Timothy Sumer

Retirement Saving Scheme NPS: If you want to get a monthly pension of Rs 50,000 from NPS, you need to back-calculate the corpus requirement based on the 40% annuity rule. If you only use the mandatory 40% NPS corpus for purchasing annuity, then at an annuity rate of 6%, you need a Rs 2.5 crore NPS corpus. Of this, 40% or Rs 1 core will be used for purchasing annuity. This annuity (at 6%) will generate Rs 6 lakh yearly or Rs 50,000 monthly pension. Remember, this is when only 40% corpus is used for annuity purchase. You then also get Rs 1.5 crore (remaining 60%) as lump sum tax-free withdrawal. The numbers will change for different annuity rates. Watch the video to know how to make 50,000/month from NPS #NPS #Pension #Retirement #Wealth #TaxPlanning #savingscheme #retirementsavings Follow us: Website: Facebook: Twitter: Instagram: ... ( read more ) LEARN MORE ABOUT: Retirement Pension Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GO

Morgan Stanley’s latest report shows India driving a fifth of global growth by the next decade, which is a big fillip to Prime Minister Narendra Modi government. However, it predicted a fragmented outcome in the 2024 Lok Sabha elections. News18's Marya Shakil spoke to Morgan Stanley India Managing Director Ridham Desai, who called Prime Minister Modi an ‘inflation hawk’, which essentially means he does not want inflation — this is critical for the prosperity of the economy. Desai also praised India for focusing on macro stability when countries like the US were dealing with inflation during the pandemic. Watch to know what he said! #MorganStanley #RidhamDesai #IndiaGDP Moneycontrol is India's leading financial and business portal with in-depth market coverage, analysis, expert opinions, and a gamut of financial tools. A part of Network18, moneycontrol.com is the most influential destination for stock market news and advice, business news, and news about the Ind

Zerodha co-founder Nikhil Kamath has shared data highlighting that friendship recession could become a serious crisis in the future as loneliness is equivalent to smoking 15 cigarettes a day. But what is 'friendship recession' and how does it affect us? Are there ways to combat it? Watch to find out! Also read: #nikhilkamath #recession #friendship Moneycontrol is India's leading financial and business portal with in-depth market coverage, analysis, expert opinions, and a gamut of financial tools. A part of Network18, moneycontrol.com is the most influential destination for stock market news and advice, business news, and news about the Indian and global economy. Subscribe: Follow us: Visit Facebook: Twitter: Instagram: ... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing Nikhil Kamath, a co-founder of online brokerage firm Ze

[Partnered] Don’t let your goals get impacted by inflation. Invest in Equity mutual funds to beat inflation and also create wealth in the long run. #IndiaInvestKaro #UTIMutualFund #UTISwatantra Watch now.... ( read more ) LEARN ABOUT: Investing During Inflation REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Inflation is a widespread financial issue that affects everyone, and it can eat away at the real value of your savings over time. There are many ways to combat inflation, and one of the most successful is investing in mutual funds. This article will explain how mutual funds can help you beat inflation and protect your purchasing power. Overview of Mutual Funds A mutual fund is a type of investment that pools money from multiple investors to invest in various securities such as stocks, bonds, and money market instruments. The fund's investment decisions are b