E-book: Post-retirement income generation strategies

Published: May 29, 2016 at 8:26 am

Last Updated on

Here is a compilation of past posts on how and when to generate inflation protected income with a lump sum for financial independence. This e-book can be used by early retirees, senior citizens and young earners who are trying to optimise income for their parents  from their retirement benefits.

This is the fourth such compilation.

Post-retirement planning is a unique and fascinating  genre in personal finance. I was introduced to it when  Subra wrote a fascinating comment to an article in young Jagoinvestor.

Subra basically said, ‘those who do not know how to manage their post-retirement income should not DIY while accumulating the necessary corpus’. The comment was replete with jargon associated with income management. I have it saved somewhere in my old computer but could not retrieve it for this post. Thankfully, Subra has done a full article on this: Financial planning is simple!

There are many things he says in this post that needs to be done. I would like to believe that in the last four years, I have done at least some of it, often in consultation with Subra.

This e-book is a compilation of this effort. cover

The first three posts discuss traditional ways of managing a corpus.

1 How Annuity Plans Work

2 Investment options for senior citizens

3 Low interest rate regime: investment options for senior citizens

The fourth, asks the most important question.

4 When should senior citizens purchase an annuity?

If your corpus does not pass the test mention in this post, the rest of the e-book maybe of little relevance to you. You can then consider options mentioned in post 1,2 and 3.

Hate ads but would like to support the site? Subscribe to our ad-free newsletter and get beautifully formatted full articles delivered to your inbox!

The fifth post presents a way to answer four retirement planning questions.

5 Four Simple Retirement Planning Tools

The remainder of the e-book deals with the active management of a retirement corpus

6 Generating an inflation-protected income with a lump sum

7 Income Ladder Calculator

8 Inflation-protected Income Simulator

9 Illustration: Passive Income Generation

10 Illustration: Generating inflation-protected post-retirement income

Download the E-book: Post-retirement income generation strategies

 

A related post which I choose to leave out of this compilation is the The Retirement “Bucket Strategy” Simulator

Do share if you found this useful
Hate ads but would like to support the site? Subscribe to our ad-free newsletter and get beautifully formatted full articles delivered to your inbox!

About the Author

Pattabiraman editor freefincalM. Pattabiraman(PhD) is the founder, managing editor and primary author of freefincal. He is an associate professor at the Indian Institute of Technology, Madras. since Aug 2006. Connect with him via Twitter or Linkedin Pattabiraman has co-authored two print-books, You can be rich too with goal-based investing (CNBC TV18) and Gamechanger and seven other free e-books on various topics of money management. He is a patron and co-founder of “Fee-only India” an organisation to promote unbiased, commission-free investment advice.
He conducts free money management sessions for corporates and associations on the basis of money management. Previous engagements include World Bank, RBI, BHEL, Asian Paints, Cognizant, Madras Atomic Power Station, Honeywell, Tamil Nadu Investors Association. For speaking engagements write to pattu [at] freefincal [dot] com

About freefincal & its content policy

Freefincal is a News Media Organization dedicated to providing original analysis, reports, reviews and insights on developments in mutual funds, stocks, investing, retirement and personal finance. We do so without conflict of interest and bias. We operate in a non-profit manner. All revenue is used only for expenses and for the future growth of the site. Follow us on Google News
Freefincal serves more than one million readers a year (2.5 million page views) with articles based only on factual information and detailed analysis by its authors. All statements made will be verified from credible and knowledgeable sources before publication. Freefincal does not publish any kind of paid articles, promotions or PR, satire or opinions without data. All opinions presented will only be inferences backed by verifiable, reproducible evidence/data. Contact information: letters {at} freefincal {dot} com (sponsored posts or paid collaborations will not be entertained)

Connect with us on social media

Our Publications


You Can Be Rich Too with Goal-Based Investing

You can be rich too with goal based investingThis book is meant to help you ask the right questions, seek the right answers and since it comes with nine online calculators, you can also create custom solutions for your lifestyle! Get it now. It is also available in Kindle format.
   

Gamechanger: Forget Startups, Join Corporate & Still Live the Rich Life You Want

Gamechanger: Forget Start-ups, Join Corporate and Still Live the Rich Life you wantThis book is meant for young earners to get their basics right from day one! It will also help you travel to exotic places at low cost! Get it or gift it to a young earner

Your Ultimate Guide to Travel

Travel-Training-Kit-Cover-new

This is a deep dive analysis into vacation planning, finding cheap flights, budget accommodation, what to do when traveling, how traveling slowly is better financially and psychologically with links to the web pages and hand-holding at every step. Get the pdf for Rs 199 (instant download)  

Free Apps for your Android Phone

Comment Policy

Your thoughts are the driving force behind our work. We welcome criticism and differing opinions.Please do not include hyperlinks or email ids in the comment body. Such comments will be moderated and I reserve the right to delete the entire comment or remove the links before approving them.

3 Comments

  1. Hello Pattu , Is there any criteria to select UST Debt Fund like for Liquid and Short Term Fund you have spoken of lowest standard deviation , I am looking at investing in UST and rolling over for a period of 10 year keeping safety of capital has highest criteria , Thank You

  2. I tried to install financial retirement planner app from Google. Why shouk it seek permission to access my wi-fi detail for the same☹️

Leave a Reply

Your email address will not be published. Required fields are marked *