Monthly Archive: August 2014

Aug 31

Avoid new house at retirement

  I am 60 and retired recently. My wife, 55, took voluntary retirement recently too. My daughter is employed and likely to marry in a few months. We are eager to buy a spacious house before that. Should we pay capital gains tax if I sell my old flat? My wife and I are in …

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Aug 03

To meet short fall invest in mutual fund

I am 48 and will retire at 60. My wife too is employed and earns ?35,000. I don’t wish to factor in her income for our retirement. We have no dependents. My salary will grow at 2.5 per cent every year. My employer does not provide any pension benefits. How much do we need to …

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