Retirement Planning session for TN govt police

Dear friends:

A quick note to share some happy news. I am delighted to tell you that the Tamil Nadu government invited me to talk about retirement planning to police inspectors who are going to retire from service.
During the first session, held on November 20,2019, I was surprised that while these men in uniform take care of the safety of the public, they pay little attention to their investments. The questions were varied, some even laughable (“Do I need to take a cheque book to open a senior citizen savings scheme or do I need to take cash?).
Most of them had no idea about mutual funds, equity markets or about the need to make a will. Many asked if they could buy a house using their retirement proceeds as a way of getting a steady income (I told them that rental income provides only 2% return on investment and is a bad choice)
I realized that most lay people in government service think that cash flow will be steady and predictable in life. A few officers even told me that they avoided postings where cash plays a role in their work. In some cases they had even sacrificed professional growth for the sake of being transparent and honest in their work.
As a way of repaying my debt to the police officers for their selfless service, I have decided to offer my services to them free of cost or at a highly reduced rate for them should they want my services for wealth management.