Relevance of Retirement Planning in India
Retirement Planning – is it relevant in India? What could be more important than the decision you make to invest your money for retirement? As you will be aware after going through the article that building a retirement corpus is not easy and it takes years of savings to build the retirement blocks. So for building of the retirement corpus, one has to start early giving time for the...
Read MoreReverse Mortgage Loan- a last resort retirement plan!
We need to understand that we have limited resources and surpluses available month after month but our goals are multiple. We try to achieve our major financial goals of education, marriage, home, car etc. in the life with them. Whenever we find there is not enough surpluses and is not possible to fund other major goals, we mostly compromise on them without looking at other options...
Read MoreWorking towards an Early Retirement
Retirement. Does this word evoke images of sun and sand, books and movies, travel and sightseeing? Most of us, these days, want to retire early and enjoy life to the fullest. If this is one of your dreams as well, it’s time you asked yourself this question – ‘Am I financially ready to retire early?’ Put pen to paper and work out the math. Are you really ready? Let us look at some...
Read MoreRetirement Planning at Various Stages of Life
Retirement period is supposed to be the golden years of your life. No wish to work, leisure time with grand-children, comfortable social life is what each one of us aspire during this period.We work our lifetime to make sure these 20-25 years are memorable. To achieve this objective, it’s necessary that you plan well. With increase in risk of longevity and inflation playing a devil’s role,...
Read MoreReady For Retirement
Just over a year ago Anurag 52, was back to India from his overseas job, happily retired with the idea of spending the rest of his life with wife Parul, a home maker and a shopping freak by nature and son Akash, a top performer, who was in his last year of Engineering. Anurag had no further commitments towards Akash except providing for his marriage. During his career he has always been a...
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