Category: Retirement Planning

What Is Gratuity? Gratuity is given to you by your employer for the services rendered by you. It is paid by both public and private sector employers. It is included in your salary as Cost to the Company (CTC). It is 4.81% of the basic salary. This is for being associated with the company for … Continue reading GRATUITY: How To Calculate, Formula, Eligibility & Tax Exemption for 2020 with Downloadable Calculator

ICICI Pru Easy Retirement is a Unit Linked pension plan or ULPP. ULPPs are similar to ULIPs but they do not have a life cover. ULPP offers you a pension at the completion of your ULPP term. This scheme offers you some attention-grabbing features such as pension boosters, flexibility in income phase, etc. How much … Continue reading ICICI Pru Easy Retirement Plan – Review 2020

Do you know, according to the survey conducted by HSBC, as high as 77% of Indians believe that their children will take care of them after their retirement? Do you think it is the smart way to plan your retirement days? Previously, the Indian government used to take care of the pensions of all their … Continue reading BEWARE: The Trap of neglected Retirement Planning Ahead!!

If you are forced to retire today, how long can you go on with the same lifestyle without taking any credit? Can you go for 10 years? 5 years? Or is it less than 5 years? Everyone retires; we only differ on when we do it. You might have chosen a retirement age for yourself. … Continue reading 5 Alarming Events That Can Force You To Retire Overnight

“Retirement is when you Stop living at Work and Start working at Living”. If you are already retired or close to retirement, you need to find a way of generating revenue without the need to work. The only way to earn without work is to invest your money in something that works. There are several … Continue reading How to Invest the Retirement Corpus? | 3 Step Investment Strategy for an Indian Retiree

Did you know the authenticity of your retirement corpus could be questionable? Whether you have a sound retirement plan or not, it is certain that you have a retirement corpus figure in your mind. This retirement corpus is the amount of money you wish to have at the time of your retirement. But, is it … Continue reading Is Your Retirement Corpus Sufficient? Use This Reverse Engineering Technique to Find out-A Bonus Guide to Calculate the Right Corpus

Who wouldn’t want to retire early? This could not be the first time you are reading about Early Retirement in India. Even if it is, I am sure it is not going to be the last time. Is this a new case of fad coming from the west? Or is Early Retirement in India really … Continue reading Secrets Revealed! How to Plan for your Early Retirement in India? An Ultimate Guide with Excel Calculator

1 out of 4 retirees may live past 90 years!!! That means, we need to plan for a retirement corpus that can take care of us for 30+ years after our retirement. Though Retirement Planning is crucial, sadly, except a few people, most of us do not plan well for their retirement. And, people without … Continue reading Questions To Ask A Certified Financial Planner Before Retirement.

Managing to live comfortably without regular paycheques coming in… can be a daunting proposition if not planned well in advance. Financial security is the essence of a happy retired life. Planning for a content retired life in itself requires careful planning. To ensure a stress-free retired life, it is better to entrust this onerous task … Continue reading How to Choose the Best Financial Planner for Retirement

According to Sander Levin “Retirement security is often compared to a three-legged stool supported by Social Security, employer-provided pension funds, and private savings.” This may be true in some countries and/or some individuals, but in others, where the social security system is not as robust, or the pension fund and personal savings are not adequate, … Continue reading What Not to do While Planning for Retirement