Alpha Investments-One stop solutions for all Investments

Retirement planning is one of the most neglected areas in personal finance. It actually means the amount you require at the time of retirement to lead a comfortable post retirement life. The income requirement varies for all and hence the corpus amount. In this article, I highlight on its importance and the factors which needs to be considered while doing the planning. Retirement can happen at any stage, irrespective of the age in numbers. It can happen at 55,60 or 65 years. By retirement, we mean a state, when one is able to generate an income without depending on job or anyone else to lead a life of one’s own style. So, in reality, retirement happens when you are moving from a pay cheque to self cheque. The reason why number does not matter is that there are professionals like lawyers, doctors, chartered accountants etc. and entrepreneurs, who can practice or work as long as they wish. However, they may be met with scenarios where they will be unable to continue their services becaus...

  Cancer treatment cost still remains highly expensive irrespective of the advances in the treatment modalities and methods. When it comes to cancer treatment, unlike other critical diseases, treatment is not confined to hospital alone. Depending on the stage and degree of severity, treatment method varies which includes hospitalization, home care, palliative care etc. Though one have a regular health insurance, all such expenses as mentioned above are not covered by it. Here comes the benefit of holding a cancer specific insurance in meeting the treatment costs. Cancer Policies are issued by General Insurance (GI) Companies like New India Insurance, Star Health, HDFC Ergo and Life Insurance (LI) Companies like Max Life, LIC, HDFC Standard, ICICI Prudential. The main difference is that Cancer Insurance Policies are individual policies unlike health insurance policy, which you can take on family floater basis. The other main difference between the policies issued by GI companies a...