Early RETIREMENT at 38! | Money Matters Ep. 32 | Ankur Warikoo Hindi

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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.

In this episode of Money Matters, I dive deep into Archu's inspiring journey towards early retirement. As a 28-year-old working mom, Archu aims to retire by 38 to spend more time with her son. I break down her current financial situation, including her ₹75,000 monthly income, existing investments, and SIPs totaling ₹35,000 per month. We then craft a comprehensive 10-year plan to help her achieve financial independence.

I guide Archu through strategies to grow her retirement corpus to approximately ₹1.5 crore by age 38. We discuss the importance of increasing her SIPs annually, diversifying investments, securing adequate life insurance, and maintaining an emergency fund. By following this plan, Archu can potentially sustain her desired lifestyle until age 85. This episode is a must-listen for anyone dreaming of early retirement while balancing family responsibilities.

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00:00 Introduction
00:33 About Archu
03:33 Archu's expectations from Money Matters
06:50 Current financials
13:15 Advice on insurance
15:00 Planning using the Retirement Planner
21:57 Solutions to optimise
25:19 Follow up questions from Archu
26:50 Conclusion

#FinancialPlanning #MoneyMatters #warikoo

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My gear for shooting this video:
🎥 Sony a7III camera: https://bit.ly/3M42wAV
🎬 Sony FE 24-70 f2.8 Lens: https://bit.ly/3KCCiF0
🎙 Shure SM7B Microphone: https://bit.ly/3O1NAVA
🔆 Fill Light 60W: https://bit.ly/37aJolP
💡 Key Light 150W: https://bit.ly/3O9nyjs
📽 Benro IT15 Tripod for Sony a7III camera: https://bit.ly/3O4PvJ1

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, in 2022 we contributed 53L and in 2023 we contributed 52L.

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