FIRE = Financial Independence and Retiring Early

  Now that’s a new FIRE to burn inside you. And wouldn’t you want to be FIREd like that? 😉 If words like Financial Independence, Financial Freedom and Early Retirement fascinate you, then you would be interested in reading further.…

Done Your Tax Planning? But what about Financial (Investment) Planning?

For most people, tax planning and investment planning are one and the same things. “I have already utilized the full limit of Section 80C. What else is left to invest for now?” – was the response of a friend, when…

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…

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

Your Parents are not your Emergency Fund. Your Children are not your Retirement Fund. Those two are strong and thought-provoking statements. Isn’t it? I am sure many of you will be having a bit of a gut-wrenching experience right now…

Building Wealth through SIP Investing in Mutual Funds: Case Study (2021)

Are you looking to grow your wealth using SIP in mutual funds in India? Then this SIP success story will inspire you. SIP or Systematic Investment Plan is the most sensible way to build long-term wealth from equity mutual funds…

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…