00:003 crore, 30 crore or 30 lakhs, how much money I need for retirement?
00:04Friends, this series is very close to my heart,
00:06because almost 20 years ago, when I started working,
00:09I always asked myself to retire.
00:12I'm sure my father will be 60-65,
00:15or I'm sure your father will be 70-80,
00:18I won't do that.
00:19Or if I work with peace of mind,
00:22that's a number, a goal, a corpus,
00:25if I know that when I'm 20, 25, 30 years old,
00:31I will stop slogging.
00:35At least, I will burn myself,
00:37I will stop slogging.
00:38At least, I will burn myself,
00:39I will stop slogging.
00:39So, most people don't know this goal.
00:43Because that goal,
00:44how to get that goal,
00:45reverse calculation of that goal,
00:47nobody has taught you.
00:48I will show you in 3-4 minutes,
00:49I will show you,
00:50I will show you,
00:52and you will enjoy it.
00:54So, whether it's 30 lakhs,
00:55or 3 crore,
00:55or 30 crore,
00:56it all depends on one question,
00:58which I will answer to you today,
01:00which is lifestyle.
01:01What kind of lifestyle do you want
01:03in your retirement?
01:0530 lakhs,
01:063 crore,
01:0610 crore,
01:0730 crore,
01:07I will simplify these categories.
01:09And lifestyle,
01:10in my opinion,
01:12there are 5 components.
01:13First,
01:14the first thing,
01:15the second thing that you want,
01:16every amount of money or money,
01:18how much money you need,
01:18how much money,
01:19this amount,
01:19or daily consumption,
01:21which may be worth 50% plus.
01:24It is a way that you have to spend,
01:24which may now be 50,000.
01:26For a year,
01:39you will spend $75,000.
01:42and then you can rent it.
01:44The fourth, you want to raise money in the society,
01:47which is the first point of the sub-point.
01:49And the fifth, for health, your dependency,
01:52your well-being, for yourself,
01:54your medical expenses,
01:57and how much money you want to keep in mind,
02:01this calculation is done.
02:03Nothing in this video is financial advice.
02:04This video is only for education purposes.
02:07Now, this question comes to my mind,
02:08because I have many clients in our CMRS,
02:12many of our gold members,
02:13whose salary is 25,000 rupees,
02:15and 25,000 rupees per month.
02:16But this question comes to me,
02:19how much money I need?
02:21Should I save 25 crore?
02:22Should I save 5 crore?
02:24So, in the next 2-3 minutes,
02:25I will get this question first.
02:27The next part is going to be very much education.
02:30YouTube has some of our channels delete my mind.
02:32If you want to go to my journey,
02:33I don't know how much money I want to go to Bitcoin.
02:35I was lucky to have my company
02:38that I made my company with Bitcoin.
02:40I made a lot of Bitcoin.
02:41I made a lot of money.
02:42And after that, I realized,
02:43that timing is a very big thing.
02:44Whether in today's date,
02:45I have a lot of US stocks,
02:46India stocks.
02:48A lot of that is about timing and planning.
02:51If we don't do the planning,
02:52if we don't know the goalposts,
02:53if we don't know the second time,
02:55if we don't know the second time batting,
02:55and the front team has made a run,
02:57then we can chase anything.
02:58And it's possible that we can make 300,
02:59and make 300 not even hard.
03:00So, this is about 30,03,03,03.
03:02This whole math is necessary for you to understand.
03:04It's a very difficult question,
03:05as I've spent 10 years ago,
03:07for me,
03:07Our biggest channel,
03:09Satoshi's Tagging India has made it out.
03:10In June, 2015,
03:11our Crypto Millionaire,
03:13which is a huge big channel,
03:14had the 10,000 people's lives,
03:16has been deleted.
03:17And here, in May, 2020,
03:19our three channel,
03:20Millionaire,
03:21CML's Alt,
03:22and CML's memes,
03:23I've been created here.
03:23I've made a specialized channel,
03:25which you can learn,
03:26learn, learn,
03:27learn, learn,
03:42Thank you very much.
04:07Thank you very much.
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