This presentation aims to educate viewers on the process and importance of retirement planning.

1. 1 Why, How and When to plan for retirement? www.moneycaresolutions.in

2. 2 Why, How & When to plan for retirement? What’s ahead… or www.moneycaresolutions.in

3. 3 Why, How & When to plan for retirement? Is retirement… a beginning… an end? ? ? or The big question… www.moneycaresolutions.in

4. 4 Why, How & When to plan for retirement? Yes, retirement is the beginning of a new life… Not an end. www.moneycaresolutions.in

5. 5 Why, How & When to plan for retirement? Life so far… hard work, tension and sacrifice. www.moneycaresolutions.in

6. 6 Why, How & When to plan for retirement? But retirement… time to enjoy a peaceful and happy life, without any worries, including money. www.moneycaresolutions.in

7. 7 Why, How & When to plan for retirement? But, will such a life come automatically?... No, you need to plan and achieve. www.moneycaresolutions.in

8. 8 Why, How & When to plan for retirement? Why plan for retirement? www.moneycaresolutions.in

9. 9 Why, How & When to plan for retirement? Why? On retirement, your regular income may stop. But expenses continue. www.moneycaresolutions.in

10. 10 Why, How & When to plan for retirement? Why? You need enough funds to spend for rest of your life, without worries. www.moneycaresolutions.in

11. 11 Why, How & When to plan for retirement? Why? Support of joint family not available any more. www.moneycaresolutions.in

12. 12 Why, How & When to plan for retirement? Why? Increasing life expectancy… You may live longer. So you need more money. www.moneycaresolutions.in

13. 13 Why, How & When to plan for retirement? Why? Increasing cost of living. Your expenses will keep going up... www.moneycaresolutions.in

14. 14 Why, How & When to plan for retirement? www.moneycaresolutions.in

15. Why? Why, How & When to plan for retirement? Value of money keeps diminishing all the time. 15 www.moneycaresolutions.in 15

16. 16 Why, How & When to plan for retirement? www.moneycaresolutions.in

17. 17 Why, How & When to plan for retirement? Why? Imagine life…if you run out of money at old age, when it is not possible to earn any more. www.moneycaresolutions.in

18. 18 Why, How & When to plan for retirement? Why? You expect dignity and respect in old age. www.moneycaresolutions.in

19. 19 Why, How & When to plan for retirement? How to plan for retirement? www.moneycaresolutions.in

20. 20 Why, How & When to plan for retirement? How? www.moneycaresolutions.in

21. 21 Why, How & When to plan for retirement? How? www.moneycaresolutions.in

22. 22 Why, How & When to plan for retirement? How? Important considerations while planning for retirement… www.moneycaresolutions.in

23. 23 Why, How & When to plan for retirement? How? Possible sources of income during retirement… www.moneycaresolutions.in

24. 24 Why, How & When to plan for retirement? How? Possible expenses during retirement… www.moneycaresolutions.in

25. 25 Why, How & When to plan for retirement? The two phases of retirement… Regular Investments during working life build up retirement fund . Accumulation Phase Retirement Fund Retirement Fund Consumption Phase Regular withdrawals made from the fund after retirement. www.moneycaresolutions.in

26. 26 Why, How & When to plan for retirement? How? www.moneycaresolutions.in

27. 27 Why, How & When to plan for retirement? How? How to plan the accumulation phase of retirement… www.moneycaresolutions.in

28. 28 Why, How & When to plan for retirement? How? Options to build retirement capital… www.moneycaresolutions.in

29. 29 Why, How & When to plan for retirement? How? How to plan the consumption phase of retirement… www.moneycaresolutions.in

30. 30 Why, How & When to plan for retirement? How? Options to consume retirement capital… www.moneycaresolutions.in

31. 31 Why, How & When to plan for retirement? How? Most important consideration in retirement planning… Real return. www.moneycaresolutions.in

32. 32 Why, How & When to plan for retirement? How? COMPUTING REAL RETURNS Negative real return destroys wealth, positive real return creates wealth www.moneycaresolutions.in

33. 33 Why, How & When to plan for retirement? How? COMPUTING REAL RETURNS… GIVE IT A TRY? www.moneycaresolutions.in

34. 34 Why, How & When to plan for retirement? How? COMPUTING REAL RETURNS… GIVE IT A TRY? www.moneycaresolutions.in

35. 35 Why, How & When to plan for retirement? How? Positive real return (+2%) Negative real return (-2%) www.moneycaresolutions.in

36. 36 Why, How & When to plan for retirement? How? www.moneycaresolutions.in

37. 37 Why, How & When to plan for retirement? How? You may be running hard, but only on a treadmill! www.moneycaresolutions.in

38. 38 Why, How & When to plan for retirement? How? Need to replenish capital… Your capital gets eroded over time due to inflation and could get exhausted. Replenishment of capital . Retirement Fund Regular withdrawals made . You need to replenish your retirement fund by earning positive real return on your investment. www.moneycaresolutions.in

39. 39 Why, How & When to plan for retirement? When? When to start planning for retirement? www.moneycaresolutions.in

40. 40 Why, How & When to plan for retirement? When? Ideally, with your first income? www.moneycaresolutions.in

41. 41 Why, How & When to plan for retirement? When? But why so early? Retirement is so far away… www.moneycaresolutions.in

42. 42 Why, How & When to plan for retirement? When? Because, you can benefit from the magic of compounding… www.moneycaresolutions.in

43. 43 Why, How & When to plan for retirement? When? Have you heard this interesting story on compounding… King wants to reward the inventor of the chess game and asks him what he wants. The inventor asks for one grain of rice for the first box, two for the second, four for the third and so on. Grain count doubles every square. ? 1 2 4 8 Guess the value at 64th square… www.moneycaresolutions.in

44. 44 Why, How & When to plan for retirement? When? It is… 1,84,46,74,40,73,70,96,00,000 ? In figures, it is about Two lakh crore crores. @@@###????? 1 2 4 8 The King becomes bankrupt midway of the chess board and hands over his kingdom to the inventor!! www.moneycaresolutions.in

45. Why, How & When to plan for retirement? When? ? 1 2 4 8 45 www.moneycaresolutions.in 45

46. 46 Why, How & When to plan for retirement? When? The power of compounding. ? 1 2 4 8 www.moneycaresolutions.in

47. 47 Why, How & When to plan for retirement? When? ? 1 2 4 8 www.moneycaresolutions.in

48. Why, How & When to plan for retirement? When? ? 1 2 4 8 2/8/2011 10:23 AM 48 www.moneycaresolutions.in 48

49. Why, How & When to plan for retirement? When? ? Starting early enables you to take more risk… with potential for higher returns. 1 2 4 8 2/8/2011 10:23 AM 49 www.moneycaresolutions.in 49

50. Why, How & When to plan for retirement? When? ? Starting early reduces your burden. 1 2 4 8 2/8/2011 10:24 AM 50 www.moneycaresolutions.in 50

51. Why, How & When to plan for retirement? Reverse mortgage... The new option. ? 1 2 4 8 2/8/2011 10:24 AM 51 www.moneycaresolutions.in 51

53. You should be above 60 yrs and spouse above 55 yrs for a joint loan.

54. Option of regular or lump sum payment or line of credit or a combination.

55. The house should have been acquired and occupied by you.? 1 2 4 8 Contd… 2/8/2011 10:24 AM 52 www.moneycaresolutions.in 52

57. Eligible up to 70% of the house value.

58. Loan amount depends on value of house, age and prevailing interest rate

59. House to be revalued every 5 years.? 1 2 4 8 2/8/2011 10:24 AM 53 www.moneycaresolutions.in 53

61. Usually 20 years tenure. Some offer annuity for life.

62. Limited recourse. Your liability will not be more than the value of your house.

63. Use of funds for speculation or business not allowed.

64. Pre-payment of loan allowed at anytime without penalty.? 1 2 4 8 2/8/2011 10:24 AM 54 www.moneycaresolutions.in 54

65. Why, How & When to plan for retirement? Some common misconceptions about retirement planning… ? 1 2 4 8 2/8/2011 10:24 AM 55 www.moneycaresolutions.in 55

67. No, by starting early your burden is reduced and your task becomes easier.1 2 4 8 2/8/2011 10:24 AM 56 www.moneycaresolutions.in 56

69. I have other commitments before retirement…1 2 4 8 2/8/2011 10:24 AM 57 www.moneycaresolutions.in 57

71. Not enough. You need to ensure the pension plan will provide you sufficient pension.1 2 4 8 2/8/2011 10:24 AM 58 www.moneycaresolutions.in 58

73. I can always catch up later…1 2 4 8 2/8/2011 10:24 AM 59 www.moneycaresolutions.in 59

75. Take control. Leaving it to fate is not a wise decision.1 2 4 8 2/8/2011 10:24 AM 60 www.moneycaresolutions.in 60

77. Purchase adequate health insurance early in life.

78. Have joint accounts with spouse.

79. Clearly provide nominees for your investments.? 1 2 4 8 2/8/2011 10:24 AM 61 www.moneycaresolutions.in 61

80. 62 Why, How & When to plan for retirement? To conclude… By failing to plan… are you planning to fail? www.moneycaresolutions.in

81. 63 Why, How & When to plan for retirement? To conclude… Plan now for a happy and care free retirement. www.moneycaresolutions.in

82. 64 Why, How & When to plan for retirement? Or, is it?… www.moneycaresolutions.in

83. 65 Creating wealth Why, How & When to plan for retirement? Oh, sorry…  www.moneycaresolutions.in

84. 66 Creating wealth Why, How & When to plan for retirement? A new beginning… www.moneycaresolutions.in

85. 67 Why, How & When to plan for retirement? A quick recap… or www.moneycaresolutions.in

86. 68 Why, How & When to plan for retirement? Disclaimer The purpose of this presentation is only to educate the viewers and create awareness about the importance of retirement planning. This in no way may be construed as advice, consultation or a basis to decide or act whatsoever. Viewers are strongly advised to seek professional help before acting. www.moneycaresolutions.in

87. 69 Why, How & When to plan for retirement? Thank you! And wish you a happy and dignified retirement. But do remember me even then.  www.moneycaresolutions.in

88. 70 Why, How & When to plan for retirement? Created and issued in public interest by: V.Sreekant, B.E, MBA, CFPCM. CERTIFIED FINANCIAL PLANNERCM FREELANCE AUTHOR MoneyCare Solutions WE CARE FOR YOU More about Sreekant here. www.moneycaresolutions.in