The only way to earn a living after retirement is to earn a living by saving your career savings.
Habit of Saving
Everyone says saving money for retirement from the first day of work. The argument is very simple. The only way to earn a living after retirement is to earn a living by working out savings. And how much money can be a little relief? The figure that can be heard of him has to be kept in check as well as the issue of inflation. In the aftermath of retirement you have to keep in mind the potential hospital expenses, health insurance premiums and many other problems.
But after retirement? After retirement, this number will no longer be needed? Will inflation be lost from life? Or health insurance premium will not increase?
According to various studies, in the next few years, one of the biggest problems in our country is going to be helpless old age! Now the problem is more with those who are in their sixties or have just passed sixty and have not done government service. Because those who have retired from government service are not dependent on savings for income as the months go by. And even during their illness, the government is the only hope. But the problem is with those whose retirement allowance is not guaranteed!
Keep in mind to say your income after retirement but that interest. And in case of danger, we have to give our hand to that savings. Income will decrease as savings decrease. Fear here. Everyone from the Commonwealth to the Reserve Bank is worried about this. According to the survey, a large part of the country will spend Rs 50 lakh to Rs 60 lakh on retirement.
If even six percent holds an average interest, then they will earn 3 lakh to 3 lakh 60 thousand rupees per year with interest for the whole year. If the interest is reduced, there is more problem! So, the survey says, a large portion of India’s senior citizens will soon be dependent.
The only way to survive in this case is to save a portion of the money that comes to hand after retirement. If you can increase the capital a little more in the next 10 years, then the income will also increase a little. Even if today’s earnings can be maintained in the coming days by at least surpassing inflation, it is still a lot. Isn’t it?
