In this 25th Episode of the AUM Finance Podcast, I get to Interview the CEO of PGIM India Asset Management Pvt Ltd. Mr. Ajit Menon.
We take a close look at the PGIM’s purpose statement & discuss in depth the subject of Retirement Planning…
● Why do people shy away from discussing the word “Retirement”? What are the taboos associated with this word…
● Retirement is the only financial goal for which one cannot take a loan
● Retirement Planning & Financial Freedom go hand in hand.
● Approaching retirement from a fresh perspective as freedom from the primary profession & not from work per se…
● What is the risk of knowing one skill in your life?
● People tend to de-prioritize retirement planning because the word “Retirement” has a negative connotation attached to it.
● 99% of Indians earn <15 Lacs per annum.
● How important it is to develop multiple skills outside one’s profession that can be monetized later in life.
● The Secret of Remaining Wealthy is to have Multiple sources of Income.
● The Transition of the Indian Economy over the past few decades
● WhyJobs with high empathy cannot be replaced by AI.
● Financial Advisory is a job that needs empathy and hence can never be automated beyond a point…
● All about PGIM Mutual Fund
● PGIM stands for – Prudential Global Investment Managers. It’s the 11th Largest Mutual Fund in the World, managing USD 1.4 Trillion.
● PGIM India AUM = 25,000 Crores
● The Purpose Statement of PGIM – “We make lives better by solving the financial problems of a changing world”
● Equity is the only asset class in the world that captures human progress.
● There are only 7 ways to create wealth…
📺 Tune in to the AUM Finance Podcast for this engaging and insightful episode, combining expert knowledge with practical advice to navigate the dynamic world of finance.