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What Is Your Retirement In.e Replacement Ratio-www.33bbb.com

Finance How much retirement in.e will you need to live as you do now? That’s what the ‘retirement in.e replacement ratio’ is about. *What is it? It assumes you’re getting by alright on your working in.e – paying your bills and doing the usual things you’ve done during your working life. So, to keep living and doing things as you have been for your retirement, you probably need something close to your working in.e for your retirement in.e. The ‘something close’ generally refers to the various ‘rules of thumb’ that specifies a ratio of the working in.e you’ll need for retirement in.e. Seventy five percent of your working in.e – give or take 10% – is a typical ‘retirement in.e replacement ratio (RIRR)’. It’s reduced from 100% because presumably you won’t be paying as much in.e tax and spending for all those work clothes, new cars, business lunches or whatever expenses are more or less related to ‘working’. It’s this 75% of working in.e as your retirement in.e that you can use to figure out how you’ll achieve this retirement in.e without working. To do so, you’ll add up in.e from your 1. Projected pension in.e, 2. Projected Social Security in.e, and 3. Current earnings of your savings. The first two require you to pick an age to retire since they increase the longer you wait to retire. Any total that is short of your retirement ratio in.e means you’ve got to grow those savings you have to make up the difference. And it is the annual in.e for savings that is ultimately the issue for the amount of savings you should have at retirement. *Is your ratio realistic? Yes or maybe not at all: That depends on what your retirement living expenses will be. If you’re staying right where you are for retirement and doing what you usually do, you need only add up those living expenses. Add to them the in.e tax on your projected pension in.e and your savings in.e assuming your Social Security won’t be taxed. That total will give you a realistic retirement in.e for staying where you are and doing what you’ve been doing. It may give you a much lower RIRR than 75%. But if you choose a whole different venue and activities for your retirement, you may find you can get buy on much less living expense than ‘staying in place’. Moving to lower expense locations – on-shore or off-shore – can offer you more of what you want for much less. You can earn money from the equity in your house for either buying-down or renting it out while you buy cheaply in your new retirement location. Some places off-shore offer very low everyday expenses. You may lower your RIRR so much that any saving you do over these final few years may help you enhance your new life style in ways you hadn’t imagined before. About the Author: 相关的主题文章:

Management Education In The Business School Classrooms Today In India-winavi video converter

College-University With nearly 2,000 business schools in all the nuances of operating in India today, we are witnessing in our country, a strange mix of hungry minds and hungry stomachs to coexist together. A country that is proud of the existence of more than a dozen IIM is also faced with the miserable existence of a third of the population goes to bed on an empty stomach. Can a country like ours successfully struggling to meet the aspirations of the Hungry Ghosts (read very educated with high aspirations and ambitions can not be beaten), and hungry stomachs (read poor people trying to make a decent living). The question that business schools should be asking now is what should be the role B-Schools "in fulfilling this dual purpose? One look into the management classrooms and you realize that meeting this dual goal is a far-fetched ambition. Most management classrooms have a profile of students who are predominantly from the middle to upper sections of the economic pyramid, which marketers popularly call SEC A, and B of the society. How do people from SEC A and B understand the realities of the real India? Indias most eligible bachelor and upcoming congress candidate for prime ministerial position, Mr. Rahul Gandhi after visiting the country thoroughly remarked that there lives 2 India within India. One is called India that lives in the urban areas; another one is called Bharat that lives in the rural areas, and there is a world of difference between the two Indias. However, in the management classrooms there exists only one India- which is India. Bharat is not only conspicuous by its absence in the classrooms[1], it also does not merit even a faint mention anywhere in the syllabus of the more than 40 odd management courses that the management students have to undergo to earn their much coveted MBA diploma or degree in two years. This raises an important question to my mind, which is- what are we teaching the management students today, and how? Most schools of business (or management institutes, known as popular in India) is unfortunately a small expansion of the philosophy of management and monitoring programs in North America, Europe and other developed countries. What is taught in classrooms are theories that are responsible for Western values, philosophies, prejudices, based on data representing a different reality and not in India. We have barely begun to develop theories that reflect the realities of Indian consumers, businesses and society in general. Since research and publications so little attention and reward in the B-schools in India, it is not enough for the university in India to write books or scholarly articles that reflect what is reality Indian. We follow the manuals and case studies of instruction in classes that were written by American authors, based on their research on their companies, customers, in their communities. Teach the same concept or theory in India, we are just assuming that all theories are clearly repeatable and scalable, which is not true. On the other hand, is another form of academic imperialism, to which we are quietly becoming a victim. I would propose the following section proposed third gear up to B-schools can meet not only in India but Bharat and Much of this blame put on business schools for selection of an elite batch of MBA participants is a result of the selection process that feeds itself based on the recruiters requirements, and what trends are evolving in other business schools in other parts of the world. Indian Business Schools should also focus on research, and not just teaching Research, which is relevant and rigorous academic education would help in the B-schools to understand the reality of India, and teach the same in their classrooms. It will also reduce the dependence of the books written by someone, and someone else. The research will help us find solutions to our local problems, help generate theories based on knowledge, which crystallizes in the case in books, we must continue in our classrooms. Without research, we are just entering a herd mentality to do what others do, too. Similarly, writing case studies on companies that have their unique problems to help find solutions would be good to learn and to teach students in classrooms. Indian B-Schools should work together in collaboration with all stakeholders in the society These stakeholders include the NGOs, corporates, government, and even the poor people themselves. Today, we see B-Schools, its syllabus, and almost its entire orientation is predominantly geared towards the corporates, who are the biggest recruiters for the B-School students. There is a growing perception that the B-Schools are fast turning themselves into placement agencies, where students come, undergo some process of training, and come out with jobs in hand. B-schools are and should be designed to add value to their students and to society in general. Too much reliance on recruitments in B-School is making a mockery of teaching in the classrooms, where the students are mainly concerned with their grades, ranks, and highest-paying jobs. The focus in the classrooms and within the B-School campus itself should be one on learning and not placements, which is only an outcome. Currently, it is not so, placement focus has resulted in B-schools designing their curricula to fit the needs of these recruiters which are again are mostly MNC firms. In general, a graduating batch of MBA students in India witnesses 85%-90% of its batch joining a corporate sector firm; ideally it would be a high paying investment bank, or a consultancy. Among within IIMs, not more than a dozen (with a stretch) students drop out of placement for becoming entrepreneurs. This is a reflection of the bias that exists in B-Schools towards working with only corporate sector firms, often ignoring other stakeholders in the society. Indian B-Schools should think of the Poor Already marginalized by society for a long time, poor people have very few sources of aid for research. Because they are resource poor, with low reading skills, and with little or no access to information, the poor are unable to solutions to their problems. Indian B-schools must be won their moral responsibility to ensure that poor people living in Bharat find its rightful place in the classroom and have to find solutions to their most pressing problems. The government alone can not fight against poverty, particularly because it can not do it alone B-schools have to earn their place in society and ensure that the real Bharat find a place and space in the spirit of the universities, and students in the B-schools. B-schools which was designed as a place to feed hungry minds must grow everyone’s expectations begin to feed hungry stomachs. engineering college ,, best engineering colleges , engineering colleges in bangalore , engineering colleges in india , top engineering colleges , list of engineering colleges , engineering colleges in karnataka , best engineering colleges in india , top engineering colleges in bangalore , top engineering colleges in india , top 30 engineering colleges , Sea College of engineering , Top Placement Colleges , best b.tech colleges in India , Best BE colleges in India , About the Author: 相关的主题文章: