Financial Planning Prior to Retirement It’s easier to live in the present when you have the next 20 years figured out. - Ric Edelman FaceBook Twitter Google + Linkedin Wealth Traits Financial Planners, No. 9, Maven Projects Centre, Dr. Thirumoorthy Nagar...
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Financial Planning Prior to Retirement It’s easier to live in the present when you have the next 20 years figured out. - Ric Edelman FaceBook Twitter Google + Linkedin Wealth Traits Financial Planners, No. 9, Maven Projects Centre, Dr. Thirumoorthy Nagar 3rd Sreet, Nungambakkam, Chennai - 600 034. info@wealthtraits.com www.wealthtraits.com Isn’t every one’s dream to live financially secure and comfortable retirement life? All your active income will stop. Your child may not be your retirement solution. We can’t rely on social security (is there in India?) also. One has to live either liquidating assets and resources or getting Passive Income or combination of both. Passive income could be rental income, interest, dividend from shares or capital gains. Exception may be intellectual income like Royalty (Not applicable for most of us). So you need solid resource(s) at the time of retiring. Research shows that 4 in 5 under-estimate retirement requirements. Life can throw lot of challenges
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