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Written by Ramalingam K
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Tuesday, 11 October 2011 00:00 |
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Let’s begin on planning finance for retirement. It is usual for many of us to aspire for a financially secure and happy retired life. However being financially prepared to meet the demands of retired life by saving and investing requires considering and following the 10 doctrines of wise retirement planning.
A look at the 10 doctrines to wise retirement planning:
1) Provide for contingencies
Most of us tend to underestimate our retirement needs. Provision for medical emergencies with inadequacy of medical insurance in old age requires financial provision. Lack of government social security schemes and retirement benefits to self-employed and private sector employees creates requirement for more provision for contingencies after retirement.
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Last Updated on Wednesday, 12 October 2011 13:44 |
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Read more... [The 10 Financial Doctrines of Wise Retirement Planning]
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Written by Ramalingam K
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Friday, 01 April 2011 09:52 |
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Inflation and Retirement
Most Retirees feel great getting a bulk sum as provident fund and gratuity, and wish they knew a magician, who could spin their money 2 to 3 times in just 5 years, in addition to ensuring a regular return for their day to day expenses. It is true we all want it to keep up with the inflation rate in the market. I know of no such magicians, and it is practically not possible to multiply your money 2 to 3 times in just 5 years. But I definitely know of smart investment planning and investment advisors that could help you to beat inflation.
A step by step look at your considerations to come out with smart calculated investment decisions:
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Read more... [How & Why Should you invest in Stock Markets Even After Your Retirement?]
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Written by Ramalingam K
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Saturday, 26 March 2011 12:51 |
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The mindset of today’s young professionals is changing radically. They would like to have a semi-retired life in their late forties or early fifties by taking up a hobby instead of a regular job.
Somewhere within all of us, there is a dream to reach a point in life where we have enough wealth to be able to choose the work we would like to do and the pace at which we would like to work, if at all we feel like working; a point also referred to as financial freedom. Financial Freedom is also interpreted as being able to spend whatever amount you like, on whatever things you like, month after month.
Here is a step by step guide to Retire Early.
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Last Updated on Saturday, 26 March 2011 13:00 |
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Read more... [How to Retire Early? Retire Sooner and Richer]
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Written by Ramalingam K
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Tuesday, 22 March 2011 13:06 |
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Don’t put off today what you can’t afford to do tomorrow. In spite of the world wide pension crisis and a growing acceptance that we must plan and save for our retirement, the harsh reality is we are actually not saving enough. Research reports reveal that only 15% of the individuals are saving sufficiently for their retired life. Here are a few tips on things to do before you retire so that your retired life is more comfortable and enjoyable.
Get Rid of All Your Debts
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Read more... [10 Things To Do Before You Retire]
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