How to Plan for a Peaceful Enjoyable Retirement
Ойын-сауық
According to statistics, 8 out of 10 Kenyans are NOT saving for their retirement. We are not in a good place. Sundeep Raichura, Group CEO Zamara Group shares with us how to plan for a peaceful enjoyable retirement.
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Timestamps
0:00 Intro & how we can help you invest with confidence
4:23 Why I'm relentless in helping people plan for retirement
6:22 Retirement statistics in Kenya
11:01 Advise for the young
13:58 The balance between enjoyment and saving for the future
20:34 The rule of 14, 16, 18
21:32 How much you should put aside for retirement
27:16 Tax benefits of pensions explained
29:42 Options for the employed
32:18 Options for the self-employed
40:51 The National Social Security Fund explained
42:46 Pension plans vs provident funds
45:26 Using your pension to buy a home (Kenya)
48:03 Net replacement rate explained
48:46 The Asian culture and money management
55:02 Post retirement medical cover
Пікірлер: 58
I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house already, earn on a monthly basis via my investment and got 5 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made. Great video! Thanks for sharing! Very inspiring! I love this
@richardpreeda9151
2 жыл бұрын
I’m 32 and my ultimate financial goal would be $2million in savings and a monthly passive income of $15,000, I’ve got about $230k to put in the market and I’d love to know how I could make this goal happen by the time I turn 40
@collinsandrea4728
2 жыл бұрын
Sure, you can do that, you just need to be consistent with your investment also you should probably consult with an investment manager, they are very good at retirement planning and can come up with the best strategies to reach your goal
@richardpreeda9151
2 жыл бұрын
Alright... it seems you’re in contact with an investment manager, how’s it been working out so far for you?
@collinsandrea4728
2 жыл бұрын
Yes, I’m using an investment manager been in touch with one since January when I started planning for retirement, I’m 47 by the way and since January till now I’ve experienced a steady portfolio growth from $182K to $452K currently
@richardpreeda9151
2 жыл бұрын
That’s great man, your investment manager must be really good, do you mind sharing more info on this person?
Very great conversation.It should be preached to the young.
This what kenyans need to hear. Quite informative to prevent old age poverty.
"You can be young without money but you cannot be old without money" that has hit home hard....
Very very insightful .Sundeep sounds very passionate about this topic. Thank you
Thanks Rina, this is priceless.
Great information, need to see long term for sure
Very educative information.
Great conversation....so glad to have come across it.
@MoneyWiseWithRinaHicks
7 ай бұрын
Am glad you liked it!
Awesome ❤❤❤❤, very engaging conversation.
@MoneyWiseWithRinaHicks
11 ай бұрын
Am glad you liked it!
This is the best channel God has ever connected me with amongst TerryAnne Chebet and Caroline Mutoko. God bless you
@MoneyWiseWithRinaHicks
2 жыл бұрын
@Faith Delina Thank you. We are humbled
Good Sir. Sure many people are not saving. Bt sometimes the income is barely enough to meet their needs.
@MoneyWiseWithRinaHicks
2 жыл бұрын
We just need to start with the little we get
@MerciJowi
2 жыл бұрын
In every income you get, there's bread and seed. You must be conscious to both.
save for the older person you will become ... Obrigado from Mozambique
Thank u. In Ug
@taxwolf7849
2 жыл бұрын
Am here too
I would like to know more about next of kin
Is this Mr Raichura of Zamara
This is the most timely video i have come across today ! I am looking for a plan to contribute to ,can i get help with this ?
@MoneyWiseWithRinaHicks
Жыл бұрын
Please reach out to us at sema@moneywise.co.ke
This is profound Rina! Nice job
@MoneyWiseWithRinaHicks
2 жыл бұрын
Thank you!
Aiming for $1m by the time I'm 55. But still want to eat life. I'm 40 with no kids. Rina saidia hapa
@MoneyWiseWithRinaHicks
Жыл бұрын
Reach us at sema@moneywise.co.ke
Just received my copy of Moneywise and am excited to start!
@MoneyWiseWithRinaHicks
2 жыл бұрын
Awesome. Enjoy the read
Plenty of valuable information shared
Exactly what I was looking for about retirement plans...very nice and educative piece.
Great conversation.
@MoneyWiseWithRinaHicks
2 жыл бұрын
Thank you!
Very informative 👍👍
@MoneyWiseWithRinaHicks
2 жыл бұрын
We are glad you liked it
Dare to be different 🙌🏽
@MoneyWiseWithRinaHicks
2 жыл бұрын
Always dare to be different
Good piece
@MoneyWiseWithRinaHicks
2 жыл бұрын
Thank you!
Useful information indeed
I feel very challenged
Great discussion topic. Thanks Rina🇿🇲
@MoneyWiseWithRinaHicks
2 жыл бұрын
Glad you liked it
Watching from garissa Kenya loved this channel helped us teaching how to invest money and it's not too late to do what you like in life thanks for your courage and motivating us
@MoneyWiseWithRinaHicks
2 жыл бұрын
Glad you liked it!
I have loved this conversation. I need to start thinking of how I can start saving for my pension going forward.
@cikumainone
2 жыл бұрын
Maaanze. Have to watch it again
We definitely need to see a shift in saving and investing culture especially for retirement.
What are some of the best retirement schemes to invest in?