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Why You Should Estimate Your Pension Need Right Now!

According to news published by The India Times on May 15, 2017, the average life expectancy at birth in India has drastically increased to 71 years, from 53 years just 20 years ago. Thanks to the commendable improvement in medical technology, life expectancy at birth for men is higher at 77.2 and 78.6 for women. But let’s face the fact. What will you do during your twilight years, given that now you can expect a longer retirement period with no regular income, most of us not saving for retirement and many not even knowing what a basic pension calculator is.

In 2016, there were 51.1 million men and 52.8 million women in India over the age of 60 years, according to data published by the Ministry of Statistics and Programme Implementation. India is losing its tradition of joint families, with more people leaving home to join the workforce every day. So, who is left behind to take care of aging parents? Moreover, with the rising cost of living, today’s generation finds it a financial burden. This only goes to emphasize the importance of ensuring a pension. A pension calculator is a good way to determine the sum you need to save during your youth to survive post retirement, without depending on anyone.

Shrinking Working Years

When compared with our fathers and grandfathers, who started earning as young as 16-20 years, today’s generation is entering the workforce mostly at an age of 25 years or more. It is not because they are wasting their time, instead they are busy meeting the demands for higher education. Moreover, prevailing health issues, excessive stress due to work pressure or the aspiration to follow their heart, all come together to compel many to retire as early as 50 years. But most forget the fact that a shorter working life means a longer retired life. It, thus, becomes necessary to carefully plan your finances and save more than expected to survive those many years.

Longevity Risks

Looking at the statistics above, you might think that you have enough to last you till you are 70-75 years old. But what if, due to the availability of better medical care, you outlive that age by a decade or more? According to a common myth, many believe that in old age, daily expenses decline, since you no longer have expenses like the education and marriage for your children and transportation costs. However, have you considered the fact that apart from the impact of inflation, you also are likely to have higher medical bills, since health is bound to decline with age. You can estimate how much you need for such time and plan better for your retirement using a pension calculator.

Those who are spending their savings on everyday expenses also need to prepare for a time when they exhaust their savings. However, if you have started investing early in life and have chosen reliable instruments, such as pension or annuity plans, longevity might be a welcome situation. In fact, the longevity risk eventually results in higher pay-out ratios than expected for many insurance companies and pension funds.

When using an online pension calculator for retirement planning, identify your current expenses and then project them to the future to determine your exact financial needs. Protect your future now, before it is too late.

Know the Basic Information about the Stock Market Investing

Many may heard that investing in the stock market would be the risky place. That too, if you are the novel to it, and you are not sure on how it works. In order to help you, on know some basic information about on how to invest in stock market, this article may help you. This includes knowing how the stock market works and how to invest; you can also save yourself lots of money, efforts and time.

The basics of the stock market investment may starts on finding out what is the stock market. You may also learn about the stock market exchanges, how the money system works on it and how the stock market functions. There are many forms of stock market exchanges such as swing alpha and New York stock exchange.

Learning about the other countries stock market stock exchange may also help you. Most of the investors, while they are more advanced, they can start investing in the international stock market.  That to be done only after knowing how the stock exchanges in different countries operates, this will make you the wiser investor. Because, there are many stock market that trade in the international markets, which is great buys and it should not be overlooked. Always look at the hot stocks which may helps you to invest money in stock market.

The investors can be able to invest in many types of stocks. You all may learn about the difference between the all types of stock in the basics of stock market investing study. There are different rewards and risks are before you on investing on them. Most of the people may invest in many types of stocks, because they may want to have the diversified portfolio.

Some people may prefer to invest in the large cap stock market, some may in mid cap stock market, and some others in the small cap stock markets. But, most of the investors may have all form of cap stocks, because while the large cap stock market do not perform well, the small cap stock market can do that. When learning about the basics of stock market investing, you may learn about the importance of investing in all different cap stock markets.

Some stocks may pay the dividends. Most of the people may love to invest in dividend paying stocks for the income. The basics of the stock market investment training will teach you about the dividend investing, how to pick up the dividends paying stock market and if they are the good investments. Companies may not have to pay the dividends, so most of the time stocks that pay the dividends may end up on not paying them.
Studying about the basics of stock market investing is very important while you do not want to risk money in the stock market or may leave the investments to chances. There are also many guides for the basics information about stock market investments, which are free for you to read.

 

Resources That Will Keep You On Budget

For some of us, budgeting is a simple task of adding up our financial comings and goings, making a plan, and sticking to it. Sound easier said than done? Then you’re with the rest of Americans who don’t find this chore as cut and dry. According to a 2013 poll completed by Gallup, an analytical consultation company, only 1 in 3 Americans have a household budget. One could guess that many of these individuals don’t table a personal budget because they don’t know how. While this is probably true for some, but what’s more likely is the majority find it difficult to stick to the plans they’ve made.

Temptation is lurking around every corner. Online shopping makes it easy to purchase unnecessary clothes, gadgets, and appliances. Stopping in at your local Starbucks every day to pick up a coffee to go is just as simple. These thoughtless, spontaneous spending habits can make it a challenge to put aside savings. Meanwhile, things that are completely out of your control, like a sudden repair or bill, can drain your finances completely and ruin your plans for months to come. If you haven’t been budgeting properly in the months beforehand, you may not have the means to cover these unexpected expenses. Without any savings put away, many Americans find flexpay installment loans online — small dollar cash advances with extended repayment terms — in order to cover these unavoidable repairs and bills.

An installment loan will always be a practical form of financial assistance. Unlike short term loans that require full repayment by your next payday, flexpay installments loans allow for partial payments scheduled over 7 weeks or 4 months. Despite how easy they are to integrate into your monthly expenses, they’re only meant to act as a one-time “back-up” for non-recurring bills and repairs you can’t cover on your own. They aren’t supposed to be a regular feature in your budget — that is, if you had one.

Knowing you can apply for an installment loan can give you peace of mind over your finances, but you can eliminate all of your finance related stress by creating a well-made budget. It’s an invaluable financial tool that gives you complete control over your money, helping you to achieve goals on top of meeting your monthly responsibilities. And it’s achievable, even if you don’t have a mind for numbers. Take a look at the following free, online resources that can help make a successful budget a reality.

  • com — This web- and mobile-based app will keep track of your money and send important notices about upcoming bills and other responsibilities. You only need to fill in some financial information when you create an account and Mint will handle the rest. They even have a built-in goal setting feature that can keep you on track of your objectives.
  • Level Money — Smartphone die-hards will appreciate this money-saving app. It’s designed around the old-fashioned envelope system, in which you keep all of the cash you need each week in labelled envelopes. Instead of physical envelopes, Level Money provides you with digital ones, each with a set allowance for each of your responsibilities. Once you hook it up to your accounts, it will deduct costs from these allowances as you spend, so you can see how much money you have left to spend in order to stay on budget with a simple swipe of your finger.

Money may not come as easier to you as it does to other people, but with the right resources at your side, you can keep on financial track and cover all of your responsibilities. Learn how to table a successful budget, and don’t be afraid of using secured online apps like Mint and Level Money to get you started. And remember, flexible installment loans can help you out in a pinch when you encounter hiccoughs in your financial plans.

Reasons Why to Hire a Personal Finance Writer from Contentmart

Hiring a Personal Finance writer for writing various finance related articles on your blog is quite challenging these days. Before hiring a personal finance writer, you need to check whether the writer is capable enough to that job as a Personal Finance Writer or not. There are numerous Finance Content writers jobs available on the web that lets you pick the right person from the crowd and hire him/her as a personal finance writer.

We can see several finance niche sites on the web on which various skilled and proficient writers deliver their content related to finance in a well-organised and good manner with genuine content. One such amazing finance blog is Contentmart. Contentmart is one of the best online market places in the internet wherein different businesses hire various skilled and proficient content writers for writing unique and exceptional content on their blogs.

As we all know, Contentmart is the best marketplace wherein we can find numerous Finance Content writers available to hire for other blogs. But, what’s so special and good about Contentmart. Is there any specific reason to hire a personal finance writer from Contentmart? Yes, there are several reasons for picking the best skilled content writer for writing on your finance blog. Here’s the catch!

About Contentmart Company

Contentmart is one of the best freelancing sites that come across and reach all your finance content writing related requirements at one place. Contentmart has hundreds and thousands of proved writers who has the ability to write high-quality content for various blog posts, press releases, testimonials, product description, web content, and several otherkinds of content writing within specified targets. As of now, Contentmart has more than 18000 Finance Content writers who are ready to write content for more than 25000 clients who are looking to acquire quality services from the content writers of Contentmart. Since the commencement of this freelancing site, Contentmart has effectively accomplished over 5000 orders from various clients.

Reasons to Hire a Finance Writer from Contentmart

Here are the potential reasons to hire a finance writer from the Contentmart freelancing site:

  • Contentmart doesn’t levy any kind of membership fee for opening an account on Contentmart freelancing site.
  • It provides exclusive option to fix the deadline to particular content writer.
  • It also provides option to pay per order or pay per word to the content writer.
  • It lets youfix the proficiencythat you’ve been seeking in a content writer along with the category of the project.
  • You can fix the word limit and check out the quality of the content using the plagiarism checker if there is any kind of copied content.
  • You can post your essential projects in various regional languages.
  • No commission will be deducted for the project.
  • Contentmart ensures the clients to offer quality services from its content writers.
  • If the client is not satisfied with the work delivered by the Finance Content writer from the Contentmart, the paid amount will be refunded 100% back to the client.
  • It delivers Toll-free support anytime and anywhere for the clients of Contentmart.

These are the various reasons for hiring a Finance content writer from the popular Contentmart freelancing marketplace.

 

What Is A Public Liability Insurance And How Does It Benefit Your Business

If you own a business, chances are that you would need a public liability insurance cover. In fact majority of the businesses that need to interact with public members should consider this kind of cover. If your business causes injury to any property, you will be liable to pay up for the damages and public liability insurance in this case can cover all the expenses that you incur during this process including any related hospital or legal fees. Now, if you have a small business it could mean the distinction between your business remaining open and closing. So, from a hotel or a shopping mall that has a large number of footfalls on a daily basis to a small job in other’s property like, carpenter, builder, etc., you need to consider having a public liability insurance cover.

Consult your insurance advisor to ensure help you find the best public liability insurance cover for your business. They are professionals and they will be able to tell you all about a policy and the benefits you and your business will receive from them. You can also look for an expert insurance broker online, or get a public liability insurance quote and compare them on a comparison website. However, it would be better for you to consult the lawyer of your firm to go through your insurance policy before you sign on the dotted lines. Now, in order to calculate your insurance quote, the insurance company would think over a lot of factors. The first thing would be to check you’re your business activity level which is mostly turnover dependent. You should make sure that your insurance policy covers a third party cover, especially, if you are tradesman or if your business is established in someone else’s property.

For instance, if a plumber causes any accidental damage to the pipelines leading it to leaks, a public insurance policy would cover any related costs incurred for the damage that he is liable to take care of. Now, once you have decided to get a public liability insurance quote and apply for a public insurance policy, it would be imperative for you to fill an application with all honesty. This is because, at the time of your claim if the insurance company finds out any false information on your application form, they can cancel the policy right away. This in turn could result in closing down of some businesses, especially the small ones.

A business always has a chance of meeting with some kind of accident, hence, having a right insurance policy ensures that the business is prepared for any worst cases, they are aware that the property of their customers can be repaired, their occupancy is restored, and the medical expenses are paid for. You can also consider having an employer’s liability insurance and professional indemnity insurance along with the public liability insurance policy for your business.

Therefore, talk to a professional insurance advisor, get a public liability insurance quote, and have the damages paid for.