Fri, Aug 09, 2024
This article explores potential retirement savings through the Employees' Provident Fund (EPF) for basic salaries of Rs 15,000, Rs 25,000, and Rs 35,000. It includes detailed calculations based on a 25-year contribution period, 8.25% annual interest, and a 5% annual salary increase, illustrating the substantial corpus that can be accumulated.
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Fri, Aug 02, 2024
The EPFO provides an annual compound interest of 8.25% on contributions. Both employee and employer contribute a maximum of 12% of the basic salary and dearness allowance (DA). Read more.
Fri, Jul 19, 2024
Wed, Jul 03, 2024
Early retirement means achieving financial freedom early, reaching a stage where you don't have to toil hard to get money for your monthly expenses and other needs. One may achieve financial freedom at 35, 50, or 60 years of age, or not at all. It will depend on how you plan your retirement.
Mon, Oct 09, 2023
Retirement Planning: It is better to plan in advance for your future and the future of your children, then how can you plan properly and what is the right investment in retirement?
Wed, Sep 20, 2023
Money Guru: Experts say how to manage expenses after 60 years? How to make retirement stress free? Understanding this, it is important to plan for it from now on.
Tue, Sep 19, 2023
Retirement Planning: The idea of an early retirement, followed by a long vacation, adventure thrills, and spending time on your hobbies, appears ideal.
Mon, Sep 26, 2022
FIRE is a new personal finance movement defined by frugality, extreme savings, and investment.
Wed, Nov 17, 2021
Know today in Money Guru what is the concept of Early Retirement and why is its trend increasing among the youth?
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