PPF is one of the most popular investment vehicle, mainly because of its EEE (exempt-exempt-exempt) tax status. However, there are many lesser known facts associated with Public provident fund. Read through to learn more. The Maturity Date: PPF comes with a 15-year lock-in period. As per the rules, the maturity date is calculated from…
Most of us worry about our parents’ retired years. They strive all the life to give the best to their offspring, ending up compromising on their future. Often, parents neglect adding to their retirement fund. As a result, they would not be able to enjoy the labour during their sunset years. According to a survey,…
The fifties is when most of us begin to genuinely panic about retirement. Retired life doesn’t seem really secure because some of us lived a life defined by heavy expenses and have not saved much for the golden phase of life. Now, what can a 50-year-old who is worried about retirement do? Curb The…
A self-sufficient retired life is everyone’s dream. This distant dream can be turned into a reality only when due prominence is given to planning and saving. But in reality, most of us undermine the post-retirement needs. And soon when the retirement is around the corner, we realize how tough it is to continue the same…
A dignified retired life is what everyone deserves after years of hard work. It is imperative to plan for the retirement along with other financial goals like child education, own house, etc. to lead a self-sufficient retired life. It can only be achieved with a proper retirement planning. Below are some useful tips to achieve…
Hiring an advisor is like hiring a doctor, your financial health improves! It is certainly worth the time and money. Especially, if you are in a bad financial situation or you are bad with numbers or you wish to lead a relaxed financial future, in all these cases you need an expert advice. But not…
Who doesn’t prefer leisure over work? Early retirement is a distant dream for most millennials. Convert this dream into reality with a better retirement plan. Here are 3 smart money moves that can help you with early retirement. Plan well to enjoy comfortable retired life! Start With Early Investments: It is quite essential to start…
The National Pension System (NPS) is a retirement scheme established by the Indian Government on 1 January 2004 for all its citizens aged between 18 and 60. It is a vehicle that offers reasonable market returns over the long-term and to generate regular income during the old-age. Key Features Of NPS Include: Permanent Retirement Account…
As a parent, you would surely want to keep your child safe and secure, both today and tomorrow. However, simply wishing or saving now and then cannot make a difference. It is never a one night task, but rather takes in a lot of discipline, patience, and strategy. Indeed, one has the build a secure…
The old-age is the phase of life when most people do not have a stable income-source. But a regular income can be generated all through the golden years with a good pension or retirement scheme. National Pension System (NPS) is one such retirement scheme established by the Indian Government on 1 January 2004, to offer…