Sunday, 2 September 2012
How to Maintain Lifestyle in Old Age?
How to Maintain Lifestyle in Old Age? - Live to be old and rich, of course, a dream of every person. However to realize all is not easy, and is directly proportional to the age at which at the same time, both the family staple or the need to maintain "the prestige" social increase. We are confronted with the choice to fulfill it all the time together, so it unconsciously, most of us forget to attempt to maintain and prepare the necessary requirements by the time we retire, to continue the pre-retirement lifestyle. Here is an illustration of the life cycle of a worker in general:
After entering the age of retirement, at least not needed 70-8 -% of income while working so that retirees can maintain his lifestyle as before entering retirement age.
A person who has retired, can get 80% of their income in Social Security mandatory savings. Personal savings (deposits at the Bank, Mutual Funds, Stocks, Gold Exchange) and pension programs. Some experience and research shows that such mandatory savings in Social Security will run a maximum of 5 years after funds are received when workers enter retirement age. If so how to set up other funds?
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