Blog 13: Retirement Concept
1.Retirement is One of the Most underrated Concepts in the World.
2.Is Retirement Needed for Human Life?
My Answer: Yes 100% Needed, Life is not meant for Paying bills and Saying Good Bye to this World.
3.There is a Beautiful Life beyond Work, that is Called Retirement.
In Simple Terms, Retirement Means, Doing What We Like, Enjoying How We Want to Enjoy Our Life, Going to Vacations Where We Want to Go. All this Happens Only When We have Sufficient Bank Balance at the time of Retirement.
4.What is Retirement and How much money is Needed for it?
Retirement means, no need to go for Work, Our day to day Expenses are Covered by our Retirement Fund.
5.For a Beautiful Retirement, You Need Sufficient Savings that Will Cover your remaining Life Expenses, Considering Inflation. I discussed this topic briefly in Blog 3.
6.Normal Retirement Age in most Countries is around 65.
In Many Countries People are Working Beyond 65, 70, 75, that is really Pathetic.
The Average Human Life Span Age is around "70" in India.
7.Normally Earnings of Individuals Start at the Age 25, If they Can Improve their Earnings Over time, Save and Invest Prudently for next 30 Years, Surely Everyone Can Retire at the Age of 55, and they Can live the rest of their Life Joyfully.
8.No Pain, No Gain. Sacrifice Now for a Better Future Later.
9.Reminder:
Retirement, it doesn't mean not doing anything or just sitting idle, it's all about Enjoying our Life, how We Want to Live Without Thinking about Finances.
10.Retirement is not the end of the road, it is the beginning of a New Journey.
"Retire With Good Health".
"Everyone has the Potential and Capability to Achieve."
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