ये 5 काम करो और 40 के बाद रिटायर हो जाओ ll How to retire after 40

Añadido: 2026-06-02

[00:00:00]And as it is 8:00 and I am present before you and look it is 8:00 tonight and again I am present before you.

[00:00:07]So our topic today is quite interesting that how to retire after 40? It is a big thing that every person wants to retire in life.

[00:00:15]Chid you join from mobile and straighten the camera because you yes such good. So friends, Chid has now joined us who is from Chennai and I would like Chid himself to tell us how to retire after 40. Chid Welcome today Hello Can you hear me? Chid Hello you are reaching your but you are reaching your but voice is breaking.

[00:00:47]Please take off your headphones, sir. Remove the headphones and talk on the phone normally.

[00:00:53]Ok, good.

[00:00:56]You should remove all the headphones and talk normally.

[00:00:58]See the sound is fine now the sound.

[00:01:01]Yes, it's fine now.

[00:01:02]Very nice. I want Chit to introduce himself first today because our topic is how to retire after 40. So please see some of your introduction.

[00:01:11]What do you do? First of all tell me this.

[00:01:16]Yes, I am a Wealth and Business Coach. My name is Chidambaram. I am a Wealth Business Coach.

[00:01:22]I help people become financially independent. So nowadays there are a lot of corporate people. Meaning, nowadays there is no such job security and there is no pension after retirement as there used to be in the old times.

[00:01:35]So, creating a pension security for them is very important in today's times. So I help him with that.

[00:01:44]And some people say they do n't want to work until they're 60. They do not want to work till the normal retirement age of 60-65.

[00:01:52]Want early retirement. Meaning he wants to be his own boss. They want to start their own business rather than continuing in their job. So I also do that business coaching for those people. So I do both finance and business coaching.

[00:02:09]Sir, for how many years have you been doing this?

[00:02:14]I have been doing this since 2022. It has been over four years now, it has been around four years, absolutely so in this, hi Chandan ji, how are you, sir, like our topic today is how to become financially independent and how to retire after 40, so friends who have not subscribed, who are joining, I request you all to subscribe, like, definitely subscribe because today's topic is very important, please subscribe, so sir, how do you coach people financially, what exactly do you do in a wealth coach, please tell me a little, so in a wealth health coach, first of all, mindset is very important because people spend money because they don't regulate their emotions, so this mindset is very important, I also had to learn all these things, like I am also an NLP Master Practitioner, NLP Neurolinguistic Programming, so I do mindset coaching using those techniques and after that, their financial management right from budgeting, expense tracking, how to calculate your future expenses based on the current income We have to calculate based on present expenses, how much will be your expenditure after 10 years, how much can be your expenditure after 20 years because inflation keeps on increasing, so we figure out all that accordingly and then our coaching starts, like the most important thing is that your savings rate should be increased first.

[00:03:49]People increase their income but their savings rate does not increase. Let me give you an example. If you have one person whose salary is one lakh but he saves 400. There is another man whose salary is two lakhs but he saves only 10,000.

[00:04:06]So who among these will get rich quick? The one who saves Rs 400 out of Rs 1 lakh salary will become richer. Of course, this is very important.

[00:04:18]So please tell us a little about how you help people.

[00:04:24]So first of all, budgeting is a very important thing because we know where the money is going for these big expenses, but apart from that, every month 15, 20 or even 25,000 rupees go somewhere, people are not aware of it, so for this, proper expense tracking budgeting has to be done, I teach that, that is the first step, after that, or yes, say no, please continue what all you teach so that people come to know, please tell me.

[00:05:01]Yes, then I see where unnecessary expenses are being incurred. There are many expenses which are not necessary. That's what we do. We ourselves do not know. So after a month or two, when we do budgeting properly and expense tracking properly, we can track where this unnecessary expenditure occurs? So he easily gets 10, 15 or even 20% savings. So this is the first thing I do.

[00:05:33]But tell me one thing Chit ji, today's time is there, friends please subscribe. Are connecting. I request you to like it. In today's time, inflation has increased so much that even if a person is earning Rs. 500 per month, it is still falling short because the school fees of the children are so much and then the household expenses are so much, inflation has become so high, you see, the price of petrol has also increased, the price of gas cylinder is also going up, so from this, how much should a person who is earning Rs. 500 now save in a month, do you think at least, what should be the calculation, see, actually the savings should be 25-30, 25 to 30% minimum.

[00:06:12]If his salary is low and he is not able to save that much, then he should reduce his expenses.

[00:06:20]If that is not possible then you should increase your income. So for that new skills have to be learned. And there are a lot of opportunities nowadays. There are many opportunities to earn extra money apart from your job.

[00:06:30]When I was working, I also started a coaching business along with it in 2019.

[00:06:37]So that became an additional income.

[00:06:40]So we can start a coaching business like this. You can sell online courses. Content writing is done. You can become such a person in the media. There are many such opportunities to earn money these days.

[00:07:00]So, you should adopt such a method by which you can increase your income, either improve your skills, learn new skills in your existing job and find a better job so that your salary increases, so you will have to do all this to increase your income, you said it very rightly but what you mean to say is that in today's time, whoever wants to live peacefully will have to do more than one work, more than one work, or you have to improve your skills in such a way that you get a better job, which is the current era, so learn AI, then you get opportunities in it, better opportunities, so you will have to learn the latest skills, you said very rightly that nowadays, see, I repeatedly emphasize on this that if you have to do something nowadays, then you will have to do more than one work, only then your family will be able to earn food because nowadays it is not possible to survive by depending on one income.

[00:08:03]So Cheat Bhai is also saying the same thing that if you are dependent on one income then it is very difficult to survive in today's time because inflation has become so high these days.

[00:08:13]Inflation has increased so much that you cannot do it.

[00:08:15]So Chit ji, tell me one thing, how do you guide step by step a person who comes to you for the first time? Please tell me a little about this.

[00:08:25]First, there is a free clarity call. So first let me understand his situation. First I have to see whether I can really do something for him or not. There are many people who do not have any possibility and are not even ready to do anything.

[00:08:40]So such people cannot be my right clients. First, there is that clarity call. Then once the clarity call happened, then I was like, let me start this with budgeting. Then I will see what his current financial situation is. Then I see that where does he have to reach?

[00:09:00]Everyone's goal is different. My goal and yours may not be the same. Everyone's goal is different.

[00:09:05]So what is his goal? Can he reach this amount from his current income? Either he will have to create additional income or he will have to reduce his expenses. I see all this.

[00:09:17]Then according to that the next step is that okay now this budgeting is done, do the budgeting, then where do the investments have to be made, you have said the right thing that where are you from Ashish ji, hello, I received your good evening, I also received your good hi sir, if you have any question, please do ask how you can save, this is very important because the children teach only this thing that how you can save and how you can retire your life after 40.

[00:09:47]This is an important thing.

[00:09:49]This is what Chitji teaches you. So, a person is irritated, now suppose there is so much inflation these days that saving has become very difficult these days.

[00:09:57]Now what is a man capable of doing to meet his expenses in today's time? This is enough.

[00:10:01]Meaning what you are saying is saving 25 to 30%, that is, if the salary is ₹00, then he will have to save at least ₹15,000 per month.

[00:10:09]Then you will have to save either ₹1,000 or ₹1,000. Only then will it come for ₹1,000. But how difficult is it, I mean nowadays it is said that it has become difficult to make both ends meet and how will a person save in that, if suppose he earns only that much then how will he save, what you said is right, absolutely right, that is why I was telling you that you have to create an additional income source, like in your platform also you give opportunities, you can create an additional income source without investing anything, similarly there are many opportunities nowadays, we should just explore them, you said it right. We tell you to do business without investing.

[00:10:46]You said it right.

[00:10:49]So there are many such opportunities. You can earn additional money or improve your skills. You should find a better job in your same domain.

[00:10:59]So something will have to be done. Otherwise, as you said, it is difficult to have both the meetings even if someone's year is less because inflation is increasing and it is not going to decrease, it will keep increasing and I think that in the next 20 years, that is, in the last 202 years that we have passed, that is, in the new millennium that we have entered, we are seeing that inflation has increased a lot.

[00:11:24]Meaning it has sky rocketed in 25 years.

[00:11:27]2000 When we came into the new millennium, there was not as much as there is now. Even till 2008, the gas cylinder was priced at Rs 450, which has now gone above Rs 000.

[00:11:36]Yes, yes that is true and at that time, 25-30 years ago, pension was also given after retirement. So your retirement would have been secure. Nowadays that concept of pension does not even exist. That's correct. Nowadays the pension concept has ended. It's over. PPF gives 8% returns, but that is not enough because our inflation is more than that, so 8% return is not going to be of any benefit, so it is very important for you to invest properly in stock market etc. Otherwise you cannot grow your money i.e. your wealth.

[00:12:19]Absolutely, I want to tell you one thing, Ashish ji, how can we connect? When you can join our classes without joining any group, our platform itself is such that you can join without joining any group, how to join and what to do, you can call me and send me a message on WhatsApp, I will tell you, so our platform is absolutely free, that is why I say, look, whatever is being discussed today, Cheet is saying the right thing that in today's time, it is very important for us to have additional income, we should never depend on one income, Cheet is saying the same thing that what do we all do, until and Cheet, I feel one thing that you know there is a saying in Hindi that a person who keeps his feet in two boats always drowns. The person who you know puts his legs in two boat's own terms. But nowadays, I think this saying is wrong because if a man does not keep his feet in two boats, he will drown because if he keeps his feet in one boat, one boat will sink and he will drown along with it.

[00:13:14]Yes, he will definitely drown. That saying was made for the old times. Now we will have to change that. We will have to change that now whoever does not keep his feet in two boats will drown. Whoever sets foot in a boat will surely drown.

[00:13:28]He will definitely drown. Isn't it? Because you have set foot in a boat and as soon as you felt that this is your source of additional income. Where there is a hole in the water, where there is a hole in the boat, you will drown completely.

[00:13:39]Yes. Earlier it used to happen that no one was fired from the job. Have you ever heard that someone was fired from their job 20 years ago?

[00:13:46]He was not that. It is very common nowadays. Every day we get to know in the news that 10,000 people have been fired from this company.

[00:13:53]Amazon laid off 20,000 people.

[00:13:56]All this news is very common these days. And this means yes, you have said the right thing because these layouts have increased a lot. In fact, I am talking about private organizations. Along with this, layouts have also increased a lot in the government.

[00:14:12]Nowadays the government also takes it on contract. She does not take it on permanent basis so that she does not have to pay PF etc. No need to pay gratuity. It outsources. Has given it to the characters.

[00:14:25]Absolutely. How much cost is he saving from that?

[00:14:27]You see, the government does not need to give any PF. Isn't it?

[00:14:33]And how does she survive now? Now Ashish ji is asking me what exactly is your business? What do you do? So how do you help people? Please tell me a little about that too. I am a finance coach.

[00:14:46]I help you in wealth building. I coach him. I guide him. How to invest in the stock market.

[00:14:54]I also tell you which stocks to invest in. Right now, you may mean building your wealth. I help you identify your financial goals and how to create a portfolio based on those goals.

[00:15:11]If you want to make additional income through coaching business. I also do business coaching for him.

[00:15:16]Nowadays many people want to become coaches, trainers, so I also do business coaching for that. If you want to earn additional income from any other source then that does not come under my scope. But this coaching business comes under my scope.

[00:15:31]I teach that. So you exactly train people on how you can save, that is, if your monthly income is also limited, then how you can save even from that limited income, you tell this to people, yes, as you said, it will be difficult to save 30% out of Rs 500, so okay, in the beginning we will see how much minimum can be invested, maybe instead of Rs 15000, invest Rs 5000, and one more important thing is that this investment thing will have to be started very early.

[00:16:08]If someone starts proper investment at the age of 25, then even with very little monthly investment, he can make crores by the age of 40.

[00:16:20]Because this power of compounding happens in it.

[00:16:23]Like you might have heard about the power of compounding. So compounding requires time. It takes 15-20 years of time. This does not mean that if someone is 35 years old or 40 years old, he cannot start now. It's not like that. But he will have to invest more. Maybe if an additional income source has to be created then it will be needed.

[00:16:44]If someone is young, 25 or 26 years old, then he should start investing immediately.

[00:16:51]You have said this very correctly, friends. That is why we say that as you are saying, who are telling how you will retire after 40, if you start investing from the age of 20 or 25, then in 10-15 years your income will become compounding income, due to which you can make a good amount of money by the time you reach the age of 40.

[00:17:10]Like Chit, our topic today is that after 40 years, you will tell me five such points by which a person can retire at the age of 40, so what are those five points? Please tell me, it all depends on financial management.

[00:17:28]As I mentioned in the first point in the beginning, you should increase your savings rate. It is not as if your income is increasing. Your spending should also increase. It should not happen. This is what happens with many people.

[00:17:43]Today he might be earning Rs 80,000. His expense would probably be Rs 60,000.

[00:17:49]Then his income will become Rs 1 lakh and his expenses will increase to Rs 90,000, which means proper saving is not happening. As your income is increasing, your expenses are also increasing, so it does not make any difference. So, a proper gap should be maintained between income and expenditure.

[00:18:06]This is a very important thing. And the second point is multiple income streams.

[00:18:12]That is variant. As you said, one has to keep one's foot in two boats. There is no other option these days. That is an important thing and there are many opportunities too. This did not happen in earlier times.

[00:18:25]Nowadays we can earn money sitting at home. Like now your platform is also one of the examples, that is there for that. And third is start investing early and you should be very consistent in that thing.

[00:18:36]And you should never withdraw money from that investment. Keep that for the long term now.

[00:18:48]If necessary, create an emergency fund. Whatever your monthly expense is, that income that figure in two sixes and twelve means expenses of six or 12 months should be your emergency fund. If you lose your job or there is some emergency in the family, then you should not have to take a loan or break your investment, so it is very important for you to have an emergency fund and insurance, this variant of health insurance, nowadays you know that when we go to the hospital, how much money is spent on small things, so health insurance is very important, do not think that if your company is giving you health insurance then I do not need it, it is not like that, if you lose your job or you retire, then after that if you take new health insurance at the age of 50-60 years, then its premium is very high. If you take insurance at the age of 20 years, its premium is less.

[00:19:48]So that continues. So you should also take this health insurance very soon.

[00:19:54]Apart from that, lifetime insurance to protect your family that is varied. So you should give priority to all these things.

[00:20:05]I am saying all this because what people do these days is that they go for priority in taking EMI i.e. loan.

[00:20:12]Like you want to take a home loan, buy a house, take a car loan, buy a house, a new iPhone has arrived, take a loan for it on EMI. So do n't give priority to all these things. First of all, insurance, emergency fund and monthly proper investment should be given priority. If after all these things, if you can afford the home loan, can afford the EMI, then go for it.

[00:20:38]If you are not able to do that then don't go for that.

[00:20:40]Otherwise you will get trapped.

[00:20:43]Absolutely. I would request everyone to please subscribe to this because the things that are being said are very important. All of you who are connected, please subscribe and like because you can increase your savings by controlling your expenses. You can increase your investment. This is the biggest thing that is being told to you today.

[00:21:01]And I would tell all of you that no matter how much you earn, as Chit said, you must invest or save some money every month and Chit, I feel that friends, please subscribe to it and like it as well, I feel that it is much better than investing in Chit because your money works for you.

[00:21:20]When you invest, your money is working for you. You are working hard.

[00:21:24]Your money is also working hard for you. Isn't it?

[00:21:27]Yes.

[00:21:27]But in this I want to ask you one more thing.

[00:21:29]I want to ask you one thing that people make this mistake that they say friend, if you get some money then deposit it in fixed deposit. Don't invest. Make it an FD.

[00:21:37]So is it right to do FD or is it right to invest?

[00:21:41]You get less than 7% returns in FD and your inflation is above 7%. The inflation which is 7% is the average inflation of the country.

[00:21:50]But if you look at it according to your lifestyle, inflation can be as high as 111%. Someone has a car and keeps trying new foods or goes to a big restaurant twice a week, so what happens? His lifestyle inflation will be more than 7%.

[00:22:07]So if you earn 7% return from FD but inflation is more than that then you are losing money. People say that FD is safe but it is not safe. You cannot see that the value of your money is decreasing.

[00:22:23]You can invest much more safely in the stock market.

[00:22:28]If you do not want to take much risk then invest in a big company which will not sink.

[00:22:36]You have said correctly One can also invest in mutual funds.

[00:22:39]That is also a great tool. Invest in mutual funds or invest in stocks.

[00:22:44]I think this is a very good opportunity. Yes, mutual funds are a good way to start. Good returns of 11-12% are also available in mutual funds. But what is in it? After some expense ratios etc. are deducted, when it comes, the returns that we see are not exactly that. So it is better to invest directly in stocks.

[00:23:04]If someone is not comfortable investing directly in stocks, then they can invest in mutual funds. But in my coaching program I recommend how to invest in direct stocks, I teach those things rather than taking the mutual fund, but mutual fund is also good but direct stocks are better than that.

[00:23:24]How many days' course do you teach in your course and how many months' course does this one last?

[00:23:30]My course is a one-year course because I am not just teaching. I am also creating diversified portfolios for my clients and a diversified portfolio cannot be created in a month or two.

[00:23:43]Otherwise you have money worth Rs 25-30 lakh.

[00:23:47]You are coming and saying that this is Rs 30 lakh to invest. If you help me create a diversified portfolio, it will be done in a month. But that does n't happen normally.

[00:23:57]No one brings that much money for investment. So it has to be done slowly every month. So creating a diversified portfolio also takes time. So I do a one year program and it takes two months or two to three months to do budgeting, tracking expenses, etc. and also to analyze where the maximum expenditure is being incurred.

[00:24:20]In which areas can cost cutting be done? It takes two to three months to analyse all that. So that's why I offer this one-year course. But this does not mean that my classes run every day.

[00:24:32]I mean there are 12 sessions.

[00:24:36]Okay, 12 sessions a month sir, yes 12 sessions a month, no no, there are 12 sessions a year also.

[00:24:46]of the year and apart from that, if any of my clients has any issue and needs more sessions then I am flexible. I also do additional sessions for no extra cost. Because my people should have their own financial transformation, only then will there be any benefit and what charges do you take for this Sir, what charges do you charge for these courses, normally my course is currently 1.1 lakh but right now I am giving some discounts, so right now I am selling it for ₹ 59000, okay, you sell courses for a year for ₹59000, there is a time discount, so a one year course for ₹59,000 normally, whoever joins my program, whoever invests, their returns within a year are more than ₹59,000 normally.

[00:25:41]Very nice. You have said a very good thing that whatever you do, your returns will also be higher. When he is investing so much then obviously there will be some benefit.

[00:25:52]And the returns come every year but I have to pay only once. Correct correct and sir, are your classes online or offline also?

[00:26:02]My sessions are online through Zoom, one to one, because finance is one such thing that people are not that comfortable discussing in a group, hence they are not that transparent. So that's why I do one-on-one sessions.

[00:26:18]Okay, very good. And how long do your sessions last?

[00:26:26]So normally it is 35 to 45 minutes or 40 to 45 minutes. If someone has some serious doubts then sometimes it is extended also.

[00:26:33]And I am flexible with that.

[00:26:36]As I said, 12 sessions are fixed. But if someone needs an additional session, I do it for no additional cost.

[00:26:45]Ok. And how many clients have you coached so far, sir? I have served more than 65-70 clients in the last four years.

[00:26:56]Well, you have changed their lives like this. Very nice.

[00:27:00]Now Sir, I want you to give me some tips before leaving. Our viewers, please give some tips on how to save money, how to invest it and all of you who are connected, please subscribe. Yes, it is very important to subscribe. Only then will you people keep getting a lot of such valuable content. That is why tips like first thing is to track where each and every penny of yours is being spent and never spend more than your income. You will have a credit card, its credit limit will be very high, do not think that you will swipe it now, even if you do not have money, you will swipe it and next month when your salary comes you will do that, do not do that, spend within your income, if your expenses are increasing, you are not able to save, then you will have to think what other way is there to increase your income.

[00:27:58]Either change your job or create an additional income stream, as I said there are a lot of opportunities online these days, do that.

[00:28:07]And investment must be done. This is not going to happen with FDPF.

[00:28:13]Because its returns are very low. You will have to invest in the stock market.

[00:28:17]In the olden days, one could earn good returns by investing in FDs because in those days, one could get good rates even on FDs and inflation was not that high, that was fine then, but nowadays one has to invest in the stock market and when I am talking about stock market, one thing I want to add is that you can also invest in the US stock market while living in India, I also help people in that, there is much better growth in the US stock market than the Indian stock market and just like the value of the US dollar also keeps increasing. Now a few days ago it was ₹90. Now it has become ₹95, right?

[00:28:56]So it is going to be ₹1. It is going to be ₹1. So you get profit in that difference also.

[00:29:00]So you must invest in the US stock market. And you should have the rest of the insurance etc. There should be an emergency fund. And as much as possible, avoid taking loans. Don't get into the trap of loans.

[00:29:17]Loan is the most dangerous thing. You earn less money. You should reduce your lifestyle a bit. That 's still okay. But do not make your lifestyle by taking a loan. That is the most dangerous thing.

[00:29:32]Yes, I lose sleep at night thinking that I have to repay the loan. I lose sleep at night. I lose sleep. Isn't it? Friends, you lose sleep at night thinking that you have to repay the loan.

[00:29:43]Chit has rightly said that this is a very dangerous thing that you will not be able to sleep at night because you have to pay EMI of your loan, from where will you get the money every month, this is a big question. So see how much Chit ji explained to you in half an hour.

[00:29:58]He explained everything about how you have to save money and what you have to do and I would like to request you to continue doing what you are doing. Along with this, start small crash courses or online classes which can provide you with 10% of your education at a cheaper rate and then people may graduate to bigger courses, I would also like to ask you this so that people can get an idea of ​​how to be financially secure because many people do not know how to be financially secure.

[00:30:30]Definitely, I am planning one more thing that I will conduct two such 40-45 minutes sessions in a month in which I will keep teaching some concepts and that I am planning for two free sessions in a month like a 40-45 minutes group session in Zoom, if anyone wants to come in that too then they can come, I will share the link, it is very good, absolutely a very good initiative of yours but I would request you not to make it free, if possible charge some small amount, very minimal, that too because people do not value free things. He thinks that this is free, so he does not respect it.

[00:31:06]Yes, that is also correct. I plan both things.

[00:31:12]You should keep a token money for that paid one also. You must keep token money because what is free that people do not respect. He thinks that no, this is free. What is this?

[00:31:21]Yes, you are right. I have conducted many such free sessions before. 100 people register. Then later only 20 people join because it is free.

[00:31:31]Registration is done for free. If I keep it paid then 50 people will do it and out of 50 people at least 45 people join.

[00:31:38]40 people will come because it is paid.

[00:31:40]What is free that a person does not appreciate?

[00:31:42]Because friends, I am telling all of you to cheat.

[00:31:46]They will work with a good motive to make people financially secure. Calling for free.

[00:31:50]But the way of the world is such that people consider free things useless. I do n't know, there is a strange mentality inside humans that if it is free then it is useless. This is such a bad mentality that if it is free then it is useless.

[00:32:03]You can keep the thing at least 1999 or anything but do not make it free because by giving it free to people you are helping people from your side. But people do not pay attention to free things. This is my personal experience. So I am sharing with you that please do not make it free.

[00:32:21]Ok? Sure sure.

[00:32:24]Ok. You should start such classes so that people can get financial help.

[00:32:28]You must tell them how they can become financially independent but do not free them.

[00:32:34]Ok. Ok.

[00:32:36]Yes, you are right. People do not value the referee.

[00:32:40]Absolutely because you are doing it with a good motive.

[00:32:42]But people's mentality is different. Meaning, people's mentality is very different.

[00:32:47]People think that if it is free then it is useless. They will neither value you nor your work.

[00:32:55]Correct.

[00:32:56]So this is just my opinion. Otherwise you are doing a great job. Making people finance and then we will interview you.

[00:33:02]Then I will bring you. Thank you for your time. Look, I have had a 33-minute interview with you. Isn't it? And this interview will now be on YouTube and the second thing is that friends, we will meet again tomorrow with a new guest, every day we come with a guest at 8:00 pm. So today's live ends here. Join us again tomorrow night at 8:00 PM. We come every day from Monday to Saturday.

[00:33:23]Joining you at 8:00 PM.

[00:33:25]Whether guests come or I am alone, I definitely come. Thank you CG. Hello. See you again.

[00:33:30]Thank you sir. Or bye bye friends, please subscribe and go.

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[00:33:55]This could also happen