Step By Step Process To Execute Your Financial Planning
While more and more people are proceeding towards living an over-the-top EMI driven lifestyle forcing them to live a pay check-to-pay check life, thinking about financial planning itself is a sign denoting a financially independent, secured, stable and organized future. As it’s rightly said that a goal without a plan is just a wish, all your goals related to your financial stability,...
6 Common Estate Planning Disasters And How To Avoid Them
Estate planning involves preparing for accumulation, maintenance and distribution of an estate in an efficient manner which shall be in sync with your end goals. Contrary to popular belief, people belonging to all the rungs of society have the right to plan their estate for maximizing its value and passing it over to their heirs in a hassle-free manner. Today we are going to take a look...
Trending or Traditional; Mutual Funds VS Fixed Deposits
Ambassador car was once a top gun of Indian automobile industry. Leaving apart the look factor, it was one solid performer in terms of strong body, spacious indoor and superb mileage. It was impossible to think of any suitable alternative of ambassador during the 90’s era. But a decade and significant automobile innovations later, the ambassador can hardly be traced in the automobile...
Features and Benefits of Senior Citizen Savings Scheme
The SCSS (Senior Citizen Savings Scheme), launched in the year 2004, was a considerable hit as it gave higher returns on the investment. It contains all the elements that a senior citizen investor could ask for: fixed returns, immunity of capital and regular payoffs. Under the Section 80C, the Senior Citizens’ Saving Scheme (SCSS) also provides tax benefits and premature...
Cost of delay in Retirement Planning
The best time to plant a tree was 20 years ago. The second best time is now.” – Chinese Proverb Right time to start retirement planning is NOW! Ideally the day when you start earning we should start saving for retirement. But it rarely happens. Many time we get retirement planning advice but very few people implement the advice immediately. Delays in implementing the retirement plan is...