Designing Your Retirement
September 19, 2017 4 Comments
I think it a pity that so many Indians are so worried about retirement Link. For a few years now, I could have simply decided to quit all work and live off the income from my assets . It’s a different matter that I choose to work . I find personally meaningful work, one of the biggest sources of pleasure in my life.
Perhaps my approach of planning and providing for retirement will help many more people quit worrying about it. So here it is :
1.First ask yourself if you wish to ever fully retire. When ?
2.Then ask yourself where you wish to live upon retirement ? Or would you really prefer to live a gypsy’s existence, going wherever your fancy takes you.
3.What are the plans, wishes and expectations of the rest of your family ,even as you retire ?What do you think of these claims ?How would accommodating their needs modify your plans? Read more of this post
Age is going to affect all of us differently.Some of us are going to live longer than others and in great good health.And each of us has a different idea of what would be a perfect lifestyle in our old age.Health permitting, there will always be the people who prefer to simply read or garden,others who would travel the world and the few who would pilot jets for fun.Knowing yourself and what you want and knowing your family and what they would prefer is the basis of retirement planning.
wealthymatters 