Sitting on the balcony with your family and enjoying the view amidst happy faces. Feels like a dream, doesn’t it? A retired life replete with moments of happiness and joy. A stress-free life indeed! Well, we all dream of living a retired life with the people we love the most, making lifelong memories. Now that there is no time constraint, we may also aim to pursue our long-lost hobbies...
One of the major perks that come with early retirement is living life on your own terms without missing out on opportunities. You’ve often heard terms like “Live life to the fullest” or “You only get one life” but how much have you ever thought about it? We spend most of our lives in a hustle and are completely burnt out by the time we retire. Earning money is an essential part of life but...
Retirement Planning – We may have reached our goals of owning a car or enjoying foreign vacations. But when we have retired and don’t have any stable income, how are we supposed to maintain this lifestyle? Retirement Planning helps us to invest well in advance considering the amount we wish to receive in future. Inflation is the biggest wealth killer if we don’t plan our...
Financial planning in 2021 – The year 2020 was one of such nightmares which many of us would definitely like to forget at all costs. Nevertheless, this year also taught us a lot about many aspects of life which we almost pay no attention to. In all, with the announcement of the vaccination drive for COVID-19, the year 2021 has rung a bell and has shown us a ray of hope in the gloomy...
Early retirement with retirement planning is like that delicious looking wild fruit that everyone wants to taste but few actually have the guts to do so. Gone are the days when families were supported by just one earning member. Even children are engaging in part-time gigs off late. Given such a win-win scenario, families are having greater disposable income which they are skillfully...
Retirement Planning through Equity markets, really? Sounds pretty much like you won’t be thinking is possible, right? But what if I tell you that Retirement Planning through ELSS is very much possible and optimal option. Let’s see why you should plan for your retirement first. Why there is a need for Retirement Planning? We enjoy and spend as much as we can afford when we are...
Mr. Sharma seemed quite tense while having a morning walk, which was either his work stress or retirement or something else maybe. I tried confronting on the same; “Hey Buddy, you look worried. Is there something you wish to share with me?” “Oh yes! I am not quite sure how to share my concern. But I can talk to you as a friend and maybe you can advise me as my Financial Planner.”...
Let us begin with two different situations. First of all, all of us would like to enjoy free time without any professional duties aching us. It is needless to say that having such unperturbed leisurely time free of professional worries requires a solid financial standing. Now consider the second situation. After reaching 60 some people still wish to go on working for few more years just...
Most people are unaware of certain basic things or factors to look out for, which are basically warnings towards incoming financial peril. If ignored these may prove to be very costly, but if identified at an early stage, they may be corrected to ensure sound financial health and leads the way to efficient and effective financial planning. Let’s see the top 7 signs indicating the need for...
The wealth earned by us is indeed determined by the quality of our health. The increasing medical costs makes it extremely difficult to sustain the corpus acquired by us throughout our life if we do not make adequate planning for health insurance. This is why financial planners focus on the importance of health insurance in retaining the viability of your long run financial goal. For...