The BQ Big Decisions podcast gets you the insight you need to make big money decisions with confidence.
Financial advisers recommend to start saving early for retirement. But that's not as simple as it seems. And especially, when you're living paycheck to paycheck, you don't often think of setting aside even a little of your hard earned money for something as far away as retirement.
The good news, however, is that you don't actually have to go out of your way. In fact, if you're a salaried employee, 12 percent of your basic salary automatically goes as a contribution to the Employees' Provident Fund every month. That's also matched by your employer.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
Besides, there are a couple of more government schemes that can help you save for your retirement. You can even supplement your government schemes with equity-focused mutual fund schemes or go the whole hog and allocate a lion's share of your savings towards direct equity and equity-linked schemes.
On this BQ Big Decisions podcast, BloombergQuint spoke to Amol Joshi, founder of PlanRupee Investments, to find out which are the best government retirement schemes.
Listen in...
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
