Is this a question that has bothered you? or like everybody who follows the media think that you should have retirement plans well funded so that you can ‘retire’ at………….what ever age? Let us look at the Indian situation. Most Indian men will not know what to do once they retire (women readers please comment!!). […]
Today sadly, there is no pension plan which meets all your requirements. For example Templeton and UTI (both asset management companies) have a pension plan – and it is a one size fits all type of a plan. Typically a pension plan should have various options at the ACCUMULATION stage – when a person is […]
Many of us are likely to live long enough on this planet to need some kind of assisted living. How much exactly does staying in an old age home cost? Frankly I have not done enough research to do such a post, but here is some rudimentary info. You will need to do more research […]
Bucket theory of portfolio management….i hope you have heard it. Instead of saying what it is, let me describe a case study – and you will understand it better! Mr. A is a retired person (retired means does not do any activity to earn money, and he is fully dependent on his portfolio for his […]
There are some basic rules for investors and more importantly for Retirees: 1. What you do not understand, is not worth knowing: If a financial planner tells you ‘Sir, you do not understand this, I will explain it to you’ – please be IMPOLITE and ask him to …….. (unprintable!). NOBODY (repeat NOBODY) is interested […]
Caveat: Do not take this post seriously. It is utter nonsense. I am just producing this to show you what kind of #$%^(&* goes around – and for somebody who thinks you can retire with US $200…God bless you. This is obviously NOT WHAT I RECOMMEND TO YOU…just to tell you to be careful… http://www.agorafinancial.com/reports/PSF/Blueprint/vp/PSF_RetirementBlueprint3959AR_vpEx1.php?code=MPSFMC00&o=547439&s=551445&u=33693951&l=346674&g=154&r=Milo […]
When I speak to well informed and educated investors (and advisers) the biggest retirement income worries seem to be the following: Market volatility, Regulatory changes, Medical expenses not covered by their medical insurance, Inability to maintain a complex portfolio beyond a particular age, Inflation and poor financial understanding. All these fears seem to be valid, […]