Want happy retirement? 5 tips to build wealth to achieve financial freedom
1 year, 6 months ago

Want happy retirement? 5 tips to build wealth to achieve financial freedom

India TV News  

Having a proper retirement plan gives you the opportunity to receive income from different sources. For accumulating funds for retirement, there are multiple financial instruments available in today's time, like mutual funds, the National Pension System, and PPF among others. Start investing now: It goes without saying that a person should start investing from the start of employment to reach financial freedom. Invest in equity: For retirement planning, investing a portion of money in equities can generate higher returns than other traditional investment options. "Invest money in equities; mutual funds help in steadily building wealth," Sooraj said, adding that investing in equities can also help in beating inflationary pressure as they deliver a higher rate of return.

Investing Retirement Financial Wealth Sooraj Financial Freedom  retirement  wealth  investment  build  investing  good  financial  start  happy  income  stocks  money  achieve  tips  freedom

History of this topic

Retirement Planning: How to build a strong financial foundation early
2 months, 2 weeks ago

Retirement Planning: How to build a strong financial foundation early

Live Mint  

Retirement is a phase we all face, especially for salaried professionals. While it's easy to focus on immediate priorities and push retirement planning aside, understanding the challenges of retirement can help you take timely action and avoid financial stress later. Compressed financial goals: Many people today delay marriage and starting a family, leading to overlapping life goals—like funding children’s education, …

Build Wealth: Secure Your Future With These 5 Personal Finance Habits
3 months, 1 week ago

Build Wealth: Secure Your Future With These 5 Personal Finance Habits

ABP News  

By Ramneek Ghotra Managing personal finances effectively is key to building a secure financial future. 20 per cent to self-care and discretionary expenses like dining out, hobbies, entertainment or even personal development. 20 per cent for savings aimed at long-term goals like retirement, buying a house, or starting a business. 10 per cent for emergencies to ensure you’re prepared for …

Retirement ready: Here are some essential tips for financial security
4 months ago

Retirement ready: Here are some essential tips for financial security

Live Mint  

The idea of planning for retirement at a young age may seem unconventional to many. Retirement planning is an essential component of a sound financial strategy, providing ample time to address potential challenges that may arise. Here are some tips to ensure financial security in retirement: Setting the foundation: Evaluating financial goals Effective retirement planning begins with assessing financial goals. …

Investing in yourself: How can saving today secure your financial future?
9 months, 3 weeks ago

Investing in yourself: How can saving today secure your financial future?

Live Mint  

In recent years, the Indian economy has seen rapid growth and transformation. It underscores the crucial role of personal finance management in achieving financial freedom. The impact of long-term debt Delayed Financial Freedom: Continuous debt payments can inhibit your ability to invest in assets that appreciate over time or generate income, delaying the achievement of financial freedom. Being accountable in …

Financial freedom: Equity investment and its power in building high-income portfolio
1 year, 3 months ago

Financial freedom: Equity investment and its power in building high-income portfolio

India TV News  

Achieving financial freedom is a dream for many. The very first step towards achieving financial freedom is to manage your finances effectively and understand what financial freedom means. According to Sooraj Singh Gurjar, founder and MD of Get Together Finance, financial freedom can only be achieved when money grows. "Financial freedom comes from the thought that it is no longer …

8 ways to plan your finances for a secure and prosperous New Year
1 year, 3 months ago

8 ways to plan your finances for a secure and prosperous New Year

Live Mint  

As we approach the upcoming New Year, it’s an ideal moment to assess your financial situation and establish goals for the upcoming year. This checklist encompasses: Deciding your financial goals Effective financial planning is essential for successfully navigating various life stages and realizing your financial objectives. Churn your assets for effective portfolio rebalancing Establishing a desired asset allocation and effectively …

The idea of financial freedom and early retirement is a flawed concept
1 year, 7 months ago

The idea of financial freedom and early retirement is a flawed concept

Live Mint  

Most young people in their late 20s or early 30s think they have come up with the perfect financial plan: work till the age of 40, save enough money during that time and retire rich. Hence, drawing fixed and definite targets to achieve financial freedom often turns out to be illusory. Rather than dreaming of retirement obsessively, a good way …

Creating A Budget For Future Planning; 8 Simple Ways On Achieving Financial Freedom
2 years, 1 month ago

Creating A Budget For Future Planning; 8 Simple Ways On Achieving Financial Freedom

News 18  

Financial freedom is when an individual has enough financial resources to cover their basic needs and still has enough left over to invest, save or spend as they wish. Set financial goals The first step towards achieving financial freedom is setting financial goals. Create a budget Creating a budget is a critical step towards achieving financial freedom. Save and invest …

How to create some financial freedom to do what matters most to you
2 years, 3 months ago

How to create some financial freedom to do what matters most to you

CNN  

Let’s be honest: Saving and investing may be necessary, but they often can feel like a chore. “We obsess over investment allocation, but we don’t spend much time thinking about other allocations,” said Christine Benz, Morningstar’s director of personal finance and retirement planning. … It’s important to articulate shorter term escape hatches.” Meeting your ‘time on earth’ goals Spending more …

What Is Financial Freedom And Ways To Achieve It
2 years, 5 months ago

What Is Financial Freedom And Ways To Achieve It

News 18  

Since the beginning of time, investing has been seen as the purview of men, and historically, women have avoided it. A sizable percentage of women are under-confident and still rely on, either entirely or in part, the men in the house to decide upon financial matters. For a working woman, it may mean the freedom to decide upon financial matters …

How much corpus amount do you need for retirement? Here’s a key guide
2 years, 5 months ago

How much corpus amount do you need for retirement? Here’s a key guide

Live Mint  

In the first part of this series on Financial Freedom, MintGenie gave you a simple guide on how to reach financial freedom in India. ---------------------------------------------------------------- The most important goal in financial planning is the retirement goal. Following are the things which you must focus apart from money to enjoy your retirement: Good health – With all the money and financial …

Financial Freedom: What is it and how you can follow these 4 steps to achieve it
2 years, 5 months ago

Financial Freedom: What is it and how you can follow these 4 steps to achieve it

Live Mint  

We are living in times of constant innovation. Estimating your goal Once you have taken care of the risk aspect of your personal finances, the next step is to figure out how much you need for financial freedom. For any financial freedom goal, the primary options of investment are employees provident fund, public provident fund, national pension scheme, and equity …

Independence Day 2022: Here are five tips that can help you achieve financial freedom
2 years, 7 months ago

Independence Day 2022: Here are five tips that can help you achieve financial freedom

Firstpost  

The term ‘financial freedom’ can mean different things for different individuals. But what it denotes is that people have the means to achieve their dreams without being driven constantly to fulfil their monetary requirements As the nation completes 75 years of independence, we have come a far way in many sectors of the economy. This Independence Day, here are five …

5 main things to do now to achieve financial freedom
2 years, 9 months ago

5 main things to do now to achieve financial freedom

Live Mint  

Some people believe that financial freedom is a far-off fantasy. If you have enough savings, investments, and liquid cash to deal with practically any crisis that life throws at you, you can attain financial independence and become financially independent. Let us now look at some ways to achieve financial freedom Set goals in the present There is a significant difference …

Freedom from financial woes
3 years, 7 months ago

Freedom from financial woes

Deccan Chronicle  

Mumbai: In the last two years, the Covid-19 pandemic has played havoc in people’s lives. With the country celebrating its 75th Independence Day, here is a broad plan that one could follow to achieve ‘independence’ from financial worries. Says Balwant Jain, a tax and investment expert, “One should plan for achieving financial independence early in life. Buy life and health …

Independence Day Special: How to become Financially Independent?
6 years, 7 months ago

Independence Day Special: How to become Financially Independent?

India TV News  

Financial independence holds a different meaning for everyone. While you take on and repay your debts, to attain complete financial freedom, you must allocate your earnings into lucrative investment options too. Consider options like Fixed Deposits, mutual funds, Gold ETFs, shares, Provident Fund, and others to create a strong investment portfolio as your financial backbone. Manage your income judiciously Just …

Discover Related