But,
there are very few fortunate average middle class
people who succeed in retaining the shelter till the
end. Building a house has now traversed from dream
to reality for majority of the middle class Indians.
Thanks to the financial organizations which made the
process of getting loans easy. Yet, we spend our whole
life in paying the Equated Monthly Instalment (EMI).
At the end of our work life, when we take a sigh of
relief after becoming a proud owner of the house,
other old age and retirement problems slither in.
One of them could be insufficient pension leading
to financial dependence also.
Traditionally,
in India, parents permanently stay with their children
as they grow old. This concept is changing slowly
as the parents, today, want to be independent in the
retired life. Moreover, work opportunities are forcing
the children to opt for far off lands in pursuit of
their own dreams and challenges. This trend has become
quite common these days. In the twilight years of
life, one may find it difficult to keep pace with
the rising inflation due to insufficient inflow of
funds. The income at this stage does not maintain
an upward trend to take care of the needs. |
