Retirement Planning Archives - Mymoneysage Blog

5 reasons to invest in REITs and InvITs | My Money Sage

August 2, 2019 | by KishorKumar Balpalli | Financial Planning, Investment Planning, NRI, Personal Finance, Real Estate, Retirement Planning

While investing in Real Estate retail investors face two challenges one is the ticket size and the other one is liquidity, this is where REITs and InvITs come handy. Get your financial plan done by a Registered Investment Advisor. Its FREE, but spots are limited. . Register now What are REITs and InvITs? Real Estate Investment Trusts (REITs) Read more...
7 Money Lessons from Boris Becker & Mike Tyson | My Money Sage

July 9, 2019 | by KishorKumar Balpalli | Financial Planning, Investment Planning, Retirement Planning

Tennis star Boris Becker and heavyweight boxing champion Mike Tyson have a lot in common. Becker was the youngest champion to win the men’s singles trophy at Wimbledon at the age of 17. He was also the youngest winner of a Grand Slam title in men’s singles. Tyson became the youngest heavyweight boxing champion at the age of 20. And, both of them went from riches to rags. Get your financial plan done by a Registered Read more...
Financial Independence vs Regular Retirement |My Money Sage

June 12, 2019 | by KishorKumar Balpalli | Financial Planning, Retirement Planning

Financial Independence/Freedom is a state in which you have enough wealth to lead your entire life comfortably, without having to work for it. In other words, you would have attained financial freedom when your passive income exceeds your expenses. In this article, we will be looking at regular retirement vis a vis FIRE (Financial Independence Read more...
10 NPS(National Pension Scheme) withdrawal rules that you should know | My Money Sage

June 8, 2019 | by KishorKumar Balpalli | Financial Planning, Investment Planning, Retirement Planning

The government introduced the National Pension Scheme (NPS) to provide a regular income to retired people. The NPS offers a range of withdrawal options before and after retirement. Here we will look at the different options for withdrawal from the NPS. Let’s take a closer look at the NPS withdrawal rules that apply to different Read more...
Budget 2019: How will it affect your finances?

February 4, 2019 | by Research Desk | Advisor Zone, Financial Planning, Investment Advisor, Investment Planning, Loans, Personal Finance, Provident Fund, Retirement Planning, Small Savings, Tax Planning

Stand-in Finance Minister Piyush Goyal presented the interim budget on February 1, 2019. It proposes tax breaks and sops that will have a positive impact on your finances. The new government that takes charge after the approaching elections will present a full budget. The interim budget proposes sops for the middle class, farmers, and unorganized Read more...
9 Mutual Fund investing myths busted

October 31, 2018 | by Research Desk | Financial Planning, Investment Advisor, Investment Planning, Mutual Fund, Retirement Planning, Small Savings, Tax Planning

Here is a list of Mutual Fund myths that you should be aware of… Very few people realize that investing in mutual funds for the long term is one of the smartest and safest ways of building wealth. Commonsense, discipline and patience are all you need to create a large corpus by investing in mutual Read more...
How to become a Registered Investment Advisor (RIA) in India

September 27, 2018 | by Research Desk | Financial Planning, Insurance Planning, Investment Advisor, Investment Planning, Personal Finance, Retirement Planning, Tax Planning

Here are the details that you should be know to become a Registered Investment Advisor (RIA) in India, Before SEBI RIA regulations, anyone could start working as an investment adviser. Therefore to protect the interests of investors, the capital markets regulator SEBI introduced the Securities and Exchange Board of India (Investment Advisers) Regulations, 2013. These Read more...
Why and How of Systematic Withdrawal Plan (SWP)

July 28, 2017 | by Research Desk | Mutual Fund, Retirement Planning

Here’s : With a Systematic Withdrawal Plan (SWP), you can withdraw a chosen sum of money from a mutual fund at specified intervals. The intervals relate to a fixed date of every month/once in every two months or every quarter. You may initiate an SWP to fulfil your Read more...
New Pension Scheme (NPS): Tier 1 vs. Tier 2

June 6, 2017 | by Research Desk | Investment Planning, Retirement Planning

Here are few differences about New Pension Scheme (NPS) Tier 1 vs. Tier 2: In a country, whose citizens still lag behind in retirement readiness, and frown upon the mandatory contribution to the Employee Provident Fund (EPF), the introduction of a pension plan, where the contribution was voluntary, raised many eyebrows. Experts were sceptical about Read more...
Pradhan Mantri Vaya Vandana Yojana (PMVVY)

May 27, 2017 | by Research Desk | Personal Finance, Retirement Planning

Here are a few guidelines about : was announced by the government in Budget 2017. The ambitious scheme aims to provide social security to the senior citizens. PMVVY works on the similar lines of the erstwhile Varishtha Pension Bima Yojana (VPBY) launched by the Read more...