It's Vital to Plan for Retirement

1. Mount equity group tokyo Mount equity group japan Kamiyacho Trust Tower 4-1-1 Toranomon Minatoku Tokyo 105-6923 Japan +81 (368) 662-975 info@mountequitygroup.com It's Vital to Plan for Retirement. Retirement is perhaps one of the most crucial stages in most people's life. Because Retirement is perhaps one of the most crucial stages in most people's life. Because of its significance, it must be meticulously prepared for in order for the retiree of its significance, it must be meticulously prepared for in order for the retiree to be able to spend his golden years in peace and pleasure to be able to spend his golden years in peace and pleasure mount equity group mount equity group tokyo tokyo. To accomplish this, a portion of one's salary is set away or saved with the . To accomplish this, a portion of one's salary is set away or saved with the goal of achieving financial independence in retirement, making the need for goal of achieving financial independence in retirement, making the need for productive employment optional rat productive employment optional rather than obligatory. her than obligatory. It is not, however, as simple as it appears. For many people, whether employed or It is not, however, as simple as it appears. For many people, whether employed or self self- -employed, the aim of a comfortable retirement is an extraordinarily complex employed, the aim of a comfortable retirement is an extraordinarily complex and time and time- -consuming process that demands meticulous and focused preparat consuming process that demands meticulous and focused preparation as well ion as well as years of patience and perseverance. Surprisingly, the process of preparing and as years of patience and perseverance. Surprisingly, the process of preparing and maintaining one's retirement money does not cease with retirement. It's a long maintaining one's retirement money does not cease with retirement. It's a long- -term term commitment that extends well into the retiree's retirement years. commitment that extends well into the retiree's retirement years. Many people Many people try to design their own retirement plans, but only a small fraction try to design their own retirement plans, but only a small fraction succeed. The great majority attempt it, with disastrous results that force them to succeed. The great majority attempt it, with disastrous results that force them to live difficult, unhappy lives beset by financial difficulties. While it's important live difficult, unhappy lives beset by financial difficulties. While it's important to be involved in al to be involved in all aspects of your financial future planning, it's better to get l aspects of your financial future planning, it's better to get the help of a reputable and experienced financial adviser for retirement planning. the help of a reputable and experienced financial adviser for retirement planning. Regardless of one's social, economic, or educational background, this is true. Regardless of one's social, economic, or educational background, this is true.

2. When selecting a financial ad When selecting a financial adviser, it is critical that he be well viser, it is critical that he be well- -trained, trained, certified, and experienced in planning and preparing a solid retirement plan that certified, and experienced in planning and preparing a solid retirement plan that will secure your comfort. They will assist you in discussing your financial goals will secure your comfort. They will assist you in discussing your financial goals and answering a series of questions in order and answering a series of questions in order to identify the best plan for you. For to identify the best plan for you. For example, knowing how much money you'll need in retirement is critical. This will example, knowing how much money you'll need in retirement is critical. This will assist him get a better idea of the kind of life you want to have. Another assist him get a better idea of the kind of life you want to have. Another important consideration is the amount of money you should hav important consideration is the amount of money you should have saved by the time e saved by the time you retire, as well as how you should invest that money to increase your retirement you retire, as well as how you should invest that money to increase your retirement savings. The money you've saved for retirement might be invested to increase your savings. The money you've saved for retirement might be invested to increase your retirement income with the help of a skilled financial consultant retirement income with the help of a skilled financial consultant mount equity mount equity group japan group japan. Create a strategy and vision for your future, and work closely with . Create a strategy and vision for your future, and work closely with your financial adviser by supplying all bank statements, share certificates, your financial adviser by supplying all bank statements, share certificates, superannuation statements, and insurance po superannuation statements, and insurance policies so he can plan your retirement licies so he can plan your retirement with ease. with ease. It's also critical that you and your adviser have open and friendly lines of It's also critical that you and your adviser have open and friendly lines of contact so that any concerns that arise may be immediately resolved. It's also contact so that any concerns that arise may be immediately resolved. It's also crucial to communicate your expectations to your f crucial to communicate your expectations to your financial adviser so that your inancial adviser so that your retirement plan may be tailored to meet them. retirement plan may be tailored to meet them. Because the retirement plan is about you, be sure you fully comprehend what the Because the retirement plan is about you, be sure you fully comprehend what the adviser is preparing. If anything isn't clear, ask for clarifications and adviser is preparing. If anything isn't clear, ask for clarifications and explanations. It's your m explanations. It's your money, and you have every right to know how it's being oney, and you have every right to know how it's being invested. invested. Your financial adviser should also be able to advise you on how to reduce your tax Your financial adviser should also be able to advise you on how to reduce your tax liability and which sort of life insurance is most appropriate for you. When one liability and which sort of life insurance is most appropriate for you. When one considers that old age considers that old age brings medical issues and a significant increase in brings medical issues and a significant increase in healthcare costs, this is critical. This may quickly jeopardise your desired healthcare costs, this is critical. This may quickly jeopardise your desired lifestyle, since medical costs may wipe out your funds, leaving you penniless. lifestyle, since medical costs may wipe out your funds, leaving you penniless. Medical insurance and long Medical insurance and long- -term care insurance a term care insurance are the greatest ways to protect re the greatest ways to protect yourself against such costs in order to avoid such a situation. yourself against such costs in order to avoid such a situation. Finally, he should be able to advise you on whether part Finally, he should be able to advise you on whether part- -time work is necessary to time work is necessary to supplement your retirement income. On the surface, these challenges appear t supplement your retirement income. On the surface, these challenges appear to be o be

3. simple enough to handle without the help of a financial advisor, but the fact is simple enough to handle without the help of a financial advisor, but the fact is that retirement funds should never be gambled with. It's important to realise that that retirement funds should never be gambled with. It's important to realise that medical care costs rise after retirement, especially if you're over 65, due to medical care costs rise after retirement, especially if you're over 65, due to ailments ailments related with ageing and the fact that your body is no longer capable of related with ageing and the fact that your body is no longer capable of working. working. To summarise, while it is feasible to handle retirement affairs on your own, you To summarise, while it is feasible to handle retirement affairs on your own, you should obtain professional counsel to ensure that all of your needs are met by should obtain professional counsel to ensure that all of your needs are met by someone who i someone who is familiar with the complexities of retirement planning. This is the s familiar with the complexities of retirement planning. This is the most secure method of travel. most secure method of travel.