In one of the earlier posts on Retirement Planning, I had discussed the importance of starting early, portfolio diversification and a few psychological investments to get you on right financial track. By starting early, you get the power of compounding behind you and your small (involuntary) contributions can result in a significant corpus by the… Continue Reading
Most people start thinking about retirement when they breach 35 and get serious about retirement planning when they hit 40. Most of them don’t have much idea about how much they need for retirement. Most are fixated to a randomly large number say, 2 crores or 5 crores. When they don’t know how much they… Continue Reading
What has to happen before you think you are in a debt trap? Does default of your EMI payments or credit card payments count as a debt trap? Or is there a less critical situation which can also be termed a debt trap? What about when you do not make your credit card payments in… Continue Reading