| Real Meaning of Retirement | | | | age pensions. Unfortunately these are no longer going |
| Most of the people are worried about retirement and | | | | to be enough to sustain retirement. They constantly |
| making ends meet afterwards. There are also | | | | get devalued by inflation. |
| innumerable advisors serving retirement related | | | | Retirement means not only stopping productive work |
| advice. | | | | but also consuming whatever one has accumulated |
| We hardly try to ponder on the real meaning of | | | | after working hard for a long time. The traditional |
| retirement. In ordinary parlance retirement means a | | | | sources of retirement income are not only dwindling |
| stage in the life of a person when he no longer thinks | | | | but also drying up. There has to be some permanent |
| of doing a productive or profitable work again. A | | | | solution to it. |
| retired person stops thinking beyond his retirement | | | | Stopping Work Means Death |
| and starts idling his days in oblivion in the process of | | | | If one stops work, how can one remain active? One |
| his final demise. | | | | is bound to become miserable and die an early death. |
| A person is supposed to retire and then to stop | | | | This is in addition to ending a productive and creative |
| working the way he used to be. The outcome is that | | | | life. There are only two outcomes of one's actions; |
| he ends up raising his grandchildren, taking them to | | | | either to go forwards or backwards. One cannot |
| school, attending senior meetings, living in senior | | | | stay neutral and at one place. That will mean sure |
| homes, roaming around shopping malls, coffee houses | | | | death. |
| and libraries. There can be no pathetic life than this. | | | | The Perfect Solution |
| Creation versus Consumption | | | | Why to retire? Is it necessary to retire and stop |
| On retirement, one is abruptly transformed into a | | | | working creatively for ever? One can see that there |
| consumption entity from a creative individual. It | | | | is nothing 100 per cent positive about retirement. |
| seems as if the work that one was performing was | | | | So the best thing is to continue to work till one has |
| truly a burden and one is now unchained and free | | | | the capacity and energy. Exceptions will be when a |
| from the burden that he had been carrying on for so | | | | person has become incapacitated and is no longer |
| long. | | | | able to carry on. |
| You might have been planning for a long time for this | | | | Unfortunately, most of the people do not enjoy |
| kind of a life and accumulating savings in order to | | | | what they are doing. If a person loves what he is |
| enjoy the fruits of your labor. But most retired | | | | doing, then that will be his pleasure and entertainment |
| persons find their retirement nests short of their | | | | throughout his life. There will be no need to retire. |
| needs. | | | | The first necessary condition is that one should love |
| There is a false notion that one's expenses will | | | | what one is doing. There should always be an effort |
| decrease after retirement. In fact in many cases | | | | to find a job which one likes so that it becomes |
| contrary is true. There are increased costs associated | | | | never necessary for him to quit. |
| with health care, need for caregivers, travel, leisure | | | | In fact one should never give up one's job. One |
| and entertainment and young children's education. | | | | should continue to remain a productive member of a |
| Traditional Sources of Retirement Income | | | | society. That way he will not have any fear of |
| The traditional sources of retirement income are | | | | depreciating retirement income, short life and a bitter |
| company benefits, social security benefits and old | | | | living. |