ilmscore | How He Retired At 37? | The 1% Club Show | Ep 9

How He Retired At 37? | The 1% Club Show | Ep 9

Published: 2023-10-20
Status: Available | Analyzed

Predictions from this Video

Total: 8
Correct: 0
Incorrect: 0
Pending: 8
Unrated: 0
Prediction
Topic
Status
The speaker has achieved FIRE (Financial Independence, Retire Early) and currently possesses over 50 times their annual expenses in liquid net worth.
"as of today I have substantially more than the fat fire uh threshold it is more than can you define that for the audience what do you mean by I currently have a liquid net worth of more than 50 times my annual expenses"
Financial Independence
Pending
The speaker's current savings allocation is 85% in debt, 10% in F&O (Futures & Options) capital, and 5% in equities.
"85% is in debt 10% is in my fno capital and 5% in equities"
Investment Strategy
Pending
The speaker's investment target is to generate post-tax returns slightly above the current inflation rate of 6%, aiming for 7%.
"my target is uh if I can generate on a post tax basis uh slightly more than the inflation is my target So currently inflation is 6% my target is 7%"
Investment Returns Target
Pending
The speaker invested in 15-year fixed deposits when interest rates were 10%, before the COVID-19 pandemic hit.
"I invested in 15 years fixed deposits when interest rate were 10% this was when after the co hit or even before before"
Fixed Deposit Investment
Pending
The speaker recognizes the need to invest in equities to achieve post-tax returns higher than inflation, which they perceive as being slightly above the reported 6-7%.
"I have a need to invest in equities because without that I cannot achieve slightly higher than inflation on a post tax basis because now inflation is 6 7% actual inflation which I really feel in my expenses is slightly more than"
Investment Strategy Shift
Pending
Individuals who have achieved FIRE (25 times annual expenses) but lack financial management skills will face serious consequences.
"if somebody has already achieved why that I am lazy I want to be home they've achieved the fire 25 times their annual expenses if they don't know how to manage money they will face serious consequences very soon in their life"
Retirement Planning
Pending
By moving to Pune, the speaker achieved half the rent for a house twice the size compared to Bombay.
"I shifted at half the rent twice the size of a house and a bigger house was my extreme priority"
Cost of Living Comparison
Pending
The speaker desires immortality, provided they can maintain their health and achieve their target body weight, implying a conditionality to their desire.
"if I can manage my health so I am fairly active physically as I said I cycle a lot km a day all that but I still have a punch I am not the kind of body weight which I want to be but uh if you give me immortality plus a sixpack"
Desire for Immortality
Pending