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
Amid rising cost of living, generating passive income becomes crucial. It allows one to build financial security and maintain their standard of living, especially during retirement or in periods of unforeseen financial difficulties. Passive income streams also enable individuals to achieve financial independence sooner, reducing reliance on active employment and providing opportunities to engage in … Read more
The National Pension System, under the Pension Fund Regulatory and Development Authority, saw less number of registrations in FY24 perhaps due to the New Tax Regime. The NPS has progressively advanced as a favoured mechanism for retirement planning across India, owing to its well-organised strategy towards guaranteeing financial stability upon retirement. The pension scheme comprises … Read more
We all often consider retirement the golden period of our life, a time to sit back, relax, and enjoy the fruits of hard work. However, a comfortable retirement requires careful planning, especially since you will no longer have an active source of income. You may also have family responsibilities and other expenses to consider, and … Read more