Probably a completely alien concept to the Indian people untill the influence came in from the west ?
Why do we need Retirement Planning?
Does it really help for one to save while earning today & then dig out from the kitty after attaining a certain age? ?
In my thought…. WE DON’T NEED IT
RETIREMENT CONCEPT IS AN ILLUSION
But, What we need for sure is….
INCOME FLOW PLANNING / CASH FLOW PLANNING
This has to happen / can happen at any stage – at age 25, 30, 35, 40, 50, 60, 70, 80 or 100 yrs ?
What we see today in the west is the burden of Retirement Social Security, which is hitting them hard on the head. It’s going to go bust one day for sure.
We only need Cash / Income Flow Planning
Tonnes & tonnes of material on Retirement Planning…. WE DON’T NEED IT
Focus on Cash / Income Flow Planning
Let’s replace Retirement Planning with ” CIOF Planning ” (cash inflow outflow) … This is my thought ??