Discover and read the best of Twitter Threads about #retirement

Most recents (24)

The actual cost of delaying an #investmentdecision is often unknown until one notices a shortfall in their corpus.

This often prevents one from achieving your goals on time.

Let's explore the cost of delay with an example. (1/n)

#financialplanning #financialgoals
Let's say you are 15 years away from retirement.

After retirement, you require ₹60,000 per month in expenses (in today's value) to live comfortably. (2/n)

#retirement #financialplanning #savings #investing
The final total goal amount that you require to sustain yourselves through retirement is ₹3 Crores. (3/n)

Read 12 tweets
How can you best utilise a #promotion or #salary hike? We have come up with a quick #guide on how to make that raise work for you instead of watching it disappear! (1/11)
Before you make any decisions, first check with your HR to understand the complete breakdown of your new salary, including #tax implications. This will help you assess the actual increase in your #takehome pay. (2/11)
Remember about #inflation. The price of everyday items will also increase too. Revisit your household #budget to understand the impact of rising #expenses on your #savings, real #income and #spending power. (3/11)
Read 11 tweets
Reinfection, immune evasion, and protection of residents in LTC

This thread looks at multiple studies that help reveal why #SARS2 can #reinfect hosts and evade #immune response, #vaccine waning, and what protects residents in Ontario #longtermcare and #retirement homes. 🧵1/ Infographic showing hundred...
An unrolled one-page web view for this long thread that may be easier to read or share can be found here ( ). 2/
The 1st study looks at the protection of residents in Nursing (LTC) and Retirement homes in Ontario (… ). Their results add to accumulating knowledge that recent vaccination is important to maintain protective immunity in older adults. H/T: @MsMacrophage 3/
Read 28 tweets
Last night in Paris.
🍨🥧🎂 🥮🍥🧁🍰
This could be us, but we're too busy fighting each other instead of the corrupt capitalist system.

Wow, #Paris police are escalating and out of control.
Read 6 tweets
Are you a Senior Citizen looking to secure your Retirement and generate regular income?

Let's explore the Top investment avenues that offer stability & security! (1/n)

#seniorcitizen #investment #retirement #fixedincome
As we grow older, it's important to plan for retirement and consider investment options that offer stability and security.

Here are a few Investment avenues that offer capital preservation and regular income. (2/n)

#retirementplanning #investment #income
#1 Senior Citizen Savings Scheme (SCSS)

SCSS is a popular investment option for individuals above the age of 60.

It offers an interest rate of 8% p.a., which is higher than most fixed deposits and has a tenure of 5 years. The interest is payable quarterly. (3/n)

Read 10 tweets
#NPS - #NationalPensionSystem

Voluntary #retirement scheme.
Managed by #PFRDA (Pension Fund Regulatory and Development Authority).
Anyone from 18 to 65 yrs of age can invest.

For New NPS Registration:
For NPS Contribution:
Type of Accounts:
Tier I : Retirement A/c. Mandatory. Cannot withdraw until retirement. Initial Contr - ₹500
Tier II : No restrictions. Anytime withdrawal. Tier II can be opened only if you have a Tier I account. Initial Contr - ₹1000

Annual Min Contr : I - ₹1000, II - ₹250
Market linked returns. Invests in 3 diff funds with a mix of the following asset classes.
Equity (E): Stocks
Corporate Debt (C): PSU Bonds, PFIs, Infra comp and Money Market
Government Securities (G)
Alternative Investment Funds (A): CMBS, REITS, AIFs, etc
Read 9 tweets
Almost every millennial aspires to retire early. But most of the time, this goal seems almost impossible to achieve.

Well, let us tell you... it's NOT impossible! Welcome to the world of FIRE! (1/n)

#financialplanning #financialgoals #retireearly #thread
So, what is FIRE?

FIRE stands for Financial Independence Retire Early and it's all about achieving financial freedom so that you can retire early and live life on your own terms. (2/n)

#financialindependence #financialfreedom #retirementplanning
Can you achieve FIRE in India?

Yes, you can!

Firstly, you need to focus on your Savings Rate (SR). This means cutting back on unnecessary expenses and living below your means.

A high SR is key to achieving financial independence. (3/n)

#saving #investing #FinancialFreedom
Read 12 tweets

To never ever having a single word ever taken on board.

As you can hear @MindCharity directed me to @LSNSW_President to be treated the very same way as all have done.
Read 7 tweets
Millions of workers in #France join third mass #protest against pension cuts #Macron | -28min
- over 400,000 people marched in #Paris and a total of 2 million protested nationwide, while millions more went on #strike and stayed at home.…
#Macron #pension. #Protesters in #Paris marched peacefully with a very heavy police presence | Feb 7
- Tens of 1000s marched in the cities of #Nice, #Marseille, #Toulouse, #Nantes - against the pension bill that would raise the min retirement from 62 to 64
#Protests in #France continue against #pension reform | Feb 7
- Public transport, schools and refinery supplies were disrupted in France on Tuesday as trade unions led a third wave of nationwide #strikes a day after pension reform legislation
Read 8 tweets

Was this #dogwalker a #whitewoman by any chance?

Because for the life of me, I do not get how all can ignore what happened to #myson #AmbroseGGBall in 8 solid years unless it was @MPSHaringey posting up all the wrong information, wrong days and dates,
the wrong locations, wrong description of clothing , the wrong Fox pub, all different times of the night, leaving out the vital information leading up to during and after my son went @missingpeople, did not response for 56 hours after all the calls myself and others had made over
Read 61 tweets
For #MutualFund Industry:
1. Removal of #GST for commissions paid to #MutualFundDistributors who cannot recover the same from their investors. Only industry where this happens

We need more #MFDs to achieve goal of reaching Rs.100 lac crs in AUM
Removal of #LTCG from #Equity and #EquityMFSchemes. Will have very low impact on fiscal collections.

But it will improve sentiments and move funds from non-productive assets like #Gold to #FinancialAssets like equity.
#MutualFunds help in mobilizing small savings - channelizing them into building economy thru #Equity & #Debt. This will help in reaching $5 trln GDP target
Read 7 tweets
Important lessons from "The Psychology of Money" by Morgan Housel

I have read this book so many times and will post my favorite quotes here … do read the book #thepsychologyofmoney
"The best way to think about money is to think about it as a tool for creating options."

When we have financial security, we have more choices and opportunities in life.
"The most important thing about #money is how you think about it."

Money is just a tool, but it can have a powerful influence on our thoughts and actions.
Read 13 tweets
I was recently in Switzerland, mostly around Berne. Since there are municipal elections in #Ontario, I thought that it would be nice to talk more about quality of life beyond lower taxes. #onpoli #topoli 1/14
They come from government, the non-profit and private sectors. They may not all be applicable - of course. Thanks for the inspiration @shawnmicallef #switzerland 2/14
On Saturdays in August, all #museums in Berne were free. @museenbern… 3/14
Read 14 tweets
All you need to know about Senior Citizens Saving Scheme" (SCSS) 👴⛱️

- Min & Max Deposit
- Interest Rate
- Tax Benefits
- Eligibility Criteria
- Maturity Period
- Withdrawals

A Thread 🧵
◉ SCSS is a government-backed retirement savings plan.

The scheme allows eligible investors to invest a lump sum amount of money and offer a regular income to the investor post retirement as well as decent tax benefits.

#investing #retirement
◉ Any senior citizen (Above age 60) of the country, individually or jointly, can invest a lump sum amount in the scheme.

Read 14 tweets
If #retirement is on the list of #goals you’re investing for, should the current high #inflation lead to any change in your plans? Here’s our take: (1/5)
If annual inflation is at 7%, monthly #expenses of Rs 50,000 per month today, would become Rs 1.9 lakhs per month, in 20 years. At 5% inflation, it would become only Rs 1.3 lakhs per month. It’s best to overestimate, err on the side of caution and invest accordingly. (2/5)
At the same time, it doesn’t help to panic and look only at the short term. Just stick to your #assetallocation, and continue your SIPs. If you think your #SIP investments won’t take you closer to your retirement goal, consider increasing allocation to equity MFs. (3/5)
Read 6 tweets
During today's US Senate HELP hearing on #retirementsavings and #emergencysavings, we'll hear testimony from @AspenFSP’s @idarademacher, @WISERwomen’s Cindy Hounsell, @GROUPIRA’s Petros Koumantaros and @TIAA’s Doug Chittenden.…
The US House is also scheduled today to vote and pass on bipartisan HR 2954 - Securing a Strong Retirement Act of 2021 - also known at #SECURE2.0 - sponsored by Reps Neal (D-MA) and Brady (R-TX).…
#SECURE2.0 builds on the 2019 SECURE Act - which enabled (a) pooled employer plans #PEPs that enable smallbiz to pool their purchasing power for workers retirement and (b) lifetime income solutions.
Read 33 tweets
1. One wrong decision in life can extend your retirement age by many years. A small thread
A 40+ gentleman ended up buying an under construction apartment from a once reputed builder who went bankrupt. #personalfinance #retirement
2. Stuck with a builder who doesn't exist, banks which are charging EMI anyway & virtually getting choked on both ends apart from paying a rent.
a. Rent
b. EMI for a house that's not there
c. No income from the property because it doesn't exist
#personalfinance #retirement
The thought of reaching retirement at say 55 has now been shattered & there's no guarantee that the gent is unsure whether he can reach his retirement target. The worst decision happened to be purchasing an "under-construction" property. #personalfinance #retirement
Read 9 tweets
How can I buy a house of 50 Lakhs & retire with a corpus of 1 Crore, both by the age of 45?

well, invest just Rs 15K per month! 😱
Don't believe? See, our experts have chalked out a way for you👇👇


#retirementplanning #personalfinance #FinancialFreedom #investing
Owning ur dream house & early retirement are two most important milestones for any individual. However, one often gets compromised for the other! 😕

People hv dreams, but haven't really planned for it! This was evident in a research we did based on millions of inputs ⤵️

⚠️ 83% Indians haven't planned for #retirement !
⚠️ 77% Indians haven't planned for dream house!

(Find more shocking facts in d full report for FREE:…)

Anyway, if u r one of those who haven't planned, worry not. We'll help u👇


Read 9 tweets
The @OECD Economic Survey of 🇸🇰 #Slovakia has been released!

Preparing for rapid population ageing, boosting productivity & greening the #recovery from #COVID19 represent key policy priorities going forward.
After a deep economic contraction in 2020, #Slovakia’s economy is recovering.
Risks surrounding the outlook remain high. Supply disruptions are leading to volatile production and surging #inflation in #Slovakia.
Read 11 tweets
💰Life is much easier when you have good #Financial skills. The right allocation of your hard-earned #money is as important as earning it.

🧵In this #Thread, I have shared 5 #simple ways to
manage your money better.
📅Take out a money #Date each week

Fix a day each week, no matter how busy you are, it is absolutely necessary to take out an hour to check on your #finances. Just #investing is not enough. Keeping #Track is important. You need to make a list and note your spendings & #savings.
📚Personal Learning

To raise your financial #awareness, to identify popular avenues to #invest, to be aware of the #Risks associated and to explore new #Asset classes you must expand your #knowledge. Each week dedicate 20-30 minutes to increase your financial consciousness.
Read 7 tweets
If you take control of your finances today, then you won’t be a victim of them tomorrow.

To make it simple & give you a good picture of #Investment planning, here is a list of 7 financial calculators by @elearnmarkets to help you plan YOUR finances effortlessly. Image
💸SIP Calculator

This helps you to calculate the amount you’ll receive at the end of the investment period. It takes into consideration the #sip amount, #Investment period, & the expected #interest rate to calculate maturity amount.

Check out:
💸Future Value Calculator

The #Value of an asset is not constant.

This calculator helps you to calculate the #future value of a Present Amount after taking into account the rate of return and time period by compounding annually.

Check out:
Read 9 tweets
Wild #crypto #bull and #bear market idea thread:

There won’t be much bear market anymore like we saw back in 2010-2019; why?

1. Too many people know this #digital #asset now; with 1% high net worth will do anything in their power to buy the dip (ask their fin. advisor)
2. #Bitcoin become real reserve in many companies and few small countries now, ok, it can dip down even to 20-30k still in the future with bad news and regulations
3. With 2. if #BTC drawdown a lot from now (45-50k range), #altcoin will take hits too; of course, with bad #shitcoin they will likely drop 40-99%. pick your asset carefully! but the winner will retain value; 20-50% drop may happen; #HODL! if it's good #fundamental!
Read 9 tweets
LAOT brings to you a comprehensive reading list about all that has been said after the #retirement of Justice Rohinton Nariman from the SC on August 12 '21. Many acknowledge his contribution to Human Rights jurisprudence, others say his track record is not unblemished. Read more:
1. The overview: Mihir R writing for @scobserver presents a statistical overview of J. Nariman’s tenure. This shows…
2. "Nariman: A Legacy" @IJaising writing for @TheLeaflet_in, giving an overview of J. Nariman’s ‘stellar’ career, focusing on his landmark judgments and his commitment to liberty, while also touching upon the controversies.…
Read 15 tweets

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