Planning for Worry Free Life Post Retirement

Who should attend: Everybody irrespective of age, profession and income. Even students can attend as it will give them some insight. Those who have started their career just now to those who are in middle of their career to those who are nearing retirement. This training is in fact more required for young to mid age people because of not so pleasant changes in our society. This program is for all. Even those living a retired life can also attend as they can review and reorganize their investment and withdrawal strategies. Housewives should also attend as they are equal partners in life and most important support particularly in old age.

Why you should attend: Retirement and old age is a reality and no one can run away from it. We don’t visualize when we are young, healthy, enjoying about many hardships one can face in old age. The way changes are happening in thinking, life style, increase in cost of living, preference of younger generation to stay separate, no employer provided pension for most, it will be difficult to survive post retirement if one is not adequately financially prepared. Reality is turning much bitter than what we think. Just sharing 2 news items (TOI dated 23/06/2019: Most Indians not happy about having to care for parents or in laws and HT dated 15/06/2019 – 39% Senior Citizens have no monthly income). Most Indians as per research report have not done their retirement planning or if done is not done correctly. Almost everyone does invest but most have their priorities wrong. Retirement is the most ignored area for younger to middle age people as their priority is spending more on lifestyle.

What will you learn: You will learn to make step by step complete Retirement Planning process with the help of excel. You will be able to calculate how much you will require for monthly expenses at retirement; how much total money you should have at retirement; where it has to be invested and how to withdraw every month so that that money lasts next 20-25 years post retirement. Where and how much to invest every month so that you accumulate desired amount at retirement. Along with this investment products, strategies and approaches will be explained for best result for each of the 3 stages of life (accumulation, transition and distribution).

How it will benefit you: No dependence on anyone for financial need in your old age. Will help you plan for a worry free post retired life.. Live with dignity, pride, tension free, enjoying life in old age. Post retired life is 2^nd phase of life when you execute your unfulfilled hobbies of your younger days. With no worry or constraint from money side you will live and enjoy your life to fullest. The earlier you plan the lesser you need to save and invest for post retirement. The more you delay in retirement planning lesser will be beneficial.