Case Study – When investing for 10 years pays more than investing for 30 years

I started earning when I was 23. Pretty late I guess. Nevertheless, not everything is under our control.   But benefits of starting early cannot be matched easily by other reasonable approaches (like even investing more in later years). And I did…

How much Life Insurance to Buy & How To Calculate the Right Amount?

A reader had a very specific question in Personal Financial Concerns Survey 1.0. It was about calculations related to life insurance amounts. This is what he had to say: In past, I have bought insurance policies for saving taxes and…

Not Planning for your Children-Specific Financial Goals? You will screw up your other Goals.

Retirement, Children’s Education, their Marriages and House. For most people, these are the biggest financial goals of their lives. Now at the face of it, these goals seem unrelated to each other. But if you think about it, you will…

Your Parents are not your Emergency Fund. Your Children are not your Retirement Fund.

Your Parents are not your Emergency Fund. Your Children are not your Retirement Fund. Strong and thought-provoking statements. Isn’t it? I am sure many of you will be having gut-wrenching experience right now after reading the title of this post.…

Case Study – How Wrong Assumptions Can Destroy Your Happy Retirement Plans?

So you have finally realized that it is high time that you start investing for your retirement. And to help you with your planning, you have decided to make use of free-online-retirement-calculators.The beauty of online calculators is that it is…