Bangkok--21 Oct--The Aspen Tree
The Buddharaksa Foundation, in collaboration with The Aspen Tree, sponsored activities for Border Patrol Police personnel retiring from service in 2019 by sharing knowledge on 'Happy life after retirement', covering mental, physical, and financial well-being, to thank the police staff and help them adapt to retirement, living happily and valuable in society.
Police Colonel Prakit Yamanon, a consultant at the Buddharaksa Foundation, said "I am so grateful to all the retiring officials for their work for society and the nation. As a general public and have experience working in social assistance after retirement. I would like to be a representative of the people to show their gratitude for the sacrifice in protecting the nation and to encourage all of you to bring various knowledge which are useful to apply for a happy and valuable retirement lifestyle."
Ms. Hye-June Park, President of The Aspen Tree under Magnolia Quality Development Corporation (MQDC), said: "The company is honored and pleased to have this opportunity to share knowledge about entering a key phase of life and planning for physical, mental, and financial well-being and accommodation. Taking on a new role in life is another challenge that everyone should prepare for as much as possible, planning in advance to find solutions without panicking or losing self-confidence.
"The United Nations Population Fund (UNFPA) forecasts that Thais of 65 and over, currently 13% of the population, are steadily increasing as a proportion, and will reach 25% by 2040, making Thailand the first developing country to become aged society so we focus on studying the needs of older adults and developing The Aspen Tree to make them happy and healthy," said Ms. Hye-June Park.
( https://www.worldbank.org/en/country/thailand/publication/thailand-economic-monitor-june-2016-aging-society-and-economy)
Asst. Prof. Dr. Surat Tanprawate, director of the Geriatric Medical Center at Chiang Mai University (CMU) and CEO of ChivaCare Medical and Rehabilitation Center, summarized the health issues that require special attention. "These include Alzheimer's or other forms of dementia, bringing forgetfulness, interrupted routines, problems with language, poor decision making, and misplaced items. Diseases to be aware of include thin bones or osteoporosis, which is more common in postmenopausal women, resulting in reduced bone strength. It is crucial to avoid falls because of the risk of being incapacitated. Problems may occur with the vascular system and there is a risk of sexual dysfunction. These issues can be managed by choosing a healthy diet and performing exercise that requires flexibility, muscle strength, and an appropriately raised heartbeat for a period. Activities that keep you relaxed and cheerful and help you make new friends, building your community as you follow pastimes together, can help slow and alleviate symptoms. Importantly, if everyone prepare for a while before truly entering retirement age, it will benefit in all aspects."
Mr Taweesook Thammasak, an investment consultant at DTGO Corporation Limited, shared insights on managing finances after retirement. "Choosing a pension is worthwhile and will ensure you have spending money throughout life. It is the best choice in the current economy because money invested in a business, brings a risk of loss. As for liabilities, if there are any, these should all be eliminated as soon as possible. Do not create more debt and save up money for times of need. Do not help lineage too much or help until you run out. Do not bring money that must be used in everyday life to invest. If you are still burdened and have no other additional income. You must always remember that this retirement money is your last lump and the reward for working hard for a long time. Lineage or heirs should have an understanding of money management and take care of older adults, not be a burden on them at the end of their lives. In terms of investments such as buying land or gold or investing in stocks as well as additional investment studies To prevent financial risks. Cash in hand will decrease in value because of rising inflation in 2019-20. An overall understanding of financial condition during the economic downturn will help ease financial concerns, along with currency protection. By investing in various ways we can still add or maintain monetary value or gain another way of income, which may become an inheritance for our children, which is another important goal at retirement age and at the end of life."