Retirement Calculator: Plan for retirement using the freefincal robo advisor tool

Many first-time visitors to our website ask, “Where is the freefincal retirement calculator?” Our signature retirement calculator is now part of the freefincal robo advisor, which allows you to create a complete financial plan for your family. The retirement calculator was the first tool we created. Over the years, we have modified it by adding more…

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Can I use real estate as a passive income source after retirement?

Everyone instantly recognizes rental income as passive income – potentially the oldest one. There’s an irresistible allure to real estate, which naturally leads to inquiries about its potential use as a source of passive income, especially after retirement. We discussed how passive income is crucial to your retirement plan and how to build the ideal…

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Retirement planning pitfalls: Our monthly expenses are higher than our estimates!

One of the common retirement planning mistakes is to underestimate monthly expenses. If someone asks me about my monthly expenses, I list the usual big-ticket items, like groceries, vegetables, petrol, medicines, etc. If pushed a little harder, I recognise that it is better to consider annual expenses and compute an “average monthly expense.” The most…

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What should I do to get a pension of Rs one lakh a month pension?

A 35-year-old reader asks: “I would like to get Rs. one lakh a month pension when I retire. How should I invest to achieve this?” A pension after retirement is a necessary component of a post-retirement investment portfolio. However, it is not sufficient. Nothing beats the comfort and security of a guaranteed pension payout each…

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How should I invest if my post-retirement income exceeds expenses?

A freefincal robo advisory user shared an interesting situation with us. Both the husband and wife were senior citizens with at least 27 years in retirement to plan for. The robo-advisory tool allows users to input three different sources of post-retirement income, each growing at a different pace. This couple had an income source almost…

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