PhonePe has added the ability to contribute to the National Pension System (NPS) directly through its app, making it easier for millions of users to invest for their retirement. This new feature, launched under Bharat Connect, simplifies the process and offers convenient digital payment options for NPS contributions.
Navigating the cost-of-living crisis can feel overwhelming, but taking proactive steps now can lead to a much more prosperous future. This article outlines five simple financial moves you can make today to secure a brighter financial future for yourself and your family, from tackling debt to building an emergency fund and maximizing retirement savings.
Corebridge Financial, Inc. (CRBG) has launched its new retirement product, the Corebridge MarketLock Annuity, expanding its annuity offerings and positioning itself as a leader in the growing registered index-linked annuity (RILA) market. The MarketLock Annuity features a unique accumulation strategy and customizable options, providing clients with a balance of growth potential and downside protection.
Grant Cardone, CEO of Cardone Capital, criticizes Vice President Kamala Harris’ engagement with the cryptocurrency community, viewing it as mere political maneuvering. He contrasts her approach with that of former President Donald Trump, whom he believes has a deeper understanding of the digital asset landscape. Cardone also expresses strong disapproval of traditional retirement savings plans like 401(k)s and IRAs, advocating for a more aggressive approach to wealth accumulation. His focus on financial literacy underscores a crucial gap in American society, highlighting the need for greater education and understanding of financial concepts.
This article explores different retirement planning strategies through the experiences of three women with varying ages and backgrounds. Learn how early planning, mid-life adjustments, and later-stage solutions can contribute to a financially secure retirement.
As you transition into retirement, protecting your hard-earned savings becomes paramount. With economic uncertainty and market volatility, a shift towards lower-risk investments can help ensure a steady income stream and safeguard your financial future. This article explores the benefits of diversifying your portfolio, reducing exposure to market fluctuations, and securing a consistent income flow in retirement.
This article delves into the National Pension Scheme (NPS) and Employees’ Provident Fund (EPF), two popular retirement savings schemes in India, comparing their features, benefits, and suitability for different retirement goals. It aims to guide readers in choosing the ideal investment plan to secure a comfortable retirement.
The Life Insurance Corporation of India (LIC) has introduced a revolutionary policy, the New Jeevan Shanti Plan, that promises a guaranteed lifelong pension with a single investment. This plan caters to individuals aged 30 to 79 and offers two options: Deferred Annuity for Single Life and Deferred Annuity for Joint Life. It also includes death cover, flexibility for surrender, and a minimum investment of ₹1.5 lakh.
A new study reveals Edinburgh as the most financially confident city in the UK, followed closely by Cambridge and London. The study highlights the importance of financial education and the impact of time spent learning about money management on confidence levels. Despite high levels of confidence in specific areas like investing, cities like Liverpool and Belfast struggle with overall financial security.
The LIC Saral Pension Plan offers a guaranteed monthly pension upon retirement with a single one-time investment. This plan is designed for individuals seeking a secure income stream after retirement, offering flexibility in annuity amounts and loan facilities.
