RETIREMENT INCOME PLANNING
The concept of retirement has evolved greatly over the last fifty years. We are living longer, perhaps retiring earlier. Fewer of us have pensions and we are increasingly responsible for providing our own income in retirement, a period of our lives that may well last thirty years.
As you approach the end of your working career, you may have questions about how to support yourself in retirement. How do you know what you’ll need to live on? Which pension option should you select? How will you pay for health care?
Start your Retirement planning using following systematic process:
- Set your retirement goals
- Assess your current financial position
- Give your family financial security
- Identify retirement income sources
- Evaluate retirement risks
- Understand health care issues
- Invest your retirement assets
- Manage your retirement income
- Monitor your retirement assets
- Earn regular and guaranteed income even during your old age
The pace at which you are earning today, you may not be able to earn during your old age due to physical constraints. Plan a parellel income plan for your old age.
Live Healthy & Financially Independent Life even after your Retirement
For any assistance in your retirement planning please dont hesitate to call us on 8693800025.
Regards
Raj