How to Withdraw Pension?

Pension refers to the amount you save in different forms to boost your financial security for your retirement years. This amount is usually saved through different pension schemes or investment plans. Certain plans like Employee Provident Funds (EPF) are created by your employer. In an EPF, you contribute 12% of your basic salary towards the scheme while your employer matches your contribution. This allows for a certain fund to be accumulated over time which, on maturity, provides......

Is pension taxable? All you need to know about Pension and its Taxability

Pension is the amount that one  invests  periodically in the pension fund to receive a regular income post retirement. Few organisations still create pension fund for their employees  in which employees contribute a part of their  salary each month and  employer also top it up . In addition to employer run pension schemes, most of the Life Insurance Companies also have pension products. Salaried as well as non......

Investing Mistakes to Avoid While Planning Your Retirement

​A lot of us are left feeling extremely perplexed when it comes to planning for our future goals. Especially when it comes to something like retirement planning, it can be confusing to know where to start. If you too, feel unprepared when it comes to being retirement ready, don’t worry. It isn’t too late.

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Retire at the age of 50 with these 10 Money Habits

Having an early retirement plan is an important financial goal for a lot of people. Being able to have enough savings, investments and cash on hand to be able to afford the kind of lifestyle you imagine for yourself and your family is a great goal to have. It could also mean being able to retire early and pursue an alternative career or a different goal without being w......

Benefits of Early Retirement Planning in India

While everyone knows the advantages of having an early retirement plan in place, they often delay planning it because other financial priorities weigh down on retirement plans. Other priorities such as childcare, medical emergencies and lifestyle expenses make it difficult to save money and invest in early retirement planning.

 

But to reap the maximum benefits of retirement planning, it is best to start a......