The latest news on retirement is that it's a very expensive luxury. Maybe your grandparents seemed to lead a blissful existence David Bingham USA Jersey , with Grandad happily pottering in his greenhouse and Grandma having plenty of time to enjoy hobbies and planning their days out. Times have changed and reality has kicked in.

The fact is that recent figures show that an average twenty year retirement would typically cost in excess of 400,000 pounds. The figures have been worked out based on a couple where the man retires at 65, with an expectation of living to 85. Even more scary is the fact that if the couple make it to 100 Darlington Nagbe USA Jersey , which is not so unusual these days, their retirement costs will come to nearer one million pounds.

These calculations show a far higher cost than the vast majority of people are able to achieve. Research shows that most people's pension pots are sufficient to generate up to 1,500 pounds per year. Some people have more than one pension however. With the minimum income which is guaranteed through pension credit being currently around 200 pounds per week there is likely to be a major shortfall. When people currently retiring were at the start of their careers and buying their first houses DaMarcus Beasley USA Jersey , an average semi-detached home could be bought for around 4000. The thought then of needing a retirement income of three times this amount per year would have been thought laughable.

A spokesman for one of the major pension companies quoted "People are living longer, healthier lives. This is great news, but only if the have the finances in place to really enjoy their post-career years. The combination of rising life expectancy and the impact of inflation over time can have huge financial implications and for the first time we can see the scale of these trends."

It seems that a person in their mid 50's at the present time has a 25 per cent chance of living until they're 95. This is really good news Clint Dempsey USA Jersey , but that's an awful lot of retirement to fund. Obviously spending patterns will change over the years. Recently retired couples tend to spend a large chunk of their income on holidays which they have time to take at a relaxed pace, without the call of the office and time limits to consider. Transport and eating out will eat up a fair proportion of the income.

As the couple age, a higher proportion of income will go on changed housing needs Christian Pulisic USA Jersey , power, fuel and food, with slightly less being spent on leisure and holidays. By the time the couple reach their 90's the major costs will be related to housing Chris Wondolowski USA Jersey , power and fuel. It seems that 92 is the peak age for spending. This is still an awfully long way off for someone aged 50 at the present time and there's a lot of money to be spent in getting there!

If these statistics come as something of an eye-opener, maybe it's time to think about your own retirement plans. Don't put it off - sticking your head in the sand now can do nothing but cause more hassle in the future.
Shimla once a part of Nepal. But in a was of 1814 to 1816 between Nepal King Prithvi Narayan Shah & East India company it became a part of India, after a treaty signed between them. Himanchal Pradesh has many cities like Almora Chris Pontius USA Jersey , Pathankot, Kumaon Gharwal, Simur Bobby Wood USA Jersey , Dehradun and Kangra all became the part of India after the war. Shimla was known for Hindu temple of Goddess Shyamla Devi at that time. But now it is a well known tourist centre. Tourist from all over the world book happily for exploring scenic Shimla and also visit many other places of Himanchal Pradesh. It is a cool place not away from burning plains, so people from nearby places enjoy this ‘Queen of Hills’ and thus in summers Shimla happen to be most crowded hill station. Once a Britisher’s Prime choice since 1822 Shimla became the centre of attraction for many higher authorities like Governor General and viceroy.


Shimla once a habitat of villagers in “Upper Bazaar” was cleared by a fire. The native were forced to live in lower and middle bazaar, thus in upper bazaar many buildings were build up. The Upper Bazaar is planned for the esteem end to become the centre of the European Town. Book Shimla visit as it is connected by railway line from ‘Kalka’. Railway line was constructed in 1906. This railway route is a pleasure in itself as it has 103 small and big tunnels and connected with 806 bridges with high quality engineering and is know as “British Jewel of the Orient”. Shimla having a soothing climate and thus being desirable by the (Salanies) tourist. In 2008 it became part of the UNESCO World Heritage site mountain railways in India. Shimla was the capital of Punjab in 1871 till Chandigarh named the capital of Punjab. In the year 1971 Shimla become the capital of state of Himanchal Pradesh. Shimla is located in the North Western ranges of Himalayas. At an altitude of 2397.59 meter above sea level. Main attractions in Shimla are Jakoo Hills 2454 Meters (Altitude above sea level) and pre independence buildings like vice regal Lodge Blank USA Jersey , Auckland House, Gorton Castle, Peter off House and gaily theatre.


The main spine of Shimla is the mall during peak season for the tourist the people of Shimla known as Shimlaites celebrate a variety of festivals are celebrated in summer visitors enjoy there traditional festival during their visit for the enjoyment of the ‘Kufri’ is a Ski resort mainly visited during winters with a sight of snow fall honeymooners and tourist never want to miss this opportunity so booking is in full swing during winters and summers. Shimla surrounded by ‘Tatta Pani’ just 55 km from Shimla is the name of “Sulpher Spring” knows for curing skin discnees at the banks of Satluj River. Fancy dress competition and ice skating competitions are the main attraction for the sports loving persons.