One of the challenges people face when planning their retirement is to ascertain where to invest money so that they can get adequate income to meet their expenses. Unit Linked Pension Plan (ULPP) is one of the options that they can choose, but should they rely only on it for retirement planning?

Retirement planning is a long-term process that requires consistency to achieve your retirement goals, whether it is accumulating a particular amount of corpus, building some assets, or setting up the system for a fulfilling post-retirement life

Over 60 per cent of India’s Sandwich Generation feels that they are not prepared for their future and that their efforts in planning their financial stability are never enough

Ayushman Bharat Yojana provides health insurance but if the services are denied by an empanelled hospital or if other issues arise, one has the right to raise a grievance regarding it

Sitharaman proposed that interest income from fixed deposits up to Rs 1 lakh for one financial year will become TDS exempt from FY26. However, if the annual interest amount crosses Rs 1 lakh the senior citizen will then have to pay the TDS applicable to their interest income

This new move is to prevent the sharp rises in premiums. The regulator came up with this decision in response to increasing concerns of affordability for health insurance from the elderly policyholders

It is already too late for someone who is over the age of 50 and wants to start retirement planning, according to Vishal Kapoor, CEO of Bandhan Mutual Fund

“40 is the new 60,” Ahuja began, pointing out a growing trend in which professionals in their early 40s are considering retirement or significant career shifts. This shift is not just anecdotal; data and surveys consistently show that many people feel their careers peak around 40

For 2023-24, the interest rate was set at 8.25 per cent, and reports indicate that EPFO is likely to maintain this rate for 2024-25 as well. A decision is expected at the upcoming February 28 meeting of the Central Board of Trustees

Central Bank of India, Dhanlaxmi Bank, DCB Bank, J&K Bank, and Unity Small Finance Bank revise fixed deposit interest rates during the week ending February 15, 2025

These changes are supposed to create fewer bureaucratic hurdles and a smoother experience for EPF members, pensioners, and those changing jobs. Keeping up with these updates will help you manage your PF account better and avoid unnecessary stress

With the TDS threshold doubled for senior citizens in Budget 2025-26, along with RBI’s repo rate cut decision in the February 2025 MPC meeting, banks are expected to cut rate too. For seniors looking to invest in fixed deposits, this could be the time to lock in money at higher rates

While NPS is a robust tool for retirement planning, its efficacy depends on how well it’s integrated into an individual's broader financial strategy

Devina Mehra of First Global outlined the importance of diversification, focusing on strong fundamentals, managing risks, investing globally, and keeping a long-term perspective to succeed in stock-picking strategy

Focusing on others’ perceived successes can lead to poor investment decisions. It’s important not to compare oneself to others without considering the risks they might have taken

Mahendra Kumar Jajoo, CIO - Fixed Income, Mirae Asset Investment Managers (India), spoke about the importance of diversifying portfolios with debt and why it is an essential asset class

Senior citizens in India are secured for maintenance in India under the Maintenance and Welfare of Parents and Senior Citizens Act, 2007, however with the conditions applied

Intergenerational senior living projects address the needs of seniors while at the same time ensuring they are not segregated from younger generations. However, managing such communities requires harmonised solutions

India is a place of beauty that boasts quaint retreats, pristine beaches and fine dining restaurants for a candle-lit dinner

Side gigs and stable cash flow are both important for various reasons, such as active mind, active income, long-lasting retirement corpus, and better lifestyle. Here are the benefits of a side gig and cash flow in retirement

Retirement spending can go out of control due to lack of budget or self-control. Here are a few tips senior citizens can follow to effectively divide their corpus under different heads for effective budgeting

India’s coffee and tea plantations are celebrated tourist attractions for tasting tours and stays which are promoted through festivals. Here’s all about Coorg’s famous coffee plantations

Hyderabad is the place of royalty and is most recommended for those craving an enriching experience of India’s royal heritage, delicious food and history

Manali is a beautiful places with picturesque mountains and green-lush peaks that provide a revitalizing experience for the travellers

Here are a few things to keep in mind before planning your trip to ensure your travel plan is flawless and you have a memorable experience.

It is important to consider the portfolio’s average return and the sequence in which those returns were earned to create a foolproof investment portfolio.