What are Annuities & How They Work
Aisha: Mansi, I’ve been hearing a lot about annuities lately, but I’m still not sure if they’re right for me. Can you shed some light on them? Mansi: Of course, Aisha. Annuities are essentially insurance products that provide a steady income stream, typically for retirement. You pay a lump sum or make periodic payments, and […]
5 Financial Mistakes to Avoid To Secure Your Future
Managing your money properly is important if you want to be safe and successful with your money. Still, a lot of people fall into old habits that can stop their money from growing. Here are the biggest money mistakes you should not make in 2024. This will help you keep your finances in good shape. […]
Retirement Planning: How to Plan for a Retirement
Mansi, a 30-year-old graphic designer, hasn’t started her retirement planning yet. After using LXME’s eye-opening Retirement Calculator, she realized she needs a whooping 8.84 crores when she retires! She immediately starts an SIP of Rs, 15,922. She recommends the calculator to her 25-year-old sister who needs the same amount at the time of retirement but […]
Conquer Your Future: Best SIP Plans for 30 Years and Building Financial Freedom with LXME
At LXME, we empower women to take control of their finances and achieve financial freedom. We understand the unique challenges women face when it comes to money matters, and that’s why we’ve built a safe and supportive investment platform designed exclusively catering to investment for women. But financial freedom doesn’t happen overnight, it requires a […]
Early Retirement Planning Guide: Secure Your Future Today
Welcome to our comprehensive guide on early retirement planning! At LXME, we understand the significance of crafting a secure financial future that allows you to retire on your terms. In this blog, we delve into the intricacies of early retirement planning, offering valuable insights, expert advice, and practical strategies. With the right investment platform, you […]
How to Retire at 50? – A Comprehensive Plan
Retirement Planning is one of the crucial aspects of financial planning that everyone needs to consider. It will help you take care of your post-retirement days and to lead a stress-free life. As per the Women and Money Power 2022 survey, only 2 out of 100 women save for their retirement. That’s why especially for women, […]
NPS: What are the tax benefits and who should invest?
Introduction- NPS, stands for National Pension Scheme, stands as one of the options amongst women when it comes to securing their retirement, NPS. Designed to cater to employees across various sectors, NPS offers both, investment for retirement and tax savings, providing a dual advantage. In this blog, let’s deep dive into the tax benefits associated […]
7 Best Tips for Investing in Your 50s: Securing Your Financial Future
Reaching your 50s is a significant milestone in your life, especially when it comes to financial planning and investing. It’s a time when you need to prioritize securing your financial future and making wise investment decisions. Let’s discuss seven valuable tips that will help you navigate the world of investing in your 50s and set […]
EPF Advance- Should you withdraw from your PF account?
Discover how you can tap into your Provident Fund (PF) to meet financial requirements and handle unexpected situations. Get insights into the process of EPF advances and make well-informed choices about managing your PF savings. Read ahead to explore the available options. Retirement fund body Employees’ Provident Fund Organisation (EPFO) has allowed its members to […]
National Pension Scheme Details #NewbieInvestor
Are you a Newbie in the financial world and want answers to the basic Qs on National Pension Scheme? Here you go! What is NPS? National Pension Scheme (NPS) is a pension cum investment scheme launched by the Government of India to provide security at the time of retirement to Citizens of India. It brings […]