This is the archive of all our articles related to retirement planning
A retirement plan is a road map that helps you understand, plan and prepare for a financially independent life post-retirement. Well, that is what it is supposed to be! Unfortunately, each person’s retirement roadmap is unique. While past and peer experience can aid to a certain extent, it is entirely up to us to chart…
Continue reading →Here is a list of all the Excel-based free personal finance calculators available for download in the blog. This list will be available in a separate page in the navigation menu. If you see calculators you have not checked out before, do give them a try this weekend. If you find the calculators useful, please…
Continue reading →This is a guest post by Jitendra Kumar, Sr.Business Analyst- Fiserv. Mr Kumar is a certified financial planner. His additional qualifications include MBA and Certification in Investment & Portfolio Mgmt. (IIMB). He is also a certified associate of the Indian institute of bankers (CAIIB). ~~~~~ Traditional Financial Planning works on certain assumptions on returns, risk, inflation, savings growth…
Continue reading →Rajesh Dalmia a certified financial planner and director of Mandar Learning Academy has authored an impressive do it yourself financial planning guide for investors to understand the basic features of insurance planning and goal-based investing. The guide has four excellent calculation charts that enable one to calculate Necessary life insurance cover Corpus’s needed for retirement,…
Continue reading →Recently subra wrote an article on Payoff Mortgage or Invest…continued. Here is a calculator to fortify the argument I have modified my financial freedom calculator to accommodate immediate lump sum investment to the lender to check if that option is better than investing the money for retirement (aka financial freedom) The excel file explains the…
Continue reading →There are times when we have a large sum of money to be spent, not in one-shot, but over the course of a few years. Retirement of course is the most obvious and most complicated example wherein the corpus has to last from a few years to decades. There can other situations: a person who…
Continue reading →Worried that you will never be able to invest enough for retirement? Do the results of a retirement calculator scare you? Learning about the ‘bucket strategy’ might help cope with these issues. How much do I need to retire? Most people (among those who bother to ask!) are troubled by the answer to this question….
Continue reading →Manish Chauhan’s second book, “How to be your own financial planner in 10 steps” is a great ‘action’ book guiding people through the basic steps of financial planning. This post describes a retirement calculator inspired by the book and is based on ‘corpus withdrawal rate’ Step no. 6 is “Start your retirement planning”. In this…
Continue reading →Ever Since I started this I have benefited immensely from a few users who have evaluated the calculators thoroughly. Many errors were corrected and I have come to realize how complex each person’s financial situation is. Yesterday I was contacted by someone who was going to retire next year and had trouble using my online…
Continue reading →Can you become financial independent and retire in 5 years? I came across the Early Retirement Extreme blog sometime back. Dr. Jacob Lund Fisker is a theoretical physicist who became financially independent in 5 years by saving upwards of 75% of his take-home pay. He has also written a book about how he did it….
Continue reading →Unfortunately there is, or at least can be, a big difference between: “When I WANT to retire” and “When I CAN retire” WANT is governed by job pressure, stress, burnout etc. CAN is unfortunately governed by how one can save, inflation, interest rates, life expectancy Find out when you CAN retire using the excel based…
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