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Sir thank you so much. Annuity insights are very useful. Some benefits i noticed are 1. If am in old age home and suffering from dimentia still my monthly bills will be paid. 2. In old age chances of getting cheated are high. Annuities will protect us. 3. Children can't emotionally blackmail and take away money etc
Sir...Thankyou for the insight on annuity plans
Am 63 and can't live long as no body is to take me to hospital in emergency and take care of me.
Never too late to make some new friends/family. Don't resign. Probably half your age but that's my thoughts.
My mother is 60 and idk how many more weeks or months or years she is gonna live because she has cancer which has spread everywhere and each month we have to spend 3L going forward to keep her alive because we have no insurance. Do not have generational wealth as well. So, just live with bare minimum investments for the next 20 years after your mid 60s.
Thank you Sir
I think that would be a very good problem to worry about. As I am planning to retain my equity exposure, i.e., 90%, even after my retirement, as the interest income from my emergency fund will be sufficient to support my monthly expenses. Therefore, by the year 115, perhaps if compounded at the current rate, the investment amount would be in the north of 1 lakh crores.😮