Monday, 29 December 2014

Are You Working Towards a Happy Retirement?

Retirement is the stage each one of us will encounter in our life. The are a numbers of employees retiring every day. So, What happens after it?

Everyone of us would like to have a comfortable retirement with neat planning for life after retirement.

Planning for a happy and secure retirement is not simple. But still, we expecting for a comfortable and safe retirement must be ready for putting some efforts in retirement plan.



Well, What is retirement planning ?
 The process of allocating some money for us to spend after retirement known as retirement savings.

Retirement savings plan is important to be considered because if not planned properly will lead to an irregular and unpeacefull life after retirement.



How Much You Will Need in Retirement? 

 This is the next question that arises when we decided to plan. There is nothing to worry about it, and it is easy and simple to find out. The income needed in retirement completely depends on the annual income when we retire.




You have to consider the following for retirement planning calculation :

  1. At what age you will retire
  2. Annual income when you retire
  3. Passive Annual Income like pensions etc.,
  4. Your current savings and investments
Have you decided with all these.

Just input all these into Retirement Calculator.



You will be known with the income needed in retirement.