The Journey To and Through Retirement

It’s a well-known fact that 60% of the world’s population lives in Asia. Although this information isn’t necessarily new or surprising to anyone, it’s still something that we’ve found interesting ways to look at in the past. For example, last week we showed you a data visualization using bubbles to represent the populations of every country in the world, and it really helped in putting these incredible demographics into perspective.

Submitted by Michael Snyder via The Economic Collapse blog,

OTTAWA — Paul Kershaw loves his 72-year-old mother and his 101-year-old grandmother. But they represent a growing challenge for the country, and Kershaw, 42, will be counting on younger age groups to protect and support the services that seniors need as Canada bears witness to a historic greying of its population.

Are you starting a Systematic Investment Plan (SIP) in an equity mutual fund scheme to build a retirement corpus? Or to fund your next overseas holiday? Sure, SIP in an equity mutual fund scheme is the best way to achieve your long-term financial goals. But are you investing enough? In other words, have you calculated how much you need to invest through SIPs to meet your various financial goals? It is essential to avoid unpleasant surprises on the eve of your goals. Sadly, many investors skip this step. Most of them find the calculation too tricky or are unable to do it themselves.

In an interview with ET Now, Madhusudan Kela, Chief Investment Strategies, Reliance Capital AMC, shares his views on whether any long-term investment in equities at present may prove rewarding going ahead. Excerpts: Nikunj Dalmia: You indeed made a good call in August. When the world was melting and things were falling apart, you went on saying that 'buy the fear' and now things are looking settled. Do you think the storm has come and gone globally? Madhusudan Kela: I would not say the storm has come and gone.

We may not want to admit it, but our own beliefs are often the biggest obstacle in the journey to financial freedom. Sometimes our own behaviors make it more difficult for us to achieve a financially secure retirement. Here are a few lies you may be telling yourself that are preventing you from reaching a comfortable retirement: Everybody works until full retirement age.

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