Yes Subra, I agree with you I need X amount for retirement, after all you may end up spending a fortune on medical expenses during retirement ——-Most people tell me this. Wrong. You may or may not spend much on medical expenses (hey I am not saying you do not need medical insurance). I am […]
There is an article by Radhika Merwin “The first step is to calculate how much you will need towards living expenses after retirement, depending on your lifestyle. Let’s say you’re 30 years old, currently drawing an annual income of Rs 10 lakh. What percentage of your income will be enough to cover your living expenses […]
Many of us are likely to live long enough on this planet to need some kind of assisted living. How much exactly does staying in an old age home cost? Frankly I have not done enough research to do such a post, but here is some rudimentary info. You will need to do more research […]
The process of providing financial fitness involves four basic steps. If you have the time, objectivity, inclination (to take time off from your family to do this) and expertise in accounting (to file your tax returns), investments, taxation, insurance, and estate planning, you can do this process on your own. However, avoiding personal bias is […]
Like a holistic approach to personal health, the process of providing financial fitness involves four basic steps. If you have the time, objectivity and expertise in investments, taxation, insurance, and estate planning, you can complete this four-step process on your own. However, most people find it helpful to seek the aid of various professionals to […]
The process of providing financial fitness involves four basic steps. If you have the time, objectivity, inclination and expertise in accounting, investments, taxation, insurance, and estate planning, you can do this process on your own. Avoiding personal bias is difficult. Most people find it helpful to seek the aid of various professionals to derive the […]
Today it is very easy to live beyond ones’ means. If you take any magazine you will find about 15 advertisements – of this about 14 will extol you to live beyond your means. If you can afford a Ford Ikon, they will urge you to buy a Honda City. If you can buy a […]