When should I start planning for my Retirement? How much money is enough to retire at 50 in India ? Can I Retire early? Can I maintain the standard of living after Retirement? These are the questions in the minds of many like you and me. Why we are so much worried about our Retirement…
A few days ago I was enjoying the rainy weather with fresh donuts and coffee, when I got a call from my friend Shivani. She works in a bank and does most of the financial planning for her clients- and wanted to discuss NPS with me . Normally this would sound like a marketer trying…
How often do we dream about early retirement in India ? Usually this feeling kicks in since we are generally surrounded in a stressful environment and we look for opportunities to take a break from them. The more commonly used terminology is “taking Sanyas” or moving up the hills to lead a peaceful stress free life. Have…
How to calculate gratuity amount using gratuity formula in 2019? The latest amendment bill increased the new limit of gratuity to Rs. 20 lakhs . This article covers Gratuity Formula – Last drawn salary X years of service X 15/26. Gratuity New Limit – Rs. 20 Lakhs Gratuity Eligibility – 5 Years of Services Rules –…
Reverse mortgage in India is slowly but surely becoming an acceptable means for the elderly to lead a dignified life through income from the home that they once built while they were earning. Mr. Menon has been retired for almost a decade now and has been living a peaceful life with his wife. However with…