What is the F.I.R.E Movement? How cool it could be if we could get off all of our financial, career, emotional and physical burdens and enjoy our lives recklessly? Your dreams might come true, as a lifestyle and monetary strategy called F.I.R.E. (Financial Independence, Retire Early) aims to achieve financial independence and retire far earlier …
In March 2023, the government formed a committee chaired by Finance Secretary T V Somanathan to explore measures to strengthen NPS benefits without returning to the non-contributory and economically unsustainable Old Pension System (OPS). The committee was formed after some states dropped the NPS favourable of the OPS. According to news sources, the central government …
NPS Big Update! Retired Central Government Employees To Get 50% Assured Pension! Read More »
Who wouldn’t love a Ferrari standing by his doorstep? Or an aristocratic house which speaks of money spent on it? We all know how powerful money is and how it puppets every other individual by either empowering or destroying them totally. However, if we as responsible individuals strategies our financial status accordingly and wisely, we …
Aren’t we all worried about our futures? People may say that only love can cherish your old hood phase but is that true? Money may not bring joy but we shall all agree that it brings stability and assurance! However we all know we are empowered by the government via the NPS( National Pension Scheme) …
NPS vs Mutual Funds! Which is best for Retirement Planning? Read More »
Are you looking for a new start in your life where you are free to make any decision without financial burden? Then, you want to achieve newer heights and get out of the rat race. “Rat Race” is a term that was first coined in the 1990s to refer to a highly competitive struggle where …
Recently, the center has cleared the interest rate of 8.15% of EPF funds, which was decided earlier in the year on March 28 by the Central Board of Trustees (CBT). The Ministry of Labour and Employment of the Government of India has cleared by a report on July 24 referring to this matter under para …
Central Government Approved EPFO Rates at 8.15% in 2022-2023 Read More »
If you’re an employee working in America, you can take the incentive of the employee’s retirement savings plan. It was introduced in 1978 with the name of the provision of the Revenue Act, 1978. In this act, if an employee serves under a company, he will get a particular percentage of his paycheck deducted for …
401(k) Plan: A Comprehensive Guide to Retirement Savings Read More »
Life has become a rush these days as one goes from one part of an activity to the other and there is always something more left to do. There is always a shortage of time and money to buy the latest gadgets and enjoy and party. Ask someone the question why they do all these …
You are well-educated, energetic, and have the passion to achieve your dream. It is the stage where your mind and body are young to function for 24*7 hours. However, the same energy is never consistent. Time flies and you enter into the retirement phase where you need a source of passive income to survive. So, …
