Retirement Planning: How to achieve early retirement bliss? A step-by-step guide
Early retirement can indeed be a cherished goal for many individuals, despite the challenges that may accompany its pursuit. Early retirement necessitates accumulating enough savings to sustain oneself potentially for decades, demanding considerable financial discipline and sacrifices, particularly for those early in their careers. Also, medical expenses can significantly deplete retirement savings, especially in the […]
How to reactivate your lapsed PPF account — A step by step guide
The Public Provident Fund (PPF) stands as an excellent investment choice for numerous individuals in India. It presents appealing features, such as a 15-year investment duration, tax advantages on investments, interest earnings, maturity proceeds, and a decent interest rate of 7.1%. An annual investment in the PPF can range from a minimum of ₹500 to […]
MFs to PPF: How to start off your newborn’s investment journey
Parents can start investing for these long-term goals immediately after childbirth. They can do so using their own bank accounts or start a new one for the child. These days, many parents prefer to open separate accounts for their children and invest in them—investments that can be accessed by the children after they turn 18 […]
Retirement Planning: 3 top experts share crucial tips on how to effectively prepare for golden years
But, this Golden Age of your life is when your biggest challenges start – finances and health-wise. And experts state that you better start your planning in right earnest. “Retirement demands meticulous financial planning to ensure that your golden years are fulfilling and financially secure,” says Anup Seth, Chief Distribution Officer, Edelweiss Tokio Life Insurance. […]