A common mistake is assuming that the value of retirement savings will remain constant over time. For example, a ₹5 crore corpus today will lose significant purchasing power over 25 or 30 years due to inflation.
After completing my graduation (B. Com), I started my career in the agency in October 1999. My areas of work are LIC, general insurance, Postal Savings and Mutual Funds. In the short duration of my stint as an insurance advisor, I've provided the benefits of insurance to about 400 families, selling 640 policies. Also, I've been servicing about 1250 of other agents' policies.
Read MoreFinancial Express 02/09/2024
A common mistake is assuming that the value of retirement savings will remain constant over time. For example, a ₹5 crore corpus today will lose significant purchasing power over 25 or 30 years due to inflation.
Money Control 19/08/2024
Gift your sister a term deposit, a SIP in mutual funds, enrol her for a financial planning workshop or book an appointment with a financial adviser to make a personalised investment plan.