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Hey there, reader! Let's sit down for a moment and talk about something that might not be on your radar yet - retirement. Yes, we know what you're thinking. "I'm too young to think about retirement!" But let's put that thought on pause and consider the bigger picture for a moment. Whether you're just starting your career, settling into your first job, or finally hitting your stride professionally, the concept of retirement might feel like a lifetime away.
But is it rea......
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December 22 2022
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Pension refers to the amount you save in different forms to boost your financial security for your retirement years. This amount is usually saved through different pension schemes or investment plans. Certain plans like Employee Provident Funds (EPF) are created by your employer. In an EPF, you contribute 12% of your basic salary towards the scheme while your employer matches your contribution. This allows for a certain fund to be accumulated over time which, on maturity, provides......
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December 20 2022
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Pension is the amount that one invests periodically in the pension fund to receive a regular income post retirement. Few organisations still create pension fund for their employees in which employees contribute a part of their salary each month and employer also top it up . In addition to employer run pension schemes, most of the Life Insurance Companies also have pension products. Salaried as well as non......
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July 29 2022
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A lot of us are left feeling extremely perplexed when it comes to planning for our future goals. Especially when it comes to something like retirement planning, it can be confusing to know where to start. If you too, feel unprepared when it comes to being retirement ready, don’t worry. It isn’t too late.
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July 22 2022
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Having an early retirement plan is an important financial goal for a lot of people. Being able to have enough savings, investments and cash on hand to be able to afford the kind of lifestyle you imagine for yourself and your family is a great goal to have. It could also mean being able to retire early and pursue an alternative career or a different goal without being w......
February 2 2024
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