Thursday, October 18, 2012

Best savings Investments Plans for Retiring and Working Professional Employees - Savings Investments Ideas


Here is latest Best Savings Investments Plans for Retiring and Working Professional Employees.

During the employment, we can invest our money in share stock market and popular savings and investment plans. Some persons may invest on land and purchases developing real estate properties or assets to earn long term.

During job, we can get salary every month into our saving accounts and divert the money to meet our expenses like children educations, home loans, and savings for marriage also for retirement life preplanned.

We will not depend as our career showing improvement graph. But we have to depend in retirement life. This is because banking institutes, financial institutes not lend money for retirement life. They lend money for working employees and professionals.

We have to put afford on savings investments for happy retirement life from now onwards in order to meet retirement life needs and expenses for health insurances, life insurances, bank deposits and for other expenses like children education, marriage, home loans etc.

It is better to start savings and investments from first job onwards. Because inflation, debts, loans, bills payments and regular and non-regular life needs are divert your money from savings deposits.

We have to wait until salary day. Until then we have to control our joy, happiness, life habits and other ones…If you are suffering every month like this, it is the best time to think yours coming life instead of non-retuned or non-turned life.

Be A Master Rider for Your Future Life:

Here are some my views on Become A Master Rider for Retirement Life.

Begin Early:

One day we asked our college faculty as “what is the best life stage in her life?”.

My college faculty returned her answer as “best life stage in her life is young age to elder age (22-45 years age)”.

I was motivated for her answer. Because we can earn money, we can be healthy, we can choose life partner, we can spend money from our pockets.

We can plan future life with insurance plans (health/life) and medical reimbursement plans, we can save a bulk amount (Lakhs to Crores) if you start our savings and investments in order to meet our retirement life need and expenses.

Read How to Become A Milliner (Millionaire).

Plan a target year (60 years or 65 years etc.), Start save money at 10% to 15% of annual growth. We can start savings at low amount if we begin savings as young as possible instead of 30 years plus. If you are planning to savings after 30 years age, you have to increase your investment for happy retirement life.

Invest Money According to Age and Career Growth also Life Stage:

A regular career growth can facilitate the best savings and investments for happy healthy retirement life.

At young age we can take high risk for our investment. Whereas we can’t put much afford on high risk investment during retirement life. This is because of “AGE” problem. 

Investor’s age is a major consideration for planning the investment plans and premium payments. 
Plan the best investment schemes and policies that are meeting your afford and future plans and which can give a up lift to your life from normal financial life.

Follow An Investment Portfolio:

High risk investment plans are like double edged ones. To say, we can earn profits and returns. In another hand, we might lose some amount due to many factors like share market up and down or share price or stock price fluctuations etc.

Before Savings and Investments, plan carefully your financial goal. After planning the financial goals (cumulative savings and investment amount, target age, time period etc.), we have identify all possible sources to develop your amount to wards planned financial goals.


Read How to Become A Milliner (Millionaire).
Here are some best savings and investment plans for Retiring Employees and for Working Employees.

Few Best Savings and Investment Plans
Product / Plan Name
Horizon
Return / Profit
Risk Range
Equity Mutual Fund
Medium to Long
High
High
Public Provident Fund (PPF)
Long
Low
Low
Provident Fund (PF)
Long
Low
Low
National Pension system (NPS)*
Long
Moderate
Moderate

* These are available under 3 options of Gift, Equity and Corporate Bonds.

We can find here always there is a risk for high returns and profits and less return are with less risk.

So we have to plan carefully our savings investment portfolio into many policies or schemes based on many factors like income sources, age, cumulative corpus, current savings, planning products like PF/PPF/FTP/MIP/NPS/Mutual Funds etc…

Planning the right investment portfolio and investing the money is the incomplete one. Because we have track the invested portfolio results at regular time. We have to find the good and top performing products or plans also to identify under performing plans and schemes or products in which we invested.

Tracking the results of savings and investment is helps us in many ways. We can modify our plans or we can invest more money to earn maximum results profits. Savings and Investments are very important as it can change the status of our current Financial Position scenario.

Be a financial independent even in retirement age by following the best principles of financial planning in this current inflation and crisis period with retiring career.

Read How to Become A Milliner (Millionaire).
Become a Best Own Financial Analyst with Savings Investments Tips. 

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