News
Young savers drift away even as retirees prop up bank deposits
6+ day, 3+ hour ago (819+ words) Indian banks are losing ground among working-age savers, even as retirees return in growing numbers to park money in fixed deposits and savings accounts. Recent data from the Reserve Bank of India shows the share of deposits held by working…...
Are Indians planning for a retirement that ‘no longer exists’? This CA breaks down which factors are important
6+ day, 26+ min ago (534+ words) Are most Indians planning for a retirement that no longer exists? Chartered Accountant (CA) and financial advisor Nitin Kaushik thinks so. In a viral post on social media platform X, Kaushik noted that most people's retirement plans are outdated and…...
From bonus to pension: Using two mutual fund tools to turn lump sums into lifelong income
1+ week, 6+ day ago (862+ words) Imagine a windfall gain of "25 lakh or accumulating "1 crore on retirement. Deciding what to do with such a lump sum can be overwhelming. Investing it all at once feels risky, and drawing regular income without depleting savings can be confusing....
In Hyderabad, an IAP session breaks down the real challenge of retirement planning: starting early, staying realistic
2+ week, 5+ day ago (641+ words) He urged the audience to move away from vague ideas like "I'll manage somehow" and instead treat retirement as a measurable outcome. The starting point, he said, is clarity: what kind of life do you want to live after work,…...
Why your retirement target isn’t as impossible as it looks
2+ week, 5+ day ago (682+ words) When most Indians think about retirement planning, they start with one crucial question: How much money will I need? Over the last couple of years, there has been growing consensus around a practical formula: This assumes a life expectancy of…...
What is the new 401(k)-style retirement plan announced by Trump in State of the Union address? | Today News
2+ week, 6+ day ago (511+ words) President Donald Trump announced a new economic proposal for American citizens during his State of the Union address to Congress on Tuesday, unveiling a plan designed to significantly expand access to retirement savings. The initiative aims to support millions of…...
How to fund a career break the right way
3+ week, 7+ hour ago (983+ words) A sabbatical sounds romantic until the salary stops. Whether chosen or forced, a career pause tests more than ambition: It tests liquidity, discipline and emotional stamina. The secret isn't courage, it's cash flow planning. Santosh Jahagirdar, 45, is a Pune-based IT…...
Tenley Albright, 90, takes in Olympic figure skating 70 years after winning gold
3+ week, 4+ day ago (189+ words) Speaking with arena announcers and onetime Olympians Valentina Marchei and Ben Agosto, Albright opened up her coat to reveal a U.S. sweater she said was issued originally for the 1956 opening ceremony. "I wasn't able to wear it because I had injured…...
₹20 crore and still not enough? Rethinking retirement planning
1+ mon, 1+ day ago (93+ words) 20 crore and still not enough? Rethinking retirement planning'Mint 20 crore and still not enough? Rethinking retirement planning At the Mint Money Festival, Aarati Krishnan explains why retirement feels harder today, why 25x may not be enough, and how inflation, longevity and compounding…...
How to ensure your retirement corpus does not run out early
1+ mon, 6+ day ago (358+ words) - Name withheld on request Retirement is an often-ignored subject, but it's good to see that you have been able to stitch together a reasonable corpus. However, as your income stream stops, retirement planning is a period wherein your room for…...