09 May 2019

Sailing Smoothly Through Sundown Years

Chenthil R. Iyer
At the edges it falls apart, there goes a saying. Planning finances post-retirement is heavily dependent on whether one has done the right things in their active income period. So, if I assume that you have a decent corpus accumulated, which if appropriately invested, can help you live your life comfortably. I shall focus on the major dos and don’ts of managing finances post retirement Continue to work as long as you can! Retirement is not the stoppage of active income, but the stoppage of dependency on it. However, if there is the ability to create income post the retirement age, by all means one should do that. This not only adds more money into the kitty, but also keeps one sane and does not turn one’s mind into a devil’s workshop as the saying goes! Track your expenses more actively Now that you have the luxury of time, do track your expenses actively. This would...
Download the Outlook ​Magazines App. Six magazines, wherever you go! Play Store and App Store