Retirement planning
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Retirement Planning abhinaygupta.in abhi_14gupta
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Retirement Planningabhinaygupta.in abhi_14gupta
But Why..?www.abhinaygupta.in
Let us try to understand the answer
with the help of an
example.
www.abhinaygupta.in
Balance = 350
Monthly
Income:1000 Expeses:650
Meet Joe!! (24 years old)
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Joe doesn’t bother about his retirement planning and
spends all his balance amount in:
www.abhinaygupta.in
Balance = 200
Monthly
Income:1500 Expeses:1300
Joe at 48 years of age..
www.abhinaygupta.in
Balance = 200
Monthly
Income:1500 Expeses:1300
Joe at 48 years of age..
Because of ……
As you see the income is increased by
50% while expenses are high by
100%....
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INFLATION
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Balance = -2000
Monthly
Income:0 Expeses:2000
Joe at 60 years of age and
Retired
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Now Joe is:- Old
Jobless
Weak and unhealthy
And most importantly….
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Financially Dependent on
others!!
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Scary….isn’t it??www.abhinaygupta.in
Joe…Lets see what went wrong??
Not Saving
Not planning your retirement .
Wasting money on luxury items.
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www.abhinaygupta.in
Don’t worry Joe….We got this..!!
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Let’s travel the time and
go back to the period when Joe
was young.
www.abhinaygupta.in
Balance = 350
Monthly
Income:1000 Expeses:650
Meet Joe!! (24 years old)
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Joe instead of spending balance money on these….
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With the help of his Financial Planner he invested that
money for his Retirement Planning.
Retirement Fund
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And when he Retires, Joe has
Rs.2165000By investing just Rs.350 per month
i.e.Rs.15100 at 12% Rate p.a.
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Corpus =Rs.2165000
Monthly
Income:0 Expeses:2000
Joe at 60 years of age and
Retired
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But how did that happen??
That’s
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Magic Of Compounding
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Now Joe :✓ Has Long Lasting corpus
✓ Is Financially Independent
✓ Can take care of his own health
✓ Can meet all his debts
✓ Can Leave a will
✓ Can Fulfill his desires
✓ Can enjoy his Retirementwww.abhinaygupta.in
Joe can do these because he:
✓ Started Early i.e at the age of 24
✓ Invested regularly
✓ Took retirement planning seriously
✓ Took a professional help.
www.abhinaygupta.in
Thanks Joe :)
finwareabhinaygupta.in abhi_14guptaaforabhinay
finwareabhinaygupta.in abhi_14guptaaforabhinay
