The time after sixty is not only full rest period but need certain care and management of health, fitness and finance. People particularly grope for managing financial part thereby uncaring health and fitness. And this leads to failed planning of the retired time. We usually make us blind in running behind earning avenues. We always must be careful about our lifestyle for our lines after sixty.
Now I am giving here few tips that are more general for everyone; who dream his life after sixty.
*Financial planning is one of the very important for peaceful and happy retired life. 40% of total earning must be saved for future. It is better to enhance this %age to 50%. Saving is more important than earning. It is the saving that makes difference in the financial management.
One must think all possible avenues for cost effectiveness. One great tip I am sharing with all that our home is a small industry and each industry needs its regular maintenance. Our house must be equipped with all frequently used maintenance tools. e.g. Pliers , Nose Pliers, Electric tester , test lamp , D-spanner from 8mm to 18mm , Medium pipe wrench, File, Hammer, Screw driver set, Potable electric drill machine etc. These tools save a lot of time and money in our life. Don't hesitate to invest in these tools. Practically these are the need of today's machinery life. Because there are numerous small jobs that cost much more if anybody is dependent on servicemen.
* We must plan for a house. But don't risk your bread and clothes by investing lavishly to your dream home. Many people get mislead after getting a big retirement money and emotionally ruin them.
* Saving must be continued after sixty to encounter inflation. And these are to be reinvested yearly for enhancing monthly income.
* lastly I would suggest that becoming or turning sixty (60) should be treated as an aim of life after starting professional carrier.