My retirement is about 8 years from now and, so far, I have ₹52 lakh invested in mutual funds and stocks, ₹25 lakh in a Public Provident Fund (PPF), and roughly ₹26 lakh in my Employees’ Provident Fund (EPF). My monthly expenses amount to around ₹1 lakh, with savings of ₹62,000 per month. This year, …
An argument that is often heard against the National Pension Scheme(NPS) is the long lock-in till age of 60 years. Another concern is the accessibility of the corpus in case of early retirement. Subscribers have for long been used to defined benefit scheme like the employee provident fund which gives a fixed return and find …
The age of a retiree could be correlated with how much they spend — and nearly half of retirees say that they retired earlier than expected. A new piece from Go Banking Rates with statistics from the Bureau of Labor Statistics (BLS) shows a difference in the expenses of younger and older retirees and reveals …
Jelly Roll’s wife, Bunnie XO, celebrated the one-year anniversary of her retirement from sex work. On FaceBook Wednesday, the “Dumb Blonde” podcast host reposted her status from last March, when she said she “officially shut down my spicy site,” and reflected on her journey so far. “Awww a year ago I retired from the SW …
Back in their old stomping grounds. After Jason Kelce announced his retirement from the NFL, he and his brother, Travis Kelce, pulled up to Ohio’s Rocket Mortgage FieldHouse Tuesday night to cheer on the Cleveland Cavaliers. The duo — who grew up in Cleveland Heights — were all smiles as they walked into the building …
When we think of pocket money, it often takes us back to our childhood days when our parents would give us a few “bucks” for little treats or personal expenses. But what if pocket money isn’t just for kids? In fact, it can be a great concept when it comes to planning for retirement. You …
It is particularly beneficial for those senior citizens who require a consistent income source since the loan amount is not required to be repaid until the borrower either sells their home or moves out. What is a reverse mortgage? A reverse mortgage is a loan available to homeowners aged 62 or older, allowing them to …
The National Pension System (NPS) is one of the most cost-efficient retirement planning products that comes with a prudent risk management framework and close regulatory oversight. The NPS ensures a comfortable retirement by combining market-linked returns with disciplined savings and power of compounding. With growing awareness, the NPS has attracted a lot of interest and …
When you picture your retirement, what comes to mind? You might envision yourself relaxing on a beach, spending time with family, traveling the world, or participating more in your favorite hobbies. It’s an exciting vision of a luxurious, enjoyable life. However, not everyone is excited about the idea of retirement. Some people don’t like the …
Navigating the Indian financial landscape can be akin to a thrilling yet complex journey. Amid the buzz around stocks and real estate, there lies a less talked about, yet crucial, investment avenue: debt instruments. For the discerning Indian investor, understanding and leveraging these instruments can be a game-changer. Let’s delve into why incorporating debt instruments …