Early Retirement is an appealing proposition but retiring untimely also requires a higher amount of corpus after retirement. You will have to chalk out a proper plan pertaining to the finances and savings on which you plan to rely after retirement. If you are intending to take an early retirement here are few important
You may not see life insurance as an essential and vital part of a retirement income plan. You may believe that life insurance primarily is a way to protect families from the early loss of an employed person in the working years. Though, with an evolution that has taken place in the life insurance industry.
With a mounting figure of women taking to corporate world or self-employment, in most urban households, both husband and wife have become bread earner for the family. In this context,…
The job market is getting increasingly unpredictable, especially for those above 45 years of age. With technology replacing employees and limited opportunities to up skill, loss of a job or even retirement has become a bigger worry today, than before. If your parents are nearing the age of retirement or have just retired then
If I asked you which generation has the best attitude towards retirement, what would you say? Surprise! It's Millennial. As a millennial, you have the chance of relishing the retirement of your dreams. Though you still have the saving footraces of older generations, like paying debts and the rising cost of living, you have a
Aman was in his 20s and saving money for retirement seemed to him like a distant target. His idea about life was to ‘live in the present'. One day he was having breakfast with his dad just when the bell rang. Aman opened the door and was super excited to spot his new smartphone which
When you are hitting your 40s, you should be well settled on your way to achieving long-term savings goals. To retire means to get freedom from worries and be financially free. Being financially free means to live your lifestyle as you wish to live, very few people have taken the necessary steps to adequately prepare
When you hear the word “retirement”, what pops up in your mind? Is it a tropical vacation somewhere? Is it a golf course with friends? Or is it relaxing with your grandchildren? Whatever it is, it must be a happy image because retirement should be just that happy, healthy, and wealthy! For this, you
The answer is simple: as soon as you can. Ideally, you'd start saving in your 20s, right from your first job because the sooner you begin saving, the more time your money has to grow. Each year's gains will generate their own gains the following year this is because a powerful wealth-building phenomenon takes place
With inflation and increasing prices for necessary items such as food and shelter, having six figures in your bank account is not an option anymore, it is an obligation. Your lifestyle, your social circle, and the respect that you receive from your fellow companions are all determined by the figures in your bank account.