Planning

Investor’s Behavioral Psychology

Reminding 3B’s Of Investor’s Behavioral Psychology

Finance and Economy, Financial Planning, Investing, Stocks Market / By / July 29, 2023

Behaviorism could be a theory of learning that supported the concept that everyone’s behaviors are acquired through conditioning. Conditioning occurs through interaction with the environment. It is believed that our responses to surroundings stimuli in designing our acts. Behavioral psychology is that the root of each financial decision we make. The thought behind behavioral psychology …

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Retirement Planning Steps

5 Basic Steps of Retirement Planning

Goal Planning, Planning, Retirement Planning / By / July 29, 2023

Retirement Planning ProcessThe retirement planning process consists of several steps. While details might differ from individual to individual, the broad outline remains the same. Set Your Financial GoalsThere is a wide range of areas relating to retirement for which one would like to set goals. One has to remember that the goals here will include …

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What is Pension Scheme

What is Pension Scheme? Types Of Pension Plans? Retirement and Pension!

Pension, Planning, Retirement Planning / By / June 8, 2022

PensionOne of the most common ways in which an individual receives amounts at the time of retirement is a pension. A pension is a regular payment received by an individual from an entity who can either be his employer or some other institution like a mutual fund or an insurance company. Pension plays a very …

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Pre And Post-Retirement! Meaning, Benefits, and Needs

Planning, Retirement Planning / By / June 7, 2022

Pre And Post-Retirement EffortsThe process of retirement planning is not a one-time or even a one-step process that is completed in a short period of time. The process has to be performed over a long period of time, which will often last an entire lifetime. The process also has to be continuous so as to …

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Need For Retirement Planning

Need For Retirement Planning. Why It is Important?

Planning, Retirement Planning / By / June 4, 2022

The first question people ask is does the process require so much planning that one has to classify it under a separate head. But, it is very difficult to do retirement planning unless you are convinced about its need. The idea is that each individual should ensure they are consciously trying to save money for …

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Concept Of Retirement Planning

Concept Of Retirement Planning ! How Does It Work ?

Planning, Retirement Planning / By / June 3, 2022

Once the need for planning is realized, the actual concept of retirement planning begins. It is a process of determining the financial goals at the point of their retirement. It involves keeping aside sums to ensure that funds are available and these funds are invested in the appropriate areas to achieve the goals set. Further, …

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