NPS - National Pension Scheme - India

 

Deferment Option

https://www.npscra.nsdl.co.in/nps-exit-option.php

https://www.npscra.nsdl.co.in/faq-deferment-sg.php

https://www.thehindu.com/business/Economy/deferred-withdrawal-from-new-pension-scheme-allowed/article4508634.ece

21 April 2021

https://www.thehindu.com/news/national/no-annuity-rider-nps-subscribers-get-5-lakh-exit-option/article34329942.ece

Retirement Savings Calculator - 25 Times Your Annual Expenses During Retirement

You need to have 25 times your annual expense at the time of retirement.

Your portfolio needs to make close to 10% pa at the time of retirement. To earn that rate of return,  you need to have a reasonable mix of equity, debt and real estate at the time of retirement.

Of the 10% that your portfolio makes, you can use only  4% for your annual needs. The balance 6% needs to be invested back in the portfolio to maintain your income for future inflation protection.

Retirement Savings Calculator - CNN Money

http://money.cnn.com/calculator/retirement/retirement-need/


Assumptions

You'll live to age 92.
85% of the income before retirement will be required by you after retirement.
Your salary will increase at 1.5% + inflation rate.

Annual rate of return of 6% on savings is assumed.

American Parents Behave like Indian Parents only When it Come to The Education of Their Children

They give all they have to their children for their studies. Is it wrong?

http://www.huffingtonpost.com/learnvest/4-college-savings-mistake_b_6992756.html?ir=India

Savings and Investment Information for Senior Citizens - Retired Persons

Investment Planning for Retirement - SEBI - MCX Guide Book
http://www.sebi.gov.in/cms/sebi_data/investors/financial_literacy/Investment%20Planning%20for%20Retired%20People.pdf