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Showing posts with the label retirement plans

Is 5 crores enough to retire in India?

Many people want to save enough money for their future so that they can retire and enjoy their life in a peaceful manner. They always worry about how much money would be enough so that they can survive the rest of their lives without having to work. In this regard, let us discuss some crucial issues you need to consider when you are planning to retire. While some people feel that having one crore is sufficient to retire, few others feel that they need more than 5 crores to be able to lead a comfortable life in future. Factors to consider before planning your retirement There are many factors you need to consider before thinking about retirement. Remember that it is not a simple decision to take in your life and you will be leaving a steady source of income in most cases when you retire from work. The job market is very competitive and it may not be very easy to get a suitable job in future when you stop working for few years. In this situation, if you are past the age of 50 ...

5 Best Investment Options for Retirees

Retirement is the age when your earing period comes to end, either willingly or by force. Not everyone opts to end their earning period, some prefer to work even after their retirement age or some resign their job even before. It is up to a person, as to what sort of retirement they want, but sure everyone looks for a safe and secure retirement without worrying about expenses and bills. As a retiree, everyone wants to keep their retirement fund away from any tax liability and get a regular income. But to build a retirement portfolio with a blend of fixed income and market linked investment is a big task for retirees. It is always better to plan your retirement in advance and invest carefully in various plans to have a safe, secure and fixed monthly income. Here are 5 best investment options for retirees, to have a better retired and no earning period in their life. These investment plans provide for regular monthly household expenses and build a retiree portfolio which is a p...