Retirement planning need a lot of money investment and you need to have a certain plan for the better returns so that you can have peace of mind and relax in the remaining part of the life. The way that you how to invest money for the sake of the retirement is completely change from 2007 onwards. That is the point where the financial markets of the entire world has started behaving differently and the economic great growth bobble has start blowing off. Because of this kind of the change in the world that the returns of the money and Finance the old plans for the retirement are not going to work and we need to have a fresh strategy for investment. In this post letters look out the problems that you are going to face in the present day scenarios therefore they can think about solutions.
Because of the tightening of the money in the entire world it becomes practically difficult to get even a single loan without having a perfect proof that you are having a way to pay it back. You are no more living in a world where inflation is not at all a serious issue and you need not bother about it. In the present day in many countries inflation is having a double-digit figure and the cost of the regular items in a wisely stays keep on increasing. As a result the value of your money will be obviously decreasing and you need to invest in better tools for the sake of better returns.
The days of money invested almshouses rising forever is no more existing. The property bubble has already blown off and it is becoming quite easy to buy a home somewhere in a big country where the banks itself are in a very serious troubled state and would like to sell of the properties that they have acquired because of non-payment of the monthly bills by the people. In the countries like USA the government itself is required many of these properties from the banks and in return they how paid some money for them and therefore the banks can withstand the financial jerks that they are facing because of the property meltdown. As a result there is a lot of property that is available which is not having the people to buy a and there is no takers for it. As a consequence of all these things the property is no more very hot and the good old days of property rise in 20 and 30 times are already over.
Because the governments themselves in troubled state in many countries the Social Security another guaranteed pension are no more very serious reliable options for you and you need to make your own arrangements for the sake of happy future. Need to have a self independence and it is practically difficult when you are having a job, a family and of course a mortgage. But you have no option other than taking care yourself and start planning for your retirement without which you cannot be happy in the future.
In the previous days getting a house loan is quite simple and just having a sort of proof that you are cleaning is sufficient to get a loan. The banks is simply not bothered about the EMI that you how to pay and the salary that you are getting. There simply in a sort of belief that the value of the house is going to rise and hence you can just refinanced it and able to pay it back. Because of the financial meltdown this scenario is no more existing and hence getting a house loan is not as simple as it was in the previous case.This has lead to a serious problem that your biggest investment that you felt and who is supposed to have the highest value for the lifetime have simply melts down to a very small value and is giving you sleepless nights.
The another bubble that was broken down is nothing but the stock market. After the meltdown of the stock markets all over the world after 2007 people has actually lost confidence over the stock markets investments. Because of the serious meltdown by almost 50% even the long-term investments have lost their personal value and giving you sleepless nights.Because of this kind of the tough time, the money inflow into the stock market has slowed down and in fact lot of money has done out of the stock market into the safe investments like securities and bonds. This has further worsen the state of the stock markets and it is definitely going to stay there because of the financial order that the present world has for many coming years.
The feeling of financial insecurity is there then everyone mind and not even rich people are an exception from this.is in many of the cases because of the sliding down of the stock market of the real estate the actual worth has reduced more than 50% and hence they are in trouble. The middle class and about this people are not aware exceptional from this financial bubble and everyone is facing the heat.
Because of the bad performance of the big companies their contribution for the employment safety and security for the people who is working with them is no more to be priority for the business people. There are unable to contribute for the retirement benefits and pension plans and hence the security of each one is at stake.
In spite of this many changes that were happen in real life,it is practically not that much easy for us to change our habits and the way that we spend. We don't know the exact way of saving the money for the future and we are just following the wisdom that is being given to us by our parents and grandparents. This strategy is that we how followed in the previous days are not going to in the present day and you need to change and work and think in a fresh way. Changing the way that we invest money and spend money is not that much easy but you need to change psychologically and actual yourself with respect to the changing world.
The other problem that we face right now is getting credit is very tough in the present days.because of the tough time that the banks are facing and the credit crunch that they themselves have that having severe restrictions to a lot of loan. Many rules has to be followed and you need to have a very good credit score and a beautiful credit report to get an approval for a loan. Even the credit card companies are very careful and playing it safely. Hence have a double credit and the possible case of US of credit is reducing very quickly and seriously and that is not an option that you can depend on the future.
Because of the tightness that the governments have in terms of the money the possibility of the taxation is going to go highly and you need to be further unhappy because of the inflation costs.and the further post we are going to discuss the waste to invest money as a part of retirement planning which can withstand the problems of the present day world.
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