The decision of India’s Employees’ Provident Fund Organization (EPFO) board to split its payout for 2019-20 into two parts—8.15% from its bond investments right now and 0.35% from its equity investments later this year—was unprecedented alright. But it was no big surprise, given the poor performance of its stock portfolio. Provident fund (PF) subscribers should...
Money with Monika The Corona Conversations Season 4 Episode 23: 6 ratios for your financial life In @livemint The Covid-19 pandemic has forced people to ask some tough questions about their money life. How much should one be spending and saving? How much should one spend on EMIs? How much life insurance should one have?...
Striking a balance between not doing enough and doing too much is tough for money, as it is with relationships. Do too little and a guilt nags at you each time you have a moment. Do too much and you sacrifice your today for limited future gains and life becomes about not living. I’ll leave...
Our spends are down and so is the income. Good time to differentiate our 'need vs greed' choices.
What if there was a government bond that could assure us of a standard of living indexed pension?
Retirement ages and mindsets were fixed 100years ago when people lived to about 55 years. With life expectancy rising rapidly, we need to rethink our pensions and retirement plans.
Inflation hits the retired both when it rises and when it falls. Rising prices hurt, but so do falling deposit rates.
Whatever route you use - income multiplier or expenses, the corpus you need at retirement is a large number
It is easier than you think to get to the 30% saving number. I continue the conversation on retirement.
My column on retirement in HT