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Retirement: Embrace holistic planning

Comprehensive planning would include managing anxiety, identity loss, and loneliness; creating a comprehensive health routine; tackling social and relationship issues

Insurance, retirement
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Harsh Roongta

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I recently spoke with Anand, a prospective client in his late fifties from Delhi, who manages a division at a Fortune 500 company. He approached me to discuss his upcoming retirement next year and to ascertain if his finances would allow him to purchase a luxury home in a hillside retirement community.

Anand could easily finance his dream home in the hills by selling some of his stock options. However, he hadn’t considered the non-financial aspects of retirement. When I prompted him to envision a typical day in retirement, he struggled, having only romantic notions of a leisurely life in the
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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