Retirement is one of the major goals for financial planning. Pension plans act as savings plus investment plans to help you secure your finances in your golden years. This is when you need a reliable source of periodic income, preferably monthly and a large lump sum amount to help meet your regular and unpredicted financial needs.
Since after you retire, your financial investments would end up being the sole source of your income, it's necessary to build these two pillars. Here arises the need for having the back of a retirement plan. Read on to know the top 5 reasons to buy a pension plan in 2023. 1. Guaranteed Income or Pension Retirement plans are not market-linked and they offer a fixed pension post-retirement throughout your lifetime or for a certain period. The annuity period could be immediate or deferred as per the type of plan you pick. An assured income helps you plan your golden years and stay a step ahead in your financial planning. You can use a pension calculator to determine the ideal amount that you should save periodically to serve you in the distant future. 2. Security of Assets and Savings If you don't have any concrete financial backing, your funds and assets would remain prone to leakage and pilferage. A pension plan will act as a haven for your current savings and will thereby secure your future. 3. Growth of Your Savings Your hard-earned money is supposed to serve you in your later years. A retirement plan can compound it over the long term to make your post-retirement years comfortable. The earlier you begin to invest your savings in a retirement corpus, the higher will be the effect of compounding. 4. Tax Benefits A pension plan offers various tax benefits as follows:
5. Diversification of Your Investments A retirement plan often lets you pick the asset class that you wish to invest in, depending on your financial goals and risk profile. In that case, you can choose from debt funds, equities or a combination of both for your investments to diversify. To prepare for your retirement years, consider choosing a reputed insurance company in India to invest in a suitable pension plan that helps fulfil your financial goals. Remember to use a pension calculator to decide how much you need to save. The chosen plan must offer an individual non-participating non-linked retirement plan with various benefits like a guaranteed corpus, financial protection of your family after your demise, flexible payment frequency, and a limited premium payment term.
0 Comments
A girl entering adolescence began to face both physiological and psychological changes. Both are challenging in their ways. The highlighting gossiping of teenage girls is "my first period".
Below are the major changes that an adolescent girl face: -
Though the major change that adolescent girls face is that they began to experience vaginal bleeding. It happens every month for specific days. In medical language monthly bleeding is referred to as "mensuration". Eventually, when the girls experience their first period it is called "menarche". Mensuration is the sign of fertility which means a girl is ready for the reproduction process. Though adolescent girls experience menarche at different ages. Though high levels of air pollution are leading to younger age at menarche. In general language or in daily we refer to mensuration as "periods". This new first period is the advent of major change in the life of women. This is a sign of the beginning of the capacity to reproduce and is related to the development of secondary sexual characteristics. Understanding the process of mensuration Biologically mensuration means the shedding of the lining of the uterus. This process is part of the reproductive system. The female body prepares itself for receiving sperm every month paving way for a healthy pregnancy. So when egg fertilization does not happen in the female body then shed the uterus lining. This shedding of the uterus lining comes in form of vaginal bleeding. The normal period cycle is 28 days long but it may vary too. The vaginal bleeding/periods do last for a minimum of 2 to 7 days. Though there is a lot of health issues and abnormalities related to periods. Though girls who are facing periods for the first time in adolescence are quite mentally and physically challenging. Why do you need healthy food during the first period? An unhealthy body during your first period can lead to several health complications. Girls in adolescence tend to suffer from severe acne or pimples, bloating, and painful abdominal cramps. Eventually, premenstrual syndrome happens leading to much irritability in adolescent girls. But healthy food during periods with good nutrition is much vital for a good balance of hormones responsible for mensuration. Intake of too much-processed food which is high in salt and sugar results in painful abdominal cramps. Eventually making the periods much wistful. How to take care of nutrition during the first period?
Nutrition is the key for adolescent girls in the first period The first period is the new phase in the life of girls. It is the advent of major changes happening in the female body. Thus, preparing the body for this new change is extremely important. Delhi is considered the food capital of India for a reason! The city has uncountable streets, markets, and roads dedicated to food. Despite the year-round availability of lip-smacking delicacies, you would see one or the other food festival happening in various parts every few weeks! Most of them are all-day events that may last from a day to a week, so you can stop by right after touching down on your Guwahati to Delhi flight.
Here's a round-up of the top 5 food festivals to catch if you happen to be in Delhi at the right time: 1. The Grub Fest The Grub Fest is the largest food extravaganza that people enjoy every year. And it gets bigger and better with each passing year. The fest welcomes domestic and international food chains that put up stalls for two days. Even individuals willing to treat the visitors can get stalls by paying the fee. The entrance fee is around INR 300, which may change as the Grub grows. This festival is more than just food, with games, carnival rides, horse spins, and music for a fun-filled day. It happens at the Jawaharlal Nehru Stadium. 2. NASVI Street Food Festival The National Association of Street Vendors of India organizes this food festival. It is the largest Asian food festival in India. You can find everything from authentic Thai, Japanese, Chinese, and South Asian cuisine. The three-day fiesta serves you not just food but merchandise, handicrafts, and jewellery too. It has a dedicated kids section to keep the little ones busy with games and gifts. Notably, the festival happens at different places every year. You might want to check their website before you plan your Guwahati to Delhi flights. 3. The Palate Fest One of the iconic festivals in the country, the Palate Fest is your go-to if you belong to the café-only club. It brings together niche food chains, restaurants, and chefs who serve the best and most innovative dishes to their guests. The prices are towards the upper side as chefs from 5 or even 7-star restaurants participate here. You can enjoy gripping music and dance performances or choose to take a tip or two from the experts in their sessions on culinary skills. You can even purchase ingredients or gourmet delights to bring back in your Delhi to Guwahati flight to relish later. The fest continues for three days in the Ashoka Hotel in Delhi’s diplomatic area – Chanakyapuri. You may even book a cooking session to learn from the finest in the industry. 4. International Mango Festival Do you even want to know why mango gets its festival? Because it is the king of fruits! Exclusively exported mango varieties are also available for you to taste and buy. Mangoes, mango juice, marmalades, dried mango squash, mango candy, and even mango ice cream have it all at this 12-hour fest that happens every year at the Talkatora Stadium. It takes place in the summer months, mostly July, so plan your visit accordingly if you are a mango maniac. Just to let you know, there are more than 500 varieties of mangoes on display here. 5. Horn-Ok-Please Street Food Festival Horn-Ok-Please is run by food trucks. It is the latest addition to Delhi’s long list of food festivals. The fest has a unique vibe with a décor full of leafy palm trees, tiki masks, and a super laid-back atmosphere. It’s a carnival complete with magic shows, beach lighting, serving cocktails, fun activities, live bands, and a flea market to bring back souvenirs. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
August 2023
Categories |