In the book, Autobiography of a Yogi, Swami Pranabanandasays to Paramhansa Yogananda, ‘You know, I am enjoying two pensions.’ (Even yogis worry about retirement.)

One is a pension he receives from Indian Railways for the work he did. The other is the pension he receives from God for his spiritual work.

As a yogi, his life is spent in meditation and discourse with his disciples. This is what he chooses to spend his time doing, spend his life doing. But he can do this because he has a pension that supports him – a retirement plan.

Surveys show that more than 75% middle class working population between the ages of 25-35 plan to retire financially before they’re 50

Generally, why we don’t start working for our retirement is because of these following myths:

1) I won’t need as much money when I retire.
2) My tax-bill amounts will be lower after retirement.
3) Insurances and Medicare will be enough to take care of my health. Paying off debt and kid’s education fee should come before investing for retirement.
4) I’ll have to support only me and my wife after retirement.
5) I can look for another job whenever I will need extra fund.
6) I can even get financial help from my kids in old age.

You are looking for these reasons to hide your ignorance towards your financial future as these are just myths not the truth.

You have to believe it, creating wealth for a secure, early retirement is actually very simple….on papers.

The equation for financial success is a function of just three easy-to-understand principles: