Amazed that in a country where every data and content aggregator wants your data and articles free….there is speakasia.com! They want to pay me for MY OPINION and the opinion of other people that I am able to collect. More amazing that people believe that this is a marketable product and 19 lakh people are […]
Retirement is like old age. And it creeps on you – one day at a time! Here, we bust some common myths relating to retirement. Myth 1 I will never retire. Yes, you will. Everybody has to. You may want to work till you drop dead, but what if you really cannot get a job […]
In every class on retirement planning one question which I always get a wrong answer is: “Will you buy big assets like house, car, etc. AFTER you retire?” It is met with an “obviously no. why do you even ask”. Well the obviously no is said and ‘why do you even ask is in the […]
There are many reasons why you need to plan. Let us enumerate some of them: To protect you and your family against financial risks – financial risks include early death, critical illness, accidents reducing your ability to earn, living too long, etc. To reduce or eliminate personal debt – too many people spend with money […]
Are you in Denial mode regarding your retirement financial needs? I cannot comment for every one, but too many people are in denial about their financial needs for retirement. Most of us do not want to accept that we will buy 3-4 washing machines, air conditioners, refrigerators, maybe about 2-5 cars, at least one or […]
Personal financial planning is the development and implementation of a comprehensive plan to help a person achieve financial goals. The idea is to focus on these goals as the starting point in a financial planning process. In the planning process, an individual’s financial affairs (i.e., investments, savings borrowings, insurance, retirement plans, estate plan, charity, and […]