Summary: This article outlines a simple, step-by-step plan to build a substantial retirement corpus using mutual funds, emphasizing the power of early investing, compounding, and disciplined SIPs to achieve financial freedom. See calculator#1, and calculator#2. Introduction Why mutual funds are ideal for retirement? Imagine a situation like this, you’re on a south Goa beach side…
Summary: The EPFO 3.0 update, set for May–June 2025, will introduce instant PF withdrawals via ATMs, faster claim settlements, Aadhaar-based services, and a new mobile app, aiming to make retirement savings more accessible and efficient for over 9 crore Indian subscribers. Jump to the conclusion. Introduction If you’ve ever had to withdraw money from your…
If you’re in your 20s or 30s, retirement might feel like a distant dream. It is like a far-off goal you’d rather not think about it today. I get it. Life’s busy, bills are piling up, and saving for something 30 years away doesn’t exactly scream “urgent.” But here’s the thing, the earlier you start,…
Retirement planning is important. Why? Because this is what is going to give us financial independence after we’ve retired from our jobs/work. The planning will ensure the availability of the required funds when it’s time to retire. In India, the majority of service-class retired people depend on annuities to take care of their cash flow…
When I was 25, I was already dreaming about financial independence. On one side, my father was enjoying his job even when close to retirement, while I was considering it (retirement) at the outset itself. Read more about how to be financially independent. [Check at the bottom of this post to know, where to invest…
There are several alternatives available for investing money in India. But the problem is that, investment after retirement must be done in a specific way. Hence, the composition of ‘investment portfolio’ of a retired person is different from other people. What is the difference? A retired person plans to include those assets in portfolio which…
