How to Invest Money After Retirement | Financial Planning | Merupula Madhu | SocialPost Vishnu скачать в хорошем качестве

How to Invest Money After Retirement | Financial Planning | Merupula Madhu | SocialPost Vishnu

Merupula Madhu delves into the often-overlooked realities of financial planning post-retirement. The video highlights a common scenario where family members, including children and in-laws, eye a retiree's lump sum payment, leading to immense pressure on the individual. Key Takeaways & Warnings: • Avoid Gifting Your Retirement Fund: It is strongly advised not to hand over your retirement funds to children, daughters-in-law, or sons-in-law, as this often leads to financial dependency and hardship for the retirees themselves. Stories of individuals depleting their life savings for family expenses, like weddings or property gifts, are shared as cautionary tales. • Prioritize Your Needs: Before considering any gifts or large expenses, retirees must first focus on their own needs and create a sustainable pension income for themselves. You earned this money through 30-40 years of hard work, and it's meant to support your life post-retirement. • Maintain Financial Independence: Giving away your funds can lead to a loss of respect and force you to beg for money for basic needs like medication, creating unnecessary family conflict. Maintaining liquidity and control over your money ensures respect and peace of mind. • Secure Health Insurance: A critical aspect of retirement planning is securing comprehensive health insurance (e.g., £50 lakhs coverage for a couple). Without it, significant medical expenses can quickly deplete savings, and family members may be unwilling or unable to bear the costs. Recommended Investment Avenues for Retirees (Age 60+): At 60, the capacity for market risk is low, making safety, security, transparency, and reasonable returns paramount. • Fixed Deposits (FDs): While perceived as safe, FDs typically offer around 7% interest for senior citizens, but interest rates have historically declined (by approximately 3% every 10 years). They are also subject to taxes, and the capital does not grow, which is problematic as your expenses (especially health-related) will increase over time. • Postal Deposits: These offer slightly higher interest (8.1-8.2%) but are also taxed, and the capital does not appreciate. Only the interest can be withdrawn. • Balanced Advantage Funds / Hybrid Equity Funds: These are highly recommended. ◦ They are low-risk mutual funds that dynamically shift between debt and equity based on market conditions, protecting your capital during volatility and growing it during favorable periods. ◦ Historically, investments in these funds have shown significant growth (e.g., £15 lakhs growing to £75-80 lakhs over 15-20 years). ◦ They allow for a Systematic Withdrawal Plan (SWP), providing a regular income that can be increased annually (e.g., starting with £50,000 per month and gradually increasing to £55,000, then £60,000-£70,000) as your capital appreciates. ◦ Aim for an expected return of around 10% from these funds. This allows for a comfortable monthly withdrawal while also enabling annual withdrawals for specific needs, such as supporting children, without depleting your core capital. ◦ This strategy ensures your money continues to earn money, providing both regular income and a growing corpus for unforeseen needs. Crucial Advice: • Consult an Experienced Financial Advisor: Do not attempt to experiment with investments on your own. Seek guidance from an experienced financial advisor to discuss your retirement kit, needs, and family responsibilities. #SocialPostVishnu #retirementsavings #merupulamadhu #retirementplanning #financialplanning #anchorvishnu #finance #investingtips #socialpost #socialpostfinance #socialpostdigitalmedia How to Invest Money After Retirement | Financial Planning | Merupula Madhu | SocialPost Vishnu -- #Finance #Investing #MoneyTips #SocialPostFinance #Socialpost Welcome to SocialPost Finance – your trusted source for smart financial tips, market insights, and strategies to manage and grow your money. Stay informed, make smarter decisions, and achieve financial freedom. Subscribe for weekly videos on personal finance, investing, budgeting, and economic trends. Contact us for any promotions and Collaborations : Phone: +91 8977758282 Email: sales@socialpostdigital.com 🔔 Disclaimer:- The information provided in this video is for educational and informational purposes only. Socialpost Finance is not a SEBI-registered financial advisor. All investment decisions should be made based on your own research or after consulting with a certified financial advisor. The views expressed by guests and experts in this video are their personal opinions and do not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. 📌 Invest wisely and at your own risk.