“You can be young without money, but you can’t be old without it.” – Tennessee Williams. Key takeaways: Retirement shouldn’t mean an inactive life. It should also not mean no income at all. Ideally, it should lead to you doing something more meaningful that inspires you. Prior to retirement, it is essential to be debt …
“Spend less than you make; always be saving something. Put it into a tax-deferred account. Over time, it will begin to amount to something. This is such a no-brainer.” — Charlie Munger Having 1 crore rupee (10 million for those outside India) is a nice sum of money. It embeds a sense of security in our …
Inflation is when you pay fifteen dollars for a ten-dollar haircut that you used to get for five dollars – Sam Ewing The seeds of second world war were sown during the hyper-inflationary period in Germany (after the first world war). Inflation is indeed a big tax on savers. Well, in my family, I was …
An investment in knowledge pays the best interest – Benjamin Franklin I studied in a government school where semi-annual fee was 57 rupees. Later on, I qualified to study at one of the IITs, considered the best engineering college in India. During those days (around 20 years ago) the total fee for the 4 year …
Plan for kid’s education- How much will it cost? Read More »
And in the end, it’s not the years in your life that count. It’s the life in your years. – Abraham Lincoln The world is becoming an increasingly old. Life expectancy has been increasing. As a result, many people find themselves not fully prepared for a long retired life. Preparation for retirement should ideally be …
