Animal Policy Group, LLC’s Post

What creative phrase can you think of to replace “retirement years?” (And please don’t say the “slow-go” years!) I predict that in 30 years- if not before- people will think of the words “retirement years” as being rather antiquated. The thought of retirement parties, gold watches, and pensions already seem so for many people. Unfortunately, over this same period of time an increasing number older adults will seek continued employment because they need to, while others will do so because they want to. And of course many will lean into more #volunteer service and #communityengagement. Either way, “#retirementyears” in the traditional sense will apply to fewer and fewer people. #wellness #healthyaging

Typically, we tie our pension to income. What about tying it to expenses instead through VAT rebate? Tying it to income reduces the ability of workers in the informal sector or non-salaried workers to save and contribute effectively for their pensions because of the lack of regular income streams. We have been wanting to address this issue by reducing the informality in our economy but this is ever more challenging with the rise of gig workers and freelancers, etc. What if we tie “informal” workers’ pensions to expenses instead? The government could save a portion of the VAT that workers pay on their expenses and rebate the amount as their pensions when they retire. In the case of Thailand, this could supplement the existing universal old-age allowances which could be tapered off for higher income quintiles as VAT rebate pensions for them would be proportionately bigger. Our WB pensions team is exploring this and I’m excited at the prospect. My interview with the Resources (in Thai) explains our thinking a bit more in detail.

Let's talk 💚 Allow me to help you plan ahead with your retirement. Send me a message

🔍 Recent findings from Super Consumers Australia revealed inaccuracies in some super calculators, showing how important transparency is in the super industry. At Brighter Super, we’re all about helping our members plan for the future with confidence. That’s why we’re excited to launch a new retirement tool soon that lets members map their own unique retirement journey. #StayTuned Everyone’s path is different, and we’re here to make sure you’re on the right one. #Superannuation #RetirementPlanning #RetireYourWorries #BrighterSuper #MemberExperience

Few experiences can compare to a well-deserved vacation. But budgeting for that relaxing getaway can be stressful, too. Read the full article here: https://bit.ly/4h0XHsb #financialplanning #personalfinance #travelbudgeting #vacationplanning #CFP #QAFP

What's so good about retiring in Minnesota? Is it the winter snowfall, the marvelous lakes or the tax benefits for older adults? None of it actually! Rather it's the towns of Minnesota that stand out as gem of a find for seniors who are looking for a remote retirement in the calm of nature... But if you need convincing (and can handle the winter there), then click below as we have listed the best retirement towns Minnesota has to offer to older adults! Click below to learn more! . . . #retirementplanning #retirement #seniorliving #seniorcare #retirementcommunity #seniorlivingcommunity

Thinking of Retiring Early please watch my views on early retirement and see if you still want to retire early https://lnkd.in/gUyb4XRq

Few experiences can compare to a well-deserved vacation. But budgeting for that relaxing getaway can be stressful, too. Read the full article here: https://bit.ly/4h0XHsb #financialplanning #personalfinance #travelbudgeting #vacationplanning #CFP #QAFP

Are you ready for a modern-day fairy tale? Let’s dive into the story of 'The Fisherman and the Sea' and see how it ties into the world of Registered Retirement Savings Plans (RRSPs). If you haven't already set one up, it's a smart addition to your financial portfolio. Not only can it help you reduce your taxes today, but it’s also a powerful tool for securing a comfortable retirement tomorrow. 💰 #monicaweissmann #RRSP #retirement #retirementgoals #retirementplanning #financialadvisor

How to decrease your cost of living by retiring to Europe