Thread Started by #nk-sundaram

In many organisations, quite a number of employees, working in different levels ignore an important aspect of their work / life. That is Planning for Retirement. Owing to various reasons, such as procrastination, giving least priority to savings, tight work schedule etc. they ignore this important aspect of life. One fine day, when the HR department announces his retirement date and the farewell day, he gets the shock of his life leading to emotional imbalance, fear psychosis and by then it is too late. One should plan and expect retirement well in advance so that he can look forward to his life after retirement.
There are several aspects to be taken into account while thinking ahead, planning, preparation to manage future income, emotional imbalance, absence of security, spending time effectively and beneficially. I cover these things through a training programme called Planning for Retirement. All those employees who are in their early 50's should start thinking about their life after retirement. I can do this training through English, Hindi and Tamil. Training session may last around 4 hours. HR personnel in organisations may approach me for giving this facility to their employees.
26th May 2018 From India, Bengaluru
Save from your first pay.
Take advantage of compounding power.
The magic ingredient that makes compound interest work best is time.
The simple fact is that WHEN you start saving outweighs how much you save.
An investment left untouched for a period of decades can add up to a large sum, even if you never invest another rupee.
Learned poster above has brought out a very vital point.
Everyone has to retire.
After retirement your main income will be from savings and some who are lucky to get Govt pensions.
Health becomes vital and expenditure on medical issues can eat away your savings.
health insurance is a must right from early days when you have no serious issues.
Thoughtful savings in right instruments can build up a suitable retirement corpus over a long period of time.
26th May 2018 From India, Pune
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