[ad_1] The investment strategy at each stage in life has to have different consideration and must change according to peculiar circumstances. For example, a person at the initial stage of his career can take risks with his money and invest substantial portion of his savings aggressively in volatile and risky assets like equity but not…
[ad_1] When the nation is becoming Atmanirbhar, why should we individuals lag behind? Let us discuss how one can Atmanirbhar and remain Atmanirbhar during all the phases of life. Also Read | Gold price today in your city: Check Mumbai, Bengaluru, Chennai, Delhi on May 18 Early days in life Gaining basic knowledge about finance…
[ad_1] I am a 35-year-old working woman living in Pune with a 4-year-old daughter. I earn â‚ą1.2 lakh per month, and my husband is a freelance designer with a fluctuating income. We currently live in a rented apartment but plan to buy a house in 3-4 years. I want to ensure my daughter’s higher education…
[ad_1] Long queues, time-consuming documentation, rejections in requests, and constant delays, these are typically the images that come to mind when one considers taking advantage of your Employees’ Provident Fund (EPFO) corpus in India. All of this could be a thing of the past soon. Union Labour Minister Mansukh Mandaviya made the announcement of the…
[ad_1] Over the past four decades, private employers have dumped pensions and replaced them with 401(k) savings plans. The result is that millions of Americans are their own pension plan managers, and they get jittery when stocks and bonds tumble. Markets aren’t the only wild card. Seniors know there is a good chance they will…
[ad_1] India’s population today has surpassed 1.4 billion (World Bank, 2023). While a significant portion of the population remains young, with those aged 15-29 comprising around 27% (UNFPA, 2023), the number of senior citizens has also surged to more than 10% of the population, or roughly 140 million people (Ministry of Statistics, 2023). Also read:…
[ad_1] As you are aware that the Union Government is set to roll out the Unified Pension System (UPS) from April 1, 2025 to give fixed, inflation-linked pensions to subscribers. As of now, the scheme is meant only for 23 lakh central government employees and the state government employees are permitted to opt for them….
[ad_1] Let’s get real—you’re not going to work forever. At some point, the daily grind will become exhausting, and you’ll need more time for health and family. With life expectancy rising, you could easily be living into your 90s, which means 30 years without a paycheque. Now, factor in inflation, which could triple your current…
[ad_1] One of the key objectives of investing is to meet your financial goals. And if you have already achieved them, what should be your course of action? The standard response would be to redeem your investments and withdraw the money so that you can use the same towards your goals. However, this is not…
[ad_1] New Delhi: There will be no rollback of the new Unified Pension Scheme (UPS) for central government employees, a senior government official said on Tuesday. Trade unions have been demanding the rollback of employee contributions to the UPS, which combines benefits of the Old Pension Scheme (OPS) and National Pension Scheme (NPS), providing assured…
