Searched for
RETIREMENT SAVINGS
How one email cost a 77-year-old retiree $390,000 and his retirement plansJeffrey Maas, a 77-year-old retiree, lost his life savings after falling for a scam. He received a fake email about an antivirus charge tha...
EPF wage ceiling at Rs 25,000: What it means for employees, employers and take-home payThe Union Cabinet approved raising the EPF wage ceiling to Rs 25,000. This change impacts mandatory PF contributions for employers and empl...
Rs 1.68 crore investments, Rs 89,000 monthly MF SIP. Can this 40-year-old investor retire at 50?A 40-year-old investor based in Pune is on a mission to retire by age 50 while providing for her two children’s education. With savings of ...
Your house is worth Rs 2 crore, but are you really retirement ready?While an expensive home is nothing less than an achievement, you must remember that the house in which you live produces no rent at all. Ap...
Ireland's retired wind-turbine blades are getting strange second lives; old power equipment is now becoming benches, bike parking and picnic tablesIreland's retired wind-turbine blades are getting strange second lives; old power equipment is now becoming benches, bike parking and picni...
EPF wage ceiling hiked to Rs 25,000: How much employees gain and what it costs the governmentIn a significant move, the government has lifted the provident fund wage ceiling to Rs 25,000 monthly, bringing over 51 lakh new employees ...
₹25,000 EPF wage ceiling: What employees need to know about EPF, EPS and EDLIThe Employees Provident Fund Organisation has introduced a new wage ceiling of Rs 25,000, which will directly influence the contributions m...
Senior living in India: Can buying a retirement home drain your savings?Senior living communities offer security, healthcare support, maintenance-free living and companionship. But moving into one can require a ...
EPFO wage ceiling raised to Rs 25000 per month; over 10 million formal sector workers to benefitThe enhanced wage ceiling, approved by the Cabinet on Wednesday, will put additional financial burden on employees and the government while...
EPFO wage ceiling hike may cover up to 1 crore more workers: Union Minister Mansukh MandaviyaThe EPFO wage ceiling has been increased to Rs 25,000 per month. This change is expected to bring between fifty lakh and one crore new bene...
70% think Rs 1 crore is enough for retirement; can it meet your retirement goal?Is Rs 1 crore enough for retirement? A new study reveals declining confidence among urban Indians, with many accumulating only 28% of their...
‘Biggest crash in history has begun’: Rich Dad Poor Dad author Robert Kiyosaki sounds the alarmRobert Kiyosaki has warned of a potential historic stock and bond market crash, saying the downturn began in Europe and Japan and could spr...
Should I take education loan or break my investments to pay Rs 21 lakh for my son’s MBBS degree?ET Wealth Reader's Query: I am 48, planning to fund my son’s MBBS degree at a private medical college. The fee is about Rs 21 lakh a year f...
A 75-year-old Chinese woman spends Rs 4.3 crore of her life savings on beauty treatments, including a Rs 5.7 lakh lip tattoo; forced to sell jewellery to pay rentAn elderly woman in China spent her entire life savings on beauty treatments. She paid approximately Rs 4.3 crore for various procedures at...
Pension Sakhis to take retirement security cover to rural IndiaThe Department of Rural Development and PFRDA will create Pension Sakhis across rural India. These women will facilitate pension enrolment ...
Is senior living worth the cost? Financial trade-offs seniors and families need to consider before making the moveAs families shrink and longevity rises, senior living offers independence, companionship and security. But the comfort comes at a real cost.
Rs 2.5 crore retirement corpus: Can you get Rs 2 lakh monthly income for 25 years?Strategic planning of retirement withdrawals from a Rs 2.5 crore fund is essential for financial security. Adopting a conservative withdraw...
Will your NPS linked retirement get derailed if you change your job? Here’s what you can do to keep your retirement on trackChanging jobs? Make sure your National Pension System (NPS) account doesn’t get overlooked. Learn how your Permanent Retirement Account Num...
Indian retirees and the equity gap: Is your retirement corpus too conservative?
Indian retirees missed out on equity wealth: How decades of pension-led retirement saving left portfolios stock-lightFor the longest time, we had a defined benefit plan. Even today, we have around us many retired government and public sector employees (and...