There are a lot of NRIs who are out of India at present but wish to return back to India in later years and settle. Can NRI invest in NPS for their retirement? Can NRI invest in NPS to take benefit of low cost? Can NRI invest in NPS to take benefit of taxation? Till nowRead More
basics of retirement planning
All Questions Answered on Retirement Planning – Part 2
This is the second part, where all your questions on Retirement Planning are being answered, we plan to dig deep in terms of planning the retirement. There are questions like what’s the correct age to retire, what time plan should be implemented, who can assist me in planning etc… here we start one by one:Read More
All Questions Answered on Retirement Planning – Part 1
At the edges, it all falls apart, is a common saying but with a deep meaning. When it comes to retirement, if you are not planned to face the real world, life can be hard for you and family. So this time, I have tried to play question and answer session with myself and haveRead More
Have you planned for your retirement home ?
In an earlier article, we were discussing whether buying a house or saving for retirement is important. After all, all of us want retirement homes when we usher in the sunset years. The last thing you want is a mad struggle to meet your day to day expenses and on top of that pay rentRead More
How does reverse mortgage work in India ?
In India, we pride ourselves for our family values and joint family support system. But the urban culture is creeping in all corners of India. “Independence” has become a catch word for not only the younger generation but also for the senior citizens. Today’s grandparents want to live life on their own terms and doRead More
How to do retirement planning for late starters ?
My Gupta asked me the other day- ” I am 51, should I start retirement planning now ? Am I late starter ?”. The question prompted me to think on how to do retirement planning for late starters but before we go there, is 51 late in starting ? Given all the basics of personalRead More