Friday, May 8, 2009

plan your day old

Today I want to invite you to imagine how you are going to day-to-day in the later period of retirement. How do you shape a house to live in of life later? Whether the home is quite simple in the environment rural areas far from city pollution? Or want a large home that can accommodate children and grandchildren and located in close relatives? How do the lifestyle you want? Do you want to spend the time to hobbies such as fishing, gardening, golf, and others? Or you like walking to overseas? Or you want to spend time together family, want to play with grandchildren, and grandchildren who are still small? However the life you want would be much better if you are self - financially. This means you have money enough to pay for life itself, does not depend to the child, or other parties. where is earnings which you can use to pay for the life you want later in old age? Assuming you already does not work anymore, so there is no revenue from the salary again. The only one that you can later andalkan is your old age savings. Savings that your save it's month in the youth, the aim is to be in the later retirement. For that you need a financial plan. Financial plan for old age. In this plan, how you calculate the cost that will be needed for life in the old days later, and multiplied by the inflation factor. After that you choose a product investment is in accordance with your personality. With the estimated size of the return of the investment, and how many years the time period that can be used to invest, you can estimate how many the amount of money that needs to be each month for later old age. Suppose now Tono was only 45 years old, and want pension at the age of 55 years. With an estimated life Tono want a future, Tono akan costs Rp. 3.000.000, - per month. With estimates inflation factor of 10% per year, at the age of 55 years Tono will later need the money of Rp. 7,781,227, -- per month. Tono live with estimates up to age 75 years, the total amount of money that is needed in the Tono parents throughout the day is 20 x 12 x Rp. 7,781,227, -- or Rp. 1867494480. This means that in 10 years, must invest Tono money to reach the amount of Rp. 1867494480, - so that can live in accordance with the lifestyle he wanted. To achieve this, Tono invest in mutual funds shares with an average 20% return per year. Now, with the financial calculator, Tono can take into account that the amount that will need to invest each month is Rp. 1238170, -. With money invested Rp. 1,238,170, - per month, then at the age of 55 years later can retire with Tono lifestyle of interest. The money invested in this later period will be equal to Rp. 7,781,227, - each month to pay for cost of living Tono. What about you, you? Are you financial plan is to retire later in the period. When has not been, flee your plan now. you can learn about how to create a plan financial books of guidelines to manage personal finances. financial plan experts always say that in financial planning, time is our friend. The fast we create a financial plan, so much time available to develop the value of our investment, until eventually the small price that we need to pay to implement plan. Head to plan your day old, starting from now!

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