Retirement

Retirement planning for beginners: It's not an overwhelming task to do

A retirement plan is not something you set once and forget. It needs small adjustments over time.

Goldman Sachs Services India head Gunjan Samtani to retire this year

Samtani, who spent 16 years with Goldman Sachs and nine years in his current role, will be succeeded by Ken Castelino and Balaji Sivasubramanian as co-heads

Started retirement planning at 40? Here's how to catch up in time

Step up savings rate, build equity-heavy portfolio, and automate investments

Forty and behind on retirement savings? Here's a catch-up plan

Step up savings rate, build equity-heavy portfolio, and automate investments

A silver lining for Indian eldercare companies lies overseas markets

The company has already drawn up plans to expand into Mauritius and is also eyeing Sri Lanka and Dubai

PFRDA launches new retirement income scheme and drawdown options under NPS

New framework allows phased pension withdrawals while keeping mandatory annuity rules unchanged

What Microsoft's VRS signals about workforce design in Big Tech in AI era

As Microsoft rolls out a voluntary retirement programme for its US workforce, experts say AI may push firms to trim middle layers and redirect costs

Building an ownership society with a universal retirement account for all

India needs a universal retirement account for every citizen beginning at birth in an era when capital, rather than labour, will dominate economic returns

From mini-sabbaticals to adult gap years, more take extended work breaks

If you daydream about getting a break from work, you might picture two weeks of vacation or a long weekend getaway. But some people dare to imagine something bigger and find ways to get a substantial breather from stress or their day-to-day routines. Mini-sabbaticals. Adult gap years. Micro-retirement. Extended career breaks go by many names and take many forms, from using the time between jobs to explore to taking an employer-approved leave to becoming a digital nomad or saving up for a month-long adventure. Creating space for a reset, whether mental, physical or spiritual, is the common thread. Cost, personal responsibilities and fears of being judged by colleagues, friends and family members are some of the obstacles that prevent people from hitting pause on their work lives and setting out in search of new perspectives, according to sabbatical experts and people who have taken sabbaticals. No longer just for academics ----------------------------------- American attitudes towa

Pension reforms must revamp key schemes to widen coverage: Report

SBI Research report urges mandatory contributions by large private firms, tax parity and the integration of the Unified Pension Scheme to secure a rapidly ageing workforce

Will saving for retirement be 'irrelevant' in 20 years? Elon Musk thinks so

Musk argues AI and automation may make long-term savings unnecessary

New NPS rules explained: 10 big changes that can reshape your retirement

India’s National Pension System has just undergone one of its biggest reforms in years. Exit rules are easier, liquidity is higher, and annuity obligations are lower. But what exactly has changed

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

₹1 crore seen as enough to retire, but survey shows a growing readiness gap

Despite better health awareness, financial readiness for retirement remains weak, shows IRIS 5.0 survey

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

CJI BR Gavai recommends Justice Surya Kant as next Chief Justice of India

Once President Droupadi Murmu formally approves Kant's appointment, he will take over as the 53rd Chief Justice of India on November 24, and serve until February 9, 2027

Centre issues new guidelines to ensure timely pension and retirement dues

The Centre has issued comprehensive guidelines for effective inter-ministerial coordination for timely payment of retirement dues and issue of Pension Payment Orders of central civil services employees. Major procedural reforms such as clarification on vigilance clearance before retirement has been included for reducing the delay in issuance of Pension Payment Orders (PPOs)/ePPOs, an official statement issued on Tuesday said. "It has been clarified that no pension can be delayed for the want of vigilance clearance as per the specific provisions under Central Civil Services (Pension) Rules, 2021," it said. It has been underlined that each ministry/department should ensure that vigilance clearance in respect of their retiring employees is issued within three months prior to retirement, said the statement issued by the Ministry of Personnel, Public Grievances and Pensions. The key policy measures for systemic improvement are digitisation of service records, universalisation of Bhavish

Pension assets may reach ₹45 trn in 5 years: PFRDA Chairperson S Ramann

Pension assets are projected to triple to ₹45 trillion in five years as PFRDA reforms open up customised products and aim to cover half of India's workforce by 2030

Half a million dollars for a break? World's rich take 3 mini-retirements

Retirement Is Dead. 6-12 Month Breaks Are the New Status Symbol