When travelling alone, senior citizens may experience anxiety, particularly if they have health concerns, so opting for group travel can offer a sense of reassurance and ease. Read on to learn more.
The government has added several new benefits and sops to the new tax regime in the Union Budget 2023-24 to make it popular. Here’s what both the regimes entail for seniors
Critical illness insurance plans can provide financial protection for seniors against costly medical expenses, allowing them to focus on recovery.
The State Bank of India on April 12, 2023, reintroduced its 400 days fixed deposit scheme ‘Amrit Kalash’ till the end of June 30, 2023. Previously, it had launched the scheme in February 2023 for a limited period ending...
One can hardly imagine the problems of senior citizens with limited financial means. In India, they are typically dependent on their children, but if you happen to be financially secure, here’s how you should contribute to...
Writing a Will can be a daunting task, especially for seniors. However, with a few key considerations, they can ensure the fulfilment of their wishes.
Planning for the future and personal finances is crucial for senior citizens. In this regard, including luxury items in a Will can help avoid disputes among family members after the owner's death.
Managing finance and taxes can be daunting for senior citizens, and as such, Form 15G and Form 15H can help them avoid TDS on certain incomes
Five-year tax saving fixed deposits are one of the popular choices for senior citizens because of the dual benefits of tax saving and guaranteed returns. But,...
Choosing the right health insurance policy is essential as healthcare costs continue to rise. For senior couples in India, the decision to opt for a family...
As people age, they often prioritise experiences over material possessions. For many seniors, using their retirement funds to fulfil their travel goals can be...
Delhi Chief Minister Arvind Kejriwal has appealed to Prime Minister Narendra Modi to restore the railway fare concessions for senior citizens, citing a minimal...
Having a regular source of income in your retirement years is vital. Senior citizens’ savings scheme, post office monthly income scheme, and mutual fund...
Travelling during the off-season can have multiple benefits, including discounts on hotel accommodations, often up to 50-60 per cent, and cheaper flights....
Typically, senior citizens give a power of attorney to someone to delegate their work on their behalf when they cannot take care of day-to-day functions
Are you planning to invest in a senior home? It is important to take into account all factors involved while investing in a senior home
The Kotak Mahindra Bank is the latest private sector lender to raise its fixed deposit rates following a recent hike in the repo rate by the Reserve Bank of...
While 8.8 million elderly Indians live with dementia, this number might reach up to 16.9 million by 2036.
Are you at a prime age and feeling anxious or out-of-sorts about planning a trip overseas? Here are a few tips. Read on to find more.
Many banks have raised their fixed deposit rates. Here is a comparison between the government’s Senior Citizens’ Savings Scheme and senior citizens’ bank...
A lot of elderly people are opting for assisted living these days. It is important to understand the various ways by which they can manage their finances...
The Reserve Bank of India has made it mandatory that a number of basic banking services should be made available to you at home if you are older than 70 years...
Planning for your retirement is easier said than done. But before you start with the planning process, here’s how you can start with the basic groundwork to...
Fixed deposits are highly sought after by senior citizens as they offer the chance to receive regular cash flow with minimal risks involved.
Under the 'Mukhyamantri Tirth Darshan Yojana', eligible senior citizens above 60 years of age can visit any of the listed pilgrimage places on government...
