Who on this Earth would be able to work at the age of 60 which is usually called as the retirement age? Then what is that you would do for your expenses that are likely to increase at this age. It is not only that your medical expenses would shoot up but the cost of living would also increase by the time you reach the age of sixty. You hardly would be left with anything if you are a person to live on salary. Having done enough of work you would not have any energy left out in your body.
Who knows if the regal assets that you buy now would help you in your old age. Definitely, not even your children would be able to look after you as they would be busy with fighting for their own survival and bringing up their family. There is no wonder that you would be very much silent looking at their struggle. In fact, you would also feel sorry for not able to help them for overcoming their difficulties. So, where is the scope for you to ask them for your expenses?
This one reason would suffice that you be alert in doing proper planning for your own expenses that are likely to shoot up in your old age. You should and must know what the regal assets are and how you could invest in these assets. Spending one day to know about this and spending monthly a little on them could definitely help you live peacefully in your old age. No wonder, what comes in your way, you should be committed to self that you would not withdraw the money invested in these assets to meet your expenses though these expenses might be a onetime expense.