Zat Astha’s Post

“I plan to retire when I reach 62 and 5 months” – said no one ever...well, with the exception of a client of ours who works in legal services… 👇 In my mind, I was impressed. I was thinking "this chap has clearly already worked out how much is #Enough and arrived at this very specific age" But I was wrong. Here's how it went... 𝗖𝗹𝗶𝗲𝗻𝘁: 𝗜 𝗽𝗹𝗮𝗻 𝘁𝗼 𝗿𝗲𝘁𝗶𝗿𝗲 𝘄𝗵𝗲𝗻 𝗜 𝗿𝗲𝗮𝗰𝗵 𝟲𝟮 𝗮𝗻𝗱 𝟱 𝗺𝗼𝗻𝘁𝗵𝘀. Me: That’s a very specific age, why 62 and 5 months? 𝗖𝗹𝗶𝗲𝗻𝘁: 𝗕𝗲𝗰𝗮𝘂𝘀𝗲 𝘁𝗵𝗮𝘁’𝘀 𝘄𝗵𝗲𝗻 𝗜’𝗹𝗹 𝗺𝗮𝘅𝗶𝗺𝗶𝘀𝗲 𝗺𝘆 𝗽𝗲𝗻𝘀𝗶𝗼𝗻 𝗯𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗳𝗿𝗼𝗺 𝘄𝗼𝗿𝗸. Me: Do you actually need to maximise your work's pension benefits? 𝗖𝗹𝗶𝗲𝗻𝘁: 𝗜’𝗺 𝗻𝗼𝘁 𝘀𝘂𝗿𝗲. 𝗕𝘂𝘁 𝗶𝘁 𝗺𝗮𝗸𝗲𝘀 𝗴𝗼𝗼𝗱 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝘀𝗲𝗻𝘀𝗲. Me: Well, how much do you think you'll need in order to live your ideal life? 𝗖𝗹𝗶𝗲𝗻𝘁: 𝗜’𝗺 𝗻𝗼𝘁 𝘀𝘂𝗿𝗲. >> Fast forward 30 minutes >> ...and I have started helping the client to articulate that he would ideally like to reduce his hours asap (he enjoys the work, but not so much that he wants to spend most of his conscious time on the job - does anyone?), relocate to Australia, and buy their dream beach house on the west coast - a significant upsize from their relatively cramped #HongKong apartment! We also crunched the numbers using our lifetime cashflow forecasting software and worked out that instead of doing this in 12 years time, he already has enough and can make these changes next year. So, on the face of it, something that perhaps made good financial sense, did not make so much sense when it came to playing the lead role in his dream film. However, this client wasn’t so naive that he didn’t think this wasn’t possible (given his job position he has to be very switched on). He just didn’t have the 𝗰𝗹𝗮𝗿𝗶𝘁𝘆 he needed. By working through things with him we gave him 𝗰𝗹𝗮𝗿𝗶𝘁𝘆. He then had the 𝗰𝗼𝗻𝗳𝗶𝗱𝗲𝗻𝗰𝗲 to make the big life decisions, that he wanted, deep down, to make. Ultimately, he has 𝗰𝗼𝗻𝘁𝗲𝗻𝘁𝗺𝗲𝗻𝘁 – that's the peace of mind of knowing everything is going to be alright, that he won't outlive his money – and it’s all happening 11 years earlier than he had initially planned! 𝗖𝗹𝗮𝗿𝗶𝘁𝘆, 𝗖𝗼𝗻𝗳𝗶𝗱𝗲𝗻𝗰𝗲, 𝗖𝗼𝗻𝘁𝗲𝗻𝘁𝗺𝗲𝗻𝘁 – 𝒕𝒉𝒆 3 𝑪’𝒔 we aim to deliver to all our financial planning clients. And the good news is, through REAL financial planning, everyone can achieve these life changing benefits too… #personalfinance

Should you retire ASAP or work till you expire? I heard this rather interesting discussion between 2 strong-minded mature PMEs at the beach. One thinks that he should retire ASAP, an advocate of the FIRE aka Financial Independence Retire Early movement. From what I gather, this guy has been in the same job for a long time and he didn’t like his boss or his work very much. The other said she would continue to work till she expires because she finds work meaningful, and rewarding and it keeps her mind agile. Apparently, the lady runs her one-person coaching/training practice. The best part? She’s been doing it for over 20 years!   Reasons for retiring early/on time: -     Work burnout -     Health concerns -     Stress reduction -     Planned retirement -     Issue with boss/work -     (Fill in your own) BTW, retirement is overrated. To test it out, go talk to “one-year-old” retirees. Many’ll tell you there’s only so much travel you can do, only so much golf you can play, and only so much leisure you can enjoy. Beyond that, diminishing returns set in😊You’ll be bored after 3 months! Reasons to work till you expire: -     Enjoys work -     Socially active -     Mentally agile -     Financially sound -     Sense of purpose -     (Fill in your own) What about you? Retire ASAP or work till you expire? Share your thoughts below:) #nojobnosweat #careerboss #makeadifference

Working to retire when life is more than a dream Many of us work hard and save to provide for post retirement years. It is not just about financial security but to have life more than a dream which wanted to live ; we plan on making good use of time we will have on our hands, read books, watch movies, eat out, meet friends, sleep lots, peruse long forgotten hobbies, may do some social work along with Seva and generall chill. In short, lead a full life by doing all that we missed out on. Social networking & netizen are also common these days Post retirement, the enthusiasm may not have diminished too much, but the body do protest. One is no longer physically agile as one thought one could be, may get tired easily and for some, there is sense of loss, of not getting to work every day and meeting up with the colleagues and deadlines. Then there is those who just love the thought of doing absolutely nothing, brushing aside warnings that one's mind and body may atrophy. They delight in the thought of never having to go to work again. Yet it's essential to acknowledge the need for balance in retirement, finding ways to stay mentally and physically active while also relishing the newfound freedom from work obligations.

Want a rich happy productive life in retirement? Step 1 - Really, Really, Really, think about what it means to be productive. My pre-retirement definition was something many people understand. "GET $H1T DONE!" It's a great definition while you're working because the working world has all these goals, milestones, deadlines, deliverables, yadda, yadda, ad nauseum. And because work so dominates lives, we start to think this way in our non-working home hours too. Throw that work $H1T definition out and come up with a new definition. Mine is evolving, but it's currently something like this. "If you're not prioritizing tranquility, mental health, new experiences, AND learning then you're not productive." Also, "If you're spending more than 2 hours of any given day doing things you don't want to do, or with people you don't want to be with - then you are the opposite of productive." Step 2 - Spend time philosophizing about the word ENOUGH. Everyone has got to pay their bills. Everyone has got to eat. Everyone has to live. You can do all of these things either in scarcity or in abundance. Somewhere in between those extremes is ENOUGH. If your retirement is going to be 'good' you really need to identify exactly where your 'enough' is. It's where you have everything you need to live, you're not wanting for anything important, and you're not being wasteful. This sounds simple, but it's way harder than you may think because you have to apply this to EVERYTHING! How much travel, golf, hiking, food, entertainment, STUFF, time with friends, time with family, time alone, etc. etc. is 'enough'. This is hard, but if you find this sweet spot you'll KNOW you've arrived. Step 3 - Explore ALL of your motivations. Don't do a single gosh darned thing without thinking about why you're doing it. You need to be honest with yourself and consciously buy into your motivations. If your real motivation for travel is to post pics on social media so you can gather likes I won't judge you - as long as you know why you travel, and you've agreed with yourself that this is a worthy reason. If you want to give all your time to charity so that you can get a free pass into heaven at the end of your life - same deal. You do you, but with open eyes and self-acceptance. You want to give all your time to any political candidate - I am going to judge you, but I will try very hard not to. This one goes against my own motivations so it's really hard for me to just let you do you as your actions impact my life. BUT - you certainly don't need MY approval. You only need YOUR approval. That's it. Just 3 easy steps to a happy fulfilling retirement. Best of luck. Oh, and by the way - if you're still in the working world. You can get a jump on this plan and practice while you're still working. I freely admit that these 3 steps can be more difficult while working, but they're not impossible. You might just live a happier life.

Advice for all employees: 🏠 Build a home early, whether in the city or countryside. Building a house at 50 isn't a big achievement. Let your family enjoy your own place. 🏠 Go home. Don’t be at work all year. You're not the department's backbone. If you leave, you'll be replaced. Prioritize your family. 🚀 Don't stress over promotions. Master your skills and excel at your job. If a promotion comes, great. If not, stay positive and focus on personal growth. 🙅♂️ Steer clear of office gossip. Protect your reputation. Avoid groups that just gossip about bosses and colleagues. 🤝 Don't compete with your bosses or colleagues. It's a losing game. 💼 Have a side business. Your salary may not cover all your long-term needs. 💰 Save some money automatically from your paycheck. 🏦 Take loans for investments, not luxuries. Buy luxury with your profits. 🤫 Keep your personal life private. Don't mix it with work. 🙌 Be loyal to yourself and believe in your work. Hanging around your boss too much can isolate you from colleagues. 🎯 Plan to retire early. Start planning your exit when you get your job. Aim to retire by 40 to 50. 📋 Join work welfare programs and be active. They help when unexpected events occur. 📆 Use your leave days to work on future projects. How you spend leave reflects your post-retirement life. 🚀 Start a project while still working. Ensure it’s running well before you retire. 💵 Pension money is for maintenance, not for starting projects or buying luxuries. 🌟 Aim to be a role model after retirement, not a cautionary tale. 👍 Don't retire because of burnout. Retire while you still have energy to enjoy life and family. 🏡 Retire in your own home, not government housing, so you can easily fit back into your community. 🛠️ Don't let work benefits make you forget about retirement. Once you retire, those benefits disappear. Embrace retirement. It’s going to happen whether you want it or not. Hope this helps you see life more positively! 🌟

Retirement and Part Time work  So, you’ve retired. Whether by choice or design, you find yourself in a new world and new life rhythm. I’m writing this with a very specific retirement life stage in mind: you still want to work but part time. Here’s what I’ve learned: If you held a senior level job in your previous life, remember, you’re not in charge anymore. You’re not calling the shots and you’re certainly not the one people look to for answers. At least not right away. If you’re in a new industry, things will come at you fast and furious. Don’t' worry, it’s not Prevagen time, yet. In your previous life you knew things and how to navigate when you didn’t. New role, new nomenclature, new processes, office hierarchy and land mines. Don’t be fooled, they’re there. Take time to learn company culture, meet and learn from your co-workers. Be kind, be humble.   You’ll want to be involved in everything, all the closed-door meetings and confidential emails. You won’t be, nor should you be. You were hired to do a specific job, part time. Just do the job. Understand and accept that you may not get everything done in a five-hour shift. It may not be how you’re wired but it’s OK. At about month two, you’ll ask yourself “what was I thinking...”. You may even consider quitting. Word of advice, don’t. Talk to your boss. Be honest. Tell them you’re struggling with how to make your “A” personality handle a part-time job. If you’re lucky, like I was, you find them to be compassionate, understanding and supportive. Final thought. You’ve worked hard for many years to get to the point where you didn’t need to work, unless you wanted to. This is a real chance to balance work and life, with a greater tilt towards life. Enjoy your retirement. I am.       

There's no such thing as work-life balance. There are work-life choices, and you make them, and they have consequences- Jack Welch. __________________________________ Hard work alone won't guarantee a healthy retirement. Discover why the traditional work ethic may be shortchanging your golden years and costing you more than just money. Learn two essential steps for balancing career success with long-term health: https://bit.ly/3xuLz0V #healthyretirement

🌟 ADVICE FOR EVERYONE AT WORK 🌟 1️⃣ Start building a home early—whether it's in a town or in the countryside. Waiting until you're 50 isn't the best idea. Avoid relying solely on company-provided housing. It's important for your family to have a comfortable home. #PlanAhead 🏠 2️⃣ Make time for family. Don't spend all your time at work. Remember, if something happens to you, work will go on. Family should come first. #WorkLifeBalance 👨👩👦👦 3️⃣ Focus on mastering your job and improving your skills rather than just chasing promotions. Stay positive about your personal growth even if a promotion doesn't come your way. #SkillDevelopment 💪 4️⃣ Stay away from office gossip and negative talk about your bosses and colleagues. Protect your reputation and avoid getting involved in harmful discussions. #PositiveVibes 🙅♂️ 5️⃣ Avoid competing with your bosses or colleagues. It won't end well for you. #Teamwork 🤝 6️⃣ Consider having a side business. Your salary might not be enough in the long run. #Entrepreneurship 💼 7️⃣ Save a portion of your salary automatically. It will come in handy. #FinancialPlanning 💰 8️⃣ If you borrow a loan, use it wisely for investment or to improve your situation, not just for luxury. Buy luxury items from your profits. #SmartInvestment 🛒 9️⃣ Keep your personal life private. Don't mix it too much with work. This is important. #Privacy 🤫 🔟 Be true to yourself and believe in your work. Avoid being overly attached to your boss, as it may isolate you from your colleagues. #BelieveInYourself 🌈 1️⃣1️⃣ Plan for early retirement. Start planning when you first get a job. The next best time to plan is now. Aim to retire between 40 to 50. #RetirementGoals 🎯 1️⃣2️⃣ Participate in work welfare programs actively. It can be beneficial in times of need. #TeamSupport 🤗 1️⃣3️⃣ Use your leave days wisely, focusing on building your future home or projects. It reflects how you'll spend your time after retirement. #FuturePlanning 🏗️ 1️⃣4️⃣ Start a project while you're still working. Let it run alongside your job. If it doesn't succeed, start another until one thrives. Retire to manage a successful project. #NeverGiveUp 💪 1️⃣5️⃣ Understand that pension money is for your well-being and health, not for new projects or luxury. Use it wisely. #FinancialWisdom 💡 1️⃣6️⃣ Strive to be a positive role model after retirement, not a cautionary tale. #BeInspiring ✨ What's your key takeaway from these work-life tips? Share your thoughts below! Like ♥️ | Share 📲 | 𝐃𝐌 𝐨𝐫 𝐞𝐦𝐚𝐢𝐥 𝐚𝐭 𝐡𝐫@𝐬𝐢𝐦𝐞𝐧𝐭𝐩.𝐨𝐫𝐠 𝐢𝐟 𝐲𝐨𝐮 𝐚𝐫𝐞 𝐥𝐨𝐨𝐤𝐢𝐧𝐠 𝐟𝐨𝐫 👉𝐋𝐢𝐧𝐤𝐞𝐝𝐈𝐧 𝐂𝐨𝐚𝐜𝐡𝐢𝐧𝐠 / 𝐌𝐞𝐧𝐭𝐨𝐫𝐬𝐡𝐢𝐩 👉 𝐑𝐞𝐬𝐮𝐦𝐞 𝐖𝐫𝐢𝐭𝐢𝐧𝐠 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 👉 𝐑𝐞𝐬𝐮𝐦𝐞 𝐑𝐞𝐯𝐢𝐞𝐰 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 ✅ Connect with me for a 1-1 Session at topmate.io to level up your job search, click here to learn more https://lnkd.in/dVd43-au #BeAvailable #ResumeTips #JobSearch 

💥Successful project management requires a combination of skills, qualities, and tools. Here are some of the key factors that contribute to successful project management: 1️⃣Understanding the scope of the project: Before starting a project, it is important to fully understand the scope, objectives, and deliverables of the project. Clarify expectations with stakeholders and set realistic goals. 2️⃣Detailed planning: Spend time on detailed project planning. This includes defining tasks, assigning resources, estimating time, and creating a clear schedule. 3️⃣Establishing a competent team: Recruit and train a team with the right skills for the project. Encourage collaboration and effective communication within the team. 4️⃣Effective communication: Communication is key in project management. Establish clear communication channels and keep stakeholders informed of progress and issues. 5️⃣Risk management: Proactively identify and manage project risks. Develop contingency plans to address potential problems. 6️⃣Monitoring and control: Regularly monitor project progress compared to the plan. Ensure deadlines and budgets are met, and take corrective action when necessary. 7️⃣Flexibility: Be flexible and able to adapt to changes in the project. Agility is essential in a constantly evolving business environment. 8️⃣Project management tools: Use project management software to organize and monitor tasks and resources efficiently. Tools like Microsoft Project or Primavera Project Planner. 9️⃣Conflict management: Learn to manage conflicts within the team or with stakeholders constructively. Look for solutions that benefit the project. 🔟Proper closure: At the end of the project, ensure that all deliverables are complete and objectives have been achieved. Conduct a post-project review to learn lessons and improve in future projects. 1️⃣1️⃣Professional development: Stay up to date on project management best practices and seek training and certification opportunities. 1️⃣2️⃣Leadership: Develop leadership skills to inspire and motivate your team. A strong leader can make a difference in project management. 📌Overall, successful project management requires a combination of technical, interpersonal, and leadership skills, as well as the use of appropriate tools and technique. #Innovation #Technomogy #India

ADVICE FOR EVERYONE AT WORK !!! 1️⃣ Start building a home early—whether it's in a town or in the countryside. Waiting until you're 50 isn't the best idea. Avoid relying solely on company-provided housing. It's important for your family to have a comfortable home. #PlanAhead 🏠 2️⃣ Make time for family. Don't spend all your time at work. Remember, if something happens to you, work will go on. Family should come first. #WorkLifeBalance 👨👩👦👦 3️⃣ Focus on mastering your job and improving your skills rather than just chasing promotions. Stay positive about your personal growth even if a promotion doesn't come your way. #SkillDevelopment 💪 4️⃣ Stay away from office gossip and negative talk about your bosses and colleagues. Protect your reputation and avoid getting involved in harmful discussions. #PositiveVibes 🙅♂️ 5️⃣ Avoid competing with your bosses or colleagues. It won't end well for you. #Teamwork 🤝 6️⃣ Consider having a side business. Your salary might not be enough in the long run. #Entrepreneurship 💼 7️⃣ Save a portion of your salary automatically. It will come in handy. #FinancialPlanning 💰 8️⃣ If you borrow a loan, use it wisely for investment or to improve your situation, not just for luxury. Buy luxury items from your profits. #SmartInvestment 🛒 9️⃣ Keep your personal life private. Don't mix it too much with work. This is important. #Privacy 🤫 🔟 Be true to yourself and believe in your work. Avoid being overly attached to your boss, as it may isolate you from your colleagues. #BelieveInYourself 🌈 1️⃣1️⃣ Plan for early retirement. Start planning when you first get a job. The next best time to plan is now. Aim to retire between 40 to 50. #RetirementGoals 🎯 1️⃣2️⃣ Participate in work welfare programs actively. It can be beneficial in times of need. #TeamSupport 🤗 1️⃣3️⃣ Use your leave days wisely, focusing on building your future home or projects. It reflects how you'll spend your time after retirement. #FuturePlanning 🏗️ 1️⃣4️⃣ Start a project while you're still working. Let it run alongside your job. If it doesn't succeed, start another until one thrives. Retire to manage a successful project. #NeverGiveUp 💪 1️⃣5️⃣ Understand that pension money is for your well-being and health, not for new projects or luxury. Use it wisely. #FinancialWisdom 💡 1️⃣6️⃣ Strive to be a positive role model after retirement, not a cautionary tale. #BeInspiring ✨ Source: Neha Malhotra