A Simple Guide For Individuals
This book can be downloaded and read in Apple Books on your Mac or iOS device.
‘Retirement Planning-A simple guide for individuals’ launched by R.K.Mohapatra, on June 8, 2016 by presenting a copy of the book to Dr. Mahesh Sharma, Minister of State (Independent charge) Culture & Tourism and Civil Aviation. The book, ‘ Retirement Planning-A simple guide for Individuals’ explains with concise and concrete examples, which can helps an individual to understand about the pre-retirement stage (accumulation period), preservation stage and post-retirement stage (distribution period). 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. This book enables you take meaningful decision for your future retirement, whether you are at thirty or fifty. This book guides you to develop an attitude and aptitude for 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 the conventional instruments. It also assists you on focusing goals one by one by utilizing the best possible alternative investment avenues in the market. In this book, you will learn how to utilize your hard-earned money in your distress period in every stage of your life. You will understand the hidden, untapped power that you have and can also manage your hard-earned money in a better way without the help of a financial planner. The book described the market trend, risk-return of investment product, individual behavior as well as market behavior in different situations, impact of inflation, macro factors and socio-economic factors which affects the return of investments. 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, author has elaborately describes 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 state. The author very nicely explains the expense ratio and its impact on return.