Paisa Vaisa with Anupam Gupta cover image

Paisa Vaisa with Anupam Gupta

How to Achieve Financial Freedom with Ajit Menon of PGIM Mutual funds

Oct 7, 2024
Ajit Menon, CEO of PGIM India Mutual Fund, shares insights on achieving financial freedom through effective retirement planning. They discuss the results of a recent survey showing heightened retirement readiness in India, stressing the importance of diversification in income streams. Menon emphasizes a 'never retire' mentality, advocating for engaging post-retirement activities. The conversation also highlights crucial skills for young entrepreneurs and examines modern investment strategies, urging listeners to embrace adaptability for financial success.
40:52

Episode guests

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Quick takeaways

  • Pursuing diverse freelance gigs not only supplements income but also promotes financial dignity and empowerment for individuals seeking financial freedom.
  • Effective financial planning and emotional detachment from money can enhance decision-making and long-term investment outcomes, especially during retirement.

Deep dives

The Rise of Financial Independence through Gig Work

The podcast discusses the concept of achieving financial independence through various freelance opportunities, referred to as 'gigs'. Ajit Mantrana highlights that there are 50 different gigs individuals can pursue, enabling them to supplement their income and gain financial stability. This trend is becoming increasingly significant as more people seek alternative income streams beyond traditional employment. The growing acceptance of gig work illustrates a shift in mindset towards prioritizing financial dignity and empowerment.

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