Just think about your past for a moment. 10 years back, did you have even a slight idea of how your life would have been today? We all are very bad at predicting how our lives will turn out to be in next 10 years or 20 years.
So, it’s tough to predict how good or bad the future will be.
This is one of the reason, why most people do not plan for retirement. They are not able to visualize how serious it is to plan for retirement and how tough it will get if they do not have enough when they retire. Most of the people who earn well right now never realize that one day the SMS on phone – “Your salary XXXX has been credited in your account” will permanently stop and they will be left with another 30 years to live.
Your health will not be at the best level and your kids may not be in the position to take care of you in the same way you imagine them to take care of you. They will be busy and struggling with their own life issues. There are various examples of successful people who died poor and struggled in their retirement life. If you do not have enough money in your retirement, you do not have power with you. People do not treat you well, and that’s the harsh reality of life.
Don’t be that!
This story is from the January 2018 edition of Investors India.
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This story is from the January 2018 edition of Investors India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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