Trimming direct exposure to equity and raising debt investment for regular income is one of the main pillars of a good asset mix.
Due to frequent contesting of Wills (inter-se disputes among legal heirs), which results in protracted litigation, trust has become the need of the hour.
Staying invested in equities for a long period will help generate a large corpus for your retirement.
As we are all gearing up to celebrate our country‘s independence how about achieving our financial independence too.
Financial freedom does not mean retirement only. It means enjoying your life without being worried about money.
Financial freedom may sound like a dream come true. However, it is not the case. Follow these simple tips and you are home.
Though these types of events create headlines, it is more important for people to understand how the EPF is evolving so that their long-term financial plans can keep pace.
When it comes to retirement planning it is essential to identify the monthly cash flow required.
Pradhan Mantri Vaya Vandana Yojana, Post Office Monthly Income Scheme and Mutual Fund Systematic Withdrawal Plan can help one plan finances better
The Pradhan Mantri Vaya Vandana Yojana (PMVVY) pension scheme will be formally launched by Finance Minister Arun Jaitley today.
The two instruments serve different purposes and are typically not an “either-or” choice. EPF gives guaranteed returns while NPS has market-linked schemes.
Most Individuals do not give due importance to succession planning. They may rationalize that they are too young or not wealthy enough to reap the tax benefits of a plan.
The better your budgeting is, the healthier your finances will remain through your life.
If you are a non resident Indian (NRI) or person of Indian origin (PIO), you are not eligible to invest under this scheme.
Five money moves you should avoid to ensure that your golden years remain golden.
While each of these retirement planning options work for you?
Retiring rich is everyone's dream. In fact looking at the lifestyles that we lead today and of course the rate of inflation of goods and services, retiring rich is probably a necessity. The question is how do you achieve your retirement goals. To discuss this, we have Anil Lobo of Mercer.
The features of the two scheme are distinct and in places rather sharply so.
Financial Planners say withdrawing PF to finance life’s goals should be a well-considered move and the last among all financing options
Human lifespan has increased and this means you have more years post-retirement to live. But you can enjoy your post-retirement life in peace only if you are financially sound.
Inability to separate wants from needs can land you in a debt trap
In India, the current belief is that property investment is ideal, only for those with upcoming or established careers. However, is this true? How do banks, lenders and the property sector at large, view R
As per provisions in the Income Tax Act, the amount transferred from recognised PF/superannuation fund to NPS will not be treated as income of the current year and is hence not taxable.
A woman's financial plan must be aimed at creating long-term financial stability. Their emotional needs must be factored into the financial plan.
Providing greater flexibility to NPS subscribers both in the individual and corporate segments, PFRDA has allowed them to alter their investment scheme choice and asset allocation twice in a financial year instead of once at present.