The document outlines a comprehensive retirement planning process aimed at maintaining desired lifestyle post-retirement, highlighting the importance of setting goals, assessing financial positions, and identifying income sources. It emphasizes the increasing costs of living, rising medical expenses, and the need for capital security, while detailing steps to calculate retirement income needs and investment strategies, including the National Pension Scheme (NPS). Ultimately, it underscores the critical role of retirement planning in ensuring financial security and adaptability for unforeseen circumstances.

1. RETIREMENT PLANNING
Plan your retirement, maintain your lifestyle

2.  The process of determining retirement income goals
and the actions and decisions necessary to achieve
those goals.
RETIREMENT PLANNING

3. COMMAN MAN AT THE TIME OF RETIREMENT

4. COMMAN MAN AT THE TIME OF RETIREMENT
ASSETS 1 Residential House Property - For Own Living
Asset 2 Another House Property - Let Out
(Fetching Some Minimal Amount of Rent that he Can’t Sell as its only the incoming source of investment)
Asset 3 One more House Property ( - Let Out ( Same conditions as mentioned above)
Asset 4 Fixed Deposit in Bank - 70 % of investable surplus will be in Fixed Deposit
Asset 5 Retirement Benefits PF, Gratuity and other retirement benefits

5. Now the Real worry…
1. Increased inflated cost of living
2. Rising Medical Expenses
3. Shortage of Liquid Funds to maintain the pre retirement inflow
4. Want security of Capital as Risk Appetite is very low

6. Why Plan For Retirement?
• Uncertainty of Social
Security and Pension
Benefits
• Unforeseen Medical
Expenses
• Estate Planning
• The Flexibility to Deal
With Changes

7. STEP 1. SETTING YOUR RETIREMENT GOALS
STEP 2. ASSESSING YOUR CURRENT FINANCIAL POSITION
STEP 3. IDENTIFYING RETIREMENT INCOME SOURCES
STEP 4 CALCULATE THE GAP
STEP 5. INVESTING YOUR RETIREMENT ASSETS
STEP 6. MANAGING YOUR RETIREMENT INCOME
STEP 7. MONITORING YOUR RETIREMENT ASSETS
PROCESS

8.  Decide the age at which you want to retire.
 Decide the annual income you'll need for your
retirement years.
 Add up the current market value of all your savings
and investments.
 Determine a realistic annualized rate of return (net
of inflation) on your investments.
 If you have a company pension plan, obtain an
estimate of its value from your plan provider.
 Calculate the gap , how much amount more
required to fulfill my goal
How Much Will I Need?

9. Pre Retirement – Accumulation Phase

10. Debt
Equity
Contingency
Alternate
Chart Title
Post Retirement – Distribution Phase

11. Where will my money come from
Employment
income
Current
savings
Other
sources

12. Building A Nest Egg

13. Saving
Govt.
Sponsored
vehicles
NPS
OTHER
SOURCES
Pension
plans
Building A Nest Egg

14.  launched by Government of India
Regulated by : The Pension Fund Regulatory and
Development Authority (PFRDA)
Fund managed by professional Pension Fund Managers&
Central Recordkeeping Agency ( PFMs & CRA)
National Pension Scheme

15. NPS
Tier –I account
Not premature
Withdrawal
Tier –II account
Withdrawal

16.  E Class Invest in equity market instruments
 G Class Invest in Govt Securities
 C Class invest in fixed income securities
Investment options In NPS

17. Class Till the age 35 year At age 55 year
E 50% 10%
G 30% 10%
C 20% 80%
Asset Allocation

18.  Retirement planning helps you maintain your
desired lifestyle during old age
 It provides financial security to you and your
dependents
 cover for any contingencies arising from uncertain
events.
BENEFITS OF RETIREMENT PLANNING

19. CONCLUSION