Obviously, early retirement requires a much larger corpus than what it would if you opt to be financially independent
You shouldn’t be basing your savings decision on the notion that your sons and daughters will take care of you in your non-earning decades
As a retiree, use the money to bring you happiness and add meaning to your life, while taking care that it is safely working for you as well.
While buying a house continues to remain the top priority, there is a shift towards aspiring for early retirement
Moneycontrol Personal Finance Editor Kayezad Adajania explains how individuals should start investing early to lead a financially healthy retired life.
Save separately for all money goals such as children’s education, their marriage and buying a house
Stress testing the financial plan can be a smart way to ensure that it delivers on its promises.
Being financial independent (or financially free) means different things to different people. But the idea is not just about having ‘enough money’.
Can Merton’s idea to serve retirement be translated into policy, especially in India? Behind this simple idea lot needs to be done for Merton's proposal to come to fruition.
When it comes to retirement planning it is essential to identify the monthly cash flow required.
Women should take control of their finances. Here‘s what the empowered women should do when it comes to financial planning.
In your 30s & 40s, but still haven't planned financially for your retirement? You can still begin. Here is how.
Limited education about financial savings and a lack of retirement planning pose a challenge in extending and deepening the reach of voluntary pension plans, the Reserve Bank of India (RBI) said on June 28
Watch the interview of Anil Lobo, India Business Leader-Retirement, Mercer with Surabhi Upadhyay on CNBC-TV18, in which he shared his outlook on how to plan your retirement.
Living too long is a risk. It is better to prepare yourself for the golden years by starting early.
Mutual funds offer diversification, low costs and liquidity among other benefits. One can save each month for his retirement in a mutual fund portfolio.
A little bit of work on the tax angle of all your financial transactions â€“ especially investments, can pay rich dividends, which in turn ensures financial freedom for you.
mutual funds provide an efficient medium to investors to practice asset allocation without having to worry about rebalancing the portfolio
Though it may sound a goal too big and too far, retirement planning, if begins early in life can be less cumbersome.
Retirement is a goal which cannot be funded with loans. Earlier you start better off you are, as you can devise a strategy which works in the long run. Also the strategy can be re-balanced if need be.
Retirement planning can be achieved using multiple investment options.
Retirement planning is a critical component of financial planning. One can consider including pension plans of mutual funds, new pension schemes, provident fund and pension plans launched by life insurance companies to save money for retirement.
Here we are sharing some of the facts which youngster should know before getting married or before turning 30. These are the points normally ignored while making investmentsand may result in mistakes.
While schooling costs cannot be planned for, it should be a budgeted as a part of your monthly cash flow management. Expenses towards schooling should not lead you to compromise on saving towards other goals like higher education.
One of the biggest concerns is the right amount of money to save for retirement. This is where a lot of people go wrong. They don‘t really know how much they should keep aside. The market is getting bigger day by day and so are the rates of commodities.