Have You. Ever Given. a Thought

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Barry Hawkins
6 years ago
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Have You? Ever Given a Thought Electricity bill of ` 1,500/- per month now will cost ` 8,150/- 25 years hence for the same units consumed at 7% inflation assumed per annum.

1 Have You? Ever Given a Thought Electricity bill of ` 1,500/- per month now will cost ` 8,150/- 25 years hence for the same units consumed at 7% inflation assumed per annum. A dental procedure costing ` 5,000/- now will cost ` 27,000/- 25 years hence at 7% inflation assumed per annum. Only 12% of the working population has access to some form of retirement benefit which may not be adequate either Are you amongst the 88% who are not? then read on...

2 Retirement Planning is not just about retirement. Retirement Planning...now more than ever! India has a vast majority of population which does not have access to credible financial advisory services or are covered under a formal retirement income plan. As times change, the socio-economic landscape in India is undergoing a rapid change owing to the below factors: Increasing earnings, growing aspirations & changing lifestyles Traditional Joint family system giving way to Nuclear family system Inflation and its impact on cost of household items, healthcare, education etc. Increase in Life Expectancy It is evident that our needs are growing and their fulfilment will only get more and more expensive with time. And with the joint family support diminishing, it is You who needs to plan for what lies ahead. Retirement planning is the process of planning and managing your shortterm and primarily long-term finances to help achieve your financial goals both during your working years and retired life. In Indian context, retirement can only be achieved after a person has fulfilled his responsibilities towards his family (children's education, wedding etc.) and hence retirement planning is not only about planning for a secured and financially independent retirement but also entails planning for these key life stage goals. It also necessitates providing protection against future uncertainties & events so that the achievement of these goals is not compromised. It is not just about wealth accumulation during your working life but also about how you utilize it during the golden years. Infact Retirement Planning is a one-stop medium to achieve all your financial dreams!

3 It is a Complex Process The key purpose of Retirement Planning is to address your long term needs. In order to achieve this, it is essential that one adopts an exhaustive approach towards understanding one's financial position, risk appetite, life stage goals & commitments. Consider Investor profiling and Asset Allocation for example. They are the two most critical aspects of retirement planning as they influence the success of your plan more than anything else. Needless to say both these decisions have to be based on thorough & time-tested models But it does not end with planning. Planning is one thing and executing the plan is another. You need to make investments as per the plan and then monitor it for any course correction - regularly with discipline & throughout your lifespan! Thus, retirement planning is a far more complex process than it may seem and requires a 360 degree approach. Something that only a wellmeaning, well-equipped and knowledgeable Retirement planner can help you with What to look for when choosing a Retirement Planner? Quality and tenure of his/her work experience, qualifications etc. Services offered and approach to building a financial strategy etc. Costs of working with him/her Whether he/ she listens to you, respects your opinions, explains investments in terms you can understand? Does he /she have a long term approach and is offering a personalized solution? Is he/she offering you advice or trying to sell products which are available to him? Whether he/she suggests consulting other professionals in areas where he/she does not possess the expertise?

4 That is where We come in! Principal Retirement Advisors Co. Pvt. Ltd. is a first of its kind, retirement solutions specialist in India offering advisory services to the clients. We are part of the Principal Financial Group Inc, a FORTUNE 500 Company and world leader in retirement solutions. Retirement planning has not been offered as a holistic solution aimed at enabling people attain their financial objectives both pre & post retirement. We at Principal Retirement Advisors offer a one-stop solution to help you achieve your key life stage goals and a financially independent & secured retirement. This through a network of dedicated financial professionals - Principal Retirement Planner (PRP) who will deliver the entire gamut of solutions that we offer. So whether it is planning for your child's future or for your retirement or be it securing yourself against unforeseen events, our PRP is the all-weather friend whom you can rely & trust over your life span. Through our core values of Customer Focus, Financial Strength, Integrity, Operational Excellence & People Development, PRP helps deliver our vision of helping you achieve your financial dreams. How is the Principal Retirement Planner different! PRP is different from other advisors in more ways than one A life planner delivering solutions and not a product pusher Will deliver solutions catering to entire life-stage needs both during the asset accumulation stage and the pay-out stage An entire bouquet of life planning products available and offering not restricted to specific company products Access to a comprehensive retirement planning platform and state-of-the-art tools & technology Backed by strong product & investment research

5 The disciplined approach to planning One of the keys to successful investment & retirement planning is to follow a systematic & disciplined approach. This is easier said than done & requires long term commitment on your part. Our PRP helps you approach this through a comprehensive methodology enabled by our state of-the-art Retirement Planning Platform and time tested, research driven profiling & asset allocation models. Periodic Monitoring and Rebalancing Investment Allocation Strategy 5 6 Asset Allocation 4 Risk Profiling 3 Analysis of current financial situation Identifying your financial & retirement goals. 1 2 Not just investment advice, we ensure that you are adequately covered through proper insurance so that your goals are not compromised due to unforeseen events. Also, we help you with actuarial estimate of your post retirement expenses and provide tax efficient payout alternatives during your golden years Combine this to our wide range of products (Mutual Funds, Insurance, Gold Exchange Traded Funds, Savings schemes etc.), in-depth research & tools PRA is the knowledgeable EXPERT you are looking for!

6 We are there for you irrespective of your life-stage No matter what stage you are at, we will help you Starting out (Far away) If you haven't thought about retirement and other important life-stage milestones yet, don't delay it any longer. Start with the basics. Planning retirement If you have already started planning for retirement & your key life stage goals, find out (10+ years away) where you stand. Review your retirement plans with us. Nearing retirement If you're nearing retirement, find out if you're ready to retire now. Prepare for what's (5-10 years away) ahead with us. Already retired If you're already retired, make sure you're maximising your retirement income. Make your savings work for you. We will even help you plan for your life events Getting Married Becoming a Parent Buying a Home Changing Jobs etc.

7 A name you can trust We, Principal Retirement Advisors, are part of one of the world's leading financial services organizations and a member of the FORTUNE The Principal Financial Group (The Principal). From the beginning in 1879 as Banker's Life, The Principal has grown to become a globally diversified family of financial services companies. All with one common philosophy: to help individuals, groups and businesses achieve their financial goals. About The Principal Financial Group* A leading global provider of retirement & investment services Largest 401(k) provider & 11th Largest Life Insurance Company in the US Listed on NYSE (Symbol PFG), constituent of S&P 500 since July 2002 Offices in 18 countries across Asia, Australia, Europe, Latin America and America 19.4 million customers & 14,800 employees world-wide Assets Under Management USD billion Manages Assets for 10 of the Top 25 pension funds in the world Ranked 298th on Fortune magazine's Top 500 Corporation List - May 2014 Ranked 528th on The Forbes Global 2000 list - Apr 2013 Consistently Ranked as one of the Most Ethical Companies by Ethisphere Magazine * Data as of or for the full year ended June 30, 2014, unless otherwise specified. For latest and additional information, please visit

8 DELIVERING YOUR through EXPERTISE, INTEGRITY & FOCUS (A member company of Principal Financial Group) Regd. Office: Exchange Plaza, B Wing, Ground Floor, NSE Building, Bandra Kurla Complex, Bandra (E), Mumbai JUL/14/Ver 1.0

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