Title: Mindful Retirement
Author: Kiran Telang
Publisher: TV Broadcast Ltd.
Price: Rs 399/-
One of the first thoughts that come to the mind when one hears the word retirement is finance. And, a book on retirement by a practising financial planner has to be about investment.
The book comes as a surprise on both the counts. It makes one realise that retirement should not be looked at only from the monetary point of view. The book establishes the fact that, finance is one of the many important aspects of retirement and all the aspects, including finance, deserve equal importance.
This book is for both working as we well as retired individual. For working people, author lists the surprises that life can throw at them post-retirement. The list will undoubtedly help an individual to plan better for his/her retirement. For retired ones, the book will work as a guide to take a corrective course of action.
The book opens with the line “When we speak of retirement, most people invariably relate it to money and health – two inevitable aspects of that golden phase of life. But, these are only the tip of iceberg. Beyond these two factors, there are so many other facets that are never thought of. Even with respect to health and money, not many delve deeper. Besides, there are many emotions associated with this part of life that people find difficult to anticipate and talk about.
The author Kiran Telang has succeeded in looking at the retirement in a holistic manner. In eight chapters, ranging from expected topics, finance and health, to unexpected topics like spirituality to emotions, have been covered. The subsections of the chapters are short and make reading interesting.
There are engaging nuggets of history thrown in between, like the formal system of pension was established in India by Royal Commission on Civil Establishments in 1881 and Public Provident Fund was introduced in 1968, etc. The high point of the book is when author talks about giving back to society. Giving back is not always in terms of money and helping grownups. Author points out:
“The society is losing so much of traditional knowledge. It will be wonderful if we could preserve this knowledge in some manner. The best way will be to bring together different generations…in return the seniors can bring to the table skills that are beyond the school curriculum like story-telling, traditional regional cooking, traditional form of art…” It is heartening to see the book, the author making some concrete suggestions.
Kiran Telang has good understanding of Indian culture and values and has integrated the same in the book seamlessly. The book covers many aspects of retirement over and above finances and gives a holistic perspective of retired life. She also deserves credit for doing so with ease and aplomb. For the greater good, the book should be published in a paperback edition so that it can reach a wider audience.