CA Nitin Kaushik says most people fail to build wealth not because they earn less, but because they rely ...More

CA Nitin Kaushik says most people fail to build wealth not because they earn less, but because they rely on motivation instead of systems. He explained that human psychology often leads to inertia and impulsive spending. Kaushik suggests automating investments and using financial tools with withdrawal restrictions to reduce dependence on willpower. According to him, the right financial architecture can turn consistency into a long-term wealth-building advantage. ...Less

A 35-year-old investor from Hyderabad, aiming to retire in the next 10 years, sought expert advice on whe ...More

A 35-year-old investor from Hyderabad, aiming to retire in the next 10 years, sought expert advice on whether his Rs 42,500 monthly SIP portfolio can help build a retirement corpus of Rs 1 crore. While the target appears achievable with disciplined investing, the expert recommended simplifying the 14-fund portfolio and reviewing retirement needs beyond just the corpus size. ...Less

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An investor seeks expert guidance for his daughter's education and retirement goals. A financial planner ...More

An investor seeks expert guidance for his daughter's education and retirement goals. A financial planner suggests a diversified portfolio and Systematic Transfer Plan for new investments. The expert advises rebalancing the current portfolio for better risk management. Systematic Withdrawal Plan offers a tax-efficient way to generate retirement income. Emergency funds should be kept accessible and in the investor's name. ...Less

A 66-year-old woman with minimal retirement savings sought advice from Dave Ramsey. Ramsey outlined a dis ...More

A 66-year-old woman with minimal retirement savings sought advice from Dave Ramsey. Ramsey outlined a disciplined plan to help her build a stable retirement nest egg. This plan involves saving for a down payment and buying a modest home. The couple will continue investing fifteen percent of their income for retirement. This strategy offers hope for a manageable retirement with a paid-off home. ...Less

Go Digit Life Insurance has entered India's retirement solutions segment. The insurer is betting on growi ...More

Go Digit Life Insurance has entered India's retirement solutions segment. The insurer is betting on growing demand for pension and annuity products. This move expands their offerings beyond protection and savings products. The company launched the Digit Life Pension Plan for customers. This plan offers guaranteed and market-linked income options. ...Less

ET Wealth Reader's Query: I will retire in four years. I have Rs 95 lakh in Provident Fund savings and ex ...More

ET Wealth Reader's Query: I will retire in four years. I have Rs 95 lakh in Provident Fund savings and expect Rs 20 lakh as gratuity. I have no liabilities. How to invest this corpus to get a monthly income of Rs 1 lakh? ...Less

Bengaluru CA Meenal Goel urged couples not to overspend on lavish weddings to impress relatives, arguing ...More

Bengaluru CA Meenal Goel urged couples not to overspend on lavish weddings to impress relatives, arguing that Rs 20 lakh can disappear in less than 48 hours while its financial impact lasts for years. She broke down typical wedding expenses and suggested balancing spending by allocating only 35% to the wedding, with the rest going towards investments, a home and an emergency fund. Her message: build a marriage, not just a wedding. ...Less

As the technology has spread, countries have become increasingly concerned with so-called "AI sovereignty ...More

As the technology has spread, countries have become increasingly concerned with so-called "AI sovereignty" -- developing domestic models serving their own security, privacy and business interests. A spokesperson for South Korea's science ministry told AFP Tuesday that a government initiative aims to roll out a general-purpose AI chatbot as well as an AI agent capable of more complex tasks by the end of the year. ...Less

Shubman Gill stated no team discussions occurred regarding Rohit Sharma's ODI future. Rohit Sharma scored ...More

Shubman Gill stated no team discussions occurred regarding Rohit Sharma's ODI future. Rohit Sharma scored a record century at Lord's in the third ODI. India lost the series-deciding match by twenty-seven runs to England. Sharma's brilliant 138 runs were not enough to secure victory for India. England posted a record 387/3, which proved too high a target. ...Less

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Retirement planning India: Retiring with Rs 2 crore? Experts advise a prudent 3.5-4% withdrawal rate, yie ...More

Retirement planning India: Retiring with Rs 2 crore? Experts advise a prudent 3.5-4% withdrawal rate, yielding around Rs 60,000-Rs 70,000 monthly. This sustainable income hinges on lifestyle, inflation, and investment strategy, with a balanced portfolio of equities and bonds crucial. Avoiding common pitfalls like excessive early withdrawals and neglecting healthcare costs ensures your corpus lasts. ...Less

Quote of the day by Ogden Nash reminds people that financial freedom often begins with consistent effort. ...More

Quote of the day by Ogden Nash reminds people that financial freedom often begins with consistent effort. The famous line explains the paradox that people must work to earn enough money before they can choose not to work. The quote also highlights planning, saving, investing and defining personal goals. Even though the words are humorous, they continue to remain relevant in discussions about money, careers and modern work culture. ...Less

Section 80CCD(2) provides a tax deduction for employer contributions to NPS. This benefit remains availab ...More

Section 80CCD(2) provides a tax deduction for employer contributions to NPS. This benefit remains available under the new tax regime for salaried individuals. Private sector employees switching to the new regime find this deduction particularly attractive. Employer contributions lower taxable income and build retirement savings simultaneously. ...Less

Consumers now have vast financial information readily available. However, this abundance creates complexi ...More

Consumers now have vast financial information readily available. However, this abundance creates complexity and uncertainty for many individuals. Structured learning platforms are emerging to address this growing need. These platforms help build confidence and understanding beyond mere information consumption. Financial literacy is now measured by decision-making confidence, not just access. ...Less

Nearing retirement and confused between bank FDs and SWPs for monthly income? An expert suggests a balanc ...More

Nearing retirement and confused between bank FDs and SWPs for monthly income? An expert suggests a balanced approach. Instead of picking just one, combine safe instruments like FDs for immediate expenses with hybrid or equity funds for growth. ...Less

Despite rising incomes and careers, many Indian women still don't make independent financial decisions. F ...More

Despite rising incomes and careers, many Indian women still don't make independent financial decisions. Financial literacy, confidence and structured learning are helping more women take control of their wealth and future. ...Less

Employees’ Provident Fund interest for FY 2025-26 will be credited by July 15, 2026. Subscribers will rec ...More

Employees’ Provident Fund interest for FY 2025-26 will be credited by July 15, 2026. Subscribers will receive an 8.25% interest rate on their EPF contributions. This marks the third consecutive year the interest rate remains unchanged. EPFO members can check their balance through the UMANG app or SMS service. Interest accrues monthly, so delays do not cause subscriber losses. ...Less

It is often witnessed that the aggression of marketing executives in AMCs to onboard an investor is not r ...More

It is often witnessed that the aggression of marketing executives in AMCs to onboard an investor is not reciprocated while settling death claims, when the bereaved family expects empathy and handholding, and the funds to relieve them from the stress of having lost a loved one. Sebi should review the ground-level situation with SWPs becoming a financial trap for surviving spouses. ...Less

Employees face a choice between higher immediate income and a larger retirement fund. Reducing EPF contri ...More

Employees face a choice between higher immediate income and a larger retirement fund. Reducing EPF contributions increases take-home pay but lowers future savings. Investing saved amounts in equities may offer higher returns over time. A disciplined approach to investing is crucial for long-term financial success. The decision depends on individual financial goals and risk tolerance. ...Less

The government has extended additional National Pension System investment choices. These options are now ...More

The government has extended additional National Pension System investment choices. These options are now available to employees of central autonomous bodies. Aggressive Life Cycle Fund LC-75-High offers up to seventy-five percent equity exposure. Balanced Life Cycle Fund provides a fifty percent equity cap. This move enhances subscriber flexibility and pension planning options. ...Less

Central government employees now have two new investment choices. These options were previously available ...More

Central government employees now have two new investment choices. These options were previously available only to central government employees. Now, National Pension System subscribers in Central Autonomous Bodies can also access them. ...Less

It was, probably, not just the Indian markets which took the fresh US-Iran flare-up in its stride. The no ...More

It was, probably, not just the Indian markets which took the fresh US-Iran flare-up in its stride. The non-tech part of the US markets also seemed to respond similarly. Of course, one has to look at the tech part as well. Why? Because there is a possibility that the Nasdaq may chart its own course. ...Less

Thousands of Indian professionals returning from the UK often leave their pension untouched, facing risks ...More

Thousands of Indian professionals returning from the UK often leave their pension untouched, facing risks due to misunderstandings of HMRC rules and product choices. Ignoring this vital asset incurs inflation and regulatory costs. Currently, a strong pound, cooler Indian equity markets, and favourable annuity rates present a unique opportunity for beneficial transfers. However, a successful transfer demands a robust retirement plan post-arrival in India. ...Less

Retirement planning: Dipping into your retirement corpus for urgent needs can be a costly mistake, potent ...More

Retirement planning: Dipping into your retirement corpus for urgent needs can be a costly mistake, potentially costing you lakhs by retirement. Experts emphasize building a robust emergency fund, ideally covering six months to two years of expenses. This fund, held in low-risk, easily accessible instruments like savings accounts or liquid funds, acts as a crucial buffer against unforeseen events, safeguarding your long-term financial future. ...Less

A 45-year-old salaried investor with a Rs 3 lakh monthly income sought expert advice on whether his mutua ...More

A 45-year-old salaried investor with a Rs 3 lakh monthly income sought expert advice on whether his mutual fund portfolio can support retirement at 60. The expert recommended continuing disciplined SIPs, consolidating 17 mutual fund schemes into seven, maintaining liquidity, and avoiding premature allocation for discretionary goals like buying a luxury car. ...Less

India's Employees' Provident Fund (EPF) is undergoing a significant modernization with the EPF Scheme, 20 ...More

India's Employees' Provident Fund (EPF) is undergoing a significant modernization with the EPF Scheme, 2026. Existing subscribers will see continuity in their balances and membership, while new entrants will find a clearer framework for contributions and benefits. A key change involves increased flexibility for voluntary contributions, allowing employees to build larger retirement funds. ...Less

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The Reserve Bank of India has maintained the Floating Rate Savings Bond interest rate at 8.05% following ...More

The Reserve Bank of India has maintained the Floating Rate Savings Bond interest rate at 8.05% following the Finance Ministry's decision to keep the National Savings Certificate rate at 7.7%. This bond offers a 0.35% premium over the NSC, providing a competitive return compared to many small savings schemes and bank fixed deposits. ...Less

Financial services is where FIIs go when they turn positive on India. History shows us that much of the m ...More

Financial services is where FIIs go when they turn positive on India. History shows us that much of the money goes to banks, and the wider financial services space. But remember: Financial services is not a single sector. It is a set of very different businesses under one umbrella. So it is important to understand the parts, not just the flow of money into them. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

NRIs are increasingly viewing India as a prime long-term investment hub, attracted by its growth potentia ...More

NRIs are increasingly viewing India as a prime long-term investment hub, attracted by its growth potential and tax efficiencies under certain DTAAs, especially for mutual fund gains. While diversifying globally, many are exploring structured real estate investments like REITs. Experts advise avoiding common pitfalls such as a lack of clear objectives and ignoring tax implications, emphasizing tailored strategies for global Indian investors. ...Less

Choosing the right mutual funds for a Systematic Withdrawal Plan (SWP) hinges on individual financial goa ...More

Choosing the right mutual funds for a Systematic Withdrawal Plan (SWP) hinges on individual financial goals, investment horizon, and risk tolerance, not a universal list. Experts advise aligning fund choices with withdrawal timelines, suggesting equity/hybrid for long-term wealth building and debt funds for immediate income needs. Understanding tax implications of Systematic Transfer Plans (STPs) is also crucial for a balanced investment strategy. ...Less

Australia's Age Pension offers vital support for retirees, with eligibility hinging on age (currently 67) ...More

Australia's Age Pension offers vital support for retirees, with eligibility hinging on age (currently 67), residency, and financial assessments. Both income and asset tests, which exclude the primary home, determine payment amounts. Understanding these rules early is crucial for effective retirement planning, as maximum fortnightly payments vary for singles and couples based on their financial standing and homeownership. ...Less

Retirees often face a dilemma investing their corpus, balancing safety with growth. Expert Abhijit Choksh ...More

Retirees often face a dilemma investing their corpus, balancing safety with growth. Expert Abhijit Chokshi advises a diversified approach for a Rs 1 crore investment, suggesting balanced advantage funds, quality debt funds for emergencies, and a cautious entry into equity via Systematic Transfer Plans (STPs). This strategy aims to manage risk and ensure peace of mind during market volatility, emphasizing a long-term perspective. ...Less

Bajaj Capital has appointed Jai Bajaj as its new Managing Director and CEO, marking a pivotal moment for ...More

Bajaj Capital has appointed Jai Bajaj as its new Managing Director and CEO, marking a pivotal moment for the 60-year-old firm. The company is embracing a technology-driven approach to financial advisory, aiming to become a lifelong partner for customers. Future plans include digital initiatives for financial readiness, retirement planning, and enhanced customer experiences, reinforcing its commitment to building strong, lasting relationships. ...Less

Returning Indians face new tax filing complexities. Foreign retirement accounts now necessitate the more ...More

Returning Indians face new tax filing complexities. Foreign retirement accounts now necessitate the more detailed ITR-2, moving away from the simpler ITR-1. Tax authorities are leveraging global information exchange to track overseas assets and income. Accurate reporting in Schedule FA is crucial to avoid penalties under the Black Money Act. Taxpayers must diligently disclose all foreign holdings, including dormant accounts and employee stock options, to ensure compliance. ...Less

A Reddit post from a US-based Indian tech worker facing layoffs has sparked discussion about financial se ...More

A Reddit post from a US-based Indian tech worker facing layoffs has sparked discussion about financial security and relocating to India. The user, who has around Rs 6 crore in savings, asked whether it would be enough to live in India without a job while also worrying about an underwater house in the US and his children's education. Many Reddit users said the savings should be sufficient for a comfortable life, arguing that the bigger challenges are managing the move. ...Less

If India is serious about women-led growth, it must move beyond credit access and design finance for the ...More

If India is serious about women-led growth, it must move beyond credit access and design finance for the agency of women. ...Less

Forget the daunting ₹15 crore retirement myth. For a couple retiring in their early 50s with ₹1 lakh mont ...More

Forget the daunting ₹15 crore retirement myth. For a couple retiring in their early 50s with ₹1 lakh monthly expenses, a ₹4-5 crore corpus can suffice. This involves a smart split: bonds for income, index funds for growth, and emergency funds. High-cost cities or premium lifestyles may necessitate ₹8-10 crore. The focus should be on generating monthly income, not just a large number. ...Less

A Bengaluru CA highlights a common investment pitfall: focusing solely on a large corpus without accounti ...More

A Bengaluru CA highlights a common investment pitfall: focusing solely on a large corpus without accounting for inflation's impact on future purchasing power. She advocates for a 'step-up SIP' strategy, urging investors to gradually increase contributions as their income rises, rather than maintaining a fixed monthly amount. This approach, she explains, can significantly boost wealth creation over three decades, offering a more realistic path to financial goals. ...Less

Career breaks, common for women, can impact retirement savings. Experts advise accepting the situation an ...More

Career breaks, common for women, can impact retirement savings. Experts advise accepting the situation and implementing a catch-up plan by temporarily increasing investments. Utilizing bonuses and reviewing portfolios for better returns are key. While aiming for higher gains, avoid excessive risk. Disciplined investing and strategic cash-flow management can help bridge the gap and secure financial independence. ...Less

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Discovering you have two Public Provident Fund accounts can be a common oversight, but it's crucial to ad ...More

Discovering you have two Public Provident Fund accounts can be a common oversight, but it's crucial to address. Indian regulations strictly permit only one personal PPF account. Learn how to identify and regularize duplicate accounts, understand the implications for your deposits and interest, and what steps to take to avoid complications and preserve your hard-earned savings. ...Less

A Reddit user sparked a discussion by asking whether there is a salary level at which money stops being a ...More

A Reddit user sparked a discussion by asking whether there is a salary level at which money stops being a constant worry. While some users said higher incomes brought greater comfort and financial flexibility, many admitted that concerns simply shifted from paying bills to building wealth, managing investments and securing the future. The conversation highlighted a common belief that financial peace is often tied more to net worth, savings and personal outlook than to any specific salary figure. ...Less

Retirement planning should focus on generating sustainable income while ensuring the corpus lasts through ...More

Retirement planning should focus on generating sustainable income while ensuring the corpus lasts throughout life. Key factors include accounting for inflation, healthcare costs, liabilities, and lifestyle needs. Maintaining a balanced asset mix with some equity exposure for growth and gradually increasing debt allocation with age can provide liquidity and stability. ...Less

Central government employees appointed on compassionate grounds before 2004, but joining after, can now o ...More

Central government employees appointed on compassionate grounds before 2004, but joining after, can now opt for the Old Pension Scheme (OPS). This decision extends the benefit previously granted to regular appointees who applied before the January 1, 2004, cutoff. The move follows inter-ministerial consultations and addresses demands from employee unions, offering a significant relief for affected families. ...Less

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Many working Indians face the unspoken challenge of funding elderly parents' care without jeopardizing th ...More

Many working Indians face the unspoken challenge of funding elderly parents' care without jeopardizing their own financial future. With rising medical costs and a significant portion of seniors dependent, chartered accountant Nitin Kaushik advises proactive planning. He suggests creating a dedicated emergency fund for parent care and securing senior citizen health insurance early. ...Less

A 22-year-old who is about to start a job in Mumbai with a monthly salary of around Rs 1 lakh turned to R ...More

A 22-year-old who is about to start a job in Mumbai with a monthly salary of around Rs 1 lakh turned to Reddit for advice on retirement planning. After accounting for rent, living expenses and family support, he expects to have about Rs 20,000 left each month for savings and investments. Reddit users advised him to first build an emergency fund, buy health and term insurance, invest consistently and focus on increasing his income through upskilling, arguing that career growth can have a bigger impact on long-term wealth creation than constantly tweaking investments. ...Less

Indian mutual fund houses are launching Life Cycle Funds, a new goal-based investment product. These fund ...More

Indian mutual fund houses are launching Life Cycle Funds, a new goal-based investment product. These funds automatically adjust asset allocation, starting with equities and shifting to safer debt as a target year approaches. Designed for long-term goals like retirement, they simplify investing by eliminating manual portfolio rebalancing. Investors should review the fund's glide path and compare it with other options. ...Less

Retiring with Rs 1.5 cr can provide a monthly income, but the amount depends on risk appetite and investm ...More

Retiring with Rs 1.5 cr can provide a monthly income, but the amount depends on risk appetite and investment returns. Experts suggest withdrawal rates between 4.5% and 6.5% annually, with potential monthly incomes ranging from Rs 70,000 to Rs 1.2 lakh. A bucket strategy is recommended for managing immediate needs and long-term growth. ...Less

Fathers can build financial independence and generational wealth through strategic mutual fund investment ...More

Fathers can build financial independence and generational wealth through strategic mutual fund investments, experts advise. Starting early, ideally in the late 20s or early 30s, leverages compounding for a robust retirement corpus. For legacy wealth, a higher equity allocation is recommended, focusing on long-term growth. Avoiding common mistakes like delaying retirement planning and keeping too much in low-yield fixed deposits is crucial. ...Less

When business updates start to come in or when some FMCG or auto companies indicate that things are not a ...More

When business updates start to come in or when some FMCG or auto companies indicate that things are not all good in the rural space, we may see some volatility in some sectors. A below par monsoon could be the culprit. Also, keep an eye out for news about agricultural output. That is something the market does not normally watch very carefully. ...Less

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Home loan insurance is emerging as an important financial safeguard for Indian homebuyers, helping famili ...More

Home loan insurance is emerging as an important financial safeguard for Indian homebuyers, helping families manage outstanding loan liabilities in unforeseen circumstances. With rising homeownership and larger loan sizes, more borrowers are actively seeking protection solutions that offer both affordability and flexibility. The article explores the benefits of home loan insurance, evolving consumer preferences, and the growing importance of transparency and choice. It also highlights recent regulatory measures aimed at strengthening consumer rights and preventing mis-selling. ...Less

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You may not need a long list of investments. Close bank and investment accounts that you no longer need. ...More

You may not need a long list of investments. Close bank and investment accounts that you no longer need. Reduce your stock and mutual fund holdings, and consolidate these. There may be little merit in holding a complex portfolio and trying to monitor and manage it. One equity index fund, one bank account, and fixed deposits linked to that account are adequate for most purposes. ...Less

Akshay Kumar has no plans for retirement, believing work keeps one alive. He spoke about his dedication a ...More

Akshay Kumar has no plans for retirement, believing work keeps one alive. He spoke about his dedication at the trailer launch of his upcoming film, Welcome To The Jungle. The actor also clarified that the 'flop actor' remark in the movie is part of the character's story. Read on to know more about it. ...Less

A Rs 1 crore retirement corpus is a 'trap', not a milestone, warns Chartered Accountant Nitin Kaushik. Wi ...More

A Rs 1 crore retirement corpus is a 'trap', not a milestone, warns Chartered Accountant Nitin Kaushik. With 6% inflation, its purchasing power halves every 12 years, potentially leaving retirees below the poverty line. Kaushik advises targeting 35 times annual expenses for a realistic retirement fund, suggesting Rs 3.5 crore for Rs 10 lakh annual costs. ...Less

Indian investors are increasingly seeking global investments. Wealth managers emphasize strategic diversi ...More

Indian investors are increasingly seeking global investments. Wealth managers emphasize strategic diversification, not reactive choices. Devina Mehra of First Global highlights India's small global market share and the rupee's depreciation as reasons for international allocation. She advises against treating the US as a global proxy and warns against panic-selling. Proper management of global funds is crucial for success. ...Less

A 74-year-old investor with Rs 4 lakh in equity mutual funds seeks advice on future income generation thr ...More

A 74-year-old investor with Rs 4 lakh in equity mutual funds seeks advice on future income generation through Systematic Withdrawal Plans. An expert suggests gradually adding hybrid funds to reduce market volatility. The withdrawal amount will depend on investment duration, accumulated gains, income needs, and overall financial situation. Historical data suggests 5-6% annual withdrawals are sustainable over 10-15 years. ...Less

Small savings schemes, popular for conservative investors, will retain their interest rates for the April ...More

Small savings schemes, popular for conservative investors, will retain their interest rates for the April-June 2026 quarter, offering returns up to 8.2% per annum. Schemes like SCSS and SSA provide attractive rates, while NSC, MIS, and PPF offer stable returns with tax benefits for long-term wealth creation. ...Less

Retirees face a new challenge: managing wealth after decades of building it. Experts advise simplifying c ...More

Retirees face a new challenge: managing wealth after decades of building it. Experts advise simplifying complex portfolios, especially those with many stocks. The focus moves to generating income and ensuring long-term financial security through strategic adjustments to investments and withdrawal plans. ...Less

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Letters to both companies seen by Reuters on Thursday raise concerns about the impact Elon Musk's rocket ...More

Letters to both companies seen by Reuters on Thursday raise concerns about the impact Elon Musk's rocket and satellite communications company could have on other investors through its record-breaking $75 billion debut. ...Less

PPF maturity presents a choice: withdraw or extend for continued tax-free compounding. While government b ...More

PPF maturity presents a choice: withdraw or extend for continued tax-free compounding. While government backing and tax benefits remain attractive, especially for high-income earners, individual circumstances dictate the optimal decision. Understanding extension rules and recent changes is crucial for effective retirement planning. ...Less

An investor planning early retirement at 50 with a Rs 12.5 crore corpus seeks expert advice on generating ...More

An investor planning early retirement at 50 with a Rs 12.5 crore corpus seeks expert advice on generating Rs 2 lakh monthly income. The expert outlines a goal-based framework, recommending a balanced 60% equity and 40% debt allocation for retirement and a more growth-oriented mix for long-term wealth creation ...Less

African proverb of the day highlights the challenges that can arise when people at very different stages ...More

African proverb of the day highlights the challenges that can arise when people at very different stages of life enter a marriage. This Nubian proverb uses a simple comparison to explain age gaps, commitment, relationships, compatibility, and long-term expectations. It encourages people to think carefully before marriage and reminds them that shared goals, understanding, and timing often play an important role in building lasting relationships. ...Less

8th Pay Commission salary hike: Central government employee and pensioner bodies are actively engaging wi ...More

8th Pay Commission salary hike: Central government employee and pensioner bodies are actively engaging with 8th Pay Commission officials regarding salary and allowance demands. Discussions are ongoing, with a memorandum submission deadline of June 15, 2026. Employees anticipate potential salary hikes and arrears, with estimates suggesting 20-21 months of arrears if implementation occurs in late 2027. ...Less

Nearly a year after the AI 171 plane crash, families still grapple with loss and trauma. Some survivors f ...More

Nearly a year after the AI 171 plane crash, families still grapple with loss and trauma. Some survivors fear flying, while others seek counseling. The tragedy continues to impact lives, with memories of the event deeply affecting those who lost loved ones or witnessed the disaster firsthand. The aftermath of the crash leaves a lasting imprint on the community. ...Less

A 4% decline in average 401(k) balances during early 2026 has put retirement savings and financial planni ...More

A 4% decline in average 401(k) balances during early 2026 has put retirement savings and financial planning back in focus. Market volatility, stock market swings, and global tensions pressured investment accounts, yet the average 401(k) still holds $141,000 and remains 11% higher than a year ago. Millions of Americans continue increasing retirement contributions, embracing Roth 401(k) accounts, and building long-term wealth. ...Less

Saving money requires more than setting aside leftover income; it needs a structured plan to stay effecti ...More

Saving money requires more than setting aside leftover income; it needs a structured plan to stay effective amid rising costs and financial pressures. Experts recommend building an emergency fund first, followed by long-term savings targets that increase with age, while also keeping in mind that individual situations vary. The biggest challenge for most people is controlling daily spending, where small unnecessary expenses can quietly reduce overall savings. ...Less

A young Indian couple earning a combined ₹1.7 lakh monthly faces financial strain. High loan EMIs, includ ...More

A young Indian couple earning a combined ₹1.7 lakh monthly faces financial strain. High loan EMIs, including a ₹70,000 personal loan, leave them with minimal savings. Essential expenses and personal spending further deplete their income. This situation highlights the financial pressures on India's middle class, impacting their ability to save and plan for the future. ...Less

National Pension System (NPS) fund managers have delivered strong returns over the past three years, with ...More

National Pension System (NPS) fund managers have delivered strong returns over the past three years, with several schemes generating double-digit gains. Tata Pension Management led the pack with a return of 13.56%, closely followed by ICICI Prudential Pension Fund at 13.39%. ...Less

SpaceX is inviting investors to bet on Elon Musk's vision of AI data centers in space and humans on Mars. ...More

SpaceX is inviting investors to bet on Elon Musk's vision of AI data centers in space and humans on Mars. The sky-high valuation for SpaceX -- nearly $1.8 trillion -- is based on the idea that his legendary run will continue and that Musk can achieve his goal of data centers in space and putting people on Mars. ...Less

Retire-Meant®- Adding meaning to your Retired Life ...More

Retire-Meant®- Adding meaning to your Retired Life ...Less

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A retirement economist expresses concern over AI's use in financial advice, noting its limitations despit ...More

A retirement economist expresses concern over AI's use in financial advice, noting its limitations despite providing basic guidance. The article emphasizes understanding investments, diversifying across various assets, avoiding speculative ventures, and paying low fees. It cautions that time doesn't always mitigate market risk, highlighting the inherent link between risk and return. ...Less

A 60-year-old retiree sought guidance on whether she should continue investing in equity mutual funds aft ...More

A 60-year-old retiree sought guidance on whether she should continue investing in equity mutual funds after retirement. Experts say senior citizens can retain some equity exposure to beat inflation, provided regular expenses are covered through stable income sources. Aligning the portfolio, reducing overlap, and balancing SIPs with lumpsum investments remain key. ...Less

Armed with your new motivation, you should then begin to think about your retirement spending strategies. ...More

Armed with your new motivation, you should then begin to think about your retirement spending strategies. ...Less

More than half of savers still earn under 3% interest, while many households lose around $200 yearly on u ...More

More than half of savers still earn under 3% interest, while many households lose around $200 yearly on unused subscriptions. These financial fixes can change that fast. Simple money-saving tips like checking your credit report, reducing credit card debt, boosting 401(k) savings, finding high-yield savings accounts, and lowering auto insurance costs can take less than an hour. Smart personal finance decisions today can improve financial security, increase savings, and strengthen long-term wealth without major lifestyle changes. ...Less

The Pension Fund Regulatory and Development Authority (PFRDA) has introduced the Retirement Income Scheme ...More

The Pension Fund Regulatory and Development Authority (PFRDA) has introduced the Retirement Income Scheme (RIS) under NPS, allowing retirees to receive systematic payouts from the 80% withdrawable corpus until age 85 while keeping funds invested. RIS aims to improve income stability, corpus longevity, and inflation-beating returns. However, payouts remain market-linked, tax treatment remains unclear, and the scheme may be complex for some retirees. ...Less

Planning your retirement corpus is crucial. A Rs 2 crore fund may not last 20 years with high withdrawals ...More

Planning your retirement corpus is crucial. A Rs 2 crore fund may not last 20 years with high withdrawals. Experts suggest a bucket strategy for sustainable income. This involves allocating funds for immediate needs, stable income, and growth. Careful planning and realistic withdrawals are key to ensuring your retirement fund lasts. ...Less

Retirees now have a new way to manage their National Pension System (NPS) corpus, offering flexibility an ...More

Retirees now have a new way to manage their National Pension System (NPS) corpus, offering flexibility and potential for growth. The Retirement Income Scheme (RIS) allows keeping savings invested post-retirement, generating regular income through Systematic Payout Rate (SPR) or Systematic Unit Redemption (SUR) options. This approach balances market exposure with risk management, aiming for sustainable income over long retirements. ...Less

As retirement nears, an investor with a Rs 2.75 crore portfolio needs to rebalance. An expert advises con ...More

As retirement nears, an investor with a Rs 2.75 crore portfolio needs to rebalance. An expert advises consolidating mutual funds, shifting near-term goals to arbitrage funds, and increasing equity exposure for long-term inflation protection. The strategy aims to simplify investments and enhance returns while managing risk. ...Less

The June 2026 Social Security payment schedule is based primarily on a beneficiary's birth date. Individu ...More

The June 2026 Social Security payment schedule is based primarily on a beneficiary's birth date. Individuals who started receiving benefits before May 1997 generally receive payments earlier in the month. Those who began receiving benefits afterward are grouped according to their birth dates. Under the June 2026 Social Security payment schedule, Supplemental Security Income recipients receive payments at the beginning of the month. ...Less

Ignoring inflation means you will save much less than what you will need years down the line. You have to ...More

Ignoring inflation means you will save much less than what you will need years down the line. You have to invest in such a way that you beat inflation, that is, earn returns that are at least a couple of percentage points above the inflation rate. ...Less

Young earners today face a stark reality. Unlike their parents, they likely won't have pensions. With lon ...More

Young earners today face a stark reality. Unlike their parents, they likely won't have pensions. With longer life expectancies, saving for retirement is crucial. Chartered Accountant Nitin Kaushik highlights that delaying investments by even a decade significantly reduces future wealth. He urges immediate action, emphasizing that compounding works best over long periods for financial security. ...Less

Under National Pension System's (NPS) Retirement Income Schemes (RIS), subscribers can choose periodic pa ...More

Under National Pension System's (NPS) Retirement Income Schemes (RIS), subscribers can choose periodic payouts till age 85 via Systematic Payout Rate or Systematic Unit Redemption. The scheme aims to balance regular income, market-linked returns, and corpus longevity through a structured glide path. ...Less

With a Rs 1.5 crore retirement corpus earning 6%, withdrawing Rs 1 lakh monthly can last about 22 years, ...More

With a Rs 1.5 crore retirement corpus earning 6%, withdrawing Rs 1 lakh monthly can last about 22 years, leaving little balance. Slightly higher returns allow marginally higher withdrawals but nearly exhaust the corpus. Experts caution that returns from the corpus aren’t guaranteed and suggest a safer 3–5% withdrawal rate to sustain funds longer. A balanced mix of debt and hybrid funds, with focus on stability over high returns, is key to avoiding premature depletion. ...Less

Retirement investors are rapidly searching for 401(k) to gold IRA rollover strategies as economic uncerta ...More

Retirement investors are rapidly searching for 401(k) to gold IRA rollover strategies as economic uncertainty grows across the United States. Rising inflation, volatile stock markets, and global tensions are reshaping retirement planning in 2026. Many Americans now want physical gold IRA protection instead of relying only on traditional 401(k) investments. Financial experts say a self-directed gold IRA rollover can help diversify retirement savings while preserving long-term wealth stability. ...Less

Building a Rs 5 crore retirement corpus on a Rs 50,000 salary is achievable with disciplined investing, t ...More

Building a Rs 5 crore retirement corpus on a Rs 50,000 salary is achievable with disciplined investing, time and strategy. Investing 30% of your salary monthly via SIP may take 31 years, but a 7% annual step-up can cut it to 25–26 years. Experts say higher savings, better returns and periodic reviews accelerate wealth creation, while asset allocation and risk appetite play a crucial role in long-term success. ...Less

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A chartered accountant's assertion that Rs 1 crore is no longer sufficient for a middle-class retirement ...More

A chartered accountant's assertion that Rs 1 crore is no longer sufficient for a middle-class retirement in India's Tier 1 cities has sparked debate. Rising living costs, particularly in urban centers, and high healthcare inflation mean this amount generates inadequate monthly income. Experts suggest retirement targets may need to be five to ten times higher. ...Less

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A 24-year-old software engineer at Meta, Raymond Zeng, earns a staggering $306,500 annually but lives a m ...More

A 24-year-old software engineer at Meta, Raymond Zeng, earns a staggering $306,500 annually but lives a minimalist life,. He does not own a car, a couch, and TV and prioritizes early financial independence, aiming to retire by 30. Zeng saves aggressively, investing heavily in stocks and utilizing the FIRE strategy to build a substantial portfolio, funding his passion for travel and hobbies. ...Less

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A survey by 1 Finance Magazine reveals a significant gap in retirement preparedness among Indians aged 40 ...More

A survey by 1 Finance Magazine reveals a significant gap in retirement preparedness among Indians aged 40-60. Nearly 76% lack detailed plans, yet 61.4% feel confident about retiring comfortably. Most rely on fixed deposits and mutual funds, with a median retirement corpus of Rs 28 lakh against a target of Rs 1 crore, highlighting a substantial shortfall. ...Less

The Atal Pension Yojana provides a secure future with guaranteed monthly pensions. Indian citizens aged 1 ...More

The Atal Pension Yojana provides a secure future with guaranteed monthly pensions. Indian citizens aged 18 to 40 can enroll. Contributions ensure a pension of Rs 1,000 to Rs 5,000 from age 60. The scheme offers continued benefits to spouses and nominees in case of subscriber death. This government-backed initiative secures retirement for many. ...Less