Not all of your income will be yours even after your retirement. The tax element comes into play. This will reduce the amount that an individual has in their hands. One needs a careful estimation as well as proper knowledge to tell when and how the retirement amount will be taxed and the kind of …
Managing Funds After RetirementThe key area of retirement planning is to have an adequate level of planning in such a way that there is the required amount of funds available at the time of retirement. This is the primary aim of retirement planning but the issue of management of the funds does not end with …
Capital Planning is the process of estimating funds for the organization’s long-term strategies in the coming years. Not only are existing plans considered, but future investment returns are also considered. “There is always plenty of capital in use for those who can create practical plans for using it.” (Hill) –Napoleon Hill Preferably, companies would undertake …
The fifties are the final lap in the process. Retirement is knocking at the door and this is the time when one has to be fully ready in order to face the situation. All the work of the last few decades will start bearing fruit at this point of time and hence it is an …
An advisor will help you in selecting the right funds for inculcating investment discipline to achieve financial goals in the given time period. If one desires to seek professional advice from a SEBI registered Investment Advisor or a financial planner. A SEBI’s registered Investment Adviser will charge for the bouquet of services provided. It’s high time that one …
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All the things we need for survival are directly or indirectly from the planet itself. Few things are not chargeable like oxygen but many of the consumed materials on the planet are bought with the help of the money. The complete process initiating from extraction from the planet i.e. wood cutting to delivering opulent furniture …
As one grows older the situation both on the personal front and the professional front changes. One has to play different roles and due to this, the reaction of most people will also differ in these times. This is also a period when time seems to be flying by and hence there is a sense …
The passing of time has an impact on the manner of retirement planning. There is also a direct way in which this will impact the financial aspect of the planning process. As a person moves up in age, responsibilities multiply. There are various tasks that need to be done and along with that, there is …
MyFinopedia don’t compete but Utilize best of its Expertise Always wanted to build wealth from small investments. MyFinopedia endeavors to understand its investor’s risk appetite with the help of which we can feed the right portfolio. Before being an investor, one is always a human being. A being who has a heart who has some …
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Having a bad credit score can spell doom for your financial health and future. A bad credit score can result in rejections of finances for housing loans, car loans, credit cards, and personal loans, and if you are running a business, in that case, your clients and investment sources will dart to your competitors. Don’t …
