Retirement planning is being widely discussed these days with people being more and more aware of the FIRE movement. FIRE is a movement that refers to ‘Financial Independence, Retire Early’. The idea found its value in the lives of youngsters who wanted to enjoy a relaxed retirement as soon as they could, rather than spend ...

A financial advisor is a person who partners with you and goes the extra mile to keep you financially secure. With more and more people opting for aggressive investing these days, the need for financial advisors has also increased. According to a study, the demand for financial advisors has gone up by 12% in just ...

Investing is one of the most crucial financial decisions people make in their life. The world of investments is an extremely vast domain with numerous options to deal with. However, not many investors are familiar with all the asset classes that the investment market offers.  Improper knowledge and experience sometimes leads them to investing in ...

The financial rulebook says that you should never depend on a single income, and that creating a second source by strategic investments is the answer to a secure life. But if investing was that easy, everyone would be a stock trader.  Market volatility, risk tolerance, allocation of units, and finding the right time period to ...

The first step towards achieving financial security in life is to make and follow a sound financial plan. Financial planning is critical towards amassing enough wealth to lead a comfortable life. However, even with a good plan in place, there are many pitfalls that need to be avoided at all times. Unnecessary mistakes in financial ...

Do you have a ‘Why’ to live for? A ‘Why’ brings a purpose to your life, and is a pre-cursor for ‘How’ to live. It makes your goals more achievable and real. People go to college for an education that can get them a good job, they eat more vegetables to maintain good health, they ...

The idea of any investment being risk-free is nothing but a farce. The degree can vary from one investment to another, but risk in investment is omnipresent. There also exists a popular concept of risk-reward, which follows the simple principle; ‘the higher the risk, the higher is the reward at the end’. But not many ...

Is the mere thought of retirement giving you sleepless nights? Well, you are not alone. According to a recent survey conducted by Bankrate, 36% of Americans are losing sleep over financial concerns. The life expectancy is high in the U.S., a baby boomer is expected to live for an average of 78 years. These statistics ...

Savings are a great way to ensure that your future remains stable and secure.  When we talk about future savings, we often neglect planning for a very important event, i.e. college. With the increasing debt of student loans, planning for education funds is an important part of today’s economy.  But surprisingly, according to a survey, ...

If you are tired of working now, just imagine how hard it will be to go back to work when you run out of money during retirement. Even in your 70s and 80s, you would still want to travel, eat out, and have a place to call home. But unlike a steady salary that you ...