Retirement Planning News
Mint BFSI Summit | HDFC Pension’s Sriram Iyer busts five NPS myths
Speaking at the 17th edition of Mint Annual BFSI Summit on Friday, the HDFC Pension CEO said while financialization kept pace over the past five years, financial planning hasn’t.
2 min read17 Jan 2025Retirement Planning: How to build a strong financial foundation early
Retirement requires careful financial planning during working years. By saving and investing wisely, individuals can build a substantial corpus. The earlier one starts saving, the greater the benefits of compounding, ensuring a secure and fulfilling retirement free from financial stress.
4 min read13 Jan 2025Retirement planning: Are you saving enough money? Tips on SIP, EPF, and NPS contributions
Adopt a proactive retirement planning strategy to secure your financial future. Combine SIPs with EPF and NPS for a diversified portfolio
2 min read24 Dec 2024How to build a ₹5 crore retirement corpus with ₹1.5 lakh monthly salary
With an SIP of ₹45,000 per month and a rate of return of 12%, the retirement corpus is estimated to be ₹8,53,93,579 over a period of 25 years.
3 min read18 Dec 2024Planning to retire with an equity-heavy portfolio? History warns against it.
A year or two of poor initial returns won’t affect a conservative retirement portfolio. But for an aggressive one, those initial losses will be damaging even if there is a strong recovery in equities.
1 min read20 Nov 2024How to plan a secure retirement with fixed-income and low-risk funds?
Retirement planning requires a shift from growth to stability. Utilizing fixed-income funds and a SWP ensures reliable income. Regular financial check-ins and adjustments help maintain a balanced portfolio, allowing retirees to enjoy comfort and peace of mind without financial worries.
3 min read9 Nov 2024Want to retire early but don’t know how? Here’s a simple guide to calculating your FIRE number.
The calculation involves several moving parts, as expenses rise each year, sometimes in line with inflation and sometimes faster. The corpus also earns returns, which must be accounted for.
3 min read10 Oct 2024Retirement Planning: With UPS in the fray soon, is it the time for govt employees to exit NPS?
Wealth advisors suggest that having more than one option to choose from is a good thing from a retiree’s point of view. They will soon be able to choose between the inflation-linked UPS and the market-linked NPS
3 min read9 Sep 2024Retirement Planning: How traditional life insurance products supercharge your pension plan strategy
Retirement planning has evolved, necessitating a steady income stream to manage rising costs. In India, where social safety nets are limited, traditional life insurance is vital for achieving financial independence and ensuring a secure retirement, regardless of when one chooses to retire.
3 min read4 Sep 2024A time-honored strategy puts your retirement at risk of financial ruin
The tried-and-true 60/40 portfolio and 4% withdrawal rate in retirement could lead to “catastrophic” outcomes if markets behave differently than in the past.
4 min read23 Aug 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared