House, Kids' Education And Retirement - How to PLAN?! | Money Matters Ep. 45 | Ankur Warikoo Hindi

"And if you do that, put half Rs. 10,000 in a Nifty mutual fund and Rs. 10,000 in a mid-cap mutual fund. Invest it in small cap mutual funds and if you keep doing this regularly plus if you invest the annual income you get from agricultural land every year then after 20 years you will have roughly around Rs 2 to 1.25 crores."

"So, keep working because you like it, you get good at it. You can build your own house, raise your children, do all the things you want to do, but you know that that land will always keep you safe. So, at whatever point the children's college comes, for me, these will be the two big events: children's college, which will come in 10-8 years for the elder son, in 15 years for the younger son, and then your retirement, which will come in about 20 or 25 years. These three events will happen, so you can sell that land little by little at these three events. According to me, there is no need to sell it now because its price is two crores, tomorrow its price will be four crores."

"So, my opinion is that if you try and fight for it, it will be a better option for you. Now you are saying that you have already done this, but if I try again, if you can, if you can get a loan against agriculture of Rs. 15 lakh, then you will be able to repay all these three things. And you will also have around Rs. 1 or 2 lakh free, so instead of Rs. 15, you can probably take a loan of Rs. 13 or Rs. 7 lakh. With that, your EMI will come to Rs. 19,300. And if you do this, then after March, your monthly statement will be Income around Rs. 40,000 and your expenses will be Rs. 23, so let's take Rs. 32 to 33, so around Your monthly expenses will be 3000 and this 3000 will be your monthly expenses and 400 will be your monthly income, so the remaining 7000 you can start investing, so invest 7 per month starting from like April 2025 and then every March you can make a lump sum investment of the 1.5 lakh rupees that you will get, I will make a complete summary for you again, first of all, by March if N Sarika ji is your goal, then by March you have to save 4 to 5000 rupees a month by saving somewhere well so that you can save around 10 to 15000 by March, then the 1.5 lakh rupees that you will get as rental income in March will give you around 1600 or 17000, this will be almost equal to your two loans, one is SBI credit card loan and the second is your personal loan which you had just taken for your sister's wedding, so you will repay both of these and with this you will have around 6000 rupees free, then secondly you We will try and you will have to try this. I don't have a complete idea whether it will be possible or not but try to get a loan of Rs. 1 lakh against your agricultural land. You don't need more than that if you can get it for 10 years. There will be interest on Rs. 12 lakh which is very high but even if there is, the EMI will be around Rs. 19300. If you get it at Rs. 12 lakh then you will get it. There is no problem. If this happens then it will cost only Rs. 1000. With that you will repay your other two loans and you will spend Rs. 1 lakh to build your house and all your expenses will also be covered and your EMI will be less than your current EMI. So then your monthly calculation after March will be: Income around Rs. 40,000, Expenses around Rs. 33,000. So you can start investing the remaining Rs. 7000."