Tag: retirement planning
Retirement Planning: Have financial ‘Plan B’ ready to take care of unforeseen risks
Danish Prakash, a 55-year-old Chartered Accountant, runs his own firm and has started thinking about retirement. With his kids finishing college and a term life…
Investors know about NPS but do not invest: What is keeping you away from NPS?
It is the cheapest market-linked investment product, is very tightly regulated and offers several tax benefits. Despite these advantages, the National Pension System (NPS) has…
31% of urban Indians unsure about retirement corpus needed, study shows
Retirement preparedness has improved in the past one year, and more Indians have started saving for this goal early. Close to 44% Indians consider the…
Women better at handling market volatility: Survey
Women show a higher persistency in mutual fund investments compared to men, claims a recent report by Axis Mutual Fund. The pan-India survey was conducted…
Allow NPS investment tax break of Rs 50,000 in new tax regime in interim budget 2024: Experts
The government wants to encourage people to move to the new tax regime which combines lower tax rates with a very limited number of exemptions….
All you need to know about the new National Pension Scheme (NPS) Withdrawal rule
Indians are becoming more financially literate and looking for ways to ensure a comfortable living long after their working age is up. The Indian government’s…
Parents should stop funding the expensive educational pursuits of entitled children
About 20 years ago, when formal financial planning was just taking root in India, we did a household survey to find out about personal financial…