Objective of retirement planning is to accumulate sufficient corpus which can generate regular income after retirement. Unlike most other developing countries, India does not have The Universal Social Security System to protect the elderly against economic deprivation. Hence government introduced a defined contribution based pension system. National Pension System or NPS is a government run […]
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This is a common statement I hear nowadays that I’m fed up of my routine job and want to do something of my own. Some of them even try their luck but only few are successful due to the fact that they opt for the right methods of funding their new ventures. Following the right […]
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Sachin and Rashmi Saxena live in Jaipur and are working with private firms. Sachins monthly income is Rs 1 lakh and Rashmis Rs 40,000.They live in their own house. They have a daughter (3) and a son (2 months).They aim to accumulate a corpus for their kids higher education when they turn 21,followed by their […]
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A child’s professional or higher education is one of the most important financial goals for every parent . Parents start imagining right from their child’s birth that their baby will grow up to become a doctor, engineer, pilot or an astronaut. But with the cost of education increasing drastically over the past few years, […]
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Sachin and Preeti both work in a private firm in Mumbai. Apart from his regular job Sachin also runs a small fitness centre. Like every person’s life, Sachin’s life is also ebbing out certain challenges for him to deal with. A bunch of investments going wrong together have brought down his reserves remarkably and the […]
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