Posts tagged with "saving-rate"

  • Is Investing Early Really That Important

    Many financial planners and advisors including yours truly will have you believe that it is important to start investing early if you want to have a comfortable retirement corpus. In fact this is the first step I propose in my five step plan to early retirement. After all it makes sense right? You have a long runway if you start early and it will allow compounding to show its effects. Compounding needs time. But is it really all there is to it? The genesis of this thought was an article that I recently read on the internet. While there is a kernel of truth, it is not all its made out to be. Let me try and explain using the information from the article.

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  • Inflation Affects Poor More Than Rich

    RBI has decided to pause the interest rate hike, which indicates that the central bank thinks the inflation might have peaked. While inflation is currently high at slightly over 6%, we Indians are quite used to that kind of inflation anyway. For most of the western world, it is causing a lot of pain. Not just the inflation but the rate hikes by their respective central banks. The rate hikes even affected some banks (think SVB for example). High inflation is a problem for everyone, but it hurts the poor a lot more than the rich. Yet the media makes it sounds like everyone is affected the same way.

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  • Mistakes To Avoid If You Plan To Retire Early

    There is no one straightforward way to reach the goal of early retirement. Although many people have attempted to streamline the process. And that includes me (see my 5 steps to early retirement) :). There are several other small things that you need to take care of before the grand picture emerges. One of them is expenses.

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