Localizations

Over the last years we have seen countries starting to look inward; focusing on local jobs, stimulating local businesses and giving a sense of power to the people of the country. This has been seen in India with the 'Make in India' initiative; in USA with Trump's victory and 'Make America great again!';  Brexit with rural U.K. voting for opportunity, change and control vis-a-vis London. All these point to the fall of globalization. Now onwards good and services will be produced / procured based on 'political' economics rather than traditional economic theories.

The Trump era like the Modi era will mark the increased polarization of issues and greater mud-slinging politics. Get ready for spicy breaking news!!!

Retirement Planning 2020

Planning for retirement is the most difficult question faced by most of the people.

Although its easier said than done here are three questions one most ponder and decide to have a comfortable retirement life.

1. When do you want to retire?
2. How much do you want to save?
3. How much minimum percentage of your final salary do you wish to target?

The are countless of other questions and bets one will have to take like long term inflation, interest rates, cost of living, medical costs etc to come up with the right pension amount. And I am sure at the end it will feel you should have done more.

My simple advice is take life (professional career, personal life etc) in 5 year buckets. Its much easier to break down long term goals into shorter term targets which are easier to predict, manage and remember!!!

Think about where you want to be in 2020!!!...