What will happen tomorrow?

In the world of today, we seek an answer to the question, " What will happen tomorrow? " and so we contemplate the future. Especially, retirement, that period after our working years, presents itself as a formidable challenge, vast as an ocean. Our duty today is to consider whether we need a boat or a ship to cross that ocean.

Physical assets like houses, land, and gold might have been symbols of pride in a bygone era. However, when we look at the issues they face today, we must realize that they can even turn into a burden.

 My dear Friends! Do you know how many complications arise when you have to live off the money from selling a property or receiving income  after retirement, or even while selling it?

👉🏽. The Colossal Form of the Succession Dispute:

In a family, the word 'property' has the danger of becoming a dagger that severs the bonds of affection. If family members object, saying, " _This is our ancestor's property, do not sell it,_ " it will not only destroy the house but also family relationships. But, financial assets, such as money in a bank account, shares, and bonds, are under the control of an individual, and thus there is no room for such complications.

👉🏽. The Tears of Emotional Attachment: 

When an elderly person sells a house to which they are emotionally attached—a house where they were born and where they grew up—their heart might ache with a heavy burden and their eyes might well up with tears. But, financial assets do not mix with emotions. They can be handled as needed, whenever needed.

👉🏽. The Shadow of Social Humiliation:

When an elderly person sells a house or land, society might begin to whisper, "They are in trouble," or "Their children have abandoned them." What greater punishment could there be for a person than this social humiliation? But, the existence or non-existence of financial assets is not known to anyone. Therefore, we can escape this humiliation.

👉🏽. The Boon of Lifelong Income:

The fear that the money from selling a house might dwindle away over time haunts the minds of the elderly like a thorn. But, financial assets like the plans of LIC and pension schemes, continue to provide a fixed amount of money every month. This ensures financial security until one's last breath.

👉🏽. Avoiding the Trap of Deception:

It is not an easy task to know the true value of a house. This might lead to being deceived by middlemen and forced to sell it at a very low price. But, financial assets and LIC plans are transparent, so the value of pension schemes and bonds can be easily ascertained.

Therefore, when we plan for retirement, investing in financial assets—which are easy to handle, provide a continuous income, and avoid emotional complications—instead of physical assets, is the greatest benefit we can bestow upon ourselves for the future. With this in mind, make your retirement a joyful one.

For a scientific calculation of how much money you need for a peaceful retirement, contact immediately:

Mr. Dhamodharan K,

Chief Financial Planner,

+91 7358210672