In this article, I have tried to list down important personal financial calculators that will be useful while considering financial planning in India. These calculators can be used by both DIY investors and newbies. Let`s look into few details to see how these personal finance calculators can help you calculate the required corpus for your…
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…
It’s been long time since I was thinking of writing an article on Financial Advisor fees structure, cost and charges in India. This is a growing market that has come up in the recent past and most of us do not have that the knowledge around how much one should pay and is it worth…
How to do financial planning for doctors in India? What financial management tips and wealth advice can help doctors to reach their financial goals? There is a good family friend of mine, who is an extremely well known doctor in the medical circles. He had his own practice, worked at a government hospital, and was…
This article explains in detail – the list, types and example of personal financial goals. Before going further, let us see what a personal financial goal is? What is a Personal Financial Goal? Personal financial goal is the target amount of money required for specific future financial needs. It differs between person to person. A…
If you are looking for any Insurance or LIC`s best child plan for education and marriage in India, this article, with calculator, is not for you. Insurance Companies and LIC`s child education plans are normally traditional policies which will not give you more than 5%-6% returns. The returns from these policies would not be sufficient…
It is difficult, almost inconceivable, to believe and accept that death visits all our doorsteps. Nobody is spared. Like they say in the Harry Potter books, for the well trained mine, death is but the next great adventure, So how do you train yourself for death? We are not going to see the various methods…
Introduction to Retirement Planning My friend Sujit could not stop laughing when I asked him about his retirement planning. “Who thinks about retirement planning? I am only 30, Retirement is far away.” says Sujit. Most of us , like Sujit, having higher salaries do not believe in retirement planning because we believe in living for…