passive income and retirement planning

Our readers might call back the retirement planning, where we have mentioned about the passive income. Let us all move to the ages nearing retirement. Whatever your age might be, wear the shoes of the retirement phase.

There are three types of people in retirement

1. Retirement with no corpus.

2. Retirement with a few corpus.

3. Retirement with a passive income.


Unfortunately, people who retire with a huge corpus of 5 Cr or more, and people with passive income are less than 10%.


Retirement is not meant to quit all kinds of income and enjoying the rest of life. You should be getting cash flow into your corpus even after retirement. It is the period to quit from rat race and following your passion.




JOB is meant to be Just Obey the Boss. In the job, you can’t do anything without your boss’s permission.

The boss should be the main person deciding all in terms of your career. Even you can’t communicate to your General manager or managing director, with your intuitive ideas. It has to route through proper channels.

Almost, 50% of the employees are unhappy at their Job says statistics in The other 30% of employees are in Job for commitment. The other 20% are really loving their Job.

So, most people are looking for part-time jobs, side hustle, and startups. Fact says almost 80% of startups don’t have their business for even 5 years.




The retirement life can be started even at the age of 30, 40 or 50. It is completely dependable on one’s interests.

People try to work till 60, only because they still any commitments to do.

In the early ages of career, they should have missed on retirement planning.

The best period to retire is at the age of 45, and follow your dreams or passion.

The only way to retire at the age of 45 is by saving 30-50% of monthly income and investing in an Index fund for 20-25 years (from age 20-45). Which will create a huge corpus of nearly 5 crores.

So, at age 45 you can retire and you can follow your passion and create a passive income.




1. Investing the retirement corpus:


I won’t like to quote a book “who moved my cheese” by Spencer Johnson. The main theme of the book, is two rats travel towards a factory where they find a bulk cheese. Both the rats decide that they don’t need to work for food as cheese is available till life end.

Hence, they eat the whole cheese day by day. One day both the rats find there are only few stocks of cheese available. They think someone is stealing their cheese and decide to check who is taking their cheese. They become the guard to save the left amount of cheese.

They have forgotten that the cheese has vanished due to them. The fault was they didn’t work to earn more cheese and wasted all the time in safeguarding the remaining cheese.


The key point to take from the story is,

1. After creating a corpus for retirement life, it is important to be invested. So, there will be some income from the investment.

2. You should not just spend all the corpus without adding money into it.

3. Don’t live like those rats. You have to create a source for passive income or you have to invest in securities like debt funds, index funds, or bonds.


2. Creating Income from Business:


Basically business means, having 300+ employees working for you. They are been paid for their skills and time.

A business is something that should be started with zero investment and using your skills. You have to be started as a side hustle.

Freelancing on weekends, thereby making income and reinvesting in the business to develop.

Creating a strong foundation for the business, then attract investors to invest. This will be the way forward for making more employees work under you.

So, you will just be managing your company, and people will be working for your dream.

This process will never quit and you will be earning income even after your ae 60. You can transfer the business managing to your children directly. But in a job you can’t.




·       It is very important to have a passive income in your retirement life.

·       There are majorly two types you can do get passive income. Investment and your own business.

·       Don’t be like the rats which just spent the total cheese they had.

·       Job can’t provide you a sweet retirement, and there is no passive income in the job.