Mr Sharma is getting retired. His responsibilities are over, children are settled abroad with their jobs and families. He is happy that finally after working for so many years, he is going to spend some time in peace with his wife. Mr Sharma has total portfolio of Rs. 1 crores, which he thinks is enough […]
Retirement planning – How strong are your sails?
Retirement planning for most investors is broken. Just consider these news headlines: 58% Indians do not plan for retirement… 47% of Indians not saving for retirement… That’s alarming and the problem is lots of people are still unaware if that is the case with them. Are you one of them? Consider this a yes, if […]
Investing in NPS – Sending your money to life imprisonment?
I compare investing in NPS to putting your money behind bars. If this headline sounds like a clickbait to you, wait to hear about your favourite investment, NPS or National Pension Scheme and the bigger bait you are falling for. Are you investing in NPS? I have seen all kinds of investors – young and […]
Retirement Planning – Use this calculator to know how ready you are
In an earlier post, we discussed about how much returns to expect from your mutual fund investments. In this post, we use an example of retirement planning and how returns expectation and your investment mix can impact your strategy. Chances are that you are not adequately prepared for retirement. Let’s use the numbers to know where do you stand […]