Q :I am planning to Buy Birla SL dream plan 50L cover premium 20K. Maturity amt abt 4.5L after 25 yrs @6%growth. Pls advice Answer : Birla SL Dream Plan has a feature whereby it offers substantially high risk cover with low premium commitment. The plan also has guaranteed maturity value depending on...

Q :I'm 27 yrs old. I want to know about pension plans. Which bank or financial institute provides best pension plan? Answer :If you are looking for a traditional pension plan, you can choose between LIC's Jeevan Suraksha/Jeevan Dhara (depending on the benefits you prefer). Private insurance companies...

Q: I want to make a retirement solution for my father, advise appropriate one please. Answer: For a retired person, it is important to take care of two things:Monthly income and inflation-adjusted growth of the portfolio. The second objective can be achieved through investing in equity stocks/ mutual...

Q: I'm 30 years old looking for a good pension plan. can you please suggest which one is better, especially in LIC and SBI?     Answer: If you are looking for a traditional pension plan, you can choose between LIC's Jeevan Suraksha/Jeevan Dhara (depending on the benefits you prefer...

Q: I'm 46. my service is 14 years left. please guide me with retirement solutions      Answer: Age 46 is a good time to do a financial health check up and plan for your retirement, if you already haven't done so. You will need to get a good idea of where you are financially...

This could happen to anyone. Suppose you switch jobs, from a smaller organisation to a much larger company, with a huge jump in salary. The hike has you ecstatic till pay day. For, that's the time you find a huge chunk of your 'hefty' salary missing. It has gone as tax and into the Provident...