Network18 Publications Retire Rich Invest RS 40 A Day (Hindi, Har...

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Retire Rich Invest Rs 40 A Day (Hindi) is a concise guide to financial planning for a relaxed and enjoyable post-retirement life. Summary Of The Book When a person has just started their career, and has entered the professional world as a fresh graduate who has landed a great job, retirement is a word that is not even in their vocabulary. Even after a few years on the job, planning for retirement is not something that they consider important. Retirement is a concept that seems years away, so there is all the time in the world to plan for it later. Except, nobody has all the time in the world. Retire Rich Invest Rs 40 A Day (Hindi) starts with a chapter on why planning for the golden years is so important. If a person starts early, they can make it easier on themselves, and they will be that much ahead of the game. By the time many others start a retirement plan, the early bird will already have built a good investment portfolio. The book explains the steps in building a good retirement plan, and provides details of many investment options. How much money is enough for a good life is actually subjective, but the author gives some general facts and figures and lets the reader calculate the optimal amount for themselves. This book stresses the importance of planning. It shows why with time on their side, by starting early, a person can build good financial security for the future on just Rs. 40 a day. The book also defines annuity and shows how to create good annuities for the later years. Retire Rich Invest Rs 40 A Day (Hindi) also discusses the Indian attitude towards retired life, the importance of making a will, and some mistakes made in retirement planning. It also explains the choices in the insurance plans for retirement. The book has a section at the end tabulating the amounts to save and invest, letting the readers calculate their own target amounts and plan for them. It also contains a number of case studies of retirement investment portfolios. About P. V. Subramanyam P. V. Subramanyam is a Chartered Accountant and a Financial Trainer. P. V. Subramanyam has around 20 years experience in the finance industry. He has trained people in the finance industry and financial journalists. He writes for financial websites like MoneyControl.com, and Rediff.com and for print magazines like Money Mantra and Money Today. He is part of a team of experts who write the Portfolio Doctor section in Money Today.