Retirement Without Purpose || Acharya Prashant (2024)

Full video : Unlocking Success: Why Financial Literacy is a MUST-HAVE in College! ||Acharya Prashant, NIT-J(2023)

Transcript

00:00The fellow has access to an online tool and that is telling him how much must he save

00:06every month and how much must he deposit from his quarterly bonus.

00:11So that at the age of 50, he has a corpus worth retiring.

00:17But he does not know what to do really till the age of 50 or after the age of 50.

00:22But what he knows quite smartly is that if you put this much here, this is how mutual

00:26funds operate.

00:27This is how international markets operate.

00:29And if I do all this quite smartly, then I'll be able to save this much.

00:33What will you do by saving that much?

00:36What will you do with that?

00:37That is a question that has never been answered.

00:39And that is the most fundamental question.

00:41Without answering that question, all other questions and answers are purely worthless.