Tag: retirement
Number of EPFO subscribers up 7.6% at 73.7 million in 2023-24
The Employees’ Provident Fund Organisation witnessed 7.6% jump in number of contributing members in 2023-24 at 73.7million compared to 68.5 million in the preceding years…
2 in 5 Indians yet to start retirement planning, 61% worry savings will deplete in 10 years: Survey
The overall retirement preparedness has improved since last year, with the index rising from 44 to 47. ET Wealth analyses the third edition of the…
Fire in Milan retirement home kills 6 people, injures 81: Reports
ROME: Six people have died and more than 80 have been injured following a fire in a retirement home in Milan, Italian news agencies reported…
epfo: EPFO plans to hire two consultants to manage debt and equity portfolios
The Employees’ Provident Fund Organisation is planning to hire two consultants to manage its debt and equity portfolio separately, instead of one so far, as…
epfo: EPFO asks zonal, regional offices to bring down disposal days for grievance redressal cases
The Employees’ Provident Fund Organisation has pulled up its zonal and regional offices for continued increase in pendency in redressal of grievances at the retirement…
Retirement planning must obsessively consider this decade of the 70s and explicitly and generously provide for it
A few weeks ago we discussed how super seniors seem to be spending less. One of the takeaways there was to not view retirement as…
Retirement planning: How to choose the right annuity plan
An annuity is an agreement between two parties wherein the insurer agrees to make a series of payments at regular intervals of time to the…
Balance long-term and short-term money goals: The efficient way of handling your finances
Shruti and Ashish Shah are a working couple in their late thirties. They like to live well and spend money on the things they enjoy….
MF portfolio doctor: Jain should exit underperformers to streamline investment portfolio
Not many investors know whether they have invested in the right funds and if their fund portfolio is on track. The Portfolio Doctor assesses the…
How spending drops with age: 8 ways the 30 years in retirement is different from 30 years during employment
Research shows that in the last two decades, the size of bequests has increased and that senior citizen spending has dropped. This trend is expected…