ilmscore | The ₹1 Crore Plan No One Told You | How to Become Financially Free in 10 Years | FWS 76

Predictions from this Video

Total: 9
Correct: 1
Incorrect: 0
Pending: 8
Unrated: 0
Prediction
Topic
Status
At least 10 million millionaires will be created in India by 2030.
"by 2030 at least 1 cr karot paties will be made in India."
Wealth Creation in India
Pending
Having 1 crore (10 million) in savings can cover 60-70% of monthly loan payments (EMIs).
"once you have 1 cr of savings, the passive income that it generates can help you pay off at least 60 to 70% of your EMIs."
Financial Independence
Pending
A post-tax income of 1.2 million INR per year is required to become a millionaire in 10 years, assuming 12% post-tax returns.
"you will need to earn at least 12 lakhs peranom after generating 12% post tax returns."
Salary Requirements for Wealth
Pending
Recommended passive investor portfolio: 60% Indian stocks, 10% US stocks, 15% gold, 10% fixed deposits, 5% crypto.
"60% of your money in the Indian stock market, 10% of the money in the US market, 15% in gold, 10% in fixed deposits and 5% in crypto."
Investment Portfolio Allocation
Pending
For a 30,000 INR monthly SIP, the allocation is: 18,000 INR to Indian stocks/mutual funds, 3,000 INR to US stocks/ETFs, 4,500 INR to gold, 3,000 INR to fixed deposits/bonds, and 1,500 INR to crypto.
"if you are investing 30k per month SIP, around 18,000 rupees would go into Indian stocks and Indian mutual funds. 3,000 rupees would go into US stocks and ETFs and some tech companies. 4,500 rupees would go into gold mutual funds or ETFs or sovereign gold bonds in the secondary market. 3,000 rupees would go into a fixed deposit or bonds and 1,500 rupees would go into crypto."
SIP for Wealth Creation
Pending
Following a specific investment blueprint diligently offers a high probability of becoming a millionaire in the next 10 years.
"if you follow this blueprint religiously in a disciplined manner, you have a very high chance of becoming a kotpati in the next 10 years."
Wealth Accumulation Timeline
Pending
Taking on significant debt for weddings and homes makes becoming a millionaire before age 45 highly improbable, unless one earns 4-5 million INR annually.
"If you do this [taking large loans for weddings and homes] your chances of becoming a karoti before you turn 45 is almost next to impossible unless you start earning at least 40 to 50 lakhs peranom."
Becoming a Millionaire Before 45
Pending
Regardless of income level (100k or 1 million INR per month), there will be external pressures to spend on luxury items like a new iPhone 17.
"if you're making one lakh per month or 10 lakh per month, the world will always convince you that you absolutely need that new iPhone 17 to be happy."
Income Growth for Wealth
Correct
Becoming a millionaire in India within 10 years requires a proven system and discipline, not luck, inheritance, or elite education.
"building 1 cr in the next 10 years isn't about luck or inheritance. You do not need to go to IIT or even have rich parents. You just need to have a proven system and follow it diligently with absolute discipline."
Wealth Accumulation in India
Pending