Let us look at what assets you are likely to draw upon while in retirement, and how it is taxed. By the time you retire you would have accumulated some direct equities, mutual funds – debt, equity and balanced, own provident fund, gratuity, public provident fund, Nps, bank fixed deposits, bonds, real estate, retirement plans […]
Most of us cannot predict about the future. Tautology? Prediction is always about the future, is it not? So a 30 year old thinks he is going to retire at 49 years and spend the next 20 years in the current home and die at a ripe old age of 70. A 55 year old […]
Ask somebody about retirement planning and they tell you that it is far away, it is too uncertain, it is…and lots more nonsense…then they come up with this: Did you not write in your blog the following: So Retirement Planning 101, let us say consists of the following things: 1. Knowing when you will retire. […]
All of us must have some debt investments. At least that is what ‘asset allocation’ gurus will make you believe, so well, let us believe it. HOWEVER, when somebody comes to me and says “I live frugally and save all the money that I can and keep it in Fixed deposits, Public Provident fund, national […]
I speak for 2-4 hours on retirement, and I can tell you it is difficult to speak for 3 hours on retirement planning, because it is a simple topic and does not take so much time. Please understand being simple means – simple to understand. Not saying it is easy to do. So Retirement Planning […]
Look at it anyway the Retirement statistics coming from the USA are surely scary. We just do not have enough statistics about India, but if one were to collect the data, it would be just as scary. I keep getting data in some ad hoc manner and I have no clue whether that is the […]
I meet a lot of people over the age of 55 – the time when people are looking forward to retirement. Invariably I ask them one question – what are your regrets in life..and the answer (financially speaking) is very interesting… 1. I wish I had done my own business: So many people feel that […]