The generation born in the decade 1955 to 1965 is now grappling with children’s expenses, parental expenses and own retirement seeding fund pressures. What exactly should they do? They have a great argument: “My parents paid for all my education, and they did not hesitate” so I will too. Great. Our generation did not make […]
Have you ever realized that in India when you pay an EMI there is very little towards principal and much more towards interest? When you are say 30 and you go and get a big, big housing loan, let us look at what really happens. You are young, confident, and your wife (and everybody else!!) […]
Creating a Retirement Egg Nest is actually in 3 parts: 1. Earning well so that you can think of Retirement as a great luxurious product that YOU can afford. 2. Accumulating well -saving and investing smartly. 3. Learning how to withdraw once you have retired. Now about (1) I cannot do anything. You need to […]
Have you wondered who will manage your portfolio when one day (eventually) you are unable to do so? Normally in Indian marriages the man does all the banking related work. So investing, paying the bills, bank pass book updating, and such work is done by the husband and the other domestic work is done by […]
I am not sure whether many people over the age of 70 read my blog but here is an article dedicated to them. What are the 2 risks in a Retiree portfolio? – running out of money during your last few years – or living too frugally and leaving back just too much for your […]
It is surprising that Indian mutual funds have not yet launched Target Date funds. It is a big money gatherer in the USA (remember Mutual funds are in the money gathering business not in the money managing business). What is a Target Date Fund and how does it work? Since we are in 2015 let […]
Pattabhiraman Murari of www.freefincal.com has asked me to speak for 3 hours on retirement planning. 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. […]