retirement

Money planning differs significantly before and after retirement

Before retirement, it is about accumulating a sufficient corpus; subsequently, it is about generating a regular income stream

Budget 2019 makes National Pension Scheme effectively tax free

Last year the Union Cabinet had announced that 60% of the withdrawal from national pension scheme (NPS) will be tax free in the hands of the investor.

OYO to enter assisted-living spaces for senior citizens

The $5 billion-valued company may look into the area with its New Real Estate Businesses arm which also includes OYO Life, a co-living vertical targeted at millennials and young professionals.

Azim Premji to retire in July; son Rishad Premji takes over

The board re-appointed his son, Rishad A Premji as the Whole-time Director and Executive Chairman, for a period of five years, with effect from July 31, 2019, to July 30, 2024.

Viewpoint | Have you saved enough to retire early?

Carefully estimate your regular, unexpected expenses, and medical costs while also factoring in inflation.

Viewpoint | 4 reasons why women must take charge of their financial planning

It is important not to confuse your current financial independence with financial freedom.

Viewpoint | Does a nominee become a successor by default?

The benefit of nomination is that, in the event of the death of an account holder, the bank can release the account proceeds or contents to the nominee.

Viewpoint | Did you know that PF withdrawals before five years of service are taxed?

As the entire withdrawal amount is taxable, each component of the withdrawn amount - the employer contribution, employee contribution, and respective interest on these contributions - needs to be reported separately.

Simply Save podcast | Systematic withdrawal plan will keep you going in your 60s

Kayezad Adajania talks about the financial planning steps to be taken in the 60s.

Simply Save podcast | In your 50s and don't have finances in order? Here's what you should do

In this episode of Simply Save, Moneycontrol's Personal Finance Editor Kayezad Adajania talks to Jerome Anthony about how people in their 50s should plan for a hassle-free retirement life.

Viewpoint | Meaning and significance of succession certificate

A succession certificate is a document issued by a civil court to the legal heirs of a deceased person certifying a rightful person to be the successor of such deceased person.

The Future of Finance is Female

Is there a perfect retirement spending strategy?

There is tons of research on strategies for determining how much to spend each year from a retirement portfolio but no one-size-fits-all.

Executing a will: The meaning and significance of probate

Probate means certification of the copy of the will under the court’s seal

NSE Invest O Cast episode 12: When and how to start planning your retirement

Planning your retirement will require you to define clearly what it means to you and making an investment plan that has a high probability of you achieving your retirement goals whether that goal is early retirement or conventional retirement.

Not sure what to do post retirement? Here are your options

Each one of us has worked all our lives and might have some specialised knowledge, which will be useful to mankind. We need to seek to pass that on, instead of just killing time.

What to choose for retirement planning — NPS or equity mutual fund?

The recent Supreme Court ruling to add non-variable allowances like special allowance to the basic to calculate EPF contribution is a big positive for employees as they would have more at retirement.

Six steps to accumulate your first Rs 1 crore after you start working

Millennial should invest at least 30-50% monthly income. The rest should be utilised for monthly expenses, pay EMIs or credit card dues, etc

How impractical assumptions can derail your early retirement plans

To ensure you are early retirement ready, you need to ensure that you don’t make wrong assumptions. Because if you do, you run a real risk of running out of money before running out of years.

Five things to do once you have written your will

Here are a few steps you must take to ensure that your will delivers as per you wish

Will in the digital age: Legal requirements and safeguards to be ensured for enforcement

It is necessary under the Indian laws that the will must be executed by the testator in the presence of two witnesses and the said two witnesses must have signed the will as witnesses in the presence of a testator

Here's why liquidity is important when making long-term investments

Some apparently illiquid avenues can be tapped in smart ways.

Mutual fund investing for the conservative: Should you stick to largecap funds only?

Financial planners advocate investing in equity mutual funds to beat inflation and build a corpus that will cater to one’s future needs, even if one is a conservative investor.

Want to fool-proof your Will? Make a video

Though it is not mandatory to video record the Will, there are a few situations in which the video recording is recommended by the estate planners.

Myth buster: It's not only the rich who need a Will

In the absence of a Will or Nomination even day-to-day functioning gets affected, as the heirs don’t have access to the funds.