How to Manage Your Personal Finances – Retirement Capital Requirements

Many articles have been written about the subject of retirement planning and there are many books published by experts on this very important issue. I have just recently joined the fold of the retired group and I have been through the mill (so to speak) of planning and implementing my retirement plan in it's initial phase. It is this, the initial phase, which I would like to concentrate on in this article.

So, how do I plan my retirement date?

Most companies have contractual dates for retirement. For example, retirement ages could range from 55 years old for early retirement to 60 years old for Directors to 65 years old for operational staff. These dates are generally a guideline since companies do exercise some flexibility when applying these parameters. However, each individual should be using these parameters as a benchmark and then build a projected financial model to see if they are adequately provided for in retirement. Note: The use of a financial advisor is highly recommended in this planning process.

Since the above guidelines, your retirement date is in fact flexible provided that you can satisfy the golden formula which is expressed as: "Accrued income plus passive income must exceed your current cost of living plus an adjustment (up or down) for lifestyle choice in retirement plus inflation projections and sufficient liquid cash for emergencies ".

Let's face it, the thought of early retirement is in the minds of all of us but if you can not afford it, you are heading for suicide.

Let me expand the golden formula as follows:

  • Accrued income is the monthly pension or income that you can derive from your pension accumulation through your working life. This figure will be provided to you by your pension fund or your investment institution.
  • Passive income is income from investments that you made through your working life. Here you consider regular income from property investments, equity investments, dividends, savings interest, business partnerships and any other form of reliable income which you will derive on a monthly basis.
  • Current cost of living is the full annual cost of your current lifestyle. Be extravagant in estimating this figure and be sure to include everything that you incur as a cost.
  • Adjust your retirement requirements up or down depending on your circumstances and your intended lifestyle in retirement.
  • Make adequate provision for injury during your retirement years. Your financial advisor should project your retirement capital adequacy over your expected lifespan.
  • Ensure that you have a 'nestegg "of cash available for emergencies such as buying a new car, unexpected medical bills, renovating your house, helping your kids, taking some holidays and anything else which is relevant to your situation.

I spend many hours pondering the above elements and I suppose it is only natural to be very conservative about whether you can actually go ahead and retire. Assuming that the criteria for the golden formula are met and in order to make the decision a little easier, the following points are highly recommended:

  • You should have no heavy debt burdens. Your mortgage should be paid off, your car hire purchase agreements should be settled and you should have no major debt commitments. In fact, you should be able to live from cash out of your wallet.
  • Your "wish list" for your activities in retirement must be catered for in your planned expenditure.
  • You must not have any plans that requires you to erode your capital base.
  • You need to be sure that your monthly income is pretty secure and you need to have alternative plans if for some reason, your monthly income drops.
  • You need to be able to save some of your retirement income monthly just to prove that you are coping.

In this planning exercise, you need to budget for everything that you want in retirement. Once you have taken the step, there is no turning back if you are serious about retiring. You also do not want to find out that you can not afford some of the things which you had in your vision.

In conclusion, the most important factor in planning your retirement is to ensure that your life partner (if appropriate) is fully informed and on board with the plan and that you create a mutual acceptance and arbitration about your future in retirement.

The above article is created to stimulate thought on your own unique circumstances and you need to tailor your plan accordingly.

Teen Issues – Pads, Liners, and Liners

Once you begin menstruating, you'll need to use a pad, tampon, or both. You may want to use only pads, only tampons, or both. Most girls find it useful to use pads during days of light flow, or when their period first starts. Tampons are usually used during times of heavy flow, or while swimming and other physical activities.

Liners: A thinner pad designed for days of lighter ministration.
Pad: An absorbent piece of material worn by a girl while she is menstruating, to absorb the flow of blood from the vagina.

Instructions: The following are general instructions on how to use disposable pads.

1. Remove the pad from its wrapping.

2. Remove the paper backing from the back of the pad (and wings if applicable).

3. Pull panties down to access crotch area.

4. Firmly press the pad into the crotch of your panties (middle area which Touches your vagina) quilted side up.

5. Change pads every 4-6 hours. Also change your pad if you feel leaks, or it becomes uncomfortable.

Tampons: A tampon is a disposable plug that a woman inserts into her vagina during her menstrual period to absorb the flow of blood.

Instructions: The following are general instructions on how to use disposable pads.

1. Sit or stand in a comfortable position, you can try propping your foot on the bathtub, or toilet seat. Be sure to relax, this will make insertion easier. Hold the tampon by the larger tube with the string away from your body.

2. With your other hand pull back the skin around your vagina, and position the tampon in the vaginal opening.

3. Gently push the tampon into your vagina until the outer tube is completely inside your vagina.

4. Once the outer tube is inside, use your index finger to push the inner tube through the outer tube.

5. Once the inner tube is inside, use your thumb and middle finger to remove the outer tube, leaving the string hanging outside of your vagina.
Removal: To remove the tampon site on the toilet, and gently pull the string until the tampon is out.

For more information about teen puberty, please visit http://www.myfirstbra.us .

Everyday Tips for Weight Loss

Whether it is for wedding season, festive season or just to be healthy, everybody wants to lose weight and look fit. Unhealthy lifestyles often include a lot of junk and oily food along with very little or no exercise. Sitting in your work chair all day can cause all the fat’s to accumulate in the lower part of your body, thereby concentrating on your thighs and hips. Flab in the hips and thighs is basically known as cellulite. Cellulite is firm and can prove pretty difficult to get rid of. Here are some tips on how to reduce hip fat:

1. Drink Water

This solution looks like it won’t make a lot of difference, but it plays a significant role in controlling your weight. There is a reason why all health experts emphasize on its importance. Water purifies your system and releases unhealthy toxins off the body. It also boosts metabolism, thus increasing the pace of your weight loss journey. It’s recommended to consume at least 8-9 glasses every day for one to stay healthy. You can also squeeze some lemon juice in your water for added benefits.

2. Reduce Sugars

Limit your consumption of sugar in the form of chocolates & sweets. Sugar is a direct form of fat and the primary reason that causes flabby hips. Replace your sweet cravings with fruits instead. Soft drinks and aerated drinks are just as much loaded with huge amounts of unhealthy sugar. Chucking these out absolutely is an easy way to lose weight from your hip area.

3. Exercise

One of the most important tips to reduce weight is exercise. Regular workouts are necessary for trimming flab and controlling fat accumulation. Exercises that focus on maintaining the cellulite in your body are generally more intense and require more efforts. You should ideally workout for at least 30 minutes every day. Your daily workout must subsume exercises like squats, sit-ups, crunches, lunges and hip raises in variety of counts and orders. These exercises concentrate mainly on proper shaping of your hips and thighs. They are highly intensive and should be combined with cardio regularly. Also, you can fasten blood circulation and boost metabolism, effectively burning fats by brisk walking, jogging and running.

4. Control Calories

Stay away from junk and processed food like the plague! They have very little to no nutritional value and contribute absolutely nothing towards weight loss. They are the superfluous calories that slow down your path to healthy goals. Make sure that your meals always include green, leafy vegetables to improvise your nutritional intake. It must also contain proteins and vitamins in more quantities than carbohydrates and sugars. Prevent snacking as much as you can. Don’t eat all the time, instead, eat fulfilling meals so that you can keep frequent hunger at bay.

5. Yoga

Stress is usually known to be a cardinal factor in weight gain. Yoga & meditation help in calming your nerves & stabilizing heart rate. If you are running short of time to go through a yoga routine every day, the least you can do is ensure doing a breathing exercise for a few minutes in the morning. A relaxed body is definitely a healthy body.

Fitness is going to be a long journey full of a healthy diet and exercise routine. Constantly keeping a check on what you eat and maintain of a proper workout regime is the best way to maintain healthy and recommendable weight. Hips may be a tough area to trim, but with the correct mindset, dedication & determination, a slimmer waist is all yours. So plan your fitness journey accordingly and go ahead to that wedding function or vacation with a fitter version of you!

Mental Health Supplements

Most people, who suffer from depression, also suffer from anxiety disorder. In fact, anxiety and depression are the most common types of mental health issues. The cause of these disorders is due to chemical imbalances in the brain. There are prescription drugs that a doctor can prescribe to help lessen the effects of depression and anxiety. These treatments can provide relief, but there are also alternatives. Many individuals have had success with using mental health supplements. Some individuals rely on 100% mental health supplements for treatment, while others use health supplements in addition to prescribed medicines. Before choosing to take mental health supplements for depression or anxiety, be sure you first speak with your physician.

Omega-3 fatty acids are an excellent way to help with symptoms of depression. There are many ways to increase omega-3 take. The most common way as with fish oil supplements or you can take flax seed oil supplements. The reason why this is an effective therapy for depression is due to the eicosapentaenoic acid, which is found in fish. For people who are depressed, they tend to have lower levels of eicosapentaenoic acid.

Often found in research on mental health supplements, is the suggestion of increasing amino acids. When people suffer from anxiety or depression, lower levels of amino acids are usually found. Some doctors specialize in amino acid therapy. Therapy may or may not be needed, but you can find many amino acid supplements available on the market. When taking amino acid supplements, patients tend to notice an increase and improvement in mood.

Studies show that patients who suffer from depression also have vitamin B deficiencies. Vitamin B is important because it helps with mood regulation and brain function. Taking a daily dose of vitamin B can help lower the symptoms of depression.

When researching for mental health supplements you may come across one named SAMe – otherwise known as S-adenosyl-L-methionine. You can find SAMe easily as it is available for the dietary supplement. This chemical, S-adenosyl-L-methionine, is made by the liver and helps produce neurotransmitters. When taken as a supplement, it improves the conditions of depression.

For an herbal extract, the most widely used is St. John's. John's wort. St. John's wort is best to use in cases of mild to moderate depression. For anxiety herbal supplements, there is passion flower, kava kava and magnolia bark. An Herbal treatment that is good for both anxiety and depression Ginkgo biloba.

Once again, it is important that you first consult your physician before you try to use mental health supplements . This is especially true if you are already taking prescription medines or over-the-counter medications. The reason for this is that some of these supplements can have an adverse reaction to certain medicines.