Early Retirement in India

How much do I need to Retire? That is undoubtedly the million-dollar-question (by the time I will retire it would be billion-dollar-question, billion with a B). It is the hottest topic in personal finance blogs these days. Yet, another way I ask myself this question is, “How little do I need each month to live after I retire?”  This slight variation in how I see the issue that changes everything I need to do before I retire. Also, it does also give me much more variate answer than just investing up in mutual funds. 🙂

If you have recently visited any news article with young couples, or individuals claiming early retirement, and are not sure how do they do that, read the above statement again.

Still, if it does not make sense, let us get into details,

“Earlier (or at least for the previous generation), retiring at the age of 60 ( or else what government norms were set for) was considered a reasonable statement. This didn’t come from a financial standpoint but from the health perspective. Retirement was not defined by how much you needed, but could you work any longer.  People were easily able to save enough by that age, and the only reason to retire for them was to look after their health.”

But not now. People have been going out for retirement at much younger ages, say 50-45 or even in their 30’s.
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8 Books to Begin your Financial Literacy



You don’t just need money to build an empire. Even if one has millions, in cash or bank account, whats’ left is a RIGHT place to invest it, at a RIGHT time along with RIGHT insurance and with the RIGHT strategy. And all these RIGHT’s only come from great knowledge and learning (usually from financial education books). Many business books have built an outstanding reputation over the years by providing value and mind-opening education to its readers.

Here we have collected some of the best financial education books for beginners to tune up their financial IQ and shape their lives to inspire themselves for greater financial success.

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Why is Financial Literacy important in 2018

In this post, we will go through what actually is financial literacy, what it can mean to you and what actionable steps you should perform to achieve it.

In many countries around the world, adults inherit low Financial Literacy these days. They often possess financial attitudes mainly oriented towards the short-term success or instant gratification and thus fail to engage in good financial behaviors that could help them improve their financial security.

What is Financial Literacy?

Well, one can always believe Wikipedia to provide a fair definition of financial literacy

“Financial literacy is the possession of the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources available. Understanding basic financial concepts like compound interest, debt management, etc allow people to know how to navigate in the financial system. People with appropriate financial literacy training often make better financial decisions and manage money better than those without such training.”

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