Money Vichara

Retirement planning is one of those things we all think about but rarely act on until it's too late. The biggest concern? Running out of money. No one wants to outlive their savings, yet estimating how much is "enough" is tricky. A widely accepted rule of thumb suggests that if you withdraw 4% of your retirement corpus annually (adjusted for inflation), your money should last at least 30 years. This is known as the 4% rule , a concept that originated in the U.S. and has been extensively studied. But can it work in India, where inflation is higher, markets behave differently, and fixed-income investments follow a unique pattern? The short answer: Not always. While the 4% rule is a good starting point, it needs modifications to suit Indian retirees. Let’s explore its origins, limitations, and better alternatives for Indian investors. Where Did the 4% Rule Come From? The 4% rule was introduced by William Bengen in 1994 , based on historical market data from the U...

Retirometer - V (Retirement Risk Assessment Calculator) 🌙 Retirometer - V (Retirement Risk Assessment Calculator) Current Age: Retirement Age: Current Savings (₹): Regular Annual Savings (₹): Current Annual Expenses (₹): Return % (Annual): Inflation % (Annual): Calculate Reset Ratirometer Comfortable Secure Stable Moderate Risk At Risk Critical Safe Withdraw...

Why Delaying Investments Can Be a Costly Mistake Many people think about investing but keep postponing it. There is always an excuse—waiting for a better salary, thinking expenses will reduce in the future, or assuming that they will invest once they have enough knowledge. However, what they fail to realize is that the biggest asset in wealth creation is not money, but time. Every year you delay investing; you are reducing your potential returns significantly. The most powerful tool in wealth creation is compounding , which works best when given time. The earlier you start; the less effort and money you need to accumulate a large corpus. However, the longer you wait, the harder it becomes to reach the same goal. If you think investing a little later will not make a big difference, you might want to reconsider. Even a five-year delay can reduce your wealth by lakhs of rupees. The impact is not visible immediately, but by the time you realize it, you might have lost precious financ...

Cost of Delay & Wealth Impact Calculator Cost of Delay & Wealth Impact Calculator Current Age: Retirement Age: Current Investment: Regular Annual Investment: Expected Annual Return (%): Yearly Increase in Investment (%): Inflation Rate (%): Life Expectancy: Total Annual Expenses: Calculate Total Expenses in First Year of Retirement Corpus Required at Retirement Corpus Available at Retirement Annual Investment Required Scenario Same Lifestyle Improved Lifestyle (+20%) Sacrificed Lifestyle (-20%) ...

Life is full of surprises, some pleasant and others challenging. While we hope never to face emergencies, having a plan in place can bring peace of mind and preparedness when the unexpected strikes. In times of crisis, being organized can mean the difference between chaos and control. That’s where an Emergency Manual comes in—a comprehensive document designed to provide crucial guidance during difficult times. In this blog, we’ll explore the importance of an Emergency Manual, what it should include, and how you can create your own. I’ve also created a general template you can use, modify, and share with your loved ones.   Why Do You Need an Emergency Manual? Emergencies are unpredictable, whether it’s a medical crisis, a natural disaster, or an urgent financial situation. Often, loved ones are left scrambling to find vital information when it’s needed most. An Emergency Manual serves as a single repository for critical details, giving your family and friends access to the in...