending
After accounting for inflation and taxes, the real value of investments after 30 years will be equivalent to Rs 80 lakh in today's terms.
"and after 30 years, you will have Rs 80 lakh as of today's date."
Pending
After accounting for long-term capital gains tax and inflation, the projected real value of the investment portfolio will be 11 lakh in 10 years, 32 lakh in 20 years, and 80 lakh in 30 years.
"then after 10 years, after deducting inflation adjusted tax, you will have Rs 11 lakh as of today's date. After 20 years, after deducting inflation adjusted tax, you will have Rs 32 lakh as of today's date and after 30 years, you will have Rs 80 lakh as of today's date."
Pending
After taxes are applied to the total investment value after 30 years, the remaining amount will be Rs 4.55 crore.
"After tax, you will be sitting at Rs 4 crore 55 lakh."
Pending
The strategy aims to repay a 24-month loan in approximately 16 months by systematically addressing multiple loans and investing concurrently.
"You look at this, this entire journey, where you had a loan of about 2 years and a loan of about 00, you paid it off in 6 months plus two months plus 8 months, so within about 16 months, this 24-month loan"
Pending
The process described allows for a 24-month loan to be repaid within approximately 16 months, while also incorporating investing.
"this 24-month loan and in that 16 months, you also started investing"
Pending