RETIREMENT CORPUS

I have a retirement corpus of Rs 65 lakh. How can I invest it for a regular income?

I am retiring at 60 with a corpus of Rs 65 lakh, which includes my retirement benefits and other savings. My monthly household expenses are approximately Rs 35,000. How can I invest this amount to ensure a regular income?

Invest Rs 5000, get Rs 3 crores: CA's investment lesson on 'time in the market vs timing the market'

Starting small and early can make a huge difference in wealth creation, according to Chartered Accountant Nitin Kaushik. He explained that investing Rs 5,000 per month from the age of 25 can grow into nearly Rs 3 crore by 60, assuming a 12 percent return. However, delaying the same plan by a decade reduces the corpus to around Rs 95 lakh, costing over Rs 2 crore in potential gains.

AMFI proposes Mutual Fund-Voluntary Retirement Account scheme, similar to US 401(k) plan

The Association of Mutual Funds in India (AMFI) has proposed the Mutual Fund- Voluntary Retirement Account (MF-VRA) scheme, which aims to provide a voluntary, employer-linked retirement product managed by mutual funds, similar to the US 401(k) plan.

I am an NRI. How can I take money out of India after selling inherited property and shares with minimum taxes?

I am an NRI with inherited property and shares in India. What are the best ways to repatriate funds without triggering high taxes or violating Foreign Exchange Management ACT (FEMA) rules?

8 money mistakes that can ruin your retirement and how to avoid them

Retirement needs careful financial planning. Even small mistakes can diminish savings. A withdrawal plan is crucial. Avoid locking funds in annuities. Equities should be part of the portfolio. Medical insurance is essential. Estate planning is important for seamless asset transition. Illiquid assets pose risks. Clear debts before retirement for financial stability.

Can 8.25% EPF return match 16% equity return? CA explains unique situations how it can

A chartered accountant illustrates scenarios where EPF's 8.25% return can match 16% equity returns over five years, highlighting EPF tax advantages under the new regime. Employer contributions to EPF are tax-free, unlike equity investments where taxes may reduce the investable amount. To match EPF's corpus, equity needs a 16% post-tax return, a figure that decreases with longer investment horizons, as per the CA.

5 ways your retirement math can go wrong and what to do about it

Today, retirement planning needs a revamp. Traditional methods that rely on forecasts often fail. Sequence-of-return risk can deplete savings. Dynamic withdrawals, adjusting spending based on portfolio performance, offer a solution. Experts suggest combining bucketing with adaptive withdrawals. Flexibility and caution are key. Plan for higher expenses and lower returns. Choose a strategy aligning with your needs for a comfortable retirement.

Why life’s wisdom, experiences and not standard rules drive better money planning

In the personal finance landscape, many businesses thrive on oversimplification. To the individual, however, it still remains a personal problem, to be solved in light of his unique situation, irrespective of how well the answers have been packaged and presented by an organised industry.

Rs 1 cr, Rs 5 cr or Rs 10 cr, how much money do you need for retirement? This financial expert tells you the right amount

Financial expert Neeraj Chauhan suggests a simple formula to calculate your retirement corpus: annual expenses multiplied by 25, based on the 4% withdrawal rule. This approach helps individuals determine the 'right amount' needed for financial independence, rather than chasing an arbitrarily large sum. The strategy aims to help a person sustain their retirement corpus for their lifetime

Why are mutual fund experts increasingly pushing for SWP?

Can SWPs be the key to a secure retirement income?

Wealth planners are promoting Systematic Withdrawal Plans or SWPs. It is a tax-efficient method to withdraw from mutual funds. SWP offers a steady income stream, unlike fixed deposits. Investors can withdraw a fixed amount regularly. A withdrawal rate of 3.5% to 4% annually is advisable. Market performance impacts SWP success. A prolonged market downturn can deplete the corpus faster.

This rarely used SIP trick can further boost your Rs 6.17 cr corpus to Rs 12.71 cr

Starting a Systematic Investment Plan (SIP) early may not suffice for ambitious goals due to lower initial income and investment. However, a step-up SIP, which increases the investment amount over time, can significantly boosts the potential corpus. By escalating contributions annually, investors can generate substantially larger retirement funds, effectively combating inflation and securing a more comfortable future.

Govt introduces one-time, one-way switch facility from UPS to NPS

The government has introduced a one-time switch from the Unified Pension Scheme (UPS) to the National Pension System (NPS) for central government employees. Employees can opt for UPS before September 30, 2025, to secure assured payouts and benefits. This switch is allowed until one year before superannuation, excluding cases involving disciplinary actions or penalties.

Looking to build a corpus for your child’s education and your retirement with a monthly investment of Rs 50,000?

Yes Bank shares rally 5% as RBI clears SMBC stake acquisition

Yes Bank share price: Yes Bank said that the Reserve Bank of India (RBI) has cleared Sumitomo Mitsui Banking Corporation’s (SMBC) plan to acquire a significant minority stake in the lender. However, the regulator clarified that SMBC will not be categorised as a promoter post this deal. The Japanese banking major aims to increase its holding in Yes Bank to 20% through a secondary market purchase.

Mazagon Dock Shipbuilders shares jump nearly 4% as Centre clears Rs 70,000 crore submarine project negotiations

Mazagon Dock Shipbuilders Limited's share price rose on Monday after the Defence Ministry got clearance to negotiate for six submarines. The submarines will be built in India with German support. Negotiations are expected to begin soon, with contract talks aimed to conclude within six months. The project aims to strengthen India's submarine design and manufacturing capabilities. This move comes amid China's naval modernisation.

IDBI Bank shares jump 2% as Sebi approves LIC reclassification as a public shareholder

IDBI Bank's shares surged following SEBI's approval to reclassify LIC as a public shareholder after the government's divestment. LIC's voting rights will be capped at 10%, and it won't participate in management. This reclassification aligns with the ongoing divestment, where the government and LIC plan to sell a combined 60.72% stake.

RailTel shares in focus as company bags Rs 13 crore order from RSLDC

RailTel Corporation of India will be in focus after securing a Rs 13.16 crore work order from the Rajasthan Skill & Livelihoods Development Corporation (RSLDC). The order, awarded on August 23, is for Project Management Consultancy (PMC) services and will be executed over two years. The company clarified the contract was awarded by a domestic entity with no related-party transactions.

Godrej Properties shares in focus as Hyderabad project clocks over Rs 1,000 crore sales at launch

Godrej Properties sold over Rs 1,000 crore worth of homes at the launch of its Hyderabad project, Godrej Regal Pavilion. The project sold 683 units, highlighting strong housing demand and customer confidence in the city’s real estate market.

You need 60% higher initial step up SIP for 3-year delay if you want Rs 1 crore for child’s foreign education

To secure a child's future foreign education, initiating early investments through a step-up SIP is crucial. Starting with a monthly SIP of Rs 20,413 and increasing it by 8% annually over 18 years, targeting 12% returns, can help accumulate Rs 2.41 crore. But if you delay investment by just 3 years, the overall cost may rise by nearly 17%.

More powerful than SIPs & insurance bonus! Gurmeet Chadha reveals new wealth tool

Market expert Gurmeet Chadha predicts systematic withdrawal plans (SWPs) will become a major trend in India's mutual fund industry, surpassing SIPs in financial planning power. He highlights SWPs' flexibility, tax efficiency, and suitability for retirement and cash flow management. Chadha anticipates the SWP market could exceed Rs 20,000 crore monthly within 3-5 years.

Is Rs 4 crore enough for retirement corpus? Gurmeet Chadha gives simple calculation metric

Market expert Gurmeet Chadha simplifies retirement planning with a formula linking financial independence to expenses. He suggests a corpus where 6% annual returns cover monthly costs. For Rs 2 lakh monthly spending, Rs 4 crore suffices. He stresses realistic expense estimation and highlights balancing wealth creation with life enjoyment.

Future-proofing your sunset years: A guide to phased retirement

Viren Gupta, a lawyer, is contemplating retirement. He is assessing his financial readiness and future responsibilities. Rising life expectancy will influence his decision, since he will have to weigh work fulfillment against a work-free life. Family needs and lifestyle preferences are crucial to consider. Gupta should also plan for unexpected events to ensure a secure future.