On Christmas, Show Old Parents You Care With These 5 Financial Gifts
Your old parents may not ask you for help, but you can find out their needs and support them financially.
How Do You Transfer A Gold Loan From One Lender To Another?
However, one must weigh whether the benefits offered by the new lender can compensate for the prepayment charges of the existing loan.
Are Liquid Funds A Good Choice For Emergency Corpus?
Both liquid and long-duration instruments like annuity, public provident fund (PPF), National Pension System (NPS), etc., are necessary to make the portfolio effective for all situations
5 Ways To Ensure Steady Cash Flow Post-Retirement
Retirement is the next big phase of your life; as such, you will need to plan carefully to ensure regular cash flow and a corpus that can outlast you
Should Senior Citizens Take A Loan Against Property? 5 Things To Consider
A loan against property (LAP) is a secured, collateral-based mortgage that senior citizens can use to meet their needs
CBDT Invites Applications From Retired Central Govt Employees For Consultants; Know Details
The candidates’ age must not exceed 65 and must be thorough with office procedures, rules, and regulations; their remuneration will be the last pay drawn minus pension
From Smartwatch Gold Charms To Vanki Rings: Chic Gifting Ideas That Seniors Can Explore This Diwali
A new rage for multi-occasion jewellery has opened many gifting options for every age and style.
5 Ways Seniors Can Invest In Gold For Post-Retirement Income
Although jewellery, coins, and gold bars are the oldest methods to invest in gold, the contemporary world offers many avenues for gold investing, such as ETF, digital gold, etc.
Should Seniors Invest In Gold For Passive Income?
Financial security is vital in old age, so should senior citizens consider gold investments for passive income? Learn more.
Should Seniors Consider REITs Investment For Passive Income?
Cash flow is a critical aspect of retirement planning. While there are several income options post-retirement, seniors can also consider investments in Real Estate Investment Trusts (REITs).
Central Govt Pensioners To Get 4% Higher DR: Know Who Are Eligible, When They Will Receive It?
The Finance Ministry had declared a 4 per cent hike in dearness relief (DR) from 42 per cent to 46 per cent for the central government pensioners, effective July 1, 2023.
3 Problems Seniors May Face When Applying For A Loan
Loans play an important role for seniors who want to achieve their financial goals using their limited source of income. However, getting a loan can be challenging as they may face several hurdles.
Union Cabinet Hikes DA, DR By 4% For Central Govt Employees, Pensioners
The Central government revises the Dearness Allowance (DA) for its employees in January and July every year to mitigate the impact of inflation.