Category: Retirement Planning

You can rent a home instead of buying it. It is often economical. Almost all of your financial goals have a financially better alternative. But what about your retirement fund and your children’s education fund? These are the top2 non-negotiable financial goals. They can never be delayed or replaced. You require proactive planning and a … Continue reading How to Choose the Right Investment Products for Your Retirement & Kid’s Education?

National Pension Scheme is undoubtedly the best investment instrument for retirement from the Govt. of India. It invests in Govt. bonds, corporate bonds, and equity schemes by evaluating your risk profile. The exposure to the equity market with the long lock-in period makes the right combination. It is ideal because equity investment is not a … Continue reading NPS Vs. Equity Mutual Fund: Which is Better for Retirement Planning?

Senior citizen investment schemes from the Govt. of India have always been kinder. Senior citizen investment schemes like SCSS offer a slightly better return rate than the others. Being a new retiree or when you are about to retire, safety takes a step forward. And all such senior citizen investment schemes start to look just … Continue reading How Should Retirees Invest in Senior Citizen Investment Schemes?

“Retirement Is For Your Employment, Never Your Investment” You don’t need to be a personal finance pundit to know this simple fact. Regardless, investors make a radical shift in their portfolio to “safe” investments once they retire. Ironically, resorting to debt investments & FDs, avoidance of equity market to avoid risk can be risky. But … Continue reading How Should a Retired Senior Citizen Invest for Regular Income?

“Retire” literally means “Withdraw to a safe place”. Is that how you see your retirement life? An average person is going to spend almost one-third of their entire lifetime in retirement. It is, by definition, has to be a safe and comfortable place. Yet, a majority do not seem to think about their retirement life … Continue reading Your Guide to Pro-Level Retirement Planning in India—Create Your Reliable and Achievable Retirement Plan

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 2021 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 2021

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