EPF Maturity – How to accumulate 1 crore wealth?
EPF maturity and How to accumulate 1 crore wealth with it, I will explain in this article. Here, Let’s assume a case study to calculate the retirement corpus in EPF. X Basic Plus D.A is Rs.30,000 The salary growth rate is 6% every year The return expected is 6.1%. X present age is 30 years The retirement age is 60 years. What is the Basic information about EPF contribution… But Employee will contribute 12% of Basic Plus D.A towards EPF. In addition, The employer also will contribute 12% of Basic plus D.A towards EPF. However, the employer can contribute …
Farmers – How they have to do “Financial Planning”?
Farmers also will be having “Financial Goals” like child higher education, house child marriage, etc. So, they have to follow “Financial Planning”. But no farmer knows what is “Financial Planning”. Here, in this article, I will explain how the farmers can plan their financial goals. Farmers must have Insurance Planning… Life Insurance Planning… People living in the village usually take Endowment or Money Back kind of Life Insurance Policies. Where the insurance coverage will be low and return on investment is also low when compared to the inflation. Most of these people do not know insurance and savings should be …
