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Antara Senior Living is an Indian enterprise owned by Max India that runs independent senior living and retirement communities in India. It was established in 2011, and has drawn attention from the Indian media for being among the first organised projects to venture into retirement or assisted living, a space that has often been stigmatised by conservative sections of the Indian society.
The National Pension System (NPS) is a voluntary defined contribution pension system administered and regulated by the Pension Fund Regulatory and Development Authority (PFRDA), created by an Act of the Parliament of India. The NPS started with the decision of the Government of India to stop defined benefit pensions for all its employees who ...
The goal of retirement planning is to achieve financial independence . The process of retirement planning aims to: [1] Assess readiness-to-retire given a desired retirement age and lifestyle, i.e., whether one has enough money to retire. Identify actions to improve readiness-to-retire. Acquire financial planning knowledge.
Top retirement plans Employer-sponsored plans. One of the easiest ways to get started with saving for retirement is through an employer-sponsored plan such as a 401(k) or 403(b). These plans make ...
2. Roth IRA. With a Roth IRA, you pay taxes now but make withdrawals tax-free once you reach retirement, and you’ll avoid paying capital gains taxes on the growth. You may contribute to a Roth ...
The individual retirement account vs. 401(k) debate is an opportunity to think about retirement savings -- particularly the benefits of tax-advantaged accounts. Although both types of retirement...