If you are about to retire and do not have a pension, then you need to get that income for meeting your needs from your portfolio. Typically, when someone about to retire, I have seen that there is some sort of anxiety that kicks in. It is understandable too. After a long, long time, the […]
Revisiting NPS in 2022
Pension payments are a huge burden for Governments around the world. As populations age, this burden continues to grow. In the past, India (like several other nations) followed a defined benefit cum assured pension plan. Once you retired, a predefined pension was made available regularly for your post retirement needs. Over time, the realisation dawned […]
What can derail Mr Sharma’s retirement?
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 […]
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 […]
