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Why LIC's Jeevan Utsav is not for everyone

Jeevan Utsav is meant to generate regular income over the long term, after the premium-paying years. The 10 percent on sum assured may sound stellar, but the internal rate of return is 5.7-6.04 percent, depending on age, sum assured, and premium-paying term. ....

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How to spend wisely during festive season to avoid regrets later

It is raining offers and discounts and it’s difficult not to give into the temptation to buy the latest smartphone or an advanced home appliance. Online marketplaces also promise to make it easier for you to buy the products by rolling out schemes such as zero-cost EMI, buy-now-pay-later among others. However, it is wise to resist the temptation. To know more about the mistakes that people tend to make while shopping during festive seasons, Moneycontrol spoke to financial planner Pankaj Mathpal, Founder, Optima Money Managers. Tune in ....

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money: What planning needs to be done if you want to retire early? Pankaj Mathpal answers

See, earlier you retire more money you need because, if for example, you retire at the age of 50 and you consider a life expectancy of 90 years, 85 years whatever so it means from 50 to 90 you need to live on that money for next 40 years. ....

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