Retirement Planning: My Story So Far

Freefincal has its origins in retirement calculators. For a long while, all I did was to make different variations of retirement sheets, input my numbers and stare at the results.  Soon I went on to make different inflation-protected income generators 

The idea here is to divide the retirement corpus into different buckets. Some buckets are fixed income instruments which provide income for immediate and near future and some are equity which are to provide income after 10Y or so.

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World Cups Serve as Wonderful Life Markers!

As I begin to write this, the cricket world cup 2015 final is scheduled to begin in an hour. World cups occur once in four years which can be a mini lifetime!  Each cricket and football world cup, I ask myself, where was I the last time it was played? Where will I be the next time it will be played?

‘Where’ here refers to my life as a whole and not just my fiscal health.  If I feel happy during a world cup, I am almost certain that the law of averages will strike and that I will be sad during the next event. If I feel sad during a world cup, I am also most certain that the law of averages will fail and that I will continue to remain sad come the next event.

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To buy, or to rent, that is the question.

When should I buy a house? Should I buy it as soon as possible, or should I wait for property prices to ease? Should I invest and then buy with it after some years? How important is it to have a property that we can call our own? Why can’t I stay in rent forever?

A look at some of these issues sourced out of my comments from a thread at Facebook group Asan Ideas for Wealth.

I have received suggestions to make a rent vs. buy calculator.  I believe such calculations are problematic  since the only input that makes a difference is the rate at which property prices appreciate.

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Tax Savings Through National Pension Scheme: PFRDA Newsletter

The following is a communication clarifying tax savings through the National Pension Scheme (NPS) from the Pension Fund Regulatory and Development Authority (PFRDA).  Click on the image to enlarge.  I am posting it purely by way of information because I have received several emails on the subject.  This is not a recommendation for NPS.  If you are considering using the NPS for saving tax or for your retirement, please do read the following:

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Second Investor Workshop at Bangalore

The second investor workshop on financial planning and goal-based investing at Bangalore will be held on April 12th, 2015. We already have 120 participants registered. Only about 20 seats left.

Event Details

The workshop will cover basic aspects of

  • financial planning
  • goal-based investing
  • direct equity investing and ways of stock selection
  • mutual fund selection and analysis
  • goal tracking and portfolio management.


1) Pattu –

2) Krishna Kishore

3) Deepak Shenoy

4) V Muthu Krishnan

Registration Fee: Rs. 750 per person. Do register with your spouse if possible.

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