{"id":1320,"date":"2018-01-14T02:34:31","date_gmt":"2018-01-13T21:04:31","guid":{"rendered":"http:\/\/bltpindia.com\/wordpress\/?p=1320"},"modified":"2022-10-30T17:15:26","modified_gmt":"2022-10-30T11:45:26","slug":"have-you-plan-for-your-retirement-part-2","status":"publish","type":"post","link":"https:\/\/bltpindia.com\/wordpress\/index.php\/2018\/01\/14\/have-you-plan-for-your-retirement-part-2\/","title":{"rendered":"Have you plan for your Retirement? Part – 2"},"content":{"rendered":"

HAVE YOU PLANNED YOUR RETIREMENT LIFE?<\/b><\/p>\n

Last week we read how people fail to plan their Retirement at<\/a><\/i> various Life Stages<\/a><\/i>.<\/a><\/h3>\n

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Retirement Planning <\/b><\/i>is nothing but ‘<\/em><\/strong>Put your Money @ Work to Earn for your Retirement Days<\/em><\/strong><\/span>‘.<\/em><\/strong><\/span><\/h3>\n

People always make mistakes in understanding two different concepts Retirement Planning & Retirement Solutions
\nRetirement Planning<\/i><\/b><\/span> is nothing but an accumulation process of Retirement Corpus – This is an Investment Phase just like sowing in a farm.<\/b><\/span>
\nRetirement Solutions<\/b><\/i> <\/span>is a combination of two processes. One side disbursements of money as per requirement, other side Growing the corpus to keep pace with inflated disbursements. If anyone fails to manage balance between growth and disbursements he\/she might face old-age poverty.<\/i><\/b> This is working just like a Pension Plan or you may call it harvesting.<\/b><\/span><\/p>\n

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The Organisation for Econom<\/i><\/b><\/span>ic Co-operation and Development (OECD) has warned of an \u201cexcessive\u201d hunt for yield heightening insolvency risks for pension funds<\/i><\/b><\/span><\/p>\n<\/blockquote>\n

Philosophy<\/b><\/i> of a Retirement Solution<\/b><\/i><\/span><\/span><\/h3>\n
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\u201cIn a high-volatile bull run, if my plan underperforms, I don’t bother because I might generate a little less returns than others, but in a downfall trend, if I protect a retired person’s money better, I would consider myself a better Retirement Solutions provide<\/strong><\/em>r,\u201d<\/span><\/span><\/p>\n<\/blockquote>\n

While Retirement Planning<\/strong><\/span> if you ignore the inflation impact you will definitely face old-age poverty. Inflation is a Silent Killer of your Retirement Corpus<\/a>.
\nRetirement Solutions<\/strong><\/span> is nothing but ‘Continue your Salary even after Retirement with Increment’.<\/i><\/b><\/span>
\nDon’t fall in prey of Gurranteed Fixed Income <\/i><\/b><\/span><\/p>\n

Click on <\/b><\/i>My Retirement Life<\/a><\/b><\/i><\/u><\/span> to check what would be the scenario if Fixed Monthly Income is opted<\/b><\/i>
\nRetirees must be aware of reducing purchasing power of money because they are living on a fixed amount of money. They must make sure that their investments earn<\/span> returns equal to or greater than the rate of inflation so that the value of their <\/span>corpus does not decrease each year.<\/span><\/p>\n

Retirees must earn constant or increasing Real Income<\/i><\/b> <\/span>on Retirement Corpus so they can live their lives without compromising their lifestyle.<\/p>\n

Real Income = Income – Inflation on Purchasing Power<\/em><\/strong><\/span><\/p><\/blockquote>\n

Remember while Retirement Planning you can be aggressive but after Retirement you cannot take RISK more than certain limits. You should protect your capital.
\nFew tips on Investment for getting Increasing Retirement Income<\/i><\/b><\/span><\/p>\n