Financial Advice for a Peaceful Retirement— Plan in Advance – Professor Savings

Thanks! Share it with your friends!

Close

professorsavings.com (http://www.professorsavings.com) a simple way to learn finance on youtube.

Financial Advice for a Peaceful Retirement— Plan in Advance

Life after retirement is a time after years of hard work, innumerable pressures and responsibilities. It can be spent in peace only when people are financially secured and safe. This is the time when there is spare time to spend with the family and enjoy the joy of living. Financial security is the only aspect that can help people to enjoy old age.

It is essential for all individual to plan for their financial requirements before retirement age. This is the time when there is no income and one has to manage expenses from sources like pension or from savings or rent of the house… One has to plan the commitments in the fixed income.

Financial Advice for a Peaceful Retirement

• A budget should be prepared for the extra expenditure of visiting places after retirement and that amount should be calculated and kept aside from the savings. It is possible for some to earn this extra money by doing some odd jobs or working online.
• Life after retirement can call for some medical expenses as the health is not as good as in young age. Sometime ago parents are dependent on the children after retirement but now the trend now in most places the people want to live a life of their own after retirement.
• Financial advice for a peaceful retirement requires advice for estate planning, taxation planning, wealth distribution and lifestyle planning.
• The plans of saving for retirement should be started at an early age. But it is never late to think on the issue and start planning and saving.
• The main feature of retirement planning should consider inflation and unforeseen medical expenses.
• Most people are covered under the pension plan of companies. This contribution can be increased or anew retirement account can be opened. Proper financial advice should be taken from experts. Regarding the taxes and amount to be withdrawn.
• Sometimes it is found that there is not enough money for a peaceful retirement, still there are chances of being happy. The first thing now it to reduce expenses and begin saving. It is a hard choice to spend less and save more but is not impossible.
• The finances and lifestyle will mostly depend on the condition of one’s health. Hence health care by being active physically and socially is beneficial for retired persons to stay happy and enjoy life.

Tips for a happy retirement

o Plan for retirement from an early age
o Reduce expenses and save some amount for unforeseen expenditure.
o Keep yourself active and take care of your health Thanks for watching. Please help us grow.

Please “like” our video +

Subscribe (http://www.youtube.com/subscription_center?add_user=professorsavings)

Professor Savings Channel (http://www.youtube.com/professorsavings)

Connect with us

Google Plus:
(https://plus.google.com/b/111761695877231541096/111761695877231541096/posts)

Facebook: (https://www.facebook.com/pages/Professorsavings/150840195112270)

Twitter: (https://twitter.com/ProfessorSaving)

Google + :
(http://plus.google.com/b/111761695877231541096/111761695877231541096/posts)

Tumbler: (http://professorsavings.tumblr.com/)

Pinterest (http://pinterest.com/professorsaving/) KEYWORDS professor savings professor saving all stock videos shares tips videos finance 101 lecture personal business smart beginner dummies basic learn 2013 ETF walmart money card profit clicking american funds mortgage rates pay down mortgage dividend stocks buy shares stock stock shares isa buy shares house rent owner orchard bank online payment mortgage rates pay down chase online my accounts today coupon mom today gold rate wells fargo jpmorgan chase capital one bank of america express citibank citi bank visa books blogs business ecommerce internet internet-tools multimedia self-improvement video videos blogging blog finance life money online mobile learning free cheap money cash Other Finance Youtube Channels

eHow Finance Youtube Channel: http://www.youtube.com/user/ehowfinance

Bloomberg Youtube Channel: http://www.youtube.com/user/Bloombeg

Kiplinger Youtube Channel: http://www.youtube.com/user/kiplinger

CBS Money Watch: http://www.youtube.com/user/moneywach

Disclaimer: Professorsavings.com makes no representations as to accuracy, completeness, currentness, suitability, or validity of any information on this site and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis.

295 total views, 0 views today

Comments

ProfessorSavings: Daily Money Saving Videos says:

“How Plan in Advance Could Help You Win the Game of Thrones -

Joo Han Lee says:

Start early! I guess that’s the best advice especially for Peaceful
retirement. 

Wilson Li says:

Therefore, as the presenter’s saying, plan is important.

Marissa Seiler says:

start a Roth IRA early! 

Write a comment

*

CommentLuv badge