Financial checklist of top 9 tasks before moving abroad
- April 25, 2016
- Category: NRI
Are you planning to migrate abroad in the near future? It is time you start preparations early on. No, we are not talking about completing paperwork for migration, packing, etc. While people usually focus on the regulatory and travel issues, they forget to organise their financial affairs. What happens to your life and health insurance policies in India? How would you operate your bank accounts if required? Would share trading and other investment rules change if you become NRI? These and many such questions need to be addressed and acted upon before you become NRI. Here is a financial checklist […]
How to prepare yourself mentally for retirement?
- April 12, 2016
- Category: Retirement Planning
When we talk about retirement planning, it is usually perceived in terms of how much funds to save, where to invest in twilight years, etc. The focus is essentially on getting finances in order and accumulation of adequate savings. But retirement planning is more than this math. It is also about starting a second innings in your life, akin to rebirth. Many people dream about the day they will be able to retire, be relieved of all major responsibilities and have time to relax with family. While the thought of not being tied to your job can be very relieving, […]