Life after good
years of work is what we called retirement. This is the time we are not able to
work like we use to, for example, working as salary earner. Everybody dream is
to have a happy retirement life. To live good life after retirement depends on
how well you planned for it.
Retirement is what
a lot of people always expect to spend in joy, but when it is time for
retirement, a lot of people find life difficult during retirement. It is
important to plan your retirement very well before the time comes. Before the
retirement, you need to find something that will be the source of income to
support yourself during the retirement.
HOW TO PLAN FOR
RETIREMENT?
1.
Account for the money you are spending per annum
and use it to calculate what your expenses will be during your retirement.
Prepare for expenses on yourself and your health during retirement.
2.
Plan for retirement by saving money with pension
scheme institutions, buying bonds and shares.
3.
Invest your money into companies that does
business and are gaining.
4.
Invest in companies that are into exchange of
money.
5.
Find extra job to do apart from your real daily
job, to be able to increase your savings.
6.
Reduce
your spending, especially, you should buy things in bulk, like when you want to
buy food and other stuffs that you can buy in bulk.
7.
Write down your expenses and find ways to reduce
it so, that you can save more money.
8.
If you are not in your own house already, don’t
rent expensive house, look for a house that will cost you less.
I believe if you can try all the above
mentioned points out, you will be able to cut your expenses and save enough for
your retirement.
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