Use this annuity ladder calculator to plan for retirement with multiple pension streams

Use this annuity ladder calculator to find out how to beat inflation after retirement using multiple income streams. We all appreciate the importance of a secure income (pension) after retirement. However, inflation also has to be factored in. The primary requirement for fighting expenses increasing in retirement is a robust corpus. To accumulate this, we…

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How LIC annuity rates have changed over the last 20 years

In this article, we look at how LIC’s immediate annuity plan Jeevan Akshay’s annuity rates have over the last 20 years. This study was triggered while preparing a retirement planning illustration based on laddered annuities. Annuity rates tend to follow interest rates and inflation movements over the long term*. The first version of Jeevan Akshay…

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What are the annuity rates of LIC Jeevan Akshay VII from Feb 2022?

In this article, we list the annuity rates of LIC’s Jeevan Akshay VII (Plan No. 857, UIN : 512N337V02) launched in Feb 2022. While preparing a retirement planning illustration based on laddered annuities we wanted to find the latest Jeevan Akshay VII annuity rates. Unfortunately, neither the sales brochure nor the policy document mentions this!…

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Is it wise to retire early in my 40s if my portfolio is sufficient?

A reader asks in response to our recent article – How to beat inflation after retirement along with guaranteed pension – “Is it wise to retire early in my 40s if my portfolio is sufficient?” There is more to retirement planning than determining if the corpus is large enough to handle inflation! Financial independence and therefore…

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How to beat inflation after retirement along with guaranteed pension

Getting a guaranteed pension after retirement and beating inflation after retirement has traditionally been two extreme solutions in retirement planning. In this article, we explain how these solutions can be combined to build a robust and nearly fool-proof retirement plan. In the former, we talk about buying an annuity from life insurers for a guaranteed…

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Why complicate life with multiple retirement buckets? Why not use a single equity + debt portfolio?

A reader wants to know why a retiree needs to complicate life with multiple retirement buckets when all he needs is a single portfolio with equity and debt after retirement which is much easier to manage. About 10 years ago, I would have probably thought the same. Age and experience change perspective. See: I thought a…

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How to use the freefincal robo advisory tool to track the progress of our financial goals

In this article, we explain how we can use the freefincal robo advisory tool to track the progress of our financial goals. The robo tool as many readers would know is a financial planning tool. It automates the process of systematic risk management and suggests a variable asset allocation schedule with step-wise equity reduction. The…

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