How He Achieved Financial Independence in JUST 10 Years

How He Achieved Financial Independence in JUST 10 Years | PowerUp Money

Рет қаралды 105,220

Күн бұрын

🚀 Welcome to "Power Pioneers," a podcast where we celebrate individuals who have achieved financial freedom!
🌟In this episode, we have a special guest Rajkumar, who at just 38, achieved financial freedom through disciplined investing in mutual funds.
📈 He shares his journey, from humble beginnings to financial success, detailing the risks he took, the research he conducted, and his views on financial independence.
😍Rajkumar's story is a testament to the power of perseverance and smart investing, offering valuable lessons for anyone on the path to financial freedom.
Join us for this inspiring conversation and remember to subscribe, like, and share to support Rajkumar's incredible journey!
👀 Watch the full video for more insights and inspiration.
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Timestamps:
0:00 - Highlights
0:23 - Introduction
0:44 - Rajkumar Financial Freedom Journey
2:14 - How Should a Person Earning 1L/month Plan for Financial Freedom?
4:20 - How a Person Can Achieve Financial Freedom Faster?
5:38 - Why People are Not Investing if it's Simple?
6:22 - Rule of EMI
7:18 - How does Rajkumar Plan for his Investments?
10:24 - How Should a Couple Both Earning Plan for His Financial Freedom Journey?
12:09 - Key Things to Know Before Achieving Financial Freedom
14:15 - Insights After Achieving Financial Freedom
15:25 - Rajkumar Current Portfolio
16:47 - Should one Invest in Market High?
19:19 - Final Thoughts
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#financiallyfree #financialindependence #retireearly #fire #powerupmoney #powerpioneers #powerpioneerspodcast #podcast #financialfreedom #mutualfunds #stocks #investing

Пікірлер: 163

@swagatdas9320 2 ай бұрын

Very insightful. Thanks Powerup Money team.

@dom321bar Ай бұрын

1. Growing at the rate of 15% CAGR is neither easy nor guaranteed 2. There would be periods when the markets will not go anywhere. For proof check US Markets between 1965-1982. During these periods the investor needs to stay put. This is not easy as its a rare trait. Just a few points I wanted to share after seeing this nice interview

@m.ravikiran2243 Ай бұрын

Absolutely possible my friend. Please check the return of nifty next 50 mf return from decades

@Avinash-rq8dh Ай бұрын

This is India's decade. So invest in this golden Era

@ravipitale4805 Ай бұрын

That is CAGR brother , one year it may 5 percent and other year it may be 25 percent but CAGR after 2 year would be 15 percent. That only if you stay invested for long term .

@user-ki5ki7jw4i Ай бұрын

Why look at US market. Why not at nifty

@mebinninan 29 күн бұрын

Why u are going to US.. Check indias growth story.. Its achievable...

@Cricketkeda28 Ай бұрын

Lovely channel, please bring all these people who have achieved financial freedom working in corporates

@PowerUp_Money Ай бұрын

Thank you so much!

@VIshnuTejesh Ай бұрын

Right questions - way to go !

@amoldatir8152 Ай бұрын

Dil behlane ke liye gaalib presumptions ( Cagr 15%,10 % yearl y increase etc etc ) ka khayaal achcha hai...

@sunik240 Ай бұрын

@@amoldatir8152 18-20% toh MF de raha hain bhai. Last year, Small cap mf gave 40% returns. If you invest in direct stocks 15% could easily be made.

@Mahesh-ff1lz Ай бұрын

Correct

@ma31429 Ай бұрын

Thank you Navdha for spreading knowledge... your smile is amazing...I love the word "Personnel finance is more personnel finance"😎

@asitswain698 7 күн бұрын

Personal finance is more personal finance

@lsrinivasan4556 Ай бұрын

Was he investing in mutual funds directly or through a broker?

@bineeshvkd 19 күн бұрын

Very insightful. Thanks Madam. all good questions and answers.

@ashishsingh8169 28 күн бұрын

This is the most logical podcast i have seen in terms of financial freedom. Very insightful. The point today market is at bottom if we compare with 15 years form now. Thanks

@PowerUp_Money 28 күн бұрын

Thank you so much, Ashish. Glad you liked it.

@kirtinair1864 27 күн бұрын

Is there a way, other than equity, by which you can invest in startups and small companies, considering you dont have a big sum to contribute.. but like in a SIP model or like how some commercially leased real estate models ? How is that done ie. The process ?

@drbijalsharadjoshi8633 16 күн бұрын

Very well Summarised 😊

@duraisamya3068 Ай бұрын

Very useful information about investment in MFs and well said true, thanks for both of you for giving good

@universalinformation572 Ай бұрын

The way you ask the questions and smile on your face is beautiful. Excellent video. Bring more of these.

@muthukannanmurugachockalin7321 Ай бұрын

Excellent video. keep up the good content. This man is super simple and super sensible.

@sharadbhat3106 Ай бұрын

What clarity..superb..👍👍 keep getting such inspiring people who have done it themselves

@PowerUp_Money Ай бұрын

Thank you!

@adv.pardeeppundir5082 Ай бұрын

Navdha, Best wishes for your journey also 💐 God bless you.

@ashishkatariya5388 Ай бұрын

Inspiring podcast 🙏

@PowerUp_Money Ай бұрын

Glad you liked it😃

@SHAREMARKETMEMES Ай бұрын

Awesome financial speech❤

@PowerUp_Money Ай бұрын

Thanks a lot!

@Youtubeforbrands 2 ай бұрын

Awesome, love the video :)

@PowerUp_Money 2 ай бұрын

Thanks a lot😃

@mdashraf7445 Ай бұрын

Awesome, very insightful without complicating the stuff.

@PowerUp_Money Ай бұрын

Glad to hear it!

@thirumalrao2329 2 ай бұрын

Very nice.

@PowerUp_Money 2 ай бұрын

Thank you!

@arindamdas6661 Ай бұрын

He's explaining all the calculations on how to achieve FIRE by the age of 50 or, in the best case, by 40, starting from age 25. However, what magic did he use to achieve it in just 10 years? Even though the video title mentions it, I couldn't find that answer in the entire video!

@manimohanm1323 29 күн бұрын

Magic is "Invest more"

@Pawantari Ай бұрын

Subscribed!

@sukantasagar9492 Ай бұрын

Great content..... please continue this financial freedom series 👍👍👍

@PowerUp_Money Ай бұрын

Sure. Glad, you liked it!

@2003nirajnaik 29 күн бұрын

One of the finest interviews I can say

@arpomondal3288 Ай бұрын

Nice clear vision

@PowerUp_Money Ай бұрын

Thank you!

@sureshgsyt007 Ай бұрын

Brilliant insights and takeaway from this conversation. Keep adding more such videos Thanks

@PowerUp_Money Ай бұрын

Glad, you find it helpful!

@mercurym9137 Ай бұрын

This type of video given immense confidence that I can achieve financial independence .

@VenkatTalks99 29 күн бұрын

Excellent

@mindsetmomentum1206 Ай бұрын

The best video regarding investment.Thank you so much 😊

@PowerUp_Money Ай бұрын

Glad you liked it

@mustaqm55 Ай бұрын

Super Star this guy is! Honest and genuine advice! 🎉

@PowerUp_Money Ай бұрын

Thank you so much!

@user-tt8xu9ic8i Ай бұрын

Thank u mam for making this video ... Kindly make more videos God bless u keep growing ...

@PowerUp_Money Ай бұрын

Anytime :)

@maasanjana Ай бұрын

Wonderful conversation. Keep doing good.

@PowerUp_Money Ай бұрын

Thank you, Sanjana. Glad, you liked it!

@dibyendusarkar9710 27 күн бұрын

I think seeking financial freedom through investment alone is a bit of a mediocre mindset. While investment should be made necessary in everyones life but one should not obsess about only that to gain financial freedom. I think upskilling yourself should be a priority so that one can increase income manifolds which in turn will help in investing more and compounding more and hence gaining financial freedome earlier.here example has been given where a monthly investment of 30k-40k will help gain financial freedome in 11 or 8 years respectively. But a person earning more who can invest more than 40k can gain financial freedome much earlier.. So increasing ones income through up skilling,learning should be first priority

@PrashanthGiridharan 4 күн бұрын

Experience speaks.

@cryptomambaindia2645 Ай бұрын

Great content 🎉

@PowerUp_Money Ай бұрын

Thank you 🙌

@diptiranjannayak5334 Ай бұрын

Very nice content and informative

@PowerUp_Money Ай бұрын

Thank you so much 😃

@SarangaVlogs 17 күн бұрын

Nice

@pkannan168 Ай бұрын

Very good information 👍

@PowerUp_Money Ай бұрын

Many many thanks

@rahulg3082 10 күн бұрын

Nice interview thanks Raj

@PowerUp_Money 9 күн бұрын

Thank you!

@vigneshm9411 14 күн бұрын

To the point explanation... I say this is a brilliant video on financial knowledge. Thankyou sir.

@PowerUp_Money 14 күн бұрын

Glad you liked it.

@arkachowdhury2001 22 күн бұрын

Your compund interest calculation is wrong

@aj-lan284 6 күн бұрын

She is a sweet girl. Beautiful smile.

@bidyutkumarsaha2900 Ай бұрын

I am in equity market from 2006, this person is 100% right.

@karthikeyan9592 Ай бұрын

Insightful. Great Rajkumar!

@PowerUp_Money Ай бұрын

Glad you liked it!

@DruvakumarHs 20 күн бұрын

Insightful video with lot of information. Thanks @powerUp Money ❤

@PowerUp_Money 20 күн бұрын

Thank you!

@pranaykandpal456 28 күн бұрын

Never seen a financial guru take inflation into consideration. 5 Cr corpus after 15 years will be just 2.1Cr (inflation adjusted).

@srinivasang1062 24 күн бұрын

Of course, but 2 Cr is still good money.

@priydipdeshmukh3815 23 күн бұрын

This 5cr can give you 12 to 15 percent yearly, so this 5 cr amt will get increased even we consider inflation what amt becomes still better.

@2003nirajnaik 27 күн бұрын

One of the finest interview. U can consider CAGR even though corpus is handsome...

@rrkkinvestments7020 26 күн бұрын

Good evening , my name is Rajan - 62 years from chennai , my son received his first pay (takeaway is Rs.80,000+) . How to plan wisely starting from term insurance , medical insurance , car , house etc . Which will be the best avenue to park (long term) and meet financial goals . Retirement say 50 years.

@umashankarkhatik9581 Ай бұрын

Very very good

@PowerUp_Money Ай бұрын

Glad you liked it!

@HeraldTheGoodNews 7 күн бұрын

Inspiring

@PowerUp_Money 5 күн бұрын

Glad you enjoyed it.

@kittu529 5 күн бұрын

One of the best I must say. What an insight he has brought out. Thanks for sharing.

@PowerUp_Money 5 күн бұрын

Glad you enjoyed it

@saranyas3162 Ай бұрын

One question how to calculate retirement corpus number .. I was waiting for that question

@shivajinalawade6128 Ай бұрын

25X times of your annual income

@seansanwhybaptisingmakesch1930 Ай бұрын

@@shivajinalawade6128 Annual Income at which stage of your career?

@juj1988 Ай бұрын

Search retirement calculator in google

@CollinDavis 28 күн бұрын

In between don’t buy a home, don’t plan kids and don’t account for aging parents who would also need your assistance. And also don’t plan your kids education. And let’s not include discretionary spends like car and vacations. Financial influencers continuing to sell their pipe dreams

@PRADIPTOCRJ 19 күн бұрын

Some people are not even putting their child in School. Holly f generation

@saisrujan5076 10 күн бұрын

Buying a home isnt a necessity, ive seen millionaires living on rent. Do the math. If you go by emotions you cant FIRE. Kids are a must and it is possible to have kids and vacations and car too if you increase your income. Dont find excuses find the means

@templogical3095 6 күн бұрын

truth is only way to achieve FI is earning high income and then saving and investing big corpus, rest all is nonsense.

@K_badosh 2 ай бұрын

sound thik nahi hai

@PowerUp_Money 2 ай бұрын

Thank you for the constructive feedback. We'll implement changes in the next video.

@BikerDaDInt650 27 күн бұрын

first of all how can a common IT empoloyee at 25 years earn 1 lakh a month to calculate 30 k investment, when i got job at 25 my salary was 25k per month and in hand i got 22k now i earn more than a lakh @ 33 years old now i have started investing 25k per month. i feel like FIRE is overated for normal employees , it works good for employee with high salary

@user-jg4lc2xu3r 20 күн бұрын

Your salary will increase with you experience and so your saving rate, just keep investing and increase it with every salary hike. After few years yours savings will grow exponentially. Just stick on the path

@rajgopal9708 24 күн бұрын

I think he is talking about his financial comfort and not general financial freedom. Comfort and freedom are two different things according to me.

@programs23 Ай бұрын

Wow!! One lakh per month at 25 years is. Lot

@prakashkrishnamoorthy4767 Ай бұрын

Sir right right right right right Pls stop right

@sangeetharajanm2440 Ай бұрын

Everyone talking financial freedom is merely investing equity real estate bond gold etc but it is wrong way it is just like creating pension ..financial freedom is you should not depend on others you should create your own system to earn money like start your own bussiness not invest in equity bcoz you r financially dependent on equity investments for your living that is not in your control n that is not your skill sell your skill n earn money

@geeta59 Ай бұрын

Well running and sustaining business also not completely in a individuals hand it depends on market cycles and government regulations and don’t forget that the stocks are businesses too.

@adityantamarapu6239 Ай бұрын

You can continue to sell your skill after being financially independent. It might even fuel your creativity as you are no longer chained to just survival.

@user-ki5ki7jw4i Ай бұрын

Try doing business n u will know if its risky or not..

@maniarora2452 Ай бұрын

It is a skill to Invest in that asset, what you know and earn from it, its your skill that pays you as u learn stock market, or May be Property market, its indeed a skill

@mahirocks9888 Ай бұрын

Bhai mere ek business krne se achcha 10 business me 100rs each invest karna Jo longer run me 10% growth de de .. Acchi companies ne Paisa banaya hai agr aapka base big ho to lower percentage se bhi aapka Kam BN jata hai.. Business krne ke liye bahot kuch lg jata hai ye nhi socha aapne

@chandrakantghevade9481 Ай бұрын

What about purchasing power of 5cr after 25 years sir ji.

@RajeshSingh-om9iv Ай бұрын

But 5 cr is still a good number even after 25 years

@balajikamalesh3338 Ай бұрын

Inflation will always be there whether you invest or not, which is better?

@bhavinshah781 12 күн бұрын

good video, 15% is on the higher side though

@ritvik9100 28 күн бұрын

I love how attentive and enthusiastic the interviewer is. Great job ❤

@PowerUp_Money 28 күн бұрын

Glad you liked it!

@balajikamalesh3338 Ай бұрын

Planning to invest 1.7L per month for the next 10 years, hope i can achieve financial freedom by then

@vishalkumbhar5536 Ай бұрын

If you can invest 1.7L per month after deducting your life expenses from income then my dear friend, you have already achieved financial freedom 😂

@prateeksoni1798 16 күн бұрын

Also inflation , currency devaluation. Not considered

@Thecuriousmind123 17 күн бұрын

Which 25 year olds are eary 1 lac 😮

@aniketpatil5202 7 күн бұрын

Had similar query in mind 😂

@anandkrishnana1572 4 күн бұрын

A lot of people actually in a city like Bangalore or hyd.

@basavarajmane9493 16 күн бұрын

He is true on EMI front. If we opt for EMIs then its impossible to achieve financial freedom.

@lisboaprince4513 13 күн бұрын

So 5 crore is financial freedom

@parammani4717 Ай бұрын

Salary itself monthly 40, what can we do

@zomssingh8744 Ай бұрын

Invest 30-40% of your salary

@religionofpeace782 Ай бұрын

First step - double your salary asap 2nd step- Invest 50% of salary in Mutualfunds

@guneetharrar1526 19 күн бұрын

which mutual fund he has ?

@PowerUp_Money 19 күн бұрын

Hi Guneet, As per SEBI guidelines, we tend to avoid mentioning specific mutual fund names.

@guneetharrar1526 19 күн бұрын

@@PowerUp_Money can you mention only the types like small , mid in how much % of total portfolio?

@Freedomwithfinance-cha Ай бұрын

There is a huge disconnect between reality and such interviews. If FIrE was this simple with a bunch of equity SIPs and direct stocks - trust me we would have been even more poorer due to inflation.

@edison.t8265 Ай бұрын

Absolutely

@narasimhamurthy1679 12 күн бұрын

No one talk about agriculture.. But they want good food to eat

@MutualfundsahiHainbutkaunsa 3 күн бұрын

Dear 20 yrs ka job rahega

@gauravaudichya6253 Ай бұрын

After 20 years what will be value of 5 crores? Ye ajke 1.25 cr ke equal hoga yadi 6% inflation ho tho. Phr tho apke hisab se jiske pas aj 1.25 cr hain vo financial free ho chuka hain. Bhai sahab itne main tho aj acha ghr nhi ata. Na koi life ko explore kar skta hain. Na world tour kar skta hain. Ye kaisa financial freedom (fire)hain bhai sahab.

@AnujNeogi-ih2db Ай бұрын

Bhai paise ko invest karke chordo aur sirf apne day to day life ke kharche pe focus karo , jab manlagega ki aur nahi ho raha tab investment khol ke dekhna 5 ka 10cr ho chuka hey

@gurpreetkakkar Ай бұрын

So do you have any better solution or shouldn't people invest then and live paycheck to paycheck? Not all are stupid like you

@gurpreetkakkar Ай бұрын

So do you have any better solution or shouldn't people invest then and live paycheck to paycheck? Not all are stupid like you

@vikasnarang83 Ай бұрын

Better than Zero, atleast some security. And how many have even 5 cr you tell me.

@TechTunedFinance 28 күн бұрын

Most of the videos on fire/ financial freedom are very stupid.. they dont consider mandatory life expenses like marriage , support to aging parents, kids education, home , car , vacations... Also the 5 cr he is talking about after 12 -15 years would hold really less value .. I dont think you will be able to afford a flat in 5 cr after 15 years in any tier 1 city.

@mohamedshahid1576 10 күн бұрын

30 K/month for investment is not everyone's luxury after government's tax loot.

@vi_agarwal Ай бұрын

Very basic information

@lisboaprince4513 13 күн бұрын

So 5 crore is financial freedom. ????

@varryset 5 күн бұрын

not sure why people are saying it's a good interview .. there is no insight on the numbers he built for himself.. what has he retired with ?

@harishsharma705 Ай бұрын

15% growth taken is a long shot and not always true

@m.ravikiran2243 Ай бұрын

No it's absolutely possible. Please check nifty next 50 index mf return.

@sunik240 Ай бұрын

My wife has been investing in mf for the past 10 years and generating 18-22 CAGR.. I have been doing stocks for 4 years and generating about XIRR of 40-50% 15% CAGR is easily doable. Trust the process and start today

@dipankardeka4323 Ай бұрын

Not 15% , I say 18% is easily possible

@MrHarrytrunks Ай бұрын

Pretty much doable

@Shashikant-em4bc Ай бұрын

🎉🎉😂

@user-qs6lq1cn3p 27 күн бұрын

This is a bogus video. How many people are getting 1 lac in a month? And those who are earning that amount then they will grow obviously like that. No need to bring a person to discuss this.

@MutualfundsahiHainbutkaunsa 3 күн бұрын

One lakh per month at 25 years. 😂😂😂😂😂