18 min.
Understanding if NPS Works For You Let's Talk Money with Monika Halan
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- Zaken en persoonlijke financiën
On Let’s Talk Money, we’re going back to the past to bring back some of our favourite bits of the podcast… just in case you missed it.
This week, Monika unravels the backstory of the National Pension System (NPS), tracing its origins from the OASIS Project committee to its implementation by the Indian government. Learn how the NPS emerged as a defined contribution, low-cost scheme to address old age security concerns, particularly for those outside the organised sector. Discover the intricacies of the NPS, its investment options, tax benefits, and considerations for individuals seeking long-term financial stability. Tune in for practical advice on navigating the complexities of retirement planning with the NPS.
Monika also answers your questions about money back and endowment policies, and whether you should opt for a regular plan or a direct plan while investing!
Let’s Talk Money is coming back from break soon! The next time you tune in, we’ll have a whole new episode for you. See you soon!
If you’d like to go back to the original featured, click the links below:
(00:47 - 06:10) Is NPS the Ultimate Retirement Solution?
(06:21 - 14:25) What Should I Do With My ULIPs, Money-Back & Endowment Policies?
(14:28 - 17:41) Regular Commission Based Plan vs Direct Plan
If you have financial questions that you’d like answers for, please email us at mailme@monikahalan.com
NPS is a good product that lives in a bad market
https://www.monikahalan.com/indias-retail-finance-market-is-a-commission-driven-sales-push-market-that-has-replicated-the-lessons-from-the-packaged-consumer-goods-industry-with-disastrous-results/
Monika’s columns on life insurance
https://www.monikahalan.com/the-very-high-front-incentives-are-triggering-massive-mis-selling-and-fraud-in-life-insurance-i-worry-that-as-the-unbanked-now-get-into-the-formal-financial-system-we-are-setting-them-up-for-financi/
https://www.monikahalan.com/opinion-smart-people-dont-buy-money-back-life-insurance/
Life insurance calculator
https://investor.sebi.gov.in/calculators/Insurance_Calculator_YoungEarners.html
https://investor.sebi.gov.in/calculators/Married_with_KidEarners.html
Monika’s book on basic money management
https://www.monikahalan.com/lets-talk-money-english/
Monika’s book on mutual funds
https://www.monikahalan.com/lets-talk-mutual-funds/
Calculators
https://investor.sebi.gov.in/calculators/index.html
You can find Monika on her social media @monikahalan.
Twitter @MonikaHalan
Instagram @MonikaHalan
Facebook @MonikaHalan
This is a Maed In India Production; check us out at www.maedinindia.in
Creative Director: Mae Mariyam Thomas
Project Manager: Shaun Fanthome
Head of Audio: Kartik Kulkarni
Producer: Meghna Gulati
Sound Editor: Kartik Kulkarni
Artwork: Alika Gupta
On Let’s Talk Money, we’re going back to the past to bring back some of our favourite bits of the podcast… just in case you missed it.
This week, Monika unravels the backstory of the National Pension System (NPS), tracing its origins from the OASIS Project committee to its implementation by the Indian government. Learn how the NPS emerged as a defined contribution, low-cost scheme to address old age security concerns, particularly for those outside the organised sector. Discover the intricacies of the NPS, its investment options, tax benefits, and considerations for individuals seeking long-term financial stability. Tune in for practical advice on navigating the complexities of retirement planning with the NPS.
Monika also answers your questions about money back and endowment policies, and whether you should opt for a regular plan or a direct plan while investing!
Let’s Talk Money is coming back from break soon! The next time you tune in, we’ll have a whole new episode for you. See you soon!
If you’d like to go back to the original featured, click the links below:
(00:47 - 06:10) Is NPS the Ultimate Retirement Solution?
(06:21 - 14:25) What Should I Do With My ULIPs, Money-Back & Endowment Policies?
(14:28 - 17:41) Regular Commission Based Plan vs Direct Plan
If you have financial questions that you’d like answers for, please email us at mailme@monikahalan.com
NPS is a good product that lives in a bad market
https://www.monikahalan.com/indias-retail-finance-market-is-a-commission-driven-sales-push-market-that-has-replicated-the-lessons-from-the-packaged-consumer-goods-industry-with-disastrous-results/
Monika’s columns on life insurance
https://www.monikahalan.com/the-very-high-front-incentives-are-triggering-massive-mis-selling-and-fraud-in-life-insurance-i-worry-that-as-the-unbanked-now-get-into-the-formal-financial-system-we-are-setting-them-up-for-financi/
https://www.monikahalan.com/opinion-smart-people-dont-buy-money-back-life-insurance/
Life insurance calculator
https://investor.sebi.gov.in/calculators/Insurance_Calculator_YoungEarners.html
https://investor.sebi.gov.in/calculators/Married_with_KidEarners.html
Monika’s book on basic money management
https://www.monikahalan.com/lets-talk-money-english/
Monika’s book on mutual funds
https://www.monikahalan.com/lets-talk-mutual-funds/
Calculators
https://investor.sebi.gov.in/calculators/index.html
You can find Monika on her social media @monikahalan.
Twitter @MonikaHalan
Instagram @MonikaHalan
Facebook @MonikaHalan
This is a Maed In India Production; check us out at www.maedinindia.in
Creative Director: Mae Mariyam Thomas
Project Manager: Shaun Fanthome
Head of Audio: Kartik Kulkarni
Producer: Meghna Gulati
Sound Editor: Kartik Kulkarni
Artwork: Alika Gupta
18 min.