Posts Tagged: retirement

Startups

Why Wealthtech is the Secret Weapon for Modern Investors?

Wealth management has been crucial ever since humans adopted the method of valuing items with currency. Before that, our ancestors used to exchange one essential item for another, like giving away a goat for a bag of rice. Sounds stupid, right? It was a norm during medieval times and before.

Your Money

Pradhan Mantri Vaya Vandana Yojana: Secure Your Golden Years

Picture this: You've worked hard all your life, saved up for retirement, and are now ready to enjoy your golden years. However, you realize that your retirement savings are insufficient to support your lifestyle and care for your medical expenses. The thought of financial instability is daunting, and you start to worry about your future.

Your Money

Atal Pension Yojana: A Financial Boon

More than 90% of the Indian workforce is engaged in the unorganised job market. This includes freelancing, odd jobs and non-organisational occupations like driving, gardening, personal help, etc. While being a part of the unorganised sector has its benefits of flexibility, the lack of organisational association leads to the loss of certain benefits as well.

Your Money

Voluntary Retirement Scheme (VRS): Is it Gateway to Relaxation?

When I was working with UTI, I used to wait for public holidays so that I could stay at home. My father-in-law would joke, saying I should opt for VRS. I was just beginning my career and would wonder what VRS was. Soon, VRS became common in most public sector undertakings, with even my sister-in-law, who was working with Indian Oil, opting for it.

Investor's Psychology

Best Retirement Investment Plans in India

There goes a very famous saying that ‘it is not about how much you make, but how much you keep of it and how much of it works for you.’ Today, we will discuss the second and third parts of this saying. Indians live for the weekends. They exhaust themselves the entire week just so they can go wild on Saturdays and sleep through Sundays. If we zoom out, the ‘week’ is a person’s working-(shelf)-life, and the weekend is the retirement with no following weekdays in the queue to work for.

Finance

Max Life Term Insurance Review

Why do you need life insurance? You don’t, the family you leave behind does.

Invest

Importance of Retirement Planning

As you live, you inspire; when you die, you expire, but before you die, you retire. Retirement is a phase in people's lives that most go into without much forethought. When it comes to old age, people forcefully limit themselves to a life of frugality when the maintenance of a reasonably well-funded life isn't out of people's reach with just some retirement planning.

Invest

What are the types of Pension Plans in India?

Secure aspects of your future by investing in retirement plans and ease yourself from unwanted misery; because, let’s face it, hoping to win a lottery is, in no way, a future bet. No matter how hard you try, you cannot stop what might come your way. This makes retirement plans highly vital to your financial independence after you retire.

Invest

What is Retirement Planning?

“Someone’s sitting under a tree today because someone planted a tree a long time ago”. This quote by Warren Buffet beautifully sums up the impact of current actions on the future. Today’s article revolves around a similar planning strategy that will definitely help you reap its benefits in the future. Let’s dive into the topic of retirement planning and understand why it is so important for one to plan their retirement.

Stock Market

What is Systematic Withdrawal Plan (SWP)?

"Returns matter a lot. It's our capital." - Abigail Johnson. This quote is self-sufficient to explain the value of the returns which the investors get on their investments.

Invest

What is Employee Pension Scheme (EPS)?

Your CTC is not your salary. You have many components that make up your CTC, and one major component among them is your pension. And we must know about it.

Finance

Senior Citizen Savings Scheme: Here’s all you need to know

Risk. A word that comes up with a package of a lot of emotions; excitement, fear, belief, anxiety, dismay, and whatnot. Risk is considered to be a part of life; rather, life is all about risks. Whether it's checking your luck in casinos, hiding the truth from your parents, getting out without an umbrella in monsoon, lending money to someone, investing in stock markets, etc. everything comes up with risks, either small risks or grave ones.

Invest

What's the importance of saving money and why should you do it

Saving money is one of the essential aspects of building wealth and having a secure financial future. Saving money gives you a way out from uncertainties of life and provides you with an opportunity to enjoy a quality life. Wealthy people have a great habit of saving money and controlling their expenses to grow wealth. "If you don't find a way to make money while you sleep, you will work until you die." – Warren Buffett For example, Warren Buffett is one of the world's richest men. He knows the importance of saving money, So he values money and always practices spending money wisely. However, if you look around and find out that one who is financially secure can enjoy life with a peace of mind and achieve dreams, one fact that comes out financially stable can enjoy life with a peace of mind. Here are the few benefits of savings which will help you understand the importance of saving money:-

Invest

Important Keys for Retirement Planning

Whenever I put forward the question as to how planned their retirement is, people hardly come up with an answer. Even those who choose to answer, are not sure whether their petty savings will suffice their ever-expanding needs. A major lot of people in India, who are currently part of the work-force, are highly optimistic that their children will take care of them financially. So planning for their retirement becomes the least of their concerns. But the latest study has come up with a startling fact. It states that only 3 out of every 10 individuals are capable of supporting their old age parents.

Invest

How Annuity Helps to Plan Better Retirement?

As many say, retirement is the start of a new adventure. It is that time of your life where you are relieved of all your responsibilities. But things are never going to be the same while you retire as it is today. Inflation is going to touch new peaks along with your ever-growing needs. So, without a steady flow of income, your new adventure will soon turn to be nothing more than a horror story. In no time you might be forced to return to the workforce once again. I am pretty sure that most of us don’t want to get back to work, rather than enjoying the perks of old age. So what should you do?

Invest

National Pension Scheme: Everything you should know

More than half of the population have a brief plan as to what they will be doing in the near future. It may not necessarily be a clear one but a vague picture of what you might be doing 5 years from now or 10 years from now. The entire blueprint as to which college or school your child will go, which house to buy, which car to purchase, etc. would be set inside your mind.

Invest

What is PF and PPF?

Provident Fund (PF) is a savings scheme started by the government of India for retired salaried people of India. As per the part of this scheme, a group of people comes together to invest money in an account which is later given back to the individual when he retires.

Posts Tagged: retirement

Why Wealthtech is the Secret Weapon for Modern Investors?

Pradhan Mantri Vaya Vandana Yojana: Secure Your Golden Years

Atal Pension Yojana: A Financial Boon

Voluntary Retirement Scheme (VRS): Is it Gateway to Relaxation?

Best Retirement Investment Plans in India

Max Life Term Insurance Review

Importance of Retirement Planning

What are the types of Pension Plans in India?

What is Retirement Planning?

What is Systematic Withdrawal Plan (SWP)?

What is Employee Pension Scheme (EPS)?

Senior Citizen Savings Scheme: Here’s all you need to know

What's the importance of saving money and why should you do it

Important Keys for Retirement Planning

How Annuity Helps to Plan Better Retirement?

National Pension Scheme: Everything you should know

What is PF and PPF?

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