Real rate of return on fixed income instruments would be negligible considering the low rate of interest prevailing. Therefore, withdrawing funds from such allocations may not impact the retiree’s returns.
The 3-year lock-in helps fund managers to have a slightly larger portion of small and mid-cap stocks as it prevents a gush of outflows that can be seen in other diversified equity funds.
Divide the corpus into two buckets – one, to meet short-term needs through investment in debt funds, and the other to help grow the corpus through investments in a variety of instruments including equity.
Over the past few years, the company has been on a journey to reshape itself into a more growth-oriented and innovative biopharma company, Pfizer said in a regulatory filing.
In this episode of The Moneycontrol Real Estate show, Moneycontrol's Vandana Ramnani talks to Ankur Gupta, joint managing director, Ashiana Housing, who explains how senior living is different from the concept of old age homes and who should buy into the housing segment.
Retiring early to pursue your dreams is good, but your expenses don’t stop. Planning for them in advance is crucial. An early retirement from the rigmaroles of a daily working life is a dream for many. But not many can achieve it. Mrin Agarwal, financial educator, talks to Moneycontrol’s Kayezad E Adajania, and gives handy tips to put in place a plan that takes you to your goal. Early retirement can be fun, but it needs to be well-funded.
Only high-cost debts such as credit card balances and personal loans must be paid off immediately. Low-interest loans can be repaid gradually.
Ratan Tata had told "Humans of Bombay" in 2020 that for him, the urge to do more philanthropic work had never been greater.
A majority of those polled – 63 percent – say that health will be the most important aspect for them to take care of during their retirement years
The first in the four-part retirement series explains the need for timely de-risking, rebalancing and profit-booking in one’s portfolio
The long-term nature of NPS plays an extremely critical role in generating better returns
NPS gives additional income-tax benefits if your employer offers it too. These deductions are available for old and new income-tax regimes
Provident fund and gratuity only take care of 30 percent of your total post-retirement corpus requirements
"The pandemic has universally changed our perspectives at work and put us on the fast track to some seminal changes."
Most of us look at retirement as a vacation and hence plan for it during the last minute
If your EPF corpus isn’t very large, you can use your NPS as a debt product with high allocations to schemes G and C.
His advice to young leaders: "Focus on relationships and building trust with your customers, your partners and your employees."
Since pensions are the chief, and in many cases, the only source of income for senior citizens, PFRDA should ensure that such funds should not take undue risks. This is true especially in the current scenario where loss-making start-ups are tapping the market with atrocious valuations
No specific study for ascertaining the reasons for such retirements or resignations has been conducted by the Home Ministry so far, but an analysis carried out by the forces themselves indicates that personal and family issues, health reasons and better career opportunities are some of the main causes, a ministry official said.
Medical inflation itself is around 11 percent. With cost escalation in essentials, investing in equities to maintain your lifestyle becomes important.
The entire lump-sum accumulated on maturity may be withdrawn by the NPS subscriber if it is below a threshold
A target-date fund uses an age-based formula to maintain the asset allocation of the investor’s retirement savings
The 2011 population census pegged the number of senior citizens at 103 million, or around 8.6 percent of the population, the figure is estimated to grow around 3 percent annually to reach almost 320 million in the next three decades. This means their needs will also grow.
Not factoring inflation, taking inadequate health insurance and avoiding equities are some of the key mistakes to avoid