by Vidya Kumar | Apr 28, 2014 | Retirement, Senior Citizens, Smitha Hari
On retirement, most retirement plans allow you to withdraw a part of the accumulated corpus, while the remaining will need to be used to purchase an annuity plan from an insurance company. There are various options to choose from while determining your annuity...
by Vidya Kumar | Mar 14, 2014 | personal finance, Senior Citizens, Smitha Hari
Senior citizens are offered various financial and non-financial benefits. Higher basic exemption limits on Income tax, higher deductions in certain provisions of the Income Tax Act, higher interest rates on fixed deposits, cheaper railway and air tickets in the form...
by Vidya Kumar | Jan 21, 2014 | Retirement, Senior Citizens, Smitha Hari
Retirement Planning is critical in today’s age of rising expenses and higher life expectancy. Here is a quick look at the top 8 must-haves which should be in place before you hang up your boots. Download PDF Life expectancy has gone up in India with the...
by Vidya Kumar | Jun 5, 2013 | insurance, Senior Citizens, Smitha Hari
With medical expenses growing at a rapid pace, it is important that every individual has a health insurance policy to meet unexpected expenses. This becomes all the more relevant as one becomes old, as health care expenses are bound to increase substantially when you...
by Vidya Kumar | May 8, 2013 | Retirement, Senior Citizens, Smitha Hari
The other day, we had a family get-together, and two of my uncles got discussing about their retirement plans. One of them had just realised from his financial planner that he fell short of the retirement corpus he required to maintain the present lifestyle. He had 10...
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