🌎🌏E.A.R.T.H🌎🌏

🌎🌏Enjoy A Retirement with Time & Health🌏🌏

"Retirement:  Rejuvenation Energizing Travel Interaction with friends Running around (with grand kids) Meditating and  Entertainment "

Retirement is wrapping up from your current duties and having lot of free time on hand to spend on things you like to do. While it is important to work on good health, fun time with friends and family, at the same time it is equally important to plan your finances to prevent any stress and enjoy to the fullest. Today in this blog my aim is to guide all the retirees to have that wonderful life ahead. Even working professionals can implement the missing links in their life to plan their retirement.

In Indian context we have 3 types of retired Personnel's

1. Government employees employed before 2004 and will enjoy pension after their retirements along with their accumulated PF's ,Gratuity and Savings as lump-sum to enjoy their retirements. 
2. Government employees employed after 2004 who does not enjoy Pension however having PF, Gratuity, NPS and Savings.
3. Private sector employees having PF (Depends if they have not withdrawn during shifting of jobs), Gratuity again depends on their services continuity with any firm and NPS if they have opted. However in this blog will be considering the people who have got their lump-sum proceeds together and show them the way how to deploy their money to have secure and constant cash flow to enjoy and stay healthy.

First category retirees will have constant cash flow in terms of pension. They can invest their lump-sum proceeds as per their risk appetite or according to the table that will be presented below in this blog for the other 2 categories. In this blog will be concentrating more on the last 2 categories as these will not have regular incoming cash flow once they retire except some annuity income if invested in NPS and guide them to park their lump-sum proceeds to generate wealth to have regular cash flows.

First of all I am advising all to have at least 

1. Their personal Medical Insurance done and 

2. Financial/ Retirement planning with a financial advisor or by yourself if you can to see what are your requirements in different phases of life and start investing accordingly.

Why I am putting so much emphasis to have your medical insurance, as when you are healthy insurers run after you and when even a small ailment comes then you have already missed the boat. This eats your biggest chunk of savings, leaving you in financial distress. 90% of the people ignore both of the above, but short term savings lead to long term stress and eventually financial uncertainties.

Now the most important question comes how to park the money when you get your lump sum on your retirement so that you can have the EARTH moment. The strategy that’s represented below is made keeping in mind the various risk factors involved and safety of the money. 

As these investments carry their own risks and advantages so please discuss with your advisors first to deploy any money in Debt/Equity funds and managing cash flows with Re-balancing.

The proceeds of retirement are divided into 5 stages, each stage is categorised keeping in mind the risk as well as constant returns so that inflation can be taken care of and we can generate some wealth on top of it

(Note: All the above involvement strategies carry interest rate and other market risk so do consult your financial advisor)

To enjoy your retirement lets save the EARTH
E.A.R.T.H - Enjoy A Retirement with Time & Health   

Ultimately  ~~~ Life is all about Balance ~~~ in all aspects

"Retirement is a blank sheet of paper. It is a chance to redesign your life into something new and different." -Patrick Foley

For EARTH moment contact us : sunrisefinservpune@gmail.com

http://www.Sunrisefinserv.in