Retirement Planning....the way Ahead
A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life.” — Suze Orman
A CBSE workshop on ‘The basics of Smart Investments and Retirement Planning’ was organised in the premises of Delhi Public School,Jaipur on 23 April.The session was attended by a massive contingent of 93 educators from the host school and teachers from seven hub member schools.
The resource persons for the session were Ms. Kirti Sharma, Mr.Prateek Patni and his team from Max Life. The program aimed to equip educators with essential knowledge and tools to prepare them financially and emotionally for retirement. Ms.Kirti Sharma presented a comprehensive overview of the National Pension System through the online mode.
NPS (National Pension System) is a crucial retirement savings avenue offering market-linked returns. Its importance lies in providing financial security post-retirement. Through NPS, teachers can build a substantial corpus for their future, ensuring a comfortable lifestyle. The benefits at retirement include a regular pension stream and a lump sum withdrawal, providing financial independence and stability. The market-linked nature of NPS allows individuals to benefit from potential market growth, enhancing their retirement corpus. The session gave an insight about the long-term benefits of NPS, encouraging teachers to plan for their retirement systematically and secure their financial future.
Dr Richa Prakash , Principal, Delhi Public School, Jaipur extended heartfelt gratitude to
Mr. Prateek Patni and his team for the expertise and dedication in conducting such an insightful session. She
believed that the valuable insights gained from this workshop will empower the educators to make informed financial decisions and secure their post retirement life effectively.
The event fostered awareness about the importance of early retirement planning and encouraged proactive measures to secure a comfortable post-work life. It served as a valuable resource for teachers, empowering them to make informed decisions and navigate the transition into retirement with confidence.
