Tensai Sensei

When planning for retirement, every rupee matters. Maximizing your retirement corpus isn't just about returns, it's also about minimizing tax impact. Choosing the right investment vehicle for retirement can significantly improve your post-retirement income. After publishing my last article on How to Use NPS Tier II Account for Higher Returns & Greater Flexibility ,  one question kept popping up: If the goal is to purchase an annuity at retirement, why not just build the corpus using mutual funds and then buy the annuity? 💡 Here's why I believe NPS is a smarter choice over mutual funds for this purpose 👇 🔁 1. No Tax on Rebalancing With NPS, I can change: My Pension Fund Manager ✅ My asset allocation ✅ My investment style ✅ …without paying any capital gains tax ! That means I can gradually shift from equity to debt as I near retirement, without losing money to taxes . 👉 Try doing this in mutual funds, and you’ll be hit with tax at every switch! 🛡️ 2. EEE Structure ...

NPS is Misunderstood The National Pension System (NPS) is often misunderstood. Unlike other investment vehicles, NPS is specifically designed for retirement planning . Every feature of this product is geared toward long-term investing , making it fundamentally different from conventional investment options. Financial security is a basic human need. For those earning a salaried income, receiving a monthly paycheck provides a sense of stability. Naturally, we want to maintain the same sense of security even after retirement. One of the best ways to generate a steady post-retirement income is through an annuity . An annuity works by investing a lump sum amount, which then provides a fixed income at predefined intervals — in this case, monthly payments. Importance of Annuities Scientific research has proven that humans are not biologically wired to make complex decisions repeatedly. Our brains tend to rely on shortcuts, which can often lead to poor decision-making . Emotions like f...

I appreciate Microsoft's certification policy. Like Salesforce, they do not require candidates to retake an exam to renew their certifications. Instead, passing an online assessment is sufficient to maintain validity. Even better, Microsoft's Fundamental certifications do not expire. Microsoft takes it one step further by offering region-specific pricing. Unlike Salesforce and AWS, where certification costs are listed in USD, Microsoft's exam fees are displayed in INR and adjusted to India's pricing capacity, making them more affordable. Additionally, Microsoft provides a dedicated learning platform to help candidates prepare for exams, similar to Salesforce's Trailhead. I have successfully completed and passed 5 fundamental certification exams, including achieving a perfect score of 1000/1000 in the Azure Data Fundamentals exam. It’s unfortunate that AWS does not offer free renewals, making it less accessible compared to Salesforce and Microsoft. You can check out ...

My #Journey2Salesforce Salesforce.com 🔥Introduction In my previous post , I shared how my financial journey began and how I set a bold goal - to accumulate ₹100 crore by the age of 60. But to reach that massive target, I needed serious investments. And to make those investments, I had to increase my income. So, I set a new challenge for myself: earn ₹2,50,000/month by the end of 2023. At that time, I was working in an R&D team, constantly exploring and innovating. It was exciting! But after my company got acquired in 2020, things changed. I was reassigned to a client project that felt monotonous. The opportunities to experiment were gone, and I started feeling stuck. Additionally, the salary increment I received was not aligned with my expectations, further prompting me to reassess my career path. It was clear - I had to take control of my career.   🌟 Exploring New Avenues I wanted to future-proof my skills and diversify beyond frontend development. The tech landscape i...

🎯 Introduction Hey, it's Tuhin here! 👋 I'm a FrontendExpert ™ with 9+ years of experience, specializing in modern web frameworks like Angular  and Vue.js . I thrive on experimenting with technology and staying ahead of the curve. Learning new things has always been my passion. I also consider myself financially literate. Many of my friends and colleagues trust my knowledge and come to me for advice. In this article, I’ll share how my own financial journey began. 🚀 How It Began 2018 was a turning point in my life. In September of that year, I took my first step into investing by starting a SIP in the Tata Digital India Fund . Little did I know that this small decision would ignite a journey that would reshape my financial mindset. Coming from a typical Indian middle-class family, I grew up hearing my father say: 🔹"Things were better in my time!" 🔹"Private companies are looting us!" 🔹"The government has failed the common man!" Every time Sachi...

If you want to obtain everything that you dream of, you have ask for it and work towards it. You can't just sit there and wish that you get it. Life doesn't work that way. Nobody's gonna notice you and offer things to you because you deserve it. No, you must seize it yourself! If you don't ask, the answer is always no The more you ask, the more you get. If you don't ask, you better forget (it). Everything is negotiable There is always a budget There are 2 types of people in this world - obtainers and complainers.