It is really good and necessary to plan retirement as this will help get a good and enjoyable old age. Old age is not when someone will start hustling to feed, therefore it's good to put some things down and in place for the future.
Retirement Planning
- Thread starter Nova
- Start date
Retirement is something everyone faces at a certain point in life. Everyone is very well aware of the fact that there will come a time that they won’t be able to work or earn as much as they used to when they were young or adults. So, it is better that you start planning your retirement early in life, so that you can have a financially stable life post-retirement.
Retirement planning is good and employee end of job he get rewards and get more beneficial so he wants to think about a small business which do after retirement and get money as free.
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When we joined a new job we know that one-day we will retire and get pension so we have a plan about the retirement we should work regularly and honestly because if we know that one-day I will retire from this job when our age are more than 50 we want to plan about the retirement and live the remaining life simple
Start planning your retirement plan from when you start working. Do not wait until you're 40 or 50 before you start thinking of retirement plans. Join a pension on time if that is the area to want to commit to. Or you can start saving up to start an investment or business.
Retirement planning isn't just about figuring out the right amount of money to save but it’s also about finding the right place to save it. You’ll learn how to choose the best investment account among the alphabet soup of choices. Plus, finding out ways to help you calculate how much you need to save for retirement.
https://www.nerdwallet.com/article/investing-101
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Retirement planning is the process of determining retirement income goals, and the actions and decisions necessary to achieve those goals. Retirement planning includes identifying sources of income, sizing up expenses, implementing a savings program, and managing assets and risk. Future cash flows are estimated to gauge whether the retirement income goal will be achieved. Some retirement plans change depending on whether you're in, say, the United States, or Canada, which has its own system of workplace-sponsored plans.
Retirement plans should begin quickly you are in your picked vocation field, that way you will have cash saved for your retirement. That is a shrewd arrangement that everybody should begin executing for an effective profession and retirement.
Retirement planning is the process of setting retirement income goals, and the steps and decisions necessary to achieve those goals. Retirement planning includes identifying sources of income, reducing expenses, implementing a savings program, and managing assets and risk.
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Retirement planning is the process of setting retirement income goals, and the steps and decisions necessary to achieve those goals. Retirement planning includes identifying sources of income, reducing expenses, implementing a savings program, and managing assets and risk.
I really like this topic, many work every day without thinking or planning for their retirement. Apart from retirement, one can easily get sacked and if he hasn't had any plan, he will pay dearly for it. It is very good and advisable for us to save while still working.
yes i did, but i didn't start working on it yet because i'm a student and money is the main part in this plan, once i believe i'm fully financial dependent, i will start working on it because the plan is ready
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Retirement planning is the process of determine retiremining retirement income goals, and the action and decisions necessary to achieve those goals. Retirement planning includesidentifying sources income, sizing up expenses, implementing a savings program, and managing assets a risk.
I always think about it,but I put all in God hand to take control...
It is not easy to be a man you know , because so many boredom will be on your head,most family matters which is the number one problem I face now...
But it is well,I know and believe with God everything is possible,we all pray to get old and enjoy our old age,but still yet everything is in God hands ...I pray we all get old and enjoy out old age by God grace ...(Amen)
Every worker who is advancing towards retirement must have retirement plan, as a wise worker you must plan for your future and by planning for your future as a worker, you need to engage in pension scheme, this is the only way you can be able to secure a future for your family
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Retirement plan it good to plan it down before retire like Take Stock of Your 'Assets'
You know how much you bring home each month, how much you have in the bank and how much you have in your retirement account. But what about those other nontraditional assets that could help fund your retirement? Maybe you collect antiques or restore cars. Perhaps you're an accomplished pianist or have a half-written novel you want to finish.
Many hobbies and skills can be turned into real income in your retirement years — trading antiques or teaching piano lessons, for example
You know how much you bring home each month, how much you have in the bank and how much you have in your retirement account. But what about those other nontraditional assets that could help fund your retirement? Maybe you collect antiques or restore cars. Perhaps you're an accomplished pianist or have a half-written novel you want to finish.
Many hobbies and skills can be turned into real income in your retirement years — trading antiques or teaching piano lessons, for example
With the notion in our mind that one day we won't have the energy to continue working, we should from now be working towards that period. We should start saving or establishing ahead of the dry season.
If a person is doing a government job after retirement he got a huge amount of money from God in shape of pension.He should do startup business in their old age and extra money. So he lives their remaining life healthy.
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Retirement planning is the process of setting retirement income goals, and the steps and decisions necessary to achieve those goals. Retirement planning includes identifying sources of income, reducing expenses, implementing a savings program, and managing assets and risk.
PART OF
Financial Health Checklist
PERSONAL FINANCE RETIREMENT PLANNING
Retirement Planning
By JULIA KAGAN
Updated Jan 26, 2021
What Is Retirement Planning?
Retirement planning is the process of determining retirement income goals, and the actions and decisions necessary to achieve those goals. Retirement planning includes identifying sources of income, sizing up expenses, implementing a savings program, and managing assets and risk. Future cash flows are estimated to gauge whether the retirement income goal will be achieved. Some retirement plans change depending on whether you're in, say, the United States, or Canada, which has its own system of workplace-sponsored plans.1 2
Retirement planning is ideally a life-long process. You can start at any time, but it works best if you factor it into your financial planning from the beginning. That's the best way to ensure a safe, secure—and fun—retirement. The fun part is why it makes sense to pay attention to the serious and perhaps boring part: planning how you'll get there
Financial Health Checklist
PERSONAL FINANCE RETIREMENT PLANNING
Retirement Planning
By JULIA KAGAN
Updated Jan 26, 2021
What Is Retirement Planning?
Retirement planning is the process of determining retirement income goals, and the actions and decisions necessary to achieve those goals. Retirement planning includes identifying sources of income, sizing up expenses, implementing a savings program, and managing assets and risk. Future cash flows are estimated to gauge whether the retirement income goal will be achieved. Some retirement plans change depending on whether you're in, say, the United States, or Canada, which has its own system of workplace-sponsored plans.1 2
Retirement planning is ideally a life-long process. You can start at any time, but it works best if you factor it into your financial planning from the beginning. That's the best way to ensure a safe, secure—and fun—retirement. The fun part is why it makes sense to pay attention to the serious and perhaps boring part: planning how you'll get there
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