Perfact Retirement Solution
Mis-Conception on Earning Retirement Salary:
What Retired person should have in their Retirement kitty? People are divided on whether they should be Cash Reach or Asset Reach at their Retirements.
Some think that a retired person should be Cash Reach while others think a Retired person should be Asset Reach.
I think a retired person should have to have their own house to enjoy their retirement with dignity and they should also have sufficient Corpus in terms of cash as well as liquid assets for getting their “INCREMENTAL MONTHLY INCOME“.… Read the rest
Perfect Retirement Solution – 2
In my last blog we have seen that how a Retired Person might get in to the trouble While making an arrangement for regular cash flaw [income] 8 Big mistakes to be avoided in Retire Planning as well as Retirement Solution.
For details go through my last post: perfect-retirement-solution-1
Now in this blog we will discuss about Perfect Retirement Solution:
First of all we will discuss what is the Requirement to make a Perfact Retirement Solutions:
Requirement of an Ideal Retirement Solution:
- Inflation Hedging.
Perfect Retirement Solution – 1
Mis-Conception on Earning Retirement Salary:
What Retired person should have in their Retirement kitty? People are divided on weather they should be Cash Reach or Asset Reach at their Retirements?
Someone is thinking that Retired person should be Cash Reach while others are thinking Retired person should be Asset Reach.
I think Retired person should be having own house for enjoying their retirement with dignity and they should also be having sufficient Corpus in terms of cash as well as liquid assets for getting their “INCREMENTAL MONTHLY INCOME“.… Read the rest
Perfect Retirement Planning – 3
Last week we have seen How to think about your Retirement Planning and what steps should be executed and what should be avoided.
For starting your retirement planning first of all we should know your current cash flow alongwith your lifestyle
Before discussing about how much corpus is actually needed for retirement, we need to understand what is Retirement Planning and why is it important?… Read the rest
Have you plan for your Retirement? Part – 2
HAVE YOU PLANNED YOUR RETIREMENT LIFE?
Last week we read how people fail to plan their Retirement at various Life Stages.
Retirement Planning is nothing but ‘Put your Money @ Work to Earn for your Retirement Days‘.
People always make mistakes in understanding two different concepts Retirement Planning & Retirement Solutions
Retirement Planning is nothing but an accumulation process of Retirement Corpus – This is an Investment Phase just like sowing in a farm.… Read the rest
Have you plan for your Retirement? Part – 1
Last week we had talked about importance of Financial Planning this week we will discuss most important planing of your life that is nothing but Retirement Planing.
While discussing with many people we have listened Common arguments at various ages of life to avoid Retirement Planing.
@ 20s “Let me start my career”
@ 30s “I have just started my career let me enjoy.… Read the rest
Start Financial Planning
Wish You All
Happy and Prosperous New Year
Welcome 2018
Let us all take a new year resolution on this new year day that “We all will learn and educate others about Financial Literacy by which we will have a Happy & Prosperous living in our life”
To support
Financial Education Week (FEW) is an independent, not-for-profit national initiative, we have started this Financial Literacy Mission a little contribution from our side.… Read the rest
History of an Investment & Investment Strategies
What is an investment?
Investment, as the dictionary defines it, is something that is purchased with money that is expected to produce income or profit.
Your education can also be called an investment and many times, it does help you earn a higher income.
There are three types of investments: ownership, lending and cash equivalents.
Investments can also be categorised based on how it is managed as Active Investment & Passive Investment
What is ‘Active management‘
Active management is the use of a human element, such as a single manager, co-managers or a team of managers, to actively manage a fund’s portfolio.… Read the rest
Silent Killer of your Retirement Corpus
Inflation is the silent killer of your Retirement corpus.
Your Salary Will Not Rise After Your Retirement BUT Inflation Will ALWAYS Rise.
Expanses of 50,000 at your Retirement Age will be 1,90,000 after 20 Years, which means Purchasing Power of your 50,000 will be reduced drastically.
Suppose you are getting Retired now and you have monthly expenses of 50,000 and you have started getting 50,000 fixed from any fixed annuity plan what will happens after some period.… Read the rest
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