Non Financial Perspectives in Retirement Planning

Yes,

Financial aspects are pillars in Retirement Planning, but pillars alone do not create residential structure.

Creating an adequate Financial corpus that will last till last breaths ,not only of yourself, but also of surviving spouse

( please make a note ,you own responsibility for your surviving spouse also, do remember your promise to your spouse on day of marriage, a ritual of SAPTPADI,seven promises & it includes this as well)

is definitely THE CORNER STONE of Retirement Planning, but there are Non Financial aspects as well.

Available time in sunset years is Double edged sword, it can be turned into a Genuine asset or it may turn to be a Biggest liability.

All depends on planning & preparations for it.

Hopefully, these days, 25 to 30 years of life in sunset years is normal.

Foremost aspect is Health,

Life style in EARLY years of Retirement, initial 10 to 15 years, decide & define quality of your life in LATE years of retirement life.

Do maintain healthy life style in early years for sake of late years.Focus only on wellness of life, Forget the Rest.

Do consider about your support systems for late years of retired life, ranging from staying in proximity to your kids,or managing for care takers or personal assistance in day to day life,in late sunset years , or good Retirement homes, if need be.

One definitely needs support systems in late years, No Doubts about it!!!!!

Do not deny the reality.

Next is

TIME management, converting it into a Big Asset.

One needs to develop 3 circles for making it a big asset.

PERSONAL CIRCLE

PERSONNEL CIRCLE

PAY BACK CIRCLE

(PERSONAL CIRCLE-)

Identify activities that enrich your Intelligence Quotient, Emotional quotient & Spiritual quotient. It may be pursuing your hobbies or to concentrate on your skills in non professional or professional field in Non professional way with aims of deriving pleasures from whatever it may be. Pleasures must precede Monetary gains,

you have a Retirement corpus, you no longer need money,

You need new meaning of life-PURE PLEASURE

(PERSONNEL CIRCLE-)

Identify persons, in family, extended family, amongst like minded ones in your pursuit to enrich your intelligence, emotional & spiritual quotients.

Take relationships to new heights, again without any selfish motives but for PURE PLEASURE.

If need be, give more, take less to nurture it. Get out of GIVE & TAKE mindset.

(PAY BACK CIRCLE-)

Every human being can contribute to upliftment of society at large, in whatever big or small way one likes.

Find out what suits you well,

Explore it, Experience it & Execute it. Enjoy PURE PLEASURES of PAYING BACK.

Volunteer your services for better world.

If you succeed in developing these 3 circles nicely & efficiently,

TIME in Retirement Years is Big Boon & Asset.

Let Retirement Years be a FULL TIME long long long VACATION.

ALL the Best