Business week says – “The Wave of Retirees? Not so Big”
By Rajesh Setty on Thu 22 May 2008, 10:28 PM - 2 Comments
The article in Business Week (May 15) nicely demonstrates the state of affairs for the Baby Boomers. Here is the link to the article:
Business Week: The Wave of Retirees? Not So Big.
In my opinion, while the article focuses on Baby Boomers, this has far reaching impact on other parts of the economy.
Rather than thinking about this generally, why not think about your own situation.Here are a few questions to ponder upon
1. When do you plan to retire?
2. How much money should you have to make this dream a reality?
3. How much money should you earn this year to reach the goal outlined in #2?
Don’t stop shying away from the question even when you know that the answers may not be pretty.
Have a great Friday.
Related Articles:- Upbeat Blog Tour – First Wave
- Open Innovation – Citizen Journalism on TV
- Eating our own dog food…
- Ways to distinguish yourself – #13 Plan by outcomes
Posted in the Uncategorized category.
RSS
Vijay on May 25th, 2008
1. When do you plan to retire?
I should retire whenever I make 30 Crores. This is inflation adjusted. I set a target of 5 Crores in 2003 (inflation unadjusted)
2. How much money should you have to make this dream a reality?
See answer to Q.1
3. How much money should you earn this year to reach the goal outlined in #2?
How much you earn does not really matter. Where you invest and how much you invest matters!!