Money Matters is a series where I have conversations with normal people such as you and I, on your personal finance issues. It is important to note that I am NOT a financial expert, I am NOT SEBI registered, and I am NOT qualified to give financial advice. Everything that I say in these videos is purely through my own experiences. - So these videos do not offer any stock tips, or specific mutual fund recommendations or get-rich-quick schemes. - I am not selling any product or service through these videos. - None of the brands that I mention in these videos have paid me to mention them, unless I explicitly say so (and I will say if the video is sponsored). This also means that my advice may not always be the right advice. So incase I make a mistake, the best way to correct me will be to share your point of view in the comments, so that everyone can benefit from it. I am not perfect, nor claiming to be either and would love to learn and grow. The idea is simply to help people with their finance journey and through their story try to help others who may have a similar story. If you wish to be part of this series, please fill up this form forms.gle/uj9JPUBp8Wo9nZQi7 Buy my new book 'MAKE EPIC MONEY' here: www.makeepicmoney.com/ My Money Apps: bit.ly/3Zg56eR Start your own business: bigrock-in.sjv.io/6eZ1KK My bestselling books: ‘GET EPIC SHIT DONE’: ankurwarikoo.com/getepicshitdone ‘Do Epic Shit’: ankurwarikoo.com/doepicshit My gear for shooting this video: 🎥 Sony a7III camera: bit.ly/3M42wAV 🎬 Sony FE 24-70 f2.8 Lens: bit.ly/3KCCiF0 🎙 Shure SM7B Microphone: bit.ly/3O1NAVA 🔆 Fill Light 60W: bit.ly/37aJolP 💡 Key Light 150W: bit.ly/3O9nyjs 📽 Benro IT15 Tripod for Sony a7III camera: bit.ly/3O4PvJ1 Useful links: 20 books for your 20s: bit.ly/WarikooBooks 20 online courses for your 20s: bit.ly/WarikooOnlineCourses Gadgets that I use: bit.ly/WarikooGadgets The above links are on Amazon. If you buy any of these using the above links, I stand to make affiliate income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L and in 2022 we contributed 53L.

one major expense which people see in their 30s or 40s especially in India is expenses on parents' health. Cancer is rising in India and the treatment and regular care expenses are sky high despite having health insurance. Pls account for this -- a note to all youngsters esp in their 20s. I recently lost my dad to this dreaded disease and apart from emotional turmoil & grief, financial drain was also very high. Stay safe and enjoyy life !!

People who are able to retire early are lucky . I have 15 months till 65 and need to look at calling it quits, my only fear is running out of funds much later, thus keen on investing. What could be the safest possible ways to invest for cashflow, in order to afford lifestyle after retirement?

I have a better financial solution: 1. Get a mediclaim which seems to be missed out (annually 10~16k) 2. Get a mediclaim for your parents as well 3. Buy a pre owned car worth ₹6 lakhs (+ keep maintenance contingent fund 1 lakh) 4. You'll save net 5 lakhs on car and effectively on EMI. Revised EMI would be 14k instead of 26k. 5. Invest surplus funds in MFs or Swing trading stocks Watched video till 22nd minutes and realised this, so sharing. Best wishes 🎉 you're already doing great with disciplined budgeting. Very wise..

No financial commitments for parents. No financial commitments against grandparents. No financial help for sister's marriage. Whatever he earns, is for his own consumption - with that in mind it's easy to plot his excel

Lot of factors missed while planning for retirement. Children higher education, children marriage, buying house, health insurance etc.

You missed very big point After marriage the expenses will change drastically and it depends if he marry a housewife or working women , After Marriage he need to start mediclaim for his family as his corporate insurance wont cover family that much So planning a expenses that precisely is very very difficult and there we as a audience getting nonsense, please please stick to the investment and fixes expenses or big expenses if someone is planning, Step up SIP for 15-18 years Please check what will be the monthly SIP at that time It will be more than 2 lakhs per month

Hi Ankur, Below points are not considered. 1. Rate of inflation 2. After his marriage till his retirement, additional expenses from his family and children education

Ankur I am an avid listener of your podcast on various platform and find ur financial and life advise very relatable and doable. Also since I am 50+ I can endorse your financial advice that u generally speak about. Overall I love ur style of explaining with clarity ...

Dear Mr. Ankur Warikoo, I hope this message finds you well. I wanted to extend my heartfelt gratitude to you for your insightful "Money Matters" episodes on your KZfaq channel. As someone who recently immersed myself in these sessions, I found them incredibly beneficial for structuring both my retirement and post-retirement planning. Having diligently pursued SIPs since the inception of my career, I thought I had a solid grasp on financial planning. However, your sessions provided a deeper understanding and clarity that I hadn't encountered before. The way you break down complex financial concepts into understandable, actionable steps is truly commendable. It has empowered me to make more informed decisions and better prepare for the future. Your dedication to educating and guiding individuals on financial literacy is inspiring. The impact of your efforts extends far beyond the digital realm, touching lives and shaping financial futures. Once again, thank you for sharing your knowledge generously through your platform. I eagerly anticipate more of your enriching content and look forward to continuing my financial learning journey with your guidance. Warm regards, Narendra Patel Software Engineer 👨‍💻

15-20 lakhs for marriage is a total waste...register marriage in court and do marriage in temple. And second thing is you won't get a girl without your own house.

आपके वीडियो को देखकर मैंने sip 6K से 10K कर दिया अब jan 25 से 25K करूँगा और हर साल 3K बढ़ाऊँगा 2039 में 60 age तक target 5 करोड़ का है. ज्यादा गिरावट में lumpsump भी करूँगा.

Me watching whole video without a job😅

So many assumptions? 1. All expenses will rise after marriage 2. Return on investment is not going to be stable 17%

💡Everyone is dreaming of retiring at 40 but as someone who is very close to that mark & earning well as a couple(3L+/month) , let me tell you its not realistic for salaried class to retire even at 50, unless ur born rich or supersmart..by 40 your actual responsibilities just starts.. you kids education(costs a bomb), parents needs, home loan emis, ever increasing day-to-day expenses are just a few to mention..Forget about this 40 year mark & prepare for long hustle..Life is not excel sheet & certainly not that predictable

Life is not so easy . There are so many cost which gets added - taking care of spouse and kids, health bills etc Also rent would increase in Bangalore if he relocates . Also layoffs, it can take hit on daily income.

EPF investment has not been steeped up every year while calculating total corpus. EPF deduction is linked to salary, so it'll step up every year

thats why initial money is very important.. 15-16lpa is really good start...

Nahi hoga retirement by 40. Not even by 45. Ghar k bare me nhi socha. Value of 8 crore in 20 years is 2 cr which he needs to use for another 50 years.

He has everything - money,friend,travel,investment except the happiness that reflect the mental joy 🙃🙃

A person earning 1.36L in hand salary at the age of 25 without any liabilities is already sorted if he/she invests with discipline for a period of 15-20 years.

The moment he said 1.36L salary in hand Mene video dekhna hi chod diya Aisa depression mangta ich nhi h apne ko life me 50k salary tak ka video banao uske upar walo ko bs car or ache ghar chahiye Not for their basic needs

So you assume that for goal which is 2 years away, equity is best (and also assumes 17% return).. just because past has given 17% return, doesnt mean next 2 years will give same.. There is no planning of event/sequence risk

Ankur after marriage he will have dependent.. his wife and in few years kids, wife if working then he can continue or may be he can step up his savings...still since is a youth...he has no idea after marriage life expenses increases...plz consider it in future expenses.... and im already a big fan of you after just watching your 1st video today...u are doing a eye opener task for the youth... respect you from deep of my heart 🙏

Sab sahi hai ..bas govt job aur bibi baccho ka abhi pressure nahi hai..private job me on-off hota hai + after childrens expenses shoot up exponentially..which you can't control...aur kahi aapne ghar le liya ..fir u r back to 0

This video is a SLAP to those who criticise him that eveey money matters videos recommendation is same…

At the age of his 40 years if he have 3 to 4 cr corpus he can buy a 1bhk in metro cities kudos to financial planing. in Mumbai 1bhk is already 3cr now

Please do it for people who are in range of 7-10 LPA, If he is earning above 15 LPA he is already in top 5% of people.

Ankur please do Podcast with someone with average salary of 50-75. You bring children making 1.50 lac at 25 age. H does not n ed your advice. He can achieve everything with that salary. Would suggest that you get someone with 50-75k salary range

I want to add if he wants to add car emi in expense,he should also think of petrol, insurance, parking expenses.

I'm 25 and i'm feeling inferiority complex watching this. I could never earn this much.

I got financial knowledge after 2 years of working still glad i got some knowledge on time

This is generation gap. When i was 25 in 2005 my salary was 37k and i used to save 30K per month

Hi Ankur sir, If I am not wrong you have taken expenses similar for him before and after marriage which I believe would not be similar unless his future wife supports him with earning like job or something... I might be wrong it's my personal thought....

Congratulations Shukla ji for the increment 🥳

If you are taking people with salary above 1 lac, why was my form not accepted? I thought you are only considering people with salary below 1 Lac. Anyway, I have resubmitted the form. Hoping to hear from you.

Few points more need to be considered. 1. After marriage expense will also increase so the amount invested might affect. 2. after car down payment overall corpus will also reduce to consider for marriage planning.

There has to be sacrifices for such reward of retiring early at 40 when working in IT sector in metro city 😢 sacrifices like Car and marriage here

Make a video of someone who has a government job and his salary is 50 thousand rupees

Sir, why is WAAREERTL is hitting upper circuit everyday? ......what is the game going on in this stock? .....can you please do detailed research and make a video , please for us? 🙏

I have been searching for financial guidance for this salary all over internet and finally got one, thanks

@AnkurW sir :Why you have not advised him the way you used a Car. Than save that money also.. You are an Advisor in this matter

Sir, You have not considered inflation amount should deduct.

First thing he dont have any family commitments either father mother grand parents even they are not depending on him, whatever he earning he saving using multiple investment platforms. There is no learning from this video this is purely my opinion. And all we know non of the indian citizens or most of the citizens have the parents commitments. If you dont have any commitments as said above this is very useful video for you.

Seem like my own brother story…earning 1lack at the age of 23 with no responsibility is really a bless…

@warikoo the compounded amount you calculated in this video using Groww app substantially differs when I use your excel uploaded earlier in one of your videos. Can you please clarify if this amount is correct or your excel is correct? It’s really important for me to decide my financial freedom.

After some months plan change and GOAL is also increasing

Sir inflation naam ki bhi koi cheez hoti ha saying that he will be getting 15% intrest over the minimum of 6% intrest is a bit too much for someone who is going safe and planing for there retirement 😅😅

guys who are saying warikoo missed os much things, please understand we cant calucalte everything, he just wants to give some basic sense. its okay

Hello ankur sir, one point I guess which is missing here. Post marriage their is additional expenses of child education which is not taken into consideration. 😊

Gadi m petrol daalne m v paise kharch honge... 😅 Please also add this in expenses, so extra money he is getting from appraisal also go in this.

90% of people wont achieve financial freedom including the people in comments before 55. Yes! thats no joke, because most people will start but give up too easily and withdraw, shadi mehengi kerni hai bhai aoan nai. I'd say deterministically by there 5th year, by that time most people will mess up there portfolio. Portiflios would be overdiversified with overlap going more than 30%.

There is a hard truth i learned, is that only money can build money unless you are Extraordinary at something 😅

Ankur one question : he is currently bachelor that is why he is able to invest 40k but once he is married and have kids , then there will be a lot of expenses which u did not considered and I don’t think he will be able to invest 40k then that to step up.

After Buying a car this year , Extra expenses for Petrol , Car Insurance and car maintenance , Which is around 6K-12K per Months

After marriage, our expenses are increasing. Also baby plan, their tution fees and then lot of thing happened in 20 yeas. Which might not possible to save 40K every month. So if we are concerned about all these scenarios, saving too much difficult if you are living in Pune, Hyderabad, Gurgaon.

Sunne me sab achha lagta hai but reality mein Shadi hogi toh kharche badhenge, bachhe honge tab kharche badhenge upar se inflation cost + taxes + home loan for future kon deduct karega ? 😅

The EPF amount will not be 14800, as his salary increases that will also increase. So it will be way more than 61lakhs as projected.

Hi, myself yashwanth I am 24 years old , I am earning 35k in Bangalore and I am investing 8.5k in mutual funds and I’m saving another 10k every month for my yearly trip which will be used for my budget friendly trip and the remaining money ill be again investing in lump sum into mutual fund. How do I become financially free sooner? I have been following u for a very long time and have commented on ur videos several times

There are few practical points from my perspective- 1. He is from NIT, a premier institute of India earning more than a lakh at the age of 25. So his wife would also be a working woman earning at least half of his income. If luck strikes, she will be also from premier institute earning more than a lakh. So income will double. 2. He is from UP where dowry exists, so he going to get money in marriage most probably. 3. He can easily switch from one company to another with 20-30% hike and so will his wife. 4. By the time he is 45 , he would mostly probably be a VP/President/CXO of some company with good salary . 5. Instead of car, he should opt for higher education that will further his earning potential exponentially. 6. If is he stupid and wants to make his life difficult then he would marry a housewife.

17% rate of return...12% is a more realistic no.

Super Duper Sir🔥 Maja Aagaya Ye Series Dekhke😄. Thank You So Much for Conduct This Series Sir.

This episode was like seeing a topper giving answer and getting jealous 😅

car ki running cost? jaruri nahi YoY utna hi same return aaye jo pehle 3 saal men aaya.

Upper class walo ke liye video hai, middle n lower middle earn between 25-50k

My question is kya yearly 20% return possible hai ? Even indices move 12% max

Absolutely amazing

I have a question . As per your calculation whole salary going to different purposes ,so how can you afford the expenses of the car like fuel,driver,and other.

People often forget that after marriage, consumption/expenses increases by 10 folds. And if you have a child then just double your expenses by double. My simple experience is that just don’t even count next 5 years once you get married for any investments.

Loved video ❤

agar HR dekh lega to kya hoga bhai confidential cheeje hai ye

International travels got missed in this calculation. The expenses from her spouse is not considered. She may or may not be earning The expenses would spike on having the kids I guess. Just thinking of these pointers

Retirement mtlb income ko 0 krna ni hota retirement mtlb hota h office me roz jana band krke kuch apne mann ka krna (paisa kamana kbhi bhi band ni kr skte koi investment ya excel itna cushion ni de dega ki 0 income ke saath life jee le koi )

Best personality with knowledgeable with focused mindset keep it up sir

I did one math - the assumption which is done that your current salary of 1.3L and investment 40k will increase every year by 10%. Do you want to know at the end of 17th year your salary should be 6.5 L and your investments would be 2L. Which according to me seem to be impractical. Atleast it is not an average case scenario .

Few points came to my mind 1. Once he buys apartment + car his savings will be all gone ..so current savings at 25 age does not have much meaning 2. Marriage and family expenses will sky rocket 3. No further plans of further studies of MBA / PG so just a matter of 5 -7 yrs his salary will stagnate

25 ke age mein 1.36 lakh per month kama Raha hai Banda, ye sunke hi main depressed ho gaya 🤣

Hello sir can you suggest some course to do after 12 with any steam and about self earning

Bhai is software engineer and very inmatured demands..bhai ko 40 main retire hona hai aur shadi main 15 lac karcha karna hai 🤦‍♂️🤦‍♂️🤦‍♂️

Personally, I use Eledator and get +60% per month, I don’t know why you don’t do this

7 cr at the age of 45 is of no use, inflation matters. At 2040, 7 cr = 1cr at that time.

Curious, what the market standard increment folks are getting? I believe that, faang companies have less than 8% !

why there is fiasco of early retirement when you started working in your 20's and all want to retired at 40 and get adviced by a man or person who never do that.... have you ever see bezos or musk say i want to retire in my 40's. 🤔🤔

I got confused.. He says he invests 20k per month in mutual funds since 2021 so basically in 3 years he has invested 7.2 lakhs approx but still he says he has corpus of 2 lakhs in mutual fund

India me sirf 1.6℅ logo ki salary 50k se upar h. Baaki 1 lakh se upar salary wale to sab kar hi lege.

At first of bro.. Congrats as u have no any burden... 👍😅.. Secondly in the age of 25 u r Salary is 1.35 laks/Month!..... 🙏 Vai app q Ankur ke pass aaye ho?.. App aaram se Nind pe chale jao..🙏😂🙏..

Sir pr isme koi bhi inflation and lifestyle inflation add nhi h. After marriage his expenses will also be increased. I guess woh sari chizo ka bhi dhyan rakhte hue planning karni chahiye.

कृपया एक संपूर्ण निवेश योजना सुझाएं। या ऐप जो सभी आउटपुट की गणना करने में मदद कर सकता है, जबकि हम सभी डेटा डालते हैं।

What about inflation... Car fuel, maintainance monthly expense... post marriage expenses... long term taxes.... I am thinking if he plans to buy house at the age of 40, the house prices will be more than or equal to his corpus investment -- then what about society maintainance, home expense, travel wishes etc? The episode was quite interesting but Ankur missed lot of points here

That was so amazing ❤

Can i get this excel sheet?

People who are new to investments think that this is a masterpiece. No disrespect to Ankur, but this video is a joke: 1. He plans to retire in 15 years. As he likes to live a lavish life after retirement, he might need some 25crores which might be equivalent to some 7 crores today inflation adjusted. 2. You might have 2 kids. Education expenses are already sky high .. how can you not account for that 3. The calculations that you are doing has so many minute day to day details. No one will be able to follow this due to uncertainty of life / lifestyle. You can never plan your day to day life for that long 4. Markets might go upside down. We may have a lost decade. All this is fun to hear, but best is to just keep investing and worry about retirement when you are close to retirement (whatever might be the retirement age)

@warikoo how can a 40yr old stay at home gain financial freedom ? Pls consider stay at home moms who would lwant to have financial liberty .

16000 ke salary pe video banaiye.

Btw generally most money is spent by the girls family in the marriage. Being a girl I can attest this😂 he can spend 7.5lakhs.. rest the girls family can contribute.

@Warikoo why you selected his application . he really does not need any plan. He just wasting money... Take those application who realy understand the value of money... Fully disappoitment..Sorry for disliking

Does anyone here thought of giving some amount to charity like education of poor child, helping really needy patient, helping family members in their financial need ? Everyone are running behind money !! If you are on death bed, People whom you helped will surely remember your good deeds rather than how much property you own !! I absolutely feel some % of your salary must be kept aside for these kind of charity work which actually gives you immense satisfaction & also it will create huge happiness & down to earth nature in yourself. If anyone doing give a thumps up🙂

Sir Same Video 50K Salary Ke Liye Bnao Please

Love you Ankur sir ❤

Maintenance on Car, Expenditure on kids and their education Missed out.