Pradeep Mittal came to the US with the American dream and has built a good life for himself and his family.

He shares his practical experience in managing money intelligently, making retirement easy and comfortable.

He didn't do anything special, but he took advantage of all the investment options available to everyone through his employer in plain sight. Most of us ignore or cannot understand the basics of 401k and how it can help us become millionaires easily.

He started working at Cisco as an IT consultant and still works there after 24 years of employment. He got his green card in 2013 in the EB2 queue and created passive income streams through both single-family and multi-family investments.

He has reached a stage where his monthly expenses are covered by his passive cash flow in real estate, while his healthcare and Roth 401k are padded by his W2 job.

He cleverly uses HSA and Roth 401k to raise money for his golden years, while creating a passive income stream through real estate investments.

He is a real Baniya from India and shares his life experience candidly with us.

CHAPTERS:
00:00 Pre cap
02:12 Who is Pradeep Mittal?
05:31 How much money for retirement in the US?
08:35 How should #h1b employee invest?
4:00 PM Why I'm not going back to India
9:00 PM Why I Use Roth 401K (Not 401K)
25:00 IRA vs. 401k
29:39 My kids also use Roth 401k
32:08 Will social security be paid in India?
33:54 Investing in real estate
41:40: Single-family versus multi-family?
47:13 Cisco 24 years of employment
54:00 Green card submitted in 2005, obtained in 2013
55:45 Luxury car in USA vs India
58:55 Millions lost in Ponzi scheme
01:04:05 Agarwal Samaj Social Org

References:
1. Peter Thiel Roth Billionaire
https://www.propublica.org/article/lord-of-the-roths-how-tech-mogul-peter-thiel-turned-a-retirement-account-for-the-middle-class-into-a- $5 billion tax-free piggy bank

2. Social Security paid outside the US even if you don't get a green card (but have already contributed for 40 quarters):
https://www.ssa.gov/international/countrylist4.htm

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