The Reserve Bank of India kept the repo rates unchanged for the second time in a row this year. Does this mean the peak of rates and a good time for you to invest in long-term fixed deposits?
The Reserve Bank of India kept the repo rates unchanged for the second time in a row this year. Does this mean the peak of rates and a good time for you to invest in long-term fixed deposits?
RBI has yet again kept the repo rate unchanged at 6.50 per cent, stressing that despite softening in the inflation, it will likely remain above its target through FY23-24
Technological advancements happened so quickly that they made many of the elderly and senior citizens vulnerable to financial fraud. How senior citizens can stay safe from financial fraud?
NewsThe RBI committee evaluated the regulated banks and NBFCs’ customer services, best practices followed, and customer needs before offering specific suggestions to improve the public services
Retirement planning is crucial for a financially secure future, and avoiding common mistakes is vital. From procrastination to underestimating expenses, here’re at least five retirement planning mistakes to steer clear of. Read on to learn more.
Over time, planning for the future becomes the topmost priority, especially for senior citizens. Estate planning becomes an important task, meant to be done with utmost care and alertness. Here are some important points that senior citizens should mention while writing a will.
Health risk increases as we age, and so adequate insurance coverage is crucial. Here we explore the options available for senior citizens to get possible higher coverage post-65.
Equity & Mutual FundsWhile avenues like the Senior Citizen Saving Scheme (SCSS), higher interest rate fixed deposits, etc., are created for seniors, are debt funds also a suitable investment option? Learn more
Incorporating the National Pension Scheme (NPS) into your retirement planning portfolio can significantly enhance your long-term financial security. Here’s how
Regular income is one of the necessities of life. An annuity for retirement income is a personal choice that depends on your individual circumstances and financial goals.
Fixed deposit schemes have become one of the senior citizens’ most sought-after investment tools, thanks to small finance banks that are offering over 9 per cent interest rates
Cash FlowSenior citizens may come across financial situations when they can’t get immediate access to their savings. In such a situation, personal loans for pensioners can prove to be a handy borrowing tool
After retirement, you may want to settle down and plan to buy your own home. While an under-construction property may look cheaper, it’s often a better choice to go for ready-to-move-in houses
Here is how travelling in a group is better for senior citizens
A senior citizen has three investable options in the low-to-medium risk category post-retirement but they must carefully scrutinise them for suitability.
