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 […]
Amazing what the 2003-2007 boom in the markets have done to people! Many people have taken their income from 2001-2007 and are extrapolating that growth over the next 20 years, so some of them are hoping to retire on a salary of Rs. 3 crores a year – at least that is what the excel […]
10 Basic Retirement tips – long forgotten! You have heard them all, have you not? Start early, save regularly, investing in fluctuating assets like equity when you are young – then shift to bonds by the time you are 55…etc. However what use is this advice if you are 53 already? And suddenly it dawned […]
“Let us get the basics right, Subra, if you want to be safe, you should invest in gilt. Equities, equity mutual funds, etc. are for the rich people who read your blog NOT FOR middle class people like me. I am a bank manager and I have all my money in bank fixed deposits. […]
Most people who talk to me are worried about 3-4 things in Retirement. Nobody seems to be worried about death – death is perhaps welcome once their ‘responsibilities’ are over. What worries them about retirement: a) Will we out live our corpus: apart from usage assets (assets that are held for usage, not appreciation or […]
Post Inflation (which is saying Real returns) in the US market was a NEGATIVE 3.4% P.A. from the period 2000-9. Is this the first time that it is happened? No. 3rd time since 1820…. Moral of the story? when you meet an adviser ask him…NOW WHAT……you told me 1 year is long term…even in 10 […]
At what age should one retire? How much money should a person have for retirement? Is retirement an age or a sum of money? Are there any great activities that I love to do which is PULLING me towards retirement or is the calendar PUSHING me towards retirement? These are questions that an individual […]