Not exact matches
Leaders also
need to recognize that this generation isn't wild about the concept of waiting
till retirement to enjoy life; the type of work environment that attracts and motivates them is a meaningful, rewarding, and fun workplace.
Most don't wake up
till much, much later in life and realize that their income
needs might not meet their expenses in
retirement.
In short, if you were planning on putting it in stocks before the «faux crash» and you have more than 10 years
till retirement or when you'll
need it, then put it in the market.
If my goal is to see the effect of compound in long term, say
retirement but since we can not keep the same fund
till next 25 years and there will be
need to change the stock depend on how they are performing.
Now the amount you
need at your
retirement to live a good life
till age of 80 years is 25 times your yearly requirement, which comes out to be 25 * 65 lakhs, i.e. 16.28 Cr approx.
Why will you
need term insurance post
retirement till the age of 75 years?
You have mentioned your current age is 47 years, so even if you get insurance for 15 years it is fine, because most people
need insurance
till the age of
retirement i.e. 60 years.
Also you
need future income protection
till your
retirement (age 60 years).
If that will take too long, how much you will
need to contribute from your job income to pay off the properties in the time we have
till retirement?