Retirement Income Planning

Retirement Income Planning

Most important: Two things
Duration & Direction

Duration- Retirement income should take care of a person life long.

Direction – Our income should continuously rise throughout our lives.

True safety is in preservation of purchasing power.

Don’t overestimate the risk of volatility & underestimate the risk of purchasing power.

Difference between Fact & Fear –

Fear – Having fear of equity ups and down is natural.

Fact – Knowing the truth makes you stronger in a bad period.

And fact is that equity market has given 20x growth in last 20 years compared to FD growth of 5x.

In last 30 years there were 5 times when market crashed.
1992, 2000, 2008, 2014 & 2020 …..after every fall, market has risen 5x.

Be a owner by having great company’s portfolio.
Doing FD is risky and will make you a Loaner.

It’s a Risk of your dignity and independence if your money didn’t outlive your life.

Best wishes to you to plan your Retirement wisely.

Kavita S Devi, CFP CM