Without a bank account, life can be financially miserable, but having too many bank accounts can also make your life financially miserable. Do you want to know why?

Are you a senior citizen with an income below the taxable limit? Filing an income tax return (ITR) can offer several benefits; however, sometimes, not filing an ITR can cause trouble, too!

Are issues like job stagnation, health problems, stress, and domestic reasons driving some people to opt for voluntary retirement?

A financial emergency is a difficult situation to be in, and can be rather distressing for senior citizens, who may not have ready cash available with them. So, here are three ways in which they can arrange funds in the event of a financial emergency

A reverse mortgage is a loan, typically obtained by cash-strapped older homeowners, based on the property’s current assumed market value, which they receive in instalments.

There are several benefits that central government employees receive after retirement; learn more. 

Eighty-five per cent of people have cited financial insecurities as the reason for their plans to continue working after retirement, an HSBS survey conducted in several countries revealed.

The Reserve Bank of India has advised states against reverting to the Old Pension Scheme, as it will impose a financial burden 4.5 times higher than that on the existing National Pension System

The efforts are to increase the penetration of pension schemes by making the NPS products easily available to the public

The fund’s five-year lock-in would encourage investors to remain invested for a long period and reap the compounding benefit.

Super senior citizens can submit their life certificates from October 1, 2023. The government has issued guidelines for banks to follow. Learn more

The benefits of NPS are many, including tax savings, asset choices, and ease of investment. When Investing in NPS, it gives you various options to choose from, which one should you go for?

The PFRDA recently announced introducing the NPS Tier II default scheme option for government employees. It is an effort to make investment in NPS Tier II easy without separately selecting the fund managers for managing their money.

Ahead of RBI's Monetary Policy Committee (MPC) meeting from October 4-6, 2023, these two private-sector banks have revised the interest rates on FDs. Check details

Despite a big retirement corpus, many retirees still fear how they would spend their lives on a fixed income. Some budgeting fixes can make it easy for them to live on a fixed income.

One of people's biggest concerns is having enough corpus to survive post-retirement life. Everyone should think about how they plan today to make their tomorrow financially secure.

While language acquisition may pose some challenges, following these seven tips can significantly enhance your language-learning journey

Seniors will account for 19.5 per cent of India’s population, or around 194 million by 2050, providing immense opportunities for growth in senior specific services, while also posing challenges on account of living issues as a result of loneliness and rising instances of nuclear families

These senior-friendly historical destinations around the world offer accessibility, discounted options, and enriching experiences that cater specifically to older travellers

As part of our weekly series on senior citizen profiles, Outlook Money, this time, features the story of Kanpur’s retired Union Bank of India officer, Shashi Kant Gupta, whose inspiring life journey will help others chart their own path towards financial freedom.

By Following These Tips, You Can Navigate Airports, Trains, And Buses With Ease, Ensuring That Your Journeys Are Safe, Comfortable, And Enjoyable

The Employees’ Provident Fund (EPF) is a social security scheme for salaried employees. However, they can withdraw from the corpus prematurely in certain circumstances.    

Exploring these European cities is not only a memorable journey but also a testament to the enduring spirit of wanderlust, regardless of age

As part of its series on senior citizen profiles, Outlook Money, every week, features people’s life journeys to inspire and instruct others from their experiences. Here, we feature I.P. Mishra, an accountant on a job extension at a Kolkata-based tea company

If you don’t invest in products suitable to your needs, your retirement goals will remain a dream, regardless of the fancy assets that you acquire

The elderly are more susceptible to digital frauds, but a little awareness and carefulness can keep them safe. Read on to know what can help them