An Asian Movie Makes Me Think About Retirement Planning Calculators!

By Author: EnTrusted in
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No one can deny from the fact that old age is the time, when we people will be forced to love isolation and like an old newspapers, unused wooden stairs, broken chairs and dusty photo albums, our beloved one will chuck us in a dark store room or a basement. It is bitter truth of today’s society that we people have made every relation a give and take and when we gets old, devoid of money, no one prefers to hold our trembling hands. At this time, if anything can be ones guiding light, that is only a practical and wise choice made by him of consulting a retirement planning calculator. This article is a reconstruction of a conversation, which I listened at Chicago Airport, between an English Man and a Romanian Man.

Romanian Man to English Man: What are you up to; old man (though he was not that old, seems to be in his late 35’s)? What brings you at airport this early?

English Man to Romanian Man: You damn Methuselah (Romanian man was in his early 30’s), good to see you. Well, I was going to see my Retirement planner in Kansas City.

Romanian Man to English Man: Are you wacko, retirement planning, at ...
... this age? Cannot you bank upon your 3 sons?

English Man to Romanian Man: I am not nerd dude, its just I am wise enough and I believe though my sons are my proud possessions, but it is good to be independent and not to rely on anyone else. You know I am a big Asian movie lover and some how this movie makes me think about checking with retirement planning calculators .

Last weekend, I watched an Indian Movie, “Baghbaan - the Gardener”, in which, the main lead actor spends every penny he earns on the betterment of his four sons. His wife used to ask him, to save something for old age and his instant reply that he mutters is, “my sons are my old age investment.”

Finally, the day comes, when all his four sons got married and this old man is left alone in the merciless world. Their four dumb sons refuse to accommodate their parents on account of their economic conditions. Later on, this old man, writes a bestseller book and become rich again, and those losers again try to take a bite from the pie.

Romanian Man to English Man: that’s truth mate, even I feared the same sometime. So, did you had a word with this planner and what did he told you?

English Man to Romanian Man: yeah, had a word with him, he told me that it is not easy to arrive on a figure that you need by the time you get greys. This amount is calculated on the basis of your life expectancy, right time to retire, annual rate of return from savings or investments (IRA, Roth IRA, social security), inflation rate and many other things. Not an easy thing to do by self. Therefore, you must act now, the early you start, the more you will be saving.

To know more about these retirement planning calculators , refer http://www.entrustedin.com/