Page 4 - Retirement

Mega mergers and mega pension liabilities

As the government tries to set up robust next generation banks, concrete steps are needed to tackle the long-term risk of retirement liabilities

India's public spending on old-age pensions a mere 1% of GDP: Study

India, Indonesia and South Korea are among the countries with the highest share of people who wish to continue working after the retirement

Purchase an annuity, but go for the right variant at the right age: Expert

Retirees may consider a few other products as well to generate a regular income after retirement

Annuity plans take care of longevity risk, but their rate of return is low

The key attraction of an annuity is the promise of a fixed and regular income after retirement

Economic Survey warns of aging population, says retirement age should rise

It also said that policymakers need to prepare for an increasing number of elderly people, estimating there will be 239.4 million Indians over the age of 60 in 2041 against 104.2 million in 2011

Pension burden: More Japanese opt to retire late, extend employment period

Some economists expect the average pension-to-wage ratio to keep deteriorating and worries are growing that Japan's 'pay-as-you-go' pension scheme may be unsustainable

Life begins at 70

Romesh Sobti joins the growing list of reluctant retirees

How postponing retirement can plump up your savings, social security checks

By continuing to work through their 60s and beyond, they can bulk up their retirement funds and Social Security benefits and compress the time they'll have to live on savings

Will you be able to build an adequate nest egg for your retirement?

The key is to start early. Invest in equities to beat inflation.

Only one in every three Indian saves regularly for their retirement: Report

The report found that over half of working-age people (56 per cent) globally are living on a day-to-day basis financially

Checklist: Don't just assume you are saving enough for retirement

Calculate methodically how much you will need, then save regularly for it using a diversified portfolio

Retirement is not the top priority for new money

19% of those in the 25-34 year age bracket keep their savings in cash at home

Statutory savings not enough for retirement corpus

While the government's mandatory pension provisions are improving, you need to save a lot more regularly to be able to retire in comfort

Millennials not doing much about retirement

Millennials even put saving for retirement well ahead of student loans, credit card debt, and job security

Retirees must ensure corpus lasts 25 years

They should have some exposure to equities to counter the risk posed by inflation

47% Indians not saving for retirement: Survey

One in 10 working people have never received professional advice or information about retirement

Shipping ministry issues standard norms for special voluntary retirement

The posts falling vacant as result of SVRS will be abolished

Retirement age of govt doctors raised to 65 years

Modi said there is a need for more doctors across country but it was not possible to fill the gap in 2 years of his govt

Govt doctors retirement age to be raised to 65: PM Modi

If one crore families can give up on LPG subsidy, then Modi said he is sure that doctors can serve poor expectant women for 12 days in a year

Your retirement is closer than it appears

Start saving for it as early as possible and review your portfolio every 5 years