Why Retirement Planning is called the ‘Nastiest Problem’ in Finance?

Our personal finances can be full of tough questions. And one such tough question is: How much money do I need to retire in India? Most people are yet to start planning properly for their retirements. The reason is obvious.…

Can a Financial Plan really sort out Your Life?

Recently, a client of mine completed a year with me. Since I clearly remembered his first interaction with me (will share details later), I thought it would be useful for me to understand his view about financial planning and its…

Why commission based Mutual Fund Distributors (Agents) are unable to give proper financial advice?

Why commission based Mutual Fund Distributors (Agents) are unable to give proper financial advice? That’s a strong statement to make. Right? But this is a fact. Let me try to explain why I am saying this. But first, I hope…

What is Goal-based Financial Planning Anyway?

When it comes to investing, most people are concerned whether their investments doing good - with respect to a benchmark or not (this benchmark can be an index, a friend or even a well-to-do family member). But ask them about…

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…

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.…

2 Colorful ‘Periodic Tables’ of Asset Allocation – Useful Visualizers for Financial Goal Planning

One of the most important concepts in financial planning is Asset Allocation. And without doubt I can say that, majority of people don’t get it right. That is the reason, these people end up with inadequate funds, when the goal-date…

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…