Golden Rules for Retirement

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niveza
Posts: 132
Joined: Wed Feb 22, 2017 3:48 pm

Golden Rules for Retirement

Post by niveza »

An average man’s life expectancy is 80 years. However, most of them work only till they turn 60 (Age of retirement in India). An average person lives for 20 years after retiring from his/her day job. Now in a developing country like ours where there is no monetary support for the old-age people from the government, the onus of taking care of yourself lies solely on you! And with the ever rising inflation and decreasing interest rates (savings account and fixed deposits), it will be next to impossible to manage your day-to-day expenses with the money received from Provident Fund (EPF) and gratuity.

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