SIP for Retirement

 

Concept of Retirement

Retirement is one of the most important life events many of us will ever experience. From both a personal and financial perspective, realizing a comfortable retirement is an incredibly extensive process that takes sensible planning and years of persistence. Even once it is reached, managing your retirement is an ongoing responsibility that carries well into one’s golden years.

While all of us would like to retire comfortably, the complexity and time required in building a successful retirement plan can make the whole process seem nothing short of daunting. However, it can often be done with fewer headaches (and financial pain) than you might think – all it takes is a little homework, an attainable savings and investment plan, and a long-term commitment.

Retirement planning is an ongoing, lifelong process that takes decades of commitment in order to receive the final payoff. The idea of accumulating millions of rupees in a retirement nest egg certainly can seem intimidating, but, with a few basic calculations and commitment to a feasible plan, it’s not difficult to achieve.

YOU RAISE YOUR CHILDREN TO BE MORE SUCCESSFUL THAN YOU………………
THEY USE THEIR SUCCESS TO MOVE IN TO BETTER LIVES………………………………
LIVES THAT MIGHT LEAVE YOU BEHIND………………
AND THEY RAISE THEIR CHILDREN TO BE MORE SUCCESSFUL THAN THEY …………………..
AND SO ON……………………

Society was once structured such that we could enjoy a Newtonian “equal and opposite reaction” with our Children. Now increasingly, the story moves in one direction.

According to a survey all most 93% of old age people are financially dependent on their children/ grandchildren & relatives. Key is to have Pension(Fix monthly income) to live your old age with Grace & Dignity. Weather it is with children or without children.

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