I was recently quoted in Economic Times WEALTH (4-10 March 2024) in the Q&A section where a panel of experts answers readers' questions related to various aspects of their personal finances. The exact question is given below - Here is…
Category: Financial Planning
Quoted (Economic Times) – How to Invest Rs 60 lakh for 50% Growth & 50% Income for Senior Citizen?
I was recently quoted in Economic Times WEALTH (8-14 January 2024) in the Q&A section where a panel of experts answers readers' questions related to various aspects of their personal finances. The exact question is given below - Here is…
How to Optimize Rs 50,000 SWP from Rs 1 Crore Corpus for Regular Monthly Income?
If you started in January 2013 with Rs 1 Crore in Liquid Fund (say for example - ICICI Pru Liquid Fund) and did a SWP of Rs 50,000 monthly, then to date, you would have withdrawn a total of Rs…
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EPFO’s New Formula for Calculating Higher Pension on Actual Salary (Circular June 2023)
The EPFO has released a circular in June 2023, which finally announces the new formula for computing pension on higher salary, instead of the existing statutory limits. That is, now we know what will EPFO use as pension calculation method…
Read More EPFO’s New Formula for Calculating Higher Pension on Actual Salary (Circular June 2023)
Should I Choose EPFO’s higher EPS Pension offer & contribute Lumpsum from EPF in 2023?
Should You Choose higher EPS Pension offer by EPFO & contribute a lumpsum from EPF in 2023? The EPFO subscribers have been in a dilemma about this over the last few months. And rightly so. The impact of the decision…
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My Mutual funds are Falling. I am Worried. What to Do Now?
The stock markets have been bleeding. And the fall in stock prices is also reflected in the fall in NAVs of mutual funds and the value of most investors’ mutual fund portfolios. I got a few emails and several messages…
Read More My Mutual funds are Falling. I am Worried. What to Do Now?
Financial Planning in the 30s sets Strong base for a Solid Financial Life later
In your 20s, life is actually not too burdened with responsibilities and other complexities that come later. You have started earning (well), have very few burdens and responsibilities and are full of energy. It's when you cross from the 20s…
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Do HNIs (High Networth Individuals) need Financial Planning?
HNIs or High Networth Individuals are smart people. They have wealth. More importantly, they know how to make more money from their business and other income sources. But that’s not all. They also understand that they need to generate more…
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NAV Difference – Direct Vs Regular Plans (2023)
Is NAV different for Regular and Direct plans of the same mutual fund scheme? The answer is Yes, it is. And the Direct plan NAV will always be higher than Regular plan NAV. It has to be. And the reason…
Asset Allocation Quilt – No Asset Works Well Every Year. But…
Asset Allocation Quilt 2021 for Indian markets. I came across this interesting depiction of asset class performance chart in a tweet (link). Have a look at the below quilt and spend some time studying it. The table (or quilt) above…
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Why You Should Open a PPF account for Minor Children (2023)?
Should you open a PPF account for your children? The answer is YES. Can you open a PPF account for your children? Yes. The PPF account rules allow you to open a PPF account for minor children. And what is…
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I can invest Rs 50,000 (50K) per month. How to start (Updated 2023)?
I got a mail from a young reader. Here is the summary: “I am 28 years old. Due to a job switch recently, I can now invest close to Rs 50,000 per month. I already have Rs 10,000 monthly EPF…
Read More I can invest Rs 50,000 (50K) per month. How to start (Updated 2023)?
Is Rs 5 Crore Enough to Retire in India (2023)?
Is Rs 5 crore enough to retire in India? Rs 5 crore is not a small amount. At all. And to be honest with you, if your expenses are reasonable, I think that Rs 5 crore would be sufficient to…
7 Best Investment Options for Salaried Indians (2023)
When we Indians start earning for the first time, the first brush with savings happens via EPF deductions. Your salary is automatically deducted and some amount goes towards your EPF corpus. Then comes the first tax-saving season. When we wake…
Read More 7 Best Investment Options for Salaried Indians (2023)
I am 30. Want to Retire at 50. How much to Invest Monthly?
I got a mail from a reader asking how much he needed to invest to retire at the age of 50. He is 30 and said that he had practically no savings at all. So it's like starting your investment…
Read More I am 30. Want to Retire at 50. How much to Invest Monthly?