I am 30, I am taking a term life insurance for 55 years with premium paying term only 10 years. It is good no?

No. it is not good. It is like throwing your hard earned money down the drain! Please read on to find out why it is not good. Term life insurance This is the cheapest insurance to cover the risk of loss of income for your dependents if something happens to you. You need to take …

I am 30, I am taking a term life insurance for 55 years with premium paying term only 10 years. It is good no? Read More »

Soon I am getting retirement from the service. How do I plan for my investment after retirement?

Since you have asked this question, I assume you do not have a pension. You will be receiving your PF, Gratuity etc. from your company and you have some amount of savings for your retirement. For retirement planning, there are several factors which you may need to consider. What will be the post retirement monthly …

Soon I am getting retirement from the service. How do I plan for my investment after retirement? Read More »

Mutual funds: Regular plan Vs Direct plan

 In 2013, SEBI introduced the Direct plan which are mutual funds which investors invest directly contacting the fund house. The intention of SEBI was to segregate the sales and distribution costs and charge these costs only to regular plans. So that direct plans will be free from these additional costs. Investors who invest in direct …

Mutual funds: Regular plan Vs Direct plan Read More »