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Pension Plans: Doing This Could Really Make A Difference, Please Don’t Ignore

Pension Plans: Doing This Could Really Make A Difference, Please Don’t Ignore

Life is not at all a bed of roses. We all want our post-retirement days to be happy, financially secure, and financially independent. Moreover, after working hard for more than half a lifetime, who wants to lead a dependent life, to bother their loved ones for necessities? In today’s world, the bitter reality is that one in three people is attacked by some form of a deadly disease. Not all of your responsibilities are over by the start of your retirement. Misfortune has no calendar. The post-retirement period is never as smooth financially as you might have envisioned it in your younger, working years. So why not save a part of your earnings today to create a better life for you ahead?

Future Planning is Never a Bad Option.

Even if you are someone who has decent savings, we still advise you to go ahead and select a retirement plan for you to be financially secure and happy in old age. Old days are the golden days, so let’s do what we can to ensure they remain golden. Retirement plans are investment plans where you invest a part of your savings during your earning phase and receive them as your income after retirement. Most people have little to no knowledge about how the market will behave in the next 20 to 30 years. So, with that, how can you save wisely for your future? This is where retirement plans come into picture.

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These plans are designed by great financial experts. They are designed while keeping trends in the market condition in mind, even in the years to come. These plans ensure that you have a quiet life after your retirement by providing you with various retirement plans. And if anything happens to you, your family can claim the money, which is helpful especially if you have family members dependent on you. This will mean they can lead better lives, even in your absence.

Now, the question arises, how do you choose the appropriate pension plan for yourself? It isn’t an easy task because there are dozens of companies around the globe that offer you various pension plans with claims that theirs is the best. It is crucial that you choose the right plan because you are investing your hard-earned money in the plan. And it, to a great extent, will affect your future.

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Keep In Mind Some Basic Things.

Firstly, you should know about the various kinds of pension plans available. The plans are categorized into different categories that depend on the scheme structure and its benefits. For example, pension plans in India are further sub-divided as a Deferred Annuity, Immediate Annuity, Annuity Certain, With Cover and Without Cover Pension Plans, Guaranteed Period Annuity, Life Annuity, National Pension Plan, and Pension Fund.[1] You need to figure out which category plan you want to go for. And you need to also look at the plans that various companies offer you under each category.

To choose the right retirement plan, you need to keep many things in mind. You must have a clear idea about your needs and how much money you will require in order to fulfill your needs. Also, remember all of your responsibilities and as well as potential emergencies you might face post-retirement. Then, gather information about all the options available to you to compare and contrast.

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Look at their benefits and the money you need to invest today. Different online resources, as well as insurance officers and expert advisors will help you choose the right plan. Once you are successful in doing that, there is hardly anything you need to worry about. Just pay the monthly installment and enjoy its sweet fruit in the future. Invest wisely and ensure that post-retirement, you will live a financially secure and virtually carefree life.

A proper pension plan could really make that difference

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Featured photo credit: Pixabay via pixabay.com

Reference

[1] Policy Bazaar: Pension Plans

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Last Updated on May 22, 2019

50 Great People To Follow On LinkedIn, No Matter Your Industry

50 Great People To Follow On LinkedIn, No Matter Your Industry

LinkedIn is an excellent platform to network with great people to help you in your career and businesses. However, with over 575 million people on the site, who should you follow? This list will steer you to the right people to follow, organized by categories of expertise.

Job Search Experts

You will likely have several jobs throughout the course of your career, and you will constantly need advice on new trends and strategies out there in the job market. Here are the LinkedIn experts who you should follow on these matters.

1. Liz Ryan is the CEO and founder of Human Workplace. Her articles on job searching are filled with creative and colorful cartoons.

2. Lou Adler is the author of The Essential Guide for Hiring and Getting Hired.

3. Dr. Marla Gottschalk will help you make an impact in a new job.

4. Hannah Morgan runs CareerSherpa.net, where she gives expert advice on job searching and how to be more visible online.

5. Alison Doyle is the CEO and Founder of CareerToolBelt.com.

Management Experts

They say that people leave managers, not jobs. These experts in LinkedIn will help you become your employees’ dream manager.

6. Jeff Weiner. How can we leave out the CEO of LinkedIn himself?

7. Nozomi Morgan is an executive coach. She can help you transition from a boss to a true leader.

8. Mickey Mikitani is the CEO of Rakuten. He constantly shares his expertise in managing a global player in e-commerce platforms.

9. Andreas von der Heydt was the head of Amazon’s Kindle Content and now the Director of Talent Acquisition. He has extensive experience in management, branding, and marketing.

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Productivity Experts

By maximizing your productivity, you can win in all aspects of life. The following LinkedIn experts will help you win big in your career.

10. Gretchen Rubin is a happiness coach and the bestselling author of the The Happiness Project.

11. Carson Tate is the founder of Working Simply. She advises us to include play in our schedules.

12. Greg Mckeown is an essentialist. Part of being an essentialist is saying no to many things so that we can focus on the things that matter.

13. Brian de Haaff, CEO of Aha! Labs Inc. provides strategies on how to be productive and happy at work at the same time.

Marketing Experts

14. Sujan Patel is VP of Marketing at When I Work, an employee scheduling software. He is an expert in content marketing and he even shares his ideas on content marketing in 2020.

15. Megan Berry is the Head of Product Development at Rebelmouse, a content marketing and AlwaysOn powerhouse.

16. Sean Gardner will help you navigate the social media landscape. This includes how to use different platforms to help accelerate your career. He is also the bestselling author of The Road to Social Media Success.

17. Christel Quek is an digital and marketing expert. She is the VP of South East Asia at Brandwatch. Their products help businesses utilize social media data to make better business decisions.

18. Jeff Bullas is a digital marketing expert. His blog has over 4 million readers annually.

19. Michael Stelzer is the CEO and Founder of social media powerhouse site, Social Media Examiner.

20. If you’re looking for inbound and content marketing expertise, follow Dharmesh Shah, Founder and CTO of Hubspot.

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21. David Edelman is a McKinsey partner and is at the helm of the Digital Marketing Strategy Practice Department.

22. Dave Kerpen leads the social media software company Likeable Local. He is the author of Likeable Social Media: How to delight your customers.

23. Clara Shih is the CEO of Hearsay Social and the author of The Facebook Era.

24. Aaron Lee is Grand Master of Customer Delight at Post Planner. He is an excellent resource for everything social media.

25. David Sable is the CEO of Y&R, one of the largest advertising firms in the world.

26. Content marketing trumps traditional marketing these days, and who else better to lead you in this area than Joe Pulizzi, Founder of Content Marketing Institute.

Personal Branding Experts

Part of what we market in our personal career is our brand. When people hear your name, what kind of brand comes into their mind? What traits and qualities do they associate with you?

Here are some personal branding experts from LinkedIn to improve your own brand.

27. Dorie Clark is the author of Stand Out and Reinventing You. He can help you craft the professional image you’ve always wanted.

28. Dan Schawbel is the managing partner of Millennial Branding. If you’re a millennial, Dan is the guy to help you craft your personal brand.

Other Notable Experts to Follow

29. Lisa Gates is the expert to follow if you’re negotiating for higher salaries and promotions.

30. If you’re a Baby Boomer, Marc Miller will help you navigate the continually changing landscape of the workplace.

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31. To avoid getting your resumé moved to the “No” pile, read Paul Freiberger’s excellent advice.

32. James Caan provides insightful ideas on careers in general. He is also a serial entrepreneur.

33. Jeff Haden writes on various topics, such as leadership and management. He is the owner of Blackbird Media.

34. If you’re looking for expert business advice on getting new customers and keeping them, follow Jay Baer.

35. Suzanne Lucas, aka Evil HR Lady, is a great human resources specialist.

36. If you need help in using Twitter to boost your career, Claire Diaz-Ortiz can guide you in the right direction.

37. Ryan Holmes is the CEO of Hootsuite, a social media management tool.

38. Customers are the lifeblood of a business and Colin Shaw focuses on revolutionizing this customer experience.

39. Brian Solis often reflects on the future of business and how technology can disrupt our world.

40. Nancy Lublin provides advice on more lighthearted topics, which are perfect after a long day’s work. She is the CEO behind Dosomething.org, a portal designed for social change; and the founder & CEO of Loris.ai and Crisis Text Line.

41. Katya Andresen provides advice on how to manage your career. She was the CEO of Cricket Media and now responsible for the SVP Card Customer Experience at Capital One.

42. Gallup has created a system to test what your strengths are and how to use them at work. Jim Clifton is the CEO of Gallup.

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43. Adam Grant is a Wharton Professor and the author of Give and Take, which provides advice on why being helpful at work can accelerate your career.

44. Hunter Walk is a partner at Homebrew Venture Capitalist Company and has specialty in product development and management.

45. If you’re running a nonprofit organization, follow Beth Kanter for expert advice on this area.

46. Emotional Intelligence is necessary to succeed in your career, and Daniel Goleman is your expert for that.

47. Rita J. King connects science, technology and business.

48. Tori Worthington Rose is a Creative Director at Mary Beth West Communications, LLC. She has extensive experience in sales and digital media.

49. If you’re looking for some advice on how to use writing and personal content marketing to boost your career, follow Ann Handley.

50. Tim Brown is the CEO at IDEO and shares his insights on Leadership and Creativity.

These are just some of the key thought leaders and movers in various industries. They will provide you with constant inspiration, as well as the willpower to pursue the career that you’ve always wanted. Their stream of expert ideas in their respective fields will help you become well-equipped in your professional pursuits.

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Featured photo credit: LinkedIn Sales Navigator via unsplash.com

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