I have always felt and said that for every person there are 2 dates of retiring / resigning. The first day is when they MENTALLY resign/ retire and the second day is when they actually do so. Recently a few people have retired / resigned and the reasons that they gave me are stunning and […]
“You are what you think”. A lot has to be said for POSITIVE THINKING – and the most important is what Henry Ford said. You are right either way. If you think you can, you can. If you think you cannot, you cannot. What are the thoughts that are HURTING your Retirement corpus formation? I […]
LIC has launched a Varishta Pension Bima Yojana. This is a subsidised (as the ad says) pension plan perhaps owned by the Government and governed by LIC of India. I am not a big supporter of LIC and would personally not be investing in this (I am not yet 60 years old) but the […]
Financial planners, mutual fund sellers, bank RMs, all of them have a knack of racking up a large number when it comes to your retirement corpus! Normally they do this so that they can galvanize the client to act. However, from what I have seen it normally has a negative effect! When people look at […]
Retirement mathematics is a very complex one…and who knows that better than me! I have refined my calculators a million times and sought help from Pattabiraman (of Freefincal fame)…regarding volatility. However instead of doing a PhD in mathematics, let us look at some short cuts…. 1. The American belief is ‘you need to provide for […]
This is not the first time that I am writing a post on retirement planning being scary. Nor is it likely to be the last one. Let me just enumerate why Retirement Planning is scary: 1. You have no clue how long will you live: NONE of us have a clue whether we will live […]
It is easy for some of us to write an article saying ’10 questions for which you do not have an answer’ – what such an article does is it creates panic. Let us say your wife reads an article saying ’10 retirement Qs which you do not understand’…these are actually leads to push / […]