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RETIREMENT PLANNING-A SIMPLE GUIDE FOR INDIVIDUALS

R.K. Mohapatra
4.9/5 (20554 ratings)
Description:R K Mohapatra is an Indian author, known for his work on financial planning & retirement planning for individuals, launched his new book titled “Retirement Planning-A Simple Guide for Individuals” by presenting a copy of the book to Dr. Mahesh Sharma, Minister of State (Independent charge) Culture & Tourism and Civil Aviation. The Minister while lauding the painstaking efforts of the author, emphasized the relevance of being mentally prepared for the inevitable retirement stage of life so as to efficiently plan the future. He agreed that financial planning done at an early stage of one’s career was helpful in securing the post-retirement phase.Pension plans provide financial security and stability during old age when people don't have a regular source of income. The retirement plan ensures that people live with pride and without compromising on their standard of living during advancing years. The pension scheme gives an opportunity to invest and accumulate savings and get a lump sum amount as regular income through an annuity plan at retirement. In the present scenario statutory savings such as EPF/GPF, NPS and PPF are not enough for retirement corpus. One has to think very carefully about the retirement product and its returns while planning for a retirement corpus.The book, “Retirement Planning- A Simple Guide For Individuals" is meant to enlighten readers, especially the middle class on how to invest, instruments in which to invest, and where to get started.The book in meticulous introduction running into 252 pages and eight chapters is a simple guide for individuals that describes the topic of retirement plan for individuals along with future growth of financial products in India. The book reflects and focuses on an individual’s retirement need, corpus for retirement, and use of created corpus after the superannuation. The author also explains with well-researched analysis and analytical calculation how to accumulated retirement corpus during the pre-retirement period and preserve the accumulated corpus during the preservation stage and get the desired post-retirement expenses during the distribution stage.In the book, the author has elaborately described mutual fund chapter, which elucidates how investment through SIP ensures disciplined investment, regardless of the volatility of the market, and further how it helps an investor average his/her cost through market cycles for creating a big retirement corpus during the pre-retirement stage sans taking too much of risk and get the desired post-retirement expenses during the distribution stage. The author very nicely explains the expense ratio and its impact on returns.The book described the market trend, risk-return of investment product, individual behavior as well as market behavior in different situations, the impact of inflation, macro factors and socioeconomic factors that affect the return of investments.The author explains how a small investment in the public provident fund, NPS, and diversified equity mutual fund through a systematic investment plan (SIP) one can achieve his/ her desired goal of retirement.This book enables you to take meaningful decisions for your future retirement, whether you are at thirty or fifty. This book guides you to develop an attitude and aptitude for the investment of your retirement and other financial goals. This book also enables you to grab the best opportunities in this volatile market rather than just investing in conventional instruments. Retirement planning is reviewed by the free press journal 23rd Sep 2016 is very effective. The web page link is as under:http://www.pressreader.com/india/the-...It is fortunate moments for the publisher, Blue Rose as people welcome this book full of passion before launching. This book is under the category of non-fiction business self-help, which is available through the popular online website of Amazon, Flipkart, Shopclues, eBay and Blue rose, publisher.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with RETIREMENT PLANNING-A SIMPLE GUIDE FOR INDIVIDUALS. To get started finding RETIREMENT PLANNING-A SIMPLE GUIDE FOR INDIVIDUALS, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
252
Format
PDF, EPUB & Kindle Edition
Publisher
BLUE ROSE
Release
2016
ISBN

RETIREMENT PLANNING-A SIMPLE GUIDE FOR INDIVIDUALS

R.K. Mohapatra
4.4/5 (1290744 ratings)
Description: R K Mohapatra is an Indian author, known for his work on financial planning & retirement planning for individuals, launched his new book titled “Retirement Planning-A Simple Guide for Individuals” by presenting a copy of the book to Dr. Mahesh Sharma, Minister of State (Independent charge) Culture & Tourism and Civil Aviation. The Minister while lauding the painstaking efforts of the author, emphasized the relevance of being mentally prepared for the inevitable retirement stage of life so as to efficiently plan the future. He agreed that financial planning done at an early stage of one’s career was helpful in securing the post-retirement phase.Pension plans provide financial security and stability during old age when people don't have a regular source of income. The retirement plan ensures that people live with pride and without compromising on their standard of living during advancing years. The pension scheme gives an opportunity to invest and accumulate savings and get a lump sum amount as regular income through an annuity plan at retirement. In the present scenario statutory savings such as EPF/GPF, NPS and PPF are not enough for retirement corpus. One has to think very carefully about the retirement product and its returns while planning for a retirement corpus.The book, “Retirement Planning- A Simple Guide For Individuals" is meant to enlighten readers, especially the middle class on how to invest, instruments in which to invest, and where to get started.The book in meticulous introduction running into 252 pages and eight chapters is a simple guide for individuals that describes the topic of retirement plan for individuals along with future growth of financial products in India. The book reflects and focuses on an individual’s retirement need, corpus for retirement, and use of created corpus after the superannuation. The author also explains with well-researched analysis and analytical calculation how to accumulated retirement corpus during the pre-retirement period and preserve the accumulated corpus during the preservation stage and get the desired post-retirement expenses during the distribution stage.In the book, the author has elaborately described mutual fund chapter, which elucidates how investment through SIP ensures disciplined investment, regardless of the volatility of the market, and further how it helps an investor average his/her cost through market cycles for creating a big retirement corpus during the pre-retirement stage sans taking too much of risk and get the desired post-retirement expenses during the distribution stage. The author very nicely explains the expense ratio and its impact on returns.The book described the market trend, risk-return of investment product, individual behavior as well as market behavior in different situations, the impact of inflation, macro factors and socioeconomic factors that affect the return of investments.The author explains how a small investment in the public provident fund, NPS, and diversified equity mutual fund through a systematic investment plan (SIP) one can achieve his/ her desired goal of retirement.This book enables you to take meaningful decisions for your future retirement, whether you are at thirty or fifty. This book guides you to develop an attitude and aptitude for the investment of your retirement and other financial goals. This book also enables you to grab the best opportunities in this volatile market rather than just investing in conventional instruments. Retirement planning is reviewed by the free press journal 23rd Sep 2016 is very effective. The web page link is as under:http://www.pressreader.com/india/the-...It is fortunate moments for the publisher, Blue Rose as people welcome this book full of passion before launching. This book is under the category of non-fiction business self-help, which is available through the popular online website of Amazon, Flipkart, Shopclues, eBay and Blue rose, publisher.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with RETIREMENT PLANNING-A SIMPLE GUIDE FOR INDIVIDUALS. To get started finding RETIREMENT PLANNING-A SIMPLE GUIDE FOR INDIVIDUALS, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
252
Format
PDF, EPUB & Kindle Edition
Publisher
BLUE ROSE
Release
2016
ISBN
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