Education

Retirement Planning- The Basics that you need to keep in mind

Published

6 years ago

November 22, 2019

Retirement planning is extremely important for every individual, irrespective of their career trajectory and financial background. A solid retirement plan is a must to get you through the twilight years without any compromises or financial hurdles. What comes to your mind when you consider the term retirement planning? This is basically the process where you work out your income based goals after retirement and the current steps required for achieving the same.

Working out the right retirement plan involves first zeroing in on income sources, forecasting future expenditure, sticking to a plan for increasing savings and also the management of risks and assets. The best retirement plans are those which cover future needs including medical care, emergency funds, post-retirement goals like buying a house or taking a vacation and also monthly expenses for the rest of one’s lifetime. You can start planning for retirement at any time in your career but as they say, the earlier the better!

Delving deeper into retirement planning

There are several types of retirement plans that are at your fingertips. You should always invest wisely in future retirement schemes, having clear information about the investment channel/avenue, the returns to be expected, market risks and the amount to be invested periodically among other factors. You should carefully plan the corpus that you wish to build for your post-retirement years. This should encompass all your lifestyle preferences including buying property, taking holidays every year, eating out, buying gadgets/appliances, buying something for your children/grand-children, investing in your children’s future, weddings, medical emergencies and so on.

Putting aside ample funds for the post-retirement years is of crucial importance. You should start investing as early as possible to reap the benefits later on. Planning for retirement should start long before your actual retirement. You should have a proper number in mind after thoroughly analyzing your future needs and also taking future inflation rates into account. Many people say that you require at least Rs. 1-2 crore to enjoy a comfortable retirement. Some say that you should accumulate enough money to sustain yourself on 80% of your monthly income post retirement. Suppose you earn Rs. 12 lakh annually and hence you should be able to sustain yourself on Rs. 9.6 lakh every year. This works out to around Rs. 1.92 crore or roughly Rs. 2 crore for a period of 20 years. Consult financial experts to work out how much you should be saving for retirement.

Stages of planning your retirement

There are several stages of life when you should be planning for retirement by investing as per your budget. Here are the key retirement planning stages.

● 21-35 years of age- This is the time when probably building a retirement plan or corpus will not be on your mind. However, you should remember that the earlier you start, the more you will benefit from the power of compounding. At this early professional and personal stage, you will have more money to be invested. Compound interest will enable interest earnings on top of interest and the more years you keep at it, the more will be your accumulated savings. Suppose you invest just Rs. 5,000 every month at the age of 25 when you start working. This will be worth at least 3-4 times more if you invest it at this young age rather than if you start investing at the age of 50 or so. This is the power of compounding interest. Check out the right mutual funds or stocks for investments and stay invested for a long time period. This will help you create wealth considerably. Try and invest at least 20-30% of your monthly income for your retirement. Contribute at least the amount deducted by your employer by way of PF.

● 36-50 years of age- This is the time when your income goes higher but expenses mount as well including the cost of starting a family, repaying higher education debt, home loans, weddings, children’s expenses, car loans and so on. Yet, you should continue saving for retirement. Maintain your original systematic investment plans or other mutual fund investments. Make sure that you and your family are insured both for life and health. Also try and utilize bonuses or surplus funds for investments.

● 50-60 years of age- This is the time when your income is at its peak and you have possibly managed to cover a lot of your debt and other liabilities. This is when you should invest all your surplus monthly income into aggressive investments for beefing up your retirement corpus. You already have your home and insurance investments ready. You can now diversify into other mutual funds and stocks, particularly of blue-chip companies if you desire. You can take a few risks, i.e. by investing in high-return funds which are subject to market volatility. This is the decade when you make up in terms of your overall savings.

Why mutual funds or stocks?

You should consider mutual funds or stocks for investments tailored to serve you well after your retirement. You must already know that conventional means of investments like bank deposits, real estate and PPF among others, are either constrained by falling rates that will not outstrip inflation or come with long lock-in periods or even liquidity issues. As a result, while you should always have a diversified portfolio with some real estate, some insurance and some conventional investment allocations, remember that to beat inflation, you should carefully invest in stocks and mutual funds. These are avenues which can give you good returns that easily surpass inflation.

However, you have to stay invested for the long haul and should be ready to suffer minor market blips in the course of time. Be patient and let the corpus accumulate over a period of time. Additionally, do your research and choose the best funds for investments. Always consult the experts like Groww which helps you plan and manage your investments to perfection. The transparent and user-friendly investment platform will enable steady wealth creation for retirement along with all the advice and inputs that you require from expert professionals. Here’s to a healthy retirement kitty!

Related Topics:career trajectory financial background Mutual Funds PF PPF Retirement planning stocks

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Education

ESCP Business School names Marie Taillard as UK dean amid London push

Published

2 months ago

January 16, 2026

indiantelevision.com Team

LONDON: ESCP Business School has appointed Professor Marie Taillard as dean of its London campus, effective December 19, 2025, as the institution sharpens its expansion and academic ambitions in the UK.

Taillard, who previously served as interim dean, will take on the role for a three-year term. Her appointment comes as ESCP seeks to strengthen its position in London and expand its academic, industry and societal engagement across the UK.

ESCP Business School executive president and dean Leon Laulusa, said Taillard’s expertise in creativity and marketing, combined with her long association with the institution, made her well placed to shape the campus’s next phase. He credited her with launching the MSc in Marketing & Creativity, now one of the school’s flagship programmes.

ESCP London chairman of the board of trustees Lord David Gold, said Taillard would build on the campus’s recent momentum, citing her academic leadership and international outlook.

A L’Oréal professor of creativity marketing and former UK head of faculty, Taillard has been central to ESCP’s push for innovative pedagogy that bridges academic research and professional practice. She was recently shortlisted for the Times Higher Education’s Most Innovative Teacher of the Year award.

Taillard said her focus would be on expanding the programme portfolio, strengthening lifelong learning and deepening links between academia, industry and local communities, aligned with ESCP’s Bold & United strategy.

She holds an MBA from Columbia Business School and a PhD from the University of London, and has held several senior leadership roles at ESCP since joining its permanent faculty in 2007. The London campus currently serves more than 1,900 students and executive participants each year and is ranked second in the UK by the Financial Times.

Education

Amish Tripathi awarded honorary doctorate by University of York

Published

2 months ago

January 15, 2026

indiantelevision.com Team

YORK: Bestselling author and former diplomat Amish Tripathi has added a new title to his name, Doctor of the University.

The University of York in the United Kingdom has conferred on Tripathi an honorary doctorate, honouris causa, recognising his contribution to Indian literature and his role in carrying Indian culture to audiences around the world.

In its citation, the University described Tripathi as the fastest-selling author in Indian publishing history. His 12 books have sold over eight million copies globally, earning him a regular place on Forbes India’s list of influential celebrities.

Beyond the printed page, Tripathi is a familiar voice and face to viewers. A seasoned broadcaster, he has hosted acclaimed documentaries, including the award-winning Legends of the Ramayan. He is also co-founder of Tara Gaming, the studio behind Age of Bhaarat, billed as India’s first AAA video game. Before returning to full-time creative work, he served as minister for Culture and Education at the Indian High Commission in London.

The honorary degree was presented at the University of York’s winter graduation ceremony in the second week of January 2026, in the presence of students, faculty and guests from across the world. In awarding the honour, the University praised Tripathi for deepening global understanding of Indian values, traditions and storytelling.

He was joined in this year’s roll of honour by three other distinguished figures: renowned mathematician professor Simon Donaldson, ecologist professor Sue Hartley OBE, and dame Amanda Blanc DBE, group chief executive officer of Aviva.

The University of York awards its honorary doctorates to individuals whose achievements show exceptional distinction and reflect the institution’s values. For Tripathi, it marks another chapter in a career that continues to blend myth, modernity and meaningful dialogue across cultures.

Education

Niit MTS snaps up Sweetrush in $26m USA push

Published

2 months ago

January 10, 2026

indiantelevision.com Team

NEW DELHI / SAN FRANCISCO: Niit learning systems limited’s managed training arm, niit mts, has bought 100 per cent of Sweetrush Inc in a deal worth up to $26 million, tightening its grip on the USA and sharpening its ai-led learning offer.

The acquisition, completed through Niit (USA) inc, includes performance-linked earn-outs over five years. Sweetrush, founded in 2001 by Arturo Schwartzberg and Andrei Hedstrom and headquartered in San Francisco, employs more than 100 people across the United States and Costa Rica, with a wider bench of learning specialists.

Niit MTS is betting that Sweetrush’s award-winning, human-centred learning design, spanning certification-driven content and a fast-growing talent solutions practice, will plug neatly into its global, ai-enabled managed learning platform for Global 1000 clients. The aim: turn project work into sticky, annuity-like contracts and lift wallet share across enterprises, professional associations and not-for-profits.

Niit MTS chief executive officer and executive director Sapnesh Lalla, said the tie-up brings “human-centred learning craft and global operational scale, powered by technology and AI, under one roof”.

Sweetrush chief executive officer Danielle Hart, said joining niit offers a bigger global runway while preserving the firm’s culture of care and innovation.

Niit MTS vice chairman and managing director Vijay K Thadani, called the deal a boost to its outcome-focused portfolio, marrying strategic learning interventions with delivery at scale.

Sweetrush’s founders struck a similar note. Arturo Schwartzberg said the teams and culture would remain intact, now backed by Niit’s heft, while Andrei Hedstrom said the combined ecosystem would “amplify” the firms’ impact on mission-critical learning.