Retirement planning is a process that requires planning and consistency in investment. If you plan your retirement, you are going to enjoy retirement as the best days of your life!
Why Retirement Planning required?
- During your working years, you may have kept postponing pursuing your non-work related passions. That passion could be writing a book, scuba diving, world Tour, etc.
- The average life expectancy in India is close to 70 years. Now due to improvement in medical technology, survival rate is increasing further.
- The average life expectancy in India is close to 70 years. Now due to improvement in medical technology, survival rate is increasing further.
- In our Indian Culture, it is the unsaid duty of the parents to plan and arrange for the marriages of their children.
- Many people in India have started marrying in their late 20s or early 30s. This delay has a increasing effect on their retirement expenses as well.
- In case, if your child is just entering college at the time of your retirement, then you need to apportion a certain sum of money for his/her education separately.
- Assume you live up to 80, you have 20 more years after retirement. To sustain expenses for those 20 years after retirement, you need a good amount of fund to meet your daily expenses in next 20 years.
Hence, In order to enjoy the golden years of your life to the fullest. Planning for a comfortable retirement is extremely important. Other than this, you should also keep some money for your travel and leisure activities. Who says that retirees should not have fun?
If you want to ensure an independent life without compromising with the standard of living, then you should Plan your retirement. “Na sir Jhukha hai kabhi, Na Jhukhe ga”.
Moreover, Retirement planning is not as difficult as it is thought to be. If done methodically, you can achieve your final goal of leading a comfortable life during your retirement years.
Are you ready for your Retirement?
During your retirement days, aap kis par nirbhar rahna pasand karenge?
- Childern par
- Charity Par
- Relatives par
- Self par