National Pension System (NPS) is a government-regulated retirement scheme where you invest regularly during your working years and build a pension corpus. At retirement, up to 60% can be withdrawn tax-free, and at least 40% must be used to buy an annuity (monthly pension). It offers major tax benefits under Section 80C and an extra … Read more
If you are searching for the best large-cap funds for retirement in India, this guide will help you shortlist the right options for long-term wealth building. Retirement planning is crucial, as your salary typically comes to an end at this stage, and you should exercise caution when planning for retirement. It is not about becoming … Read more
Every serious investor in India has one question when it comes to retirement planning. Which offers a higher long-term pension IRR: NPS or mutual funds? The solution is more complicated than advertising brochures suggest. In addition to returns, the pension’s internal rate of return is influenced by taxes, lock-in regulations, annuity terms, and post-retirement flexibility. … Read more
65 20 15 Budgeting Rule in India is becoming the practical alternative to the outdated 50-30-20 budgeting formula. Rising rent, EMIs, inflation, and lifestyle costs have made traditional budgeting unrealistic for many Indian salaried households. The internet loves the 50-30-20 budgeting rule. 50% for needs.30% for wants.20% for savings. Sounds clean. Sounds smart. Sounds Instagram-friendly. … Read more
