Are you a dink and getting on in years? There is a serious worry for couples without children. The list (may not be in order) would be somewhat like this: a. who will look after us when we are older b. what happens to all our money, and c. what happens to the house in […]
Ok I used this headline to attract attention. The other headline could have been ‘How much money do you really need for retiring’. Actually both are hot topics, and need some thinking. Please read the post carefully. If you go to a financial planner you will get a answer which is somewhat like this: […]
There is no ONE way of building a retirement corpus! Retirement planning is almost like a religion, there are many sects, sub sects, protestants and of course there are the atheists…. Here is one method which has worked very well for a friend. However let me add that he is a brilliant stock picker, has […]
One Reader named Rajeev had put this in the comment column and had addressed to another reader Siddhant. Since all of you may not be reading the Comments column, reproducing it here. Not a word has been changed… Siddhant, I went through similar disbelief a few years ago. Then I used my excel […]
I have been speaking to people who are about to retire or recently retired…and this is a kind of trend that I am seeing: a. They have NO clue about how much they will require for a comfortable life ahead. b. For many of them they say TAX is a big worry. c. Not enough […]
From the age of 50 or thereabouts you need to be planning for retirement. Typically you may be planning to retire at 52-65 depending on many factors of your life..here are a few things you need to take care of: a. Communicate with your spouse: If you think you will retire at 55 and your […]
Most parents I know support their children through college. Fair enough. Then they pay for the ‘higher education’ – this means an MBA. Not fair, but very unIndian to say ‘go get a loan’. So it is all right. Then they support them in the ‘early’ part of their lives with a car, a down […]