12 Comments

1. 

   JITENDRA SHARMA on August 21, 2022 at 12:05 am

   Hi Paritosh i am a retired defence officer. Can i connect with you for further advise on retirement planning

2. 

   Abha Gauri on August 21, 2022 at 12:05 am

   Now I have more knowledge about personal finance. I just subscribed to your channel. Big ups to everyone working effortlessly trying to earn a living while building wealth. I’m 44 and my wife 50 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. Saving and investing lifestyle in the financial market made it possible for us this early even till now we earn monthly through passive income.
   Thanks to FIRE movement.

3. 

   Ashish Pataskar on August 21, 2022 at 12:05 am

   Thank you so much!! You are awesome!

4. 

   Haresh Desai on August 21, 2022 at 12:05 am

   Paritoshji Thank you for explaining the concept so well. I must also thank for the spreadsheet which will be a great help to review investment from time to time. Very few presenter would do this.

5. 

   Jose Samuel on August 21, 2022 at 12:05 am

   Excellent information. Please share Bucket Strategy method for retirement.

6. 

   Vivek Kumar Singh on August 21, 2022 at 12:05 am

   Sir please make video on portfolio allocation for making retirement fund for 30 year old

7. 

   Kamal on August 21, 2022 at 12:05 am

   Please bring this type of video more, i am a old subscriber

8. 

   Anil Kumar on August 21, 2022 at 12:05 am

   Hi Paritosh,
   Good that at least you are touching these topics otherwise nobody goes in detail.

   Few points of disagreement :
   1) SWP with 9.60% AWR (Annual Withdrawal Rate) is too high, it errodes the capital and never be compensated in future as SWP is constantly withdrawing money monthly in depression due to market cycle or any calamity (like Covid just now). Rolling Returns calculation are good for if somebody is having goal like retirement corpus collection etc. Intermediare dips won't affect the corpus at we are going to redeem after target of goal not in between or regular redemption. My brother lost big capital money loss from his corpus of 3 Cr in Covid time in HDFC BAF and could not compensate due to money redemption in Covid period. His withdrawal rate was 9% per year. Even persons took dividend option in HDFC Balanced Advantage Fund eroded their capital and then switch to debt funds to save their money. Fund mansger was withdrawing 10% money in 2017, later 9% or so in 2018 onwards for dividend option.
   So, safer SWP AWR is probably 6% and if ok then can be increased to 7%. This can be checked by back testing from the NAV data. Edelwiess Balance Advantage Fund though gives better returns in long term but is most volatile, so SWP redemption monthly will hit capital loss more than HDFC & ICICI BAFs.

   Crux is, Rolling Returns calculation is good for estimating a long term goal to know average CAGR/IRR/XIRR for corpus accumulation phase, but not for SWP where monthly dip in NAV will affect the corpus drastically, as Mutual Funds are not Bank FD which gives constant returns throughout till maturity. Even in foriegn countries like US safe AWR (Annual Withdrawal Rate) is considered as 4% (of course their intetest rates are also low being a developed country), So in india probably 5-6% AWR may be bettter. I also calculate Rolling Returns for estimation of my long term goals in Excel and checked few cases fow SWP and found it failed in 2008 crisis.

   2) Could not understand why you are not suggesting 3-Bucket Strategy (for retiree for SWP MorningStar videos are there, many books are also there, ValueResearc also suggests, Yadnya Academy's Parimal has written a book on it), which is now followed in US and now in india also to resolve these types of unseen situations.

   3) PMVVY has also maximim investment amount limit of 15 Lakh (now) not 10 Lakh. Probably, here due to Corpus limit of 40 Lakh you are suggesting to invest Rs 10 Lakh instead of 15 Lakh.

9. 

   Asim Sarkar on August 21, 2022 at 12:05 am

   Thanks

10. 

    Sashi kisku on August 21, 2022 at 12:05 am

    अगले 20 सालों के लिए ऐसे कौनसे 3 म्यूचल फण्ड है जो अच्छा पैसा बना देगा?????

11. 

    bedant goswami on August 21, 2022 at 12:05 am

    Thanks a lot for working on this plan, no financial planner will do this for us. Really appreciate your efforts. Just curious if you have similar things to get fixed returns for people who take early retirement, say at 50 or so? Because senior citizen schemes will not be valid at that age.

12. 

    Mikhail Rebel on August 21, 2022 at 12:05 am

    que vor.monster encantan tus videos. Bendiciones hermosa Celina que Dios te cuide donde quiera los mortalesd abian apreciado tan hermosa mujer