Retirement plan
What Is Atal Pension Yojana? Rules, Benefits, and Features
The Atal Pension Yojana, which guarantees a retirement pension after the age of 60 years, was introuduced by the Indian government in the Union Budget 2015-16. Named after former Indian Prime Minister late Atal Bihari Vajpayee, this National Pension Scheme (NPS) focuses on bringing workers in the age group of 18 to 40 years under ... What Is Atal Pension Yojana? Rules, Benefits, and Features
- Animesh Gupta
- 24 March 2023 • 7 min read
Combining/Consolidating Multiple EPF Accounts through UAN
Job hoppers often forget to transfer their EPF account to the new organization. However, once the EPF contributions stop after leaving an organization, the balance lying in the account won’t fetch any interest after three years. So, to continue getting the interest and to avail tax and EPS benefits, one should consolidate multiple EPF accounts ... Combining/Consolidating Multiple EPF Accounts through UAN
- Piyush Mohta
- 6 January 2023 • 7 min read
9 Reasons why Retirement Planning is Important for you
Retirement planning is defined as an early financial preparation that will help you live a stress-free life in your post-retirement journey. It’s evident that everyone has to retire one day, but that does not mean you cannot have life goals after that. Thus, to fulfil these goals and live comfortably post-retirement, retirement planning is essential. ... 9 Reasons why Retirement Planning is Important for you
- Anshul Gupta
- 2 January 2023 • 6 min read
Voluntary Retirement Scheme – Definition, Understanding & How it Works?
A voluntary retirement scheme (VRS) is one of the popular methods implemented by companies to reduce its employee strength. Such measures are usually taken up in times of economic hardship or to disengage employees who have outlived their productive period of service in that company. VRS is a cordial way for companies to let go ... Voluntary Retirement Scheme – Definition, Understanding & How it Works?
- Anshul Gupta
- 2 January 2023 • 7 min read
How to Achieve FIRE – Financial Independence Retire Early
Caption: Scroll to learn about the massively popular FIRE retirement plan In the past, people did not bother much about their retirement apart from creating a financial corpus. After they reached 60-65 years of age, they would stop working and rely on their savings to spend the rest of their lives. However, times are changing. ... How to Achieve FIRE – Financial Independence Retire Early
- Animesh Gupta
- 29 December 2022 • 9 min read
Step-By-Step Guide to Efficient Retirement Planning
The basic approach to retirement planning has not changed much over the years. You work, earn, save and retire. This plan seems to be working just fine, but there is always some room for improvement. This step-by-step retirement planning guide will take you through how you can plan to live your golden years tension free. ... Step-By-Step Guide to Efficient Retirement Planning
- Anshul Gupta
- 23 December 2022 • 8 min read
Variable Annuity: Meaning, Benefits and Drawbacks
Investing in a variable annuity plan is like investing in any other savings plan, but there’s a twist. It pairs the growth potential of the underlying investment (generally a portfolio of mutual funds) with the steady retirement income of insurance plans. Your insurance provider will pay you back your investment with interest, which will depend ... Variable Annuity: Meaning, Benefits and Drawbacks
- Anshul Gupta
- 11 December 2022 • 8 min read
List of Best Places to Live after Retirement in India
Retirement is the part of a person’s life when they choose to leave their work-life behind permanently. Many retirees set sail on voyages around the globe, while some confine themselves to their home as per their preferences. However, in the age of economic instability and rising inflation, money loses value and thereby increases retirement costs. ... List of Best Places to Live after Retirement in India
- Anshul Gupta
- 10 December 2022 • 11 min read
Mutual Fund vs PPF: Which is the Better Investment Instrument?
Investors can choose from a range of investment options that are available in the market. During this decision making process it is not unheard of to be confused about whether one should invest in the PPF in order to benefit from its relatively higher capital protection and tax benefits or invest in Market Linked Mutual ... Mutual Fund vs PPF: Which is the Better Investment Instrument?
- Anshul Gupta
- 9 December 2022 • 10 min read
How to Open a PPF Account for Minors?
The public provident fund (PPF) is one of the most popular investment schemes in India. Indians trust the time-tested scheme with their hard-earned money to build a corpus according to their goals. The PPF was first introduced by the central government in 1968, to give commoners a way to convert their smaller deposits into a ... How to Open a PPF Account for Minors?
- Anshul Gupta
- 8 December 2022 • 8 min read
