Marriage is the beginning of a new phase of life and as time passes, married couples evolve a shared sense of responsibility in all spheres, including personal finance. Spending your golden years together in relative comfort and security is the goal of most married couples. Here are some tips on Retirement Planning for Couples. MostRead More
Retirement
How Much Cash to Hold in Your Portfolio?
You know last week in news it said: “ Indian Forex Reserve is down by 1% due to increase in fuel bill”. So a country is also concerned about its cash balance. We all know what happened in 1991 and how Dr. Manmohan Singh tackled the situation. So cash is really important in managing aRead More
Voluntary Provident Fund – A Good Choice in Fixed Income
Very few instruments have “fixed rate” & “tax-free” tag associated with them. Considering last year when rates in fixed deposits were at lowest and debt funds being highly volatile, Voluntary Provident Fund is an ideal choice for debt investments. Let’s see the details. The advantage of investing in voluntary provident fund lies in the factRead More
7 Retirement Challenges that Lead to Shortfall
Most ignore it because it is too far. Yes, that’s the story of retirement-related goals. You ask anyone, the priority is today… today’s expenses, this year’s tax savings, next years vacation etc etc. Retirement … a big silence. And, we all know the result. There will be a shortfall in retirement corpus. Shortfall is oneRead More
How Much Money Enough To Retire In India?
Ten years ago when I use to meet clients, everyone wanted to retire soon. Maybe I was in the company of worked up guys. But many of these changed their views and now everyone wants to work till they can. Not because they want to be active, but because they have nothing as Retirement Goal.Read More
PM Vaya Vandana Yojna PMVVY 2020
Update till 10 June 2020. Pradhan Mantri Vaya Vandana Yojna or PMVVY is a Pension Scheme announced by the Government of India exclusively for the senior citizens aged 60 years and above which is available from 4th May 2017. It was officially inaugurated by then FM Late Sh Arun Jaitley on 21/07/2017. The Scheme canRead More