We believe that retirement is the period of life when one is no longer working for money. He needs to fund his day-today expenses from his savings. Planning for the sunset years requires added importance because people over-estimate what they have and under-estimate how much they need post retirement. Retirement planning helps one maintain his/her pre-retirement lifestyle. If you follow SMILYS for retirement years, you keep smiling rest of your life.
If you follow SMILYS for retirement years, you keep smiling rest of your life.
S: Safety of capital
M: Medical Cover either through insurance or savings
I: Investments to beat Inflation
L: Liquidity of assets
Y: Yield (Regular income)
S: Succession Planning