Retirement planning: Insurance as tool

This is a question that seems to be on the minds of many people. With the provision in the Direct Taxes Code of getting a tax rebate of R3 lakh for a life insurance premium, this question becomes more relevant. First of all retirement planning is very easy if you start early. Make no mistake about that. If you are 23 and are lucky enough to think of retirement, that is God’s grace. This happens only if you are in a family where words like financial planning, equities, insurance, mutual funds are talked about at the lunch table. Read more