How are you planning to spend your 10am-5pm time which otherwise, you were spending in office/ workplace? Do you have a hobby which can be converted to a business idea and ensure some cash flow/ make you active post retirement? Do you have trusted friends whom you can fall back on always and can spend […]
Retirement planning is much more than creating retirement corpus Read More »
In the last article, we discussed the instruments where senior citizens should not invest? In this article, we will discuss about the investment options for senior citizens in 2019. If you want to read the previous article, you can click on the below mentioned link Senior Citizens – Where They should not invest? Here is
You must have read a lot of articles on what are the best investment options for senior citizens? Which instruments should senior citizens choose for safety of capital and better returns? Despite a lot of good options, senior citizens still invest in products which are not good for their financial health like investing in co-operative
In the last 8 years as a financial planner, I have seen retirement of many clients. Some of them are lucky to receive good amount as PF, Gratuity and an inflation linked pension. They live a decent life in retirement. On the other hand, there are many who don’t have much in PF & gratuity
Retirement Planning and Simple Retirement Calculator in Excel Read More »
When to plan for Retirement? My friend Suresh is not ready to plan for his retirement. At age 40, he still feels that he has 20 more years to his retirement. For him the top priorities are children education and their marriage and want to plan for retirement only after these priorities. Suresh is the
NPS stands for “National Pension System”, which is a pension scheme regulated by Pension Fund Regulatory and Development Authority. National Pension System (NPS) Scheme is a flexible way of saving for your retirement. This allows you to invest in equities and debt instruments during your working life to save money for the retired life. National
Deepak is planning for an early retirement from his corporate job and want to lead a retired life in his native place. Keeping this in mind, he has constructed a house near to his brother’s house. He is aged 38 and is working with a MNC bank in Mumbai as Associate Vice President. He was
In the last 4 articles, we were discussing various options on how to create sufficient money to ensure desired standard of living after retirement. If due to various reasons, you are unable to accumulate enough for retirement, don’t worry, you have reverse mortgage scheme to help you. Let us see how this scheme works. In this scheme,
Reverse Mortgage – How it can help you on retirement? Read More »
