Financial planning: How much is enough to retire early looking at current inflation, domestic and global economic scenario?

Financial planning: How much is enough to retire early looking at current inflation, domestic and global economic scenario?

In our traditional society, 60 years used to be considered the standard retirement age. However, in recent times, an increasing number of individuals are challenging this age limit by opting for early retirement. Many experts advocate for the pursuit of financial independence, known as FIRE (Financial Independence, Retire Early), with the goal of retiring much … Read more

How can I plan my retirement corpus with fixed-income and non-risk funds?

How can I plan my retirement corpus with fixed-income and non-risk funds?

I am 58 years old and I work with a private firm in Bangalore. I have invested in equities and equity mutual funds earlier. But now my wife wants us to save a part of our savings with fixed-income and non-risk funds for our retirement. My wife is a housewife and our daughter is in … Read more

What would be your take-home pension under UPS, NPS in Rs 25k-Rs 1L salary brackets. Check calculations

What would be your take-home pension under UPS, NPS in Rs 25k-Rs 1L salary brackets. Check calculations

With the introduction of the Unified Pension System, it is essential to understand how it measures up against the existing National Pension Scheme (NPS) and the traditional Old Pension System (OPS). NPS involves investing a portion of the funds in the equity market, making it a relatively market-linked pension scheme. On the other hand, UPS, … Read more

How to build a Rs 15 crore retirement nest egg in 30 years. Follow these steps

How to build a Rs 15 crore retirement nest egg in 30 years. Follow these steps

Achieving the goal of accumulating a wealth of Rs 15 crore over 30 years may seem daunting, but with smart financial planning, disciplined saving, and the power of compounding, it’s within reach to make one’s retirement comfortable. Here is one of the ways how one can systematically work towards this financial milestone. The key to … Read more

How to plan a Rs 8 crore mutual fund portfolio for retirement with Rs 50,000 monthly SIP. Expert tips

How to plan a Rs 8 crore mutual fund portfolio for retirement with Rs 50,000 monthly SIP. Expert tips

I want to invest monthly Rs 50,000 in the mutual fund for my retirement. I want a corpus of Rs 8 crore. I can invest another 19 years. Suggest me how I can prepare my portfolio and advice accordingly on which I can invest.  Shivansh Dandona: Head – Investment Management, FinEdge says a rough calculation … Read more

MF Query: 50 years & planning retirement? 1.1 lakh monthly SIP can grow to Rs 3 cr in 11 years

MF Query: 50 years & planning retirement? 1.1 lakh monthly SIP can grow to Rs 3 cr in 11 years

In the realm of investment planning, longevity is a virtue. The journey to financial security once you are near retirement often requires a careful balance of strategy, foresight, and adaptability. In a quest for clarity amidst the retirement planning maze, Gururaj, a 50-year-old investor brimming with aspirations, seeks to grow the portfolio so that he … Read more

Ask Money Today: Is it possible to create a retirement corpus of Rs 4 cr in 10 years?

Ask Money Today: Is it possible to create a retirement corpus of Rs 4 cr in 10 years?

I am 45-year-old. I am investing Rs 45,000 per month in these equity mutual funds — HDFC Top 100 Fund, Franklin Prima Plus Fund, PPFAS Long Term Equity Fund and Kotak Flexi Cap Fund. Is my selection of funds good to create a corpus of Rs 3 to 4 crore for my retirement? I have … Read more