Post-retirement Life

Retirement income: Systematic withdrawals now win over dividends

An investor's instinct to live off 'income' and not 'touch capital' is a common bias. Understanding it can lead to better, more tax-efficient withdrawal strategies

Pension after compulsory retirement? Centre issues key clarification

Announcement aims to remove ambiguity around benefits available, says Department of Pension and Pensioners' Welfare

Half of urban Indians now prioritise early retirement planning: Study

India's retirement readiness improves with the IRIS Index rising to 48; health and financial awareness up but emotional well-being remains a concern, says Axis Max Life

Avoid overspending, financial mistakes in early years of retirement

Persistent high inflation in developing countries, including India, confuses people and makes them spend much more than they should during retirement

What are the best pension plans that can help you post-retirement?

From immediate to regular to deferred pension, check out your best options

East India better insured to take on retired life than other regions: IRIS

People in Eastern India are better prepared to take on retired life than their counterparts in the country's North, South or West, thanks to their enhanced saving propensity for their future, a study reveals. According to the findings of the fourth edition of the India Retirement Index Study (IRIS), conducted by Max Life Insurance Company in partnership with KANTAR, a marketing data and analytics company, East India outshone other regions, scoring an impressive 54 on the Retirement Index, significantly higher than North and South India, both at 48, and West India at 49, as well as the national average of 49. India retirement index is the degree to which Indians feel prepared for retired life on a scale 0 to 100. It is based on how prepared the country is for a healthy, peaceful and financially independent post-retirement life, surveyors explained. The survey, according to officials, is aimed at understanding the retirement readiness of urban India, with insights into awareness, ...

Parliament panel seeks review of judges' post-retirement assignments

Also questions the 'colonial legacy' of collective judicial holidays

How To Withdraw PF Advance Online? Here's A Step-By-Step Guide

Employees Provident Fund or EPF is a mandatory savings and retirement scheme for employees of an eligible organisation, which can be used as a corpus post-retirement.

Retirees can now opt to continue with 'default' investment plan under NPS

After the new rule kicks in, retirees will be able to choose to continue with the existing plan or choose a new PFM and investment plan

Proposed NPS tweaks will offer greater flexibility, say analysts

But systematic withdrawal plan carries risk that retirees may overdraw

Retirement homes: A haven for those too old to work, too young to die

They aren't the popularly imagined dwellings for spurned old parents, but offer a holistic lifestyle for those among the elderly who still have a great zeal for life

Survey shows most senior citizens want to work beyond retirement age

Conducted across urban centres in northern, western and southern India, the study shatters myths about the way the elderly spend their money

Middle age conundrum: The wisdom and the agony of advancing years

That is what age is. The body doesn't know how to heal itself because you weren't supposed to be here in the first place

Purchase an annuity, but go for the right variant at the right age: Expert

Retirees may consider a few other products as well to generate a regular income after retirement

Stay financially fit after 60

After retirement, the pressure on finances increases in the absence of regular income. Here are a few suggestions to ensure a smooth post-retirement life