#pomis calculator

[vilaspatelvlogs]

POMIS: हर महीने बढ़ जाएगी घर की इनकम, ID या एड्रेस प्रूफ है तो खोले ये खाता

POMIS: हर महीने बढ़ जाएगी घर की इनकम, ID या एड्रेस प्रूफ है तो खोले ये खाता

नई दिल्ली: भविष्य को सुरक्षित करने के लिए निवेश भी सही जगह करना जरूरी होता. ऐसा नहीं करने पर आपकी जमा पूंजी डूब भी सकती है. इसलिए हम आपको ऐसी स्कीम के बारे में बताएंगे जहां निवेश करने से आपको दूसरे विकल्पों के मुकाबले बेहतर मुनाफा मिल सकेगा. जी हां, हम बात कर रहे हैं पोस्ट ऑफिस की मंथली इनकम अकाउंट (Post office Monthly Income scheme) की जो आपकी जमा पूंजी को सुरक्षित रखती है. इसके साथ ही आपकी…

[postofficemiscalculator-blog]

Post Office MIS Calculator

Calculate monthly income from the post office on your investments with this online MIS calculator tool. All you need to do is enter the amount you have invested in the Post Office Monthly Income Scheme (POMIS), select the interest rate and click the 'Calculate' button. Find which are the best Post Office schemes to invest! https://miscalculator.xyz/

[evergreenclub991]

Promising Investments for Your Retirement Money

One of the stepping stones to a peaceful post-retirement life is investing your retirement money in stable and efficient options. This allows you to sustain the lifestyle you had while working. Before choosing your plan, it is vital to keep in mind factors like your initial capital and monthly living expenses. There are many options available in the market and picking one that suits you best can be tiresome. To learn more about safe ways to build your ideal investment portfolio, keep reading!

Prerequisites for investing after retirement:

Review your profile and identify the associated risks. Try to keep your profile as balanced as possible and be well-informed about the consequences.

Calculate how much you will need to pay for your bills and other monthly expenses. Plan your investments so that these expenses do not deplete your initial amount.

Better safe than sorry, have a clear understanding of the investments you are making. Analyse the risk and returns of each investment before committing to it.

Divide your investments, don’t pour all your funds into one type of investment, and avoid losing more than you can afford.

Have a reasonable amount of emergency funds that can act as a safety net in the case of a medical emergency or a bad investment.

So, you’ve gone through all the prerequisites, checked all the right boxes, and are now looking at a vast ocean of investment opportunities. Here are some of the most recommended investment plans for retirees that allow you to avoid tax liability and have a steady source of monthly income.

1. Senior Citizens’ Saving Scheme (SCSS):

As the name suggests, this scheme is only for citizens above the age of 60. It is one of the most popular choices among retirees as it provides an assured way to protect your initial capital. It offers the highest post taxable returns compared to other fixed-income taxable products, allows premature withdrawal, and is eligible for tax benefits.

With an upper investment limit of 15 lakhs, the freedom to open multiple accounts, a five-year tenure with an extension of three years, and a current interest rate of 8.6% per annum, SCSS is a post-retirement investment opportunity you don’t want to miss out on.

2. Fixed Deposits (FD) For Seniors:

One of the safest forms of investments as it is free from market variables and provides a fixed monthly or quarterly return based on your preference. Banks generally offer higher interest rates on FDs for senior citizens, that range anywhere between 5 to 9%.

The tenure period ranges from 12 months to 60 months; FD also offers higher liquidity and enables you to withdraw money whenever you require. Everything considered, an FD is a stable option and you should include it in your investment portfolio.

3. Post Office Monthly Income Scheme:

This unique investment opportunity for seniors offers considerable returns at an interest rate of 7.6% as per rates announced in Q2 2019. The maximum deposit allowed is 4.5 lakhs for single ownership and not more than nine lakhs for joint accounts.

Like Fixed Deposits, POMIS offers monthly returns that are not affected by market fluctuations and are taxable. Unlike a Fixed Deposit, POMIS has a fixed maturity period of 5 years. The best part? The monthly interest is directly credited to your savings account, so you can add it to your arsenal of investments.

4. Mutual funds:

“Mutual funds Sahi hai.” we’ve heard this statement one too many times. To retirees who are economically stable enough to invest in higher-risk alternatives, mutual funds are an exciting option. Investing in mutual funds can provide high returns but they are also highly volatile and are subject to market risks.

Identify the right risk profile for your current situation and allocate your funds accordingly. Retirees are urged to steer clear of thematic and funds including mid or small caps.

5. Debt funds:

A debt fund is a type of mutual fund but doesn’t have as much risk involved because they focus on fixed-income investments. They can provide returns as high as 15% of your investment per annum, are flexible, and provide liquidity, but charges may apply, and money cannot be withdrawn immediately. Nevertheless, long-term debt funds offer high returns based on market performance.

After retirement, the money you have worked tirelessly to save should work on its own to provide for your monthly expenses. Retirees are advised to construct an efficient investment portfolio that distributes their funds to several options by weighing the risk involved and meets their monthly financial requirements.

Make your savings work for you while you sit back and get a kick out of your retirement.

To avail more important information and attend the helpful sessions for seniors you can install Evergreen Club which is one of the best social networking apps for older adults.

Respond

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Post Office MIS Scheme in Hindi | Best Investment Plan

Post office MIS scheme in Hindi   ( POMIS )

MIS क्या है ?

इसके लिए किन दस्तावेजो की जरूरत होती है ? MIS में कौन कौन अपना खाता खुलवा सकता है ? Mis में कितनी ब्याज मिलेगी ? Mis का meturity period क्या है ? क्या mis रिस्क फ्री और टैक्स फ्री है ? कोन इस सुविधा का लाभ ले सकता है ? इन सब सवालो के जवाब हम देंगे अपने इस ब्लॉग में तो आइए जानते है

MIS क्या है –

MIS यानि मंथली इनकम स्कीम है । ये पोस्ट ऑफिस की एक बेहतरीन स्कीम है । इस स्कीम में आपको fd और RD दोनों से अछे रिटर्न है । यह स्कीम बाकि सब से अच्छी इसलिए भी है क्योंकि इसमें आपको हर महीने ब्याज मिलेगी ।

रिस्क फ्री – मन्थली इनकम स्कीम भी fd, RD, nsc की तरह रिस्क फ्री स्कीम है जो निवेशक रिस्क ज्यादा नहीं ले सकते है उनके लिए ये एक बहुत ही अच्छी स्कीम है ।

खाता कौन खोल सकता है – 18 साल से ऊपर का हर भारतीय नागरिक इस स्कीम का फायदा ले सकता है । परन्तु यदि आप माइनर का 10 साल से ज्यादा लड़का / लड़की का खाता खोलना चाहते है तो खाता खुल जायेगा परंतु उसे ऑपरेट माता पिता ही कर सकेंगे ।

ट्रांसफर – मंथली इनकम स्कीम पोस्ट ऑफिस की एक बेहतरीन स्कीम है । आप अगर किसी वजह से एक शहर से दूसरे शहर में चले गए तो आप अपना खाता ट्रांसफर भी कर सकते है ।

ब्याज – मंथली इनकम स्कीम में आपको 7.9% ब्याज मिलती है । पोस्ट ऑफिस की ब्याज हर तीन महीने में बदलती रहती है । परंतु इस स्कीम में ब्याज 7-9% तक रहती है ।

टैक्स – इस स्कीम में आपको सेक्शन 80c के तहत आपको टैक्स में कोई भी छूट नही मिलेगी । अगर आप साल का 10000 से ऊपर रिट���्न कमाते हो तो आपको वहाँ टीडीएस कटेगा । परंतु यदि आप रिटर्न फाइल करते है और आप इनकम टैक्स की सूची में नही आते तो आप का टीडीएस नही कटेगा ।

Meturity period – MIS का meturity period 5 साल का होता है ।

आपको पैसे कैसे मिलेंगे – इस स्कीम में आपको हर महीने ब्याज मिलेगी । आपको ये पैसे आपका यदि पोस्ट ऑफिस में सेविंग खाता है तो आपके पैसे वहाँ जमा हो जाएंगे नहीं तो आपको चेक के द्वारा आपके पैसे मिल जायेंगे ।

कितने पैसे जमा करा सकते है – आप इस स्कीम में कम से कम 1500 रुपए तक जमा करा सकते है । यदि इस स्कीम में एक अकाउंट होल्डर है तो वह 4.5 लाख रूपए तक जमा करा सकता है । परंतु यदि 2 या 3 अकाउंट होल्डर है तो इसकी लिमिट 9 लाख तक है । आप ये पैसे यानि 1500 से ज्यादा आप जितने भी जमा कराना चाहते हो तो आप एक ही बार में करा सकते है ।

Pre -mature closure –. इस स्कीम में आप पहले साल यानि एक साल में आप अपने पैसे को नहीं निकाल सकते । यदि आप 1 से 3 साल के बीच में पैसो को निकलते है तो आपको 2% का जुर्माना लगेगा । यदि आप 3 से 5 साल के बीच में पैसे को निकलते है तो आपको 1 % का जुर्माना लगेगा ।

नॉमिनी – मंथली इनकम स्कीम में आप अपनी फैमिली के किसी एक मेंबर को नॉमिनी बना सकते है ।

ट्रांसफर – मंथली इनकम स्कीम पोस्ट ऑफिस की एक बेहतरीन स्कीम है । आप अगर किसी वजह से एक शहर से दूसरे शहर में चले गए तो आप अपना खाता ट्रांसफर भी कर सकते है ।

Calculation – अब हम देखते है calculation कर के की आपको कितने रुपए मिलेंगे – यदि आप 1 लाख रुपए जमा करवाते हो तो आपको हर महीने 690 रुपए मिलेंगे । अगर आप 2 लाख जमा करवाते है तो आपको 1380 रुपए हर महीने ब्याज मिलेगी । यदि आप 9 लाख यानि जो इस स्कीम की लिमिट है उतना जमा करवाओगे तो आपको 6210 रुपए हर महीने मिलेंगे।

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अगर आप MIS या किसी भी और इंवेस्टमेंट के बारे में कुछ पूछना चाहते है या कोई सुझाव देना चाहते है तो आप मुझे कमेंट कर सकते है या आप मुझे ईमेल भी कर सकते है wadhwatarun321@gmail.com . ऐसे ही अन्य जानकारी के लिए TarunBlogs को फॉलो करते रहें|

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[sunshineweb]

Best Investment Options for Senior citizens in 2020 to generate regular income

Due to the falling interest rate, the risk involved in equity, and debt space, many senior citizen investors are now in a huge problem to generate a decent return for their survival. What are the best investment options for senior citizens in 2020 to generate regular income?

Before jumping into available products, you have to first clear yourself with what are you looking for while investing.

# Is it for income generation or growth?

You have to be very clear whether the investment is for income generation for your regular survival or investing to grow your accumulated corpus.

# What is your tax slab?

You have to look for post-tax returns always rather than the pre-tax return. Because if you are falling under the highest tax bracket, then a major portion of return will be eaten by the tax.

Hence, understand the product at first, then your tax slab and after that take a concious decision.

# You can stagger your investment

If your idea is to generate a constant stream of income, then you can use a bucket strategy. Where you are putting your first 10-15 years requirement in safe products (a first bucket) and accordingly the future requirements splitting into a different bucket and taking the calculated risk slowly as the required term is higher.

If you can’t do that, then hire a fee-only financial planner to help you in this.

# Higher RISK always not HIGHER returns

Higher risk always does not mean higher returns. There is a probability of higher loss also. Hence, never heed anyone blindly. Understand the risk properly and then decide yourself.

# Inflaiton RISK

Never think or not be in the wrong assumption that if you have a sufficient amount today then that sufficiency will remain the same. Due to inflation, whatever may be a good income for you will not be sufficient for your requirement. Hence, always consider inflation while investing.

# Interest Rate Risk

The majority of products offers around 5-10 years. Hence, once the maturity is over, then it is not sure whether you will be able to generate the same returns or not. For example, if you opted the SCSS scheme, then it is 5 years product. Once the 5 years completed, then you have to face the interest risk. Because after 5 years, the same SCSS may not offering you the same interest rate as what you are getting today. Hence, understand this factor properly.

# Liquidity

Look for the product which offers you certain liquidity. Because we don’t know when you need money. Hence, it is always wise to choose a product wisely which offers the highest liquidity.

# Make a nomination and WILL

Wherever you invest, make sure you have nominated and if possible create a WILL also. So that your dependents or family may not be in a tussle in your absence.

Best Investment Options for Senior citizens in 2020 to generate regular income

In this post, I am concentrating only on SECURED products. I am not suggesting any market-linked debt or equity instruments. Because to invest in such products, you need someone’s guidance or you have to do your own research. Hence, rather than forcing you to experiment on any such options, in this post, I am sharing the best investment options for senior citizens in 2020 to generate regular income.

# Bank or Post Office FDs

I know that currently Bank FDs are offering you around 5% to 6.5% interest rates. However, recently few banks started to offer higher interest rates for senior citizens if they are booking the FDs for 5 years to 10 years. Refer my latest posts on that “SBI WeCare Deposit Vs Senior Citizens Savings Scheme (SCSS) – Which is the best?” and “HDFC Senior Citizen CARE FD Vs SBI WeCare FD Vs Senior Citizens Savings Scheme (SCSS) – Which is the best?“.

When I say Bank FDs, I am suggesting nationalized banks or big private sector banks like ICICI or HDFC. I am not suggesting any Co-Operative Banks.

You can explore the Post Office FDs also. The current interest rate is 5.5% to 6.7%, which is almost equal to the bank FD rates. You can refer to the latest interest rate at my post “Latest Post Office Interest Rates April-June 2020“.

You have an option to get the interest rates either on monthly/quarterly or at maturity. If you are really looking for the safety, then I suggest Post Office Term Deposits over the Bank FDs.

# Senior Citizen Savings Scheme

Post Office and certain recognized Banks offer you this wonderful product. The term is 5 years and the maximum amount you can invest is Rs.15 lakh. The current rate of interest is 7.4%. The interest will be payable on a quarterly basis.

You can refer to the complete details about the Senior Citizen Savings Scheme at “Post Office Senior Citizen Scheme (SCSS)-Benefits and Interest Rate“.

# Pradhan Mantri Vaya Vandana Yojana (PMVVY)

It is a wonderful product launched by the Government of India. It is a 10 years product. The current interest rate is 7.4%. This product is currently available up to 31st March 2023. You can buy this from LIC. In fact, you can avail of the loan on this. The maximum limit to invest is Rs.15,00,000.

You can refer to the complete details about Pradhan Mantri Vaya Vandana Yojana (PMVVY) at “Pradhan Mantri Vaya Vandana Yojana (PMVVY) 2020 – 2023 – 5 Changes you must know“.

# Post Office Monthly Income Scheme (POMIS)

As the name suggests, the Post Office will pay you the interest on a monthly basis. It is a 5 years product. The maximum limit is Rs.4.5 lakh. The current interest rate is 6.6%. Refer my article on this product “Post Office Monthly Income Scheme or MIS – A complete guide“.

# 7.75% Government of India Savings Bonds (Taxable)

It is a 7 years bond where the current interest is at 7.75%. There are options like cumulative and non cumulative also. The Bonds will bear interest at the rate of 7.75% per annum. Interest on non-cumulative Bonds will be payable at half-yearly intervals from the date of issue (The date of issue of the Bonds in the form of Bonds Ledger Account, will be opened (issued) from the date of tender of cash or the date of realization of draft/cheque.) or interest on cumulative Bonds will be compounded with half-yearly rests and will be payable on maturity along with the principal.

You can refer my post for a complete detail at “How to buy/invest in 7.75% Government of India Savings Bonds?“.

# Tax Free Bonds

Currently there are no tax-free bonds offerings. However, you can buy them from the secondary market. You will get the tax free interest up to maturity. You will get various maturing tax-free bonds. You can refer my post for a complete detail at “Best Tax Free Bonds 2020 in India – Should you invest?“.

The yield may vary based on the date of maturity and coupon. Hence, you have to understand your requirement at first then jump into buying such bonds.

# Immediate Annuity Plans by Life Insurance companies

Life Insurance companies including LIC offer such immediate annuity plans. For example, you can check LIC’s Jeevan Shanti plan. This particular plan offers around 10 various options based on your requirement.

This product will give you GUARANTEED returns for the specified period based on the option you opt for. Hence, there is no question of interest rate risk.

Conclusion:-As per my knowledge, these are the Best Investment Options for Senior citizens in 2020 to generate regular income. As I pointed out earlier, I have not listed any debt funds or equity funds where you can invest and use the strategy called a systematic withdrawal plan. Because they are not suitable for those who are looking for a safe and constant stream of income.

Refer our latest posts:-

Best Investment Options for Senior citizens in 2020 to generate regular income

Pradhan Mantri Vaya Vandana Yojana (PMVVY) 2020 – 2023 – 5 Changes you must know

HDFC Senior Citizen CARE FD Vs SBI WeCare FD Vs Senior Citizens Savings Scheme (SCSS) – Which is the best?

Mutual Funds Inter-Scheme Transfer – Hybrid Funds are risky now?

SBI WeCare Deposit Vs Senior Citizens Savings Scheme (SCSS) – Which is the best?

Who is eligible for Pradhan Mantri Awas Yojana (PMAY) 2020 – 2021?

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[sharmaanika388]

Check your savings with Post Office Monthly Income Scheme Calculator

Post Office monthly saving scheme is an initiative to make people understand the value of savings. Since it is a government entity especially people who have low income. Also, monthly saving is much more suitable as compared to lump sum savings. So, if you have not yet started saving money, you can do it from now onwards.

But first do check your saving status with post office monthly income scheme calculator. It will help to track your financial goal so that you can change your investment amount if possible.

Post office monthly income scheme calculator

Just like other investment calculators such as RD calculator, FD calculator or SIP calculator, there is a post office monthly income scheme calculator as well. You can check whether your decided amount is going to help you achieve the target or not.

What is the minimum and maximum amount you can invest in POMIS?

The minimum amount you can save in Post Office MIS account is Rs. 1,500 and the maximum limit is Rs. 4.5 lakhs. You can select the amount as per your budget. MIS is a great choice for those who want a secure saving option.

What are the documents required to open Post Office MIS account?

The needed documents for opening an account are:

An account opening form

Two passport size photographs

Address proof such as the Aadhaar card, passport, driving license, voter ID card, ration card, PAN card or declaration in Form 60 or 61 as per the Income Tax Act, 1961

Identity proof

What are the features of POMIS?

An account can be opened by cash/cheque by an individual.

Any number of accounts can be opened in any post office subject to maximum investment limit by adding balance in all accounts.

You can transfer the account from one post office to another.

Nomination facility is available.

An account can be opened in the name of a minor. A minor of 10 years and above age can open and operate the account.​​​

After attaining majority she/ he has to apply for conversion of the account in her/ his name.

Joint account can be opened by two or three adults. All joint account holders have equal share in each joint account.

You may convert your Single account into Joint and Vice Versa.

The maturity period of this account is 5 years.

How can you open POMIS account online?

This facility is not available online. To open an account you will have to visit the nearest post office branch along with the required details. You can choose to pay offline every month on the date of investment or opt for automatic deduction. The day your account is activated and you invest money is the date considered for next investments. So, even if you open an account on the last day of the month, your money will be deducted at the same date of next month.

So, if you have not yet started saving money because you have been looking for a safe investment option, POMIS is a great choice to start with.

[personalfn-blog]

Where Should You Invest – Fixed Deposits Or Debt Mutual Funds?

Bank fixed deposits, a staple investment product since the 80s and 90s, are considered secure wealth creation products. I remember my uncle telling my cousin, Neha about it after he had invested in bank FDs. He expected her to do the same as well, once she started earning.

But with the changing times due to the new monetary reforms, new investment avenues came into existence. Neha avoided following in her father’s footsteps as soon as she started working as a PRO for a top media house. She instead invested her hard-earned money in shares, gold bonds, and ULIPS to earn better returns with a high-risk trade-off.

Soon Neha realised, every investment avenue she chose had risk attached to it. As she had lost too much already, she decided to follow her father’s conservative investment approach. After all, there are five good reasons to invest in a bank FD:

Fixed and secured returns, unlike market-linked instruments;

Addresses liquidity needs (if the plan and tenure is thoughtfully selected);

Addresses short-term goals and contingency requirements;

Can take a loan against bank FD when in dire need of money; and

A 5-year tax-saver bank fixed deposit can help in tax planning as well

[Read: Factors To Look At While Investing In Bank FDs]

Recently, Neha went to her bank and was about to invest her savings into an FD.

However, a familiar friendly bank executive explained to her that investments have to be goal-based (short-term, medium-term, and long-term such as retirement), recognising one's financial health, risk appetite  (high, moderate, and conservative), investment objectives and investment time horizon before goals befall, and the tax implications.

Further the executive, thankfully and rightly, stated that the interest on FDs are taxable, and as an investment avenue may prove inefficient if you are in the highest tax bracket.

She explained to Neha how mutual funds work and the types available– equity-oriented mutual funds, debt-oriented, hybrid, solution-oriented, and other schemes (index funds and fund of fund schemes). Every type of fund has a set-out investment objective, which could address to a certain need. The broad objective could be capital appreciation and/or income generation, depending on the type and the investment mandate of the scheme. Thus, selecting a suitable type of mutual fund is crucial in the endeavour to generate wealth depending on the investor’s risk tolerance.

Since Neha was not willing to take very high risk, like in equities, the executive informed her about debt mutual funds.

If you are a conservative investor, you would, of course, prefer FDs and similar fixed income instruments (KVP, POTD, PPF, NSC, POMIS) for investments. But, if you are willing to take the medium-to-high risk, debt funds could earn slightly better and tax-efficient returns, the executive explained.

[Read:  5 Facets To Look Into While Investing In Debt Mutual Funds]

Further, the executive explained that debt mutual funds invest in a variety of fixed income securities such as Treasury Bills, Government Securities, Corporate Bonds, Money Market instruments, and other debt securities and with different maturity papers. There are 16 types of debt funds with a strict investment mandate.

So, for instance, if you have an investment time horizon of up to two years, consider short-term debt funds. If you have an investment horizon of less than one-year, low duration and money market funds would be the preferred choice. And if you have an extremely short-term time horizon (of less than six months), you would benefit from investing in liquid funds and ultra-short duration funds.

You ought to select debt mutual funds recognising your investment time horizon and risk profile.

Here are three reasons why investing in debt mutual funds could be better than fixed deposits:(www.Pixabay.com)Anurag invested in FDAshok invested in Debt MF.

1.Risk-Return

The returns on debt funds are market-linked and how efficiently the fund is managed. Investing in debt funds exposes you to various risks: interest rate risk and credit risk being the primary ones. Hence the disclaimer, “Mutual fund investments are subject to market risks, read all scheme related documents carefully.”

Currently, looking at the market volatility, two of the executive’s risk-averse clients, Anurag (a professor) and Ashok (a banker), invested Rs 2,00,000 for a short-term goal of three years. And by choosing debt mutual fund, the calculation shows how Ashok will earn better returns than Anurag.(www.freepik.com)

2.Taxation

The capital gains from a debt mutual fund are taxed depending on the number of months the units held. If you redeem the units within less than 36 months (or 3 years), the gains, referred to as Short-Term Capital Gains (STCG), will be added under your gross total income and taxed as per your tax slab.

But if you redeem the units at a profit after 36 months (or after 3 years)—referred to as Long-Term Capital Gain— you enjoy an indexation benefit and the gains are taxed at20% flat. This proves to be beneficial if you are in the highest tax bracket of 30 % as the indexation benefit reduces the tax burden.

Whereas the interest earned on FD is taxed as per the income tax slab, which proves disadvantageous for those in the highest tax bracket.

3.Liquidity

Depending on the type of fund you select, a debt mutual fund can offer far more liquidity compared to a bank FD. To park money for the very short-term, say from day to a week; consider an overnight fund as a substitute for holding money in short-term FD or a savings bank account. Likewise, if you require money a few months from now or to address contingency needs, a liquid fund is better suited.

Do note that premature withdrawals from FDs are subject to penalty and you lose out on a portion of your expected return. Debt funds have high liquidity.

A quick comparison between Debt Mutual funds and Bank Fixed depositsParameterBank Fixed DepositsDebt Mutual Funds

Before parting, Neha thanked the bank executive for making her aware about debt mutual funds.

But before investing, she wanted to double-check and thus reached out to me and enquired about credible mutual fund advice. I helped her on-board for PersonalFN’s unbiased and independent mutual fund research service.  

Today, Neha uses ‘PersonalFN Direct’-- PersonalFN’s robo-advisory platform that helps her to keep better track of her investments.

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Author: Aditi Murkute

This post on " Where Should You Invest – Fixed Deposits Or Debt Mutual Funds? " appeared first on "PersonalFN"

[seniorhealthadvisors]

Which are the investment options for retired people?

etirement begins when people end their earning period and brings with it the challenge to produce enough funds for a decent living as a senior citizen; this happens typically through a mix of fixed income and investments.  By getting one of the cost effective Colorado Medicare plans now available it will allow you to take that additional money and invest it in other areas of interest.

One of the sources that provide stable income is renting real estate. This solution seems to be popular among those who think about building a retirement portfolio, but if you want it to work in your case, you must be sure that you know what you are doing. Do not invest in rental property before you calculate all the expenses (anticipated and unanticipated) that will incur: taxes, maintenance, vacancy rates etc. Rental real estate is a business and must be treated as such, in order to bring you profit.

Another good option for retired people is investing into instruments that earn them interest and pay off regularly. There are a couple of well-known saving scheme for senior citizens, known as SCSS or POMIS, which are considered a must-have in their portfolio. They are available to people above 60 years old, from a bank or a post office. These schemes offer periodic returns, as well as return of capital, when the term ends.

      Originally Posted over here: Which are the investment options for retired people?

[stejarmasiv]

Începutul acestui articol va trata subiectul nuci, nucă, livada nuci, miez de nucă sau scandura de nuc din perspectiva căutărilor online, însă ceea ce mă preocupă mai mult este punerea în practică a unei plantații de nuci, pentru nucă sau pentru cherestea.

Online, termenul nuci sau nucă are vârfuri de mulți ani în lunile decembrie și aprilie, adică de Crăciun și Paște, când de la locul 1 până la 19 în tendințele de căutare Google Trends, toată lumea vrea rețete de prăjituri cu miez de nucă. Abia pe locul 20 apare prima dată menționat termenul de livada nuci. Chiar dacă în media, in teorie, în cercurile care se aud sau sunt vizibile termenul pare de interes, realitatea traficului online reflectă, cred eu, foarte bine realitatea din viața de zi cu zi.

Nu există pe această nișă o strategie, o susținere reală sau o preocupare de a se dezvolta creșterea de nuci pentru fruct sau cherestea. Fondurile sunt pentru livezi de la 3 ha in sus. Câti blochează 3 hectare pentru peste 10-15 ani?

Google trends nuci

cautari pe termenii legati de nuci

Sporadic, cum am avut ocazia aseară, se organizează evenimente din partea companiilor care activează în domeniu, de prezentări pentru reclama și promovare. Sunt cărți și pagini online scrise despre nuci, despre cultura nucului, despre valoarea uriașă a produselor ce se obțin din cel mai nobil pom pe care-l știm dintre cei care se cultivă la noi. Tuturor ne place miezul de nucă și cozonacul sau alte deserturi în care apare, însă prea puțini mai pot cuprinde ideea unei investiții în acest domeniu, chiar dacă se promite un rezultat financiar fantastic.

Miez de nucă – considerații

Poate un pic pe dos, însă voi aborda prima dată subiectul produs finit – miezul de nucă, ca business și valoare economică.

Walnuts Australia

Miezul de nucă, pentru România este un produs vitregit de soartă și conjunctură, pentru a fi perceput ca valoare economică. Avem acces la nuci, noi toți, la țară, la bunici, unchi veri sau cunoștințe din mediul rural. Nucul crescut prin curțile oamenilor, sau pe livezi este de regulă de talie mare cu o producție bună dată de Bunul Dumnezeu, fără nevoi de întreținere. Trebuie doar culeasă nuca care cade din cauza vântului, puțini se ostenesc să mai ”bată” nucul pentru a strânge roadele sale. Abundența este suficientă pentru autoconsum, iar cei care nu dispunem de legături la țară cu cineva o cumpărăm din piață la o valoare extrem de scăzută față de realitatea economică a acestei nișe. Prețul scăzut se datorează condiției sociale a celor din medu rural, care se bucură de orice bănuț făcut pe produse la care a trebuit doar să le desfacă din coajă.

spart de nuci manual

În țările unde acest pom nu crește natural este prețuită la justa valoare și s-au construit afaceri peste generații care produc valori economice considerabile. Consumul de nucă la nivel mondial este mai mare decât cererea, însă lipsa conexiunilor economice și logistice face ca la noi să fie incorect evaluată și prețuită. Cei puțini care au răzbătut printre conexiunile necesare comercializării nucilor în afara țării au făcut avere bazându-se pe lipsa de interes a celor care le produc în România. Aceștia reușesc să colecteze cu efort cantități mici, să le comaseze și să vândă apoi la prețuri foarte bune loturile mari. Pentru că nu există o rețea oficială de logistică care să colecteze, să prelucreze și să ofere nuca românească pe piața mondială acest segment rămâne în penumbră.

Concluzie, nu avem legaturi și nici înțelegerea de a face o afacere dintr-o resursă existenta. Pana ne dumirim, dispar nucii pentru ca trec de cei 80 de ani cât trăiesc normal.

Înființarea unei livezi de nuci

Se poate porni în acest sens folosind puieți de nuci autohtoni, moldovenești sau franțuzești, opțiunile disponibile pe piața noastră, doar de cei care se haiducesc să investească o sumă considerabilă azi cu rezultate peste cel puțin 10 ani. Numărul lor este redus, foarte redus, iar suprafețele de plantații sunt doar o fărâmă față de cele înființate în alte țări. Chiar dacă auzim vorbindu-se , dacă înțelegem potențialul, sunt foarte puțini cei care chiar au puterea financiară și deschiderea pentru a porni pe acest drum.

English Walnut Orchard

Ieri am asistat la o prezentare din partea unei companii care vinde puieți, specii autohtone și am văzut grafice economice și estimări. Au fost extrem de optimist unflate prețurile, costurile justificate cu subvenții pe care le poți accesa doar în condiții optime și îndemnul de a cumpăra de la ei, cu promisiuni nerealiste de venituri. Am dedus că interesul lor real este de a forma o asociație de producători, de a concentra recoltele pentru a-și face o bază suficient de puternică ca să iasă pe piața mare. Până la urmă nu e rău ceea ce vor, ei chiar doresc ca cei ce plantează de la ei să obțină performață, pentru că pașii următori valorificării le sunt inaccesibili și valoarea mare va ajunge să fie tot în mîinile lor. Nu poți vinde nicăieri 3-4 tone de nucă în coajă, e nevoie de tratamentul ei pentru a se păstra, de spații destinate depozitării, de prelucrare cu utilaje pentru randament, de volume mari de tot pentru a accesa bursele de produse agricole.

Walnuts kings county – livada superintensiva

Achiziția de material săditor de la institutele de cercetare este cam greoaie, aceste entități supraviețșuiesc greu și nu au personal suficient pentru a susține consultanța de care ar avea nevoie să zicem 1000 de viitori fermieri, astfel încât puterea acestor stații de cercetare pentru a influența determinant acest sector este redusă. De aceea astfel de firme au succes, beneficiind de cunoștințele unor specialiști în vârstă, pe cale de dispariție. Sunt absolut sigur că nu există 1000 de ingineri pomicoli, horticultori, tineri, la curent cu trecutul și prezentul industriei, așteptând să-și ofere serviciile unor viitori fermieri/investitori.

Înființarea unei livezi de nuci forestieri

Tot ieri am văzut calculele exagerat de optimiste care prognozau ca la o densitate de 400 de pomi/ha, cu un cost de 20 de lei/pom, în 25 de ani se obține o creștere suficientă pentru exploatarea a aproape 400 de mc de cherestea de nuc. Veniturile au fost estimate la 600.000 de euro, proveniți din vânzarea cherestelei la costuri de 800-1600 de EURO/mc. Creștere de 9 m estimată, aproximativ 0,8 mc de lemn/trunchi. Nu s-a menționat de la copac pe picior, exploatare, debitare cherestea, uscare … ca să ajungi la 1600 EURO/mc … cine plateste si cât costa?

Asa ceva nu se vinde din livada de nuci forestieri

Povești, nicicum matematica mea nu poate ajunge la astfel de valori, iar doar din teorie e simplu de dedus că nu ar mai planta nimeni pomi pentru nucă, cu care e de muncă, ci doar pomi pentru cherestea. Oricum, si acești nuci ar produce 1/4 din cantitatea de nucă estimată la hectar. Și cu paulownia a fost la fel, un vis de Eldorado năruit. Se desfințează azi plantații de paulownia pe capete.

Sunt restricții legislative care nu par a avea soluții – tăierea nucului este strict reglementată, iar pentru soluția lichidării unei plantații de nuci forestieri, pentru cherestea sunt câteva aspecte:

dacă tai un nuc, legea te obligă să plantezi 3 pomi în loc. Unde? Tot nuci? Unde să plantezi 1200 de pomi când tai un hectar de nuci forestieri? Sunt sclavul pământului vreau/nu vreau?

pentru desfințarea unei plantații de nuci destinați cherestelei trebuie să vină un specialist de la o stațiune pomicolă, să constate că sunt la maturitate, că nu mai sunt productivi pentru fructe și să facă un raport care să ateste că sunt recomandați a fi defrișați. Pe bune?

la înființarea plantatiei se declară că e livadă ornamentală, chiar dacă e în câmp și tu ai hărtie că sunt destinați producției de cherestea, pentru a se încadra cumva în legislație, altfel sunt pomi fructiferi și au alt regim.

coji de nuca

Și acum, pentru cei care s-au ostenit să citească până aici le povestesc câteva fapte autentice întâlnite în timp despre acest pom:

oscilez foarte mult între moldoveni și români ca și furnizori de puieți, cei din Moldova au o tradiție lungă în cultivarea nucilor și chiar performanțe notabile, sunt în 2017 pe locul 10 mondial.

știu concret situația unei livezi de nuci roditori, de mari dimensiuni, din România, care la oferta de nerefuzat a unui grec a fost lichidată pentru lemn. S-a achitat valoarea promisă și trunchiurile au fost abandonate în România, grecul refuzând să îi mai ridice, după ce au fost tăiați. L-a interesat să desfințeze un concurent, chiar cu asemenea cost, valoarea nucilor pe care el le producea permițându-i să suporte acest cost.

o manastire din zona Clujului a plantat 5 ha de nuci, cu specie italiană, extrem de lăudată, ajungând să piardă într-un an aproape toți pomii, aceștia nefiind aclimatizați. S-a replantat toată suprafața cu Geoagiu 65 și reușita de prindere a pomilor a fost aproape totală. Aviz amatorilor de soiuri străine.

uleiul de nucă, foarte apreciat pentru consum și cu preț ridicat este foarte greu de păstrat și râncezește repede. Prelucrarea industrială și aditivarea pentru conservare nu este un procedeu la îndemâna oricui, indiferent cât de atractiv este ca afacere

din coaja de nucă se pot face peleți pentru arderea în centrale și puterea calorică se pare că este de cca 3x fața de esențele tari obișnuite. Nu cunosc cât este valoarea utilajelor necesare pentru productia de peleți din acest material, iar cuvântul BIOMASA este cu înțeles foarte larg. Un calcul economic nu cred că are cineva.

teoretic produsele derivate din tot ce produce nucul pot constitui o sursă compensatorie de venit pentru o livadă, însă logistica și costurile plus valorificarea sunt foarte discutabile, în contextul nostru economic și politic. Cine cumpăra frunze să scoată iod sau coajă să facă praf abraziv pentru sablare? Cineva sigur o face …

livada de nuci

Despre nuci ar fi de scris o carte, cunoașterea este un abis în care poți cădea și decizia va fi cu atât mai departe cu cât știi mai multe. Informarea este vitală, altfel cred că doar o parte mică dintre tenmerari vor ajunge să reușească, prin noroc chior sau conjunctural.

Cu drag, de mai bine, pentru oameni harnici.

Nuci – nu prajituri, ci livadă de nuci, miez de nucă sau cherestea de nuc Începutul acestui articol va trata subiectul nuci, nucă, livada nuci, miez de nucă sau scandura de nuc din perspectiva căutărilor online, însă ceea ce mă preocupă mai mult este punerea în practică a unei plantații de nuci, pentru nucă sau pentru cherestea.

[personalfn-blog]

7 Investment Avenues for Your Post-Retirement Portfolio

Shekhar, a computer engineer by profession, was planning to retire soon.

He had been setting aside all his monthly savings in bank FDs, and was having EPF and gratuity accounts too, which he thought would suffice to take care of his post-retirement needs.

But, as he was getting closer to his retirement, there were three questions on his mind that somehow disturbed him.

‘How long will I survive?’

‘Will my savings last long enough to support me during retirement?’

‘Will it sustain me till the end of my life and support my family after I’m gone?’

Walking home one evening, he was deeply engrossed with his thoughts on life post-retirement and meets his friend Rahul on his way.

Rahul, a financial planner, retired a year ago and is enjoying his retirement life.

So Shekhar decided to discuss his concerns with him.

Unfortunately, most of us begin to worry about our post-retirement life at the brink of retirement phase.

Rahul explained that when retirement begins, income stops, and expenses continue. The years from the start of retirement till demise are unpredictable, however financially preparing for this time of our lives is imperative for our survival. He concluded that our investments/savings act as a steady source of income during our retirement phase.

With the old conservative saving strategy, the money cannot last long as it cannot beat the rising cost of inflation. It will be over before you take your last breath and that you missed the train of the power of compounding because you did not invest in equities in your youth.

But now that Shekhar had completely missed planning for his retirement, should he go overboard and invest all his money in equities? Maybe he will be putting his entire savings at risk, as he is a couple of years away from his retirement.

The solution Rahul gave Shekhar was to diversify his investments across avenues suitable for retirees, once he attains his retirement year.

Rahul continued that most of the investment schemes for retirees are government backed. So, the risk involved is very less and to invest one must comply with the KYC norms.

But one needs to be cautious, as not all small saving schemes are able to beat the inflation and may hamper one's retirement.

Pick your post-retirement schemes carefully, so that it takes care of not only the regular source of income but also provides decent growth in the capital on your retirement corpus.

Here is the list of investment avenues one may consider for a blissful retired life.

Senior Citizen Savings Scheme (SCSS)

The Senior Citizen Saving Scheme allows you to invest your hard-earned retirement corpus in a safe product and offers the benefit of quarterly interest payment (payable on the first working day of April, July, October and January). You can invest a one-time fixed sum in the SCSS, for a steady source of income.

It is a suitable investment that can be held by any retiree (single or joint with spouse) aged 60 years and above for a term of 5 years. An individual of the age between 55 years and 60 years who have retired on superannuation or under VRS can also open an SCSS account.

The scheme currently earns a decent interest of 8.3% per annum.

The total investment in the SCSS shouldn’t exceed Rs 15 lakhs and not below Rs 1,000.

The principal amount invested is eligible for a benefit under Sec. 80C of the Income Tax Act, but up to Rs 1.5 lakhs p.a. However, on premature withdrawal, a deduction charge is levied.

Under the SCSS, the interest earned is taxable as per the prevailing slab rates. However, TDS is applicable only if the interest income exceeds Rs 10,000 in a financial year.

On maturity of the SCSS account, you have the option to extend the account for another three years. But you need to apply within one year of maturity by applying in the prescribed format.

Post Office Time Deposits (POTD)

Post office Time Deposits work similar to fixed deposits. You can invest your money in these deposits for a pre-specified time horizon; i.e. 1-year, 2-year, 3-year, or 5-year tenure.

You can open the account either in a single name, or jointly, or even in the name of a minor (through a guardian) who has attained the age of 10 years.

The minimum investment amount is Rs 200, with no upper limit. However, the investment amount over Rs 1.50 lakh will not be eligible for any tax benefit.

A 5-Yr POTD currently earns an interest of 7.4% p.a., which is calculated quarterly but paid annually. The premature withdrawals are permitted only after a year from the date of deposit, subject to a penalty in the form of reduced interest rate.

The investment in a 5-year POTD qualifies for a tax deduction of up to Rs 1.50 lakh p.a. under Section 80C. But the interest earned on your investments is taxable under Section 80C.

Recurring Deposit (RD)

Recurring Deposit, a facility offered by Post Office and Banks, can help you gradually save for your future goals by allocating a small sum regularly.

5-Year Post Office Recurring Deposit Account offers you an interest of 6.9% per annum, compounded quarterly. Although the interest is calculated quarterly you will receive it only at maturity.

It is very convenient to invest in RD by cash or through cheque with a minimum sum of Rs 10 or in multiples of Rs 5 with no maximum limit of investment.

While the investment period in RD offered by banks varies from 6 months to 10 years the ones offered by post office come with a tenure of 5 years, with an option to continue for another 5 years on maturity.

You can open the account either in a single name, or jointly, or even in the name of a minor (through a guardian) who has attained the age of 10 years.

In case of 5-Year Post Office RD, one withdrawal up to 50% of the balance is allowed after completion of one year. It may be repaid in one lump sum along with interest at the prescribed rate. Nowadays most banks allow premature withdrawals on RD with a penal rate of interest charge.

Post Office Monthly Income Scheme (POMIS)

Post Office MIS is considered a preferred monthly investment avenue for individuals who seek to earn a regular income, especially after retirement. Any person in his individual capacity or jointly (by two or three adults) can invest in this scheme. However, post office MIS comes with a maturity period of 5 years.

You can invest in a multiple of Rs 1,500/- with a maximum amount of Rs 4.5 lakh for a single account holder, while joint account holders can hold up to Rs 9 lakhs in an account.

At present, the interest earned on a POMIS is at 7.30% p.a. which is compounded annually but paid monthly to take care of your monthly income.

While you can hold any number of MIS accounts in any number of branches of the post office, it does have a few restrictions. The total investment by an individual in an MIS account cannot exceed Rs 4.5 lakhs, including his share in joint accounts. This restricts the number of accounts an individual can open, either individually or jointly.

National Savings Certificates (NSC)

Issued by the Post Offices in India, the NSC is optimum for post-retirement earnings as there is minimal risk involved. NSCs have a fixed lock-in period of 5 years and offer tax benefits too.

The minimum investment amount required is in denominations of Rs 100 to Rs 10,000 with no maximum limit to investment.

While you may not be able to invest in NSC just like SIP in a mutual fund, you need to make a separate purchase of NSC’s every month, if you wish.

Currently, the interest rate on a 5-year NSC is 7.60% p.a. compounded annually, but payable at maturity; i.e. you will receive accrued interest along with principal on maturity.

Premature withdrawal is not possible in case of NSC unless there is an occurrence of an unfortunate event like the death of the holder, holder of certificate forfeiting them through a pledge, a court of law ordering the pre-mature withdrawal of NSC, etc.

The interest on NSC accrues annually but is deemed to be reinvested under Section 80C of IT Act. The deposits along with the accrued interest on NSC qualify for deduction u/s. 80C, subject to a maximum limit of Rs 1.50 Lakhs in a financial year. There is no TDS on the interest earned on an NSC.

Kisan Vikas Patra (KVP)

It is a small savings scheme which doubles the invested amount in approx. 118 months (9 years and 10 months), at the current rate of 7.3% p.a.

The interest income earned on KVP is taxable as per the tax slab of the investor and TDS at 10% will also be deducted. Moreover, the amount invested in KVP is not eligible for a benefit under Sec. 80C.

While one needs to invest a minimum of Rs. 1,000 in KVP ​​and in multiples of Rs. 1,000 thereafter, there is no limit to the maximum amount of investment. KVP is issued in various denominations of Rs 1,000; Rs 5,000; Rs 10,000 & Rs 50,000.

You can prematurely withdraw from NSC, after 2 and ½ years from the date of issue. The amount you receive on such premature withdrawal depends on the period of your holding. This feature makes KVP liquid vis-à-vis PPF and NSC.

Mutual Funds (MFs)

Investment in mutual funds are linked to the market and are a little riskier as compared to the ones mentioned above. However, the impact of near-term volatility can fade over time and offer you a decent growth on invested capital.

If you are prudent, choose stable large-cap or hybrid funds with a suitable time horizon in mind. The investments in mutual funds can be later used as a monthly source of income through Systematic Withdrawals Plans offered by them. The returns from such funds may help you cope with the inflation during your retirement years so that the value of your retirement corpus does not diminish in value.

[Read: What Is A Mutual Fund? – A Guide to Mutual Fund Basics]

Sometimes, it is difficult to decide which funds to choose, but premium research services like PersonalFN’s FundSelect Plus.You can choose from  7 High-Performing, Time-Tested Readymade Portfolios offered under FundSelect Plus. These portfolios are backed by decade-long market-beating track record.

Our recommended portfolios have outperformed the markets by as much as over 80%! The best part is, these portfolios are crafted as per your risk profile and investment time horizon.

To conclude…

Shekhar regretted not investing earlier in life but learnt about various post-retirement schemes to erase some of his worries.

Although Shekhar missed the benefit of planning his retirement early, you can still manage a peaceful retirement by taking guidance from a certified financial planner.

I hope you too wouldn’t want to repeat the same mistake as Shekhar did and do plan your retirement earlyfor a blissful retired life. Reach out to PersonalFN’s Financial Guardians, on 022-61361200 or write to info@personalfn.com. You may also fill in this form, and soon our experienced financial planners will reach out to you.

Author: Aditi Murkute

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