retirement fund

Budget 2024: Central govt employees may get 50% of last- drawn salary as pension under NPS, says report

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Budget 2024: Central govt employees may get 50% of last- drawn salary as pension under NPS, says report

Budget 2024:As the Finance Ministry is gearing up to present the full fiscal year budget for 2024-25, the National Democratic Alliance (NDA) government isconsidering offering 50 per cent of the last salary drawn as pension under the National Pension System (NPS) to central government employees, according to a report by the Times of India. This … Read more

Retirement planning: What is the 3 bucket strategy? MintGenie explains

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Retirement planning: What is the 3 bucket strategy? MintGenie explains

What is the 3-bucket strategy? The 3-bucket strategy involves appropriating your retirement corpus into three separate investment buckets to cater to your cash flow needs during different periods of the retirement years. Each bucket is based on a specific time horizon and serves a specific purpose. The strategy ensures you keep getting regular cash flows … Read more