This short post reiterates the importance of an essential debt component of any portfolio in India – Employee and Public Provident Fund. This is a… Read More »Personal Finance Rule 3 – Max out all forms of PF
The recent announcements on improvements in the New Pension Scheme (NPS see here) have created a lot of buzz around the scheme. The most impact… Read More »Wait, NPS still has issues as a retirement asset
FIRE – Financial Independence, Retire Early This long article describes a calculator that combines a set of factors to assess the feasibility of achieving financial… Read More »FIRE Up – Comprehensive calculator for Early Retirement
Endowment plans are evergreen products for the insurance industry. They receive a lot of promotion and aggressive selling. In this article, we compare this investment linked product with a separate investment product and show that it helps to not mix insurance and investment.
While it is an unfortunate fact that not many Indians plan for their retirement, there is a more worrisome fact. Even among the few who… Read More »Pension Plans – Why you should avoid them in India
Summary An ‘Annuity’ is a (financial) product that provides a steady, periodic income, over many years, to the buyer. This part of annuity makes it… Read More »Annuity Plans – What, Why, and Why Bother