अतितृष्णा न कर्तव्या तृष्णां नैव परित्यजेत्।
शनै: शनैश्च भोक्तव्यं स्वयं वित्तमुपार्जितम् ॥
अत्यधिक इच्छाएं नहीं करनी चाहिए पर इच्छाओं का सर्वथा त्याग भी नहीं करना चाहिए। अपने कमाये हुए धन का धीरे-धीरे उपभोग करना चाहिये
You should not desire too much, at the same time you should not give up your desires altogether. You should steadily enjoy self-earned wealth in moderation.
Once you enter into golden age after retirement, your financial success depends on how you manage the accumulated money.
Spend Money, Don’t Save It
You have spent your whole life working and saving money — paying off your loans and putting some away for retirement. Many people after retirement have the following worries:
- Rising medical costs
- Decreasing fixed income interest rates
- I have not built enough corpus My corpus will end some day
And these worries are real. So to make your golden age life beautiful and worry free, you need to plan your finances carefully.
There are two approaches to manage your retirement money :
1. Conservative approach – Everything in fixed income.
2. Aggressive approach – Everything in equity
BUT both the approaches are risky. First approach “Everything in Fixed Income” is risky because it will not help you to generate inflation adjusted returns, hence not long lasting Second approach “ everything in equity” is also risky because you will be withdrawing money regularly from your portfolio and during market corrections, your corpus can deplete quickly.
So what is the solution?
Here, we present time tested scientific capital consumption approach coupled with bucketing strategy. It considers perfect blend of equity and fixed income for you as per your risk tolerance and investment period.
This planning helps you get best of both the worlds. i.e. you get regular inflation adjusted income and also your corpus will be long lasting.
Benefits of Golden Age Financial Blueprint :
- Predictable retirement income
- Inflation adjusted cash flow
- You will never run out of money in retirement
- You will pass on sizable wealth to next generation