retirement planning

Retirement Planning: How to achieve early retirement bliss? A step-by-step guide

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Retirement Planning: How to achieve early retirement bliss? A step-by-step guide

Early retirement can indeed be a cherished goal for many individuals, despite the challenges that may accompany its pursuit. Early retirement necessitates accumulating enough savings to sustain oneself potentially for decades, demanding considerable financial discipline and sacrifices, particularly for those early in their careers. Also, medical expenses can significantly deplete retirement savings, especially in the … Read more

Retirement Planning: What plants should you grow in your savings orchard?

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Retirement Planning: What plants should you grow in your savings orchard?

The other day, I took my little one to play in a nearby garden. Kids being naturally curious, he bombarded me with questions about the trees, plants, flowers, and the variety of flora we encountered. As we wandered among the blooms, his questions sparked a chain of thought in my mind. Reflecting on his inquiries, … Read more

Kalki 2898 AD: 4 key money lessons to learn from Prabhas and Deepika Padukone’s film

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Kalki 2898 AD: 4 key money lessons to learn from Prabhas and Deepika Padukone’s film

Kalki 2898 AD released in theatres in India on June 27, 2024 to a rousing reception. The movie has a stellar cast that includes Prabhas, Deepika Padukone, Amitabh Bachchan and Saswata Chatterjee.  The film’s box office collection was a whopping ₹95.3 crore on day 1 but dropped significantly on day 2.  Utopian Shambala protected by … Read more

Confused about retirement planning? 5 steps to get you started

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Confused about retirement planning? 5 steps to get you started

Retirement is often seen as the phase of life following one’s exit from the workforce. It’s a time for relaxation and pursuing neglected hobbies or interests. Many opt to travel, bond with family, or engage in community service. Regardless of their pursuits, retirees share a common desire: to avoid worrying about income sources and constantly … Read more

How financial planning helped this Mumbai family

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How financial planning helped this Mumbai family

In India, where the traditional joint family system is evolving, and the burden of elderly care is increasingly shifting to individuals, retirement planning has become even more critical. Yet, many Indians remain unprepared, prioritizing current expenses over future security measures. A 2020 survey by PGIM Mutual Fund revealed that the majority of Indians prioritize immediate … Read more

NPS: What are the limits to invest in equity in Tier I and Tier II accounts?

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NPS: What are the limits to invest in equity in Tier I and Tier II accounts?

If you want to save a handsome corpus till your retirement, you can opt for the National Pension System (NPS). It not only assured to give corpus at the time of retirement, it helps in wealth creation by investing in equity.  Within the NPS, subscribers can invest in two forms of accounts: Tier I and … 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