One needs to first understand that your insurance advisor, mutual fund advisor, stock broker, bank relationship manager and real estate broker are not financial advisors. They either work to earn their commissions or for salary. For example, an insurance advisor will earn commission on the premium you are paying to the insurance company whereas, a…
Can I retire with 1 Crore in India? Is 1 Crore enough to retire in India? The truth is: I don’t know! Why? Because the information provided is not enough to reach to a conclusion. It is impressive and good that you have 1 Crore in your account before you plan to retire. However, I will…
I am a 35 year old, married man with one child. Though I am covered under a health insurance policy of 5 Lakhs through my current employer, I also have a personal family floater Mediclaim Insurance worth 5 lakhs that I bought late last year. Lately, I have been going through different posts and blogs…
I don’t think there ever will be a definite answer to this question. There are lot of binding factors that one needs to consider before coming to a decision on how much money is enough to never work again in India? Can I afford to quit my job? While you are in the process of…