Direct Answer: To choose the right financial advisor in India, start by verifying their AMFI ARN (or SEBI registration, if applicable), confirm how they are paid, check their qualifications (NISM certification, CWM®, CFP), and ask for a written, goal-based plan tailored to your income and timeline — never someone who guarantees returns or pushes a […]
Planning for Your Child’s Education: How Much to Save, Starting When Direct Answer: For a child born today, a professional degree (engineering/medical) that costs about ₹15-20 lakh today can cost ₹60-85 lakh in 17-18 years at typical education-cost inflation. Starting a SIP of roughly ₹8,000-10,000/month from birth, alongside a Sukanya Samriddhi Yojana (SSY) or PPF
Healthcare After Retirement In short: Healthcare after retirement gets expensive fast — Indian medical costs are rising roughly 12–14% a year, well ahead of general inflation. The fix is to plan it as its own line item: keep a standalone health policy running well before you retire (don’t rely only on employer cover), size a
Quick Answer: A good health insurance advisor for senior citizen parents in Chennai should compare policies across multiple insurers (not push one company), explain pre-existing disease waiting periods and co-pay clauses in plain terms, help with claim filing and hospital network checks, and stay available for policy review every renewal — not just at the
Business owners in India don’t get EPF or an employer pension, so retirement planning has to be self-directed. The practical approach is: build an emergency fund first, then split retirement savings across PPF (safe, tax-free), NPS (extra tax deduction under the old regime), and mutual fund SIPs (long-term growth potential), sized to a target corpus
Retirement planning for NRIs means combining NPS, mutual fund SIPs, and NRE/NRO-linked investments while staying FEMA-compliant, so your India-based corpus grows tax-efficiently and can be repatriated when you need it. As per current PFRDA and FEMA rules (2026), NRIs aged 18-70 with an NRE/NRO account can build a retirement portfolio just as resident Indians do,
Direct Answer: Retirement planning for IT employees needs a different approach than a typical salaried career, because income often peaks early, job changes are frequent, and career breaks are common. The fix is to consolidate EPF across employers, use NPS for extra tax savings, and build a dedicated equity SIP portfolio — starting in your
Direct Answer: Legacy planning is the process of organising your will, nominations, insurance, and assets so your family inherits clarity instead of confusion. It goes beyond estate planning’s legal paperwork to also cover how your wealth supports your family’s future — and in India, a missing or outdated plan is what usually causes years of
Direct Answer: “Fiduciary” is a specific legal duty that applies to SEBI Registered Investment Advisers (RIAs) in India. AMFI Registered Mutual Fund Distributors (MFDs) work under a different, equally legitimate regulatory framework — AMFI’s Code of Conduct — built around guided, goal-based mutual fund investing. If you’re in Chennai searching for a “fiduciary financial planner,”
Direct Answer: Your retirement corpus should be based on your future monthly expenses, not your current salary. A common starting formula is the 25X rule: take your expected annual expense at retirement (after adjusting for inflation) and multiply it by 25. For a household spending ₹50,000/month today, retiring in 25 years, this works out to
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AMFI Registered Mutual Fund Distributor | ARN - 328771 | Date of Initial Registration: 14/05/2025 | Current Validity: 13/05/2028.
