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Retirement Planning: Starting Early is Key for Urban Indians

Have you secured your financial future for retirement? If not, you are probably not alone. A recent India Retirement Index Study revealed that retirement planning is a primary concern for urban Indians, with a staggering 9 in 10 worrying about their savings not lasting through retirement. To make matters worse, only 2 out of [...]

By |2023-03-28T09:15:52+00:00March 28th, 2023|All, Financial Planning|Comments Off on Retirement Planning: Starting Early is Key for Urban Indians

Future-Proofing Your Business & Wealth: Succession Planning with Private Trusts

Are you a business owner or an HNI? Have you ever thought about what would happen to your business if something unexpected were to happen to you? The sudden demise of business giants like Rakesh Jhunjhunwala or even Cyrus Mistry should serve as a wake-up call for all business owners to start thinking seriously [...]

By |2023-03-14T09:04:43+00:00March 14th, 2023|All, Financial Planning|Comments Off on Future-Proofing Your Business & Wealth: Succession Planning with Private Trusts

The Future of Financial Advisory: Human, AI, or Both?

I asked Chat GPT to, “act as a financial advisor and tell me which investments are apt for me to accrue 5 crore by the time I turn 60.” The response: “As an AI language model, I cannot provide personalized financial advice without knowing your individual financial circumstances and risk profile. However…” and then [...]

By |2023-02-28T05:26:42+00:00February 28th, 2023|All, Financial Planning|Comments Off on The Future of Financial Advisory: Human, AI, or Both?

NPS: A Viable Investment Avenue for Retirement Planning

In 2020, India was rated 34th out of 39 pension systems in terms of social security coverage. Despite progress, there is still a long road ahead in terms of increasing coverage under private pension arrangements and enhancing the regulatory framework to secure the financial future of more and more workers in the country. We [...]

By |2023-02-21T06:15:08+00:00February 21st, 2023|All, Financial Planning|Comments Off on NPS: A Viable Investment Avenue for Retirement Planning

Which investments assist in tax saving?

Household savings are primarily held in fixed deposits, states the Reserve Bank of India's (RBI) annual report 2022. Fixed deposits account for 6% of gross national disposable income (GNPI), while equities account for 0.5%. However, there is a larger issue impeding wealth growth: tax inefficiency. People are so focused on tax deductions that they [...]

By |2023-01-03T06:02:05+00:00January 3rd, 2023|All, Financial Planning|Comments Off on Which investments assist in tax saving?

Which vehicle-a Mercedes or a SIP-would you pick?

If you haven't been living under a rock, you've probably heard about the current trending debate on SIPs being the luxury automaker's main rival in India. The argument is pertinent in the Indian context because there is a much greater emphasis on saving than there is in the west. There aren't any reliable state-run [...]

By |2022-12-06T05:27:41+00:00December 6th, 2022|All, Financial Planning|Comments Off on Which vehicle-a Mercedes or a SIP-would you pick?

4 causes of retirement planning failure

The significance of retirement planning is understood by almost everyone. However, it will be challenging to retire comfortably if you don't make good financial plans. Nowadays, a lot more people avoid retirement planning instead of making plans for the future. Even though retirement planning is essential, many people often come up with justifications for [...]

By |2022-07-12T06:37:17+00:00July 12th, 2022|All, Financial Planning|Comments Off on 4 causes of retirement planning failure

How Your Financial Plan Can Change Your Childs Future

Creating a secure financial future for your children and dependents is one of the most important aspects of personal financial planning. It is essential to plan ahead and invest in your child's future. You should start early so that your child has a solid financial foundation that is not debt-ridden when they are ready [...]

By |2022-06-06T11:02:37+00:00June 6th, 2022|All, Behaviour Finance, Financial Planning, Markets, Personal Finance|Comments Off on How Your Financial Plan Can Change Your Childs Future

Going beneath the Iceberg’s tip: What do Financial advisors really do?

It is quite impossible to add ‘managing Finance’ and ‘walking in the park’ in the same sentence, especially while handling the financial assets of another individual. It takes a lot of effort to zoom out to look at the whole financial map of a person and advise them accordingly. People who define financial planning [...]

By |2022-04-01T11:23:43+00:00April 1st, 2022|All, Financial Planning|Comments Off on Going beneath the Iceberg’s tip: What do Financial advisors really do?

Does a retirement corpus of Rs.100 Crore sound like a dream or a possibility?

In an address at a Wealth Creation Summit, veteran investor Mr. Ramesh Damani stressed the essential step of saving early in life. He described how prudent investing behavior could turn an amount of Rs 10 lakh per year into a mind-boggling Rs 100 crore within a span of 30 years. While the mathematics of [...]

By |2022-01-27T10:20:04+00:00January 27th, 2022|All, Financial Planning|Comments Off on Does a retirement corpus of Rs.100 Crore sound like a dream or a possibility?
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