Dosa Economics: How Falling Interest Rates on Deposits is not always bad?

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The Dosa Economics of Raghuram Rajan explains the negative impact of high inflation on our purchasing power. But we already know that high inflation is bad, right? So why the RBI Governor had to coin the concept of Dosa Economics? Both, ‘high’ and ‘very-low’ inflation is bad for the overall economy and also for our pockets. Hence Reserve […]

Retirement Planning: A comprehensive guide about how to do it [Calculator]

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Retirement planning is important. Why? Because this is what is going to give us financial independence after we’ve retired from our jobs/work. The planning will ensure the availability of the required fund when it’s time to retire. In India, majority service-class retired people depend on annuity to take care of their cash flow needs post-retirement. […]

Senior Citizen Savings Scheme (SCSS), 2004

Senior Citizens Saving Scheme - IMAGE

Senior Citizen Saving Scheme (SCSS) is a “Government Initiative” in line with Government Savings Banks Act, 1873. It comes under “small savings scheme” which became live for public from 2-Aug-2004. Considering that SCSS is a “central government” initiative, the investment made here is highly secure. This is one of the reason which makes it a […]

National Pension System (NPS): Is It A Good Tool For Retirement Planning [Guide]

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National Pension System (NPS) is a ‘retirement savings scheme’ which anyone can use to build retirement corpus. Yes, NPS is a corpus builder. In itself, NPS cannot generate income after retirement. Why I’m highlighting this fact? Because as an investor we must be aware that only NPS-investing will take us through. More needs to be […]

Annuity: All About Annuity in Retirement Portfolio [Plan]


What is annuity? It is an investment product for retired people. Only after retirement, a person can get the benefits of annuity. Annuity is purchased to generate guaranteed regular income. The frequency of income generated by annuity can be monthly, quarterly, semi annually or annually (depending on selection). Is annuity a life insurance? Annuity is […]

Early Retirement: How to Retire Early From Job [Now]

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From starting days in my job, I began searching answers for early retirement. It took me close to 16+ years to finally retire from my job. At the point of my retirement, I was 40+. How I did it? Why I did it? How you too can plan and retire early from job? Probably these […]

What is Reverse Mortgage? How it can generate income for old people?

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Reverse mortgage is also a ‘home based’ loan. But it is different from our typical home loan. The main difference is that, reverse mortgage is available only for elderly people, above 60 years of age. In working, the reverse mortgage is just the opposite of home loan. Hence the word “Reverse” is used to name […]

NPS can build bigger retirement corpus than EPF. But which is better?

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Almost all salaried people in India contributes to EPF scheme to build a retirement corpus. But NPS (National Pension System) did not had this kind of penetration. In 2009, GOI made NPS available for ‘all citizens’ of India. Earlier it was available only for the government employees. Today we know that NPS can build a […]

Which is Better Between Pradhan Mantri Vaya Vandana Yojana (PMVVY) and SCSS

Vaya Vandana Yojana

GOI has announced a pension scheme called “Pradhan Mantri Vaya Vandana Yojana (PMVVY)” for retired people above 60 years of age. PMVVY scheme was made available for sale since 4th-May’2017. It will remain available for sale only till 31st-Mar’2020. Only LIC of India has the sole right to operate PMVVY. One can buy online the […]

How Easy is the Online EPF Withdrawal Process?

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How difficult it was for people to understand the EPF withdrawal process? In good old days, EPF withdrawal process was known only to the employer. Hence it was not uncommon to find ex-employees being harassed by the employers for their EPF withdrawals. But the cases of harassment was a smaller problem. The bigger issue was […]

How much money do I need to retire from job: How to Calculate?

How much money is enough to retire at 45 - image

When I was 25, I was already dreaming about financial independence. On one side, my father was enjoying his job even when close to retirement, while I was considering it (retirement) at the outset itself. Read more about how to be financially independent. [Check at the bottom of this post to know, where to invest […]