Industry 4.0 – The Industrial Revolution Continues

It is becoming a matter of common knowledge that we are in the midst of a fourth industrial revolution, alternatively referred to as the Industrial Internet or Industry 4.0. This circumstance resulted from the usual combination of capability and need, and as usual, participation will not be optional.In each previous period of revolution, companies that wished to remain competitive in the marketplace had little choice but to embrace the march of technology and leverage the same revolutionary tools employed by their competitors. In the late 18th or early 19th Century, when Jim’s Widget Factory down the street bought a steam engine to power his production processes, how could you hope to keep your widget factory afloat? No clever re-organization of your business processes or motivated personnel could ever hope to compete with a steam engine. The reality is you had to get one too.The same holds true when you move into the next period of revolution (Industry 2.0), marked by the introduction of the moving assembly line and electrically-powered production. Obviously, it didn’t happen overnight, but when your toughest competitors began to employ this new technology, there was no way to pretend your comparatively slow manual assembly line could ever hope to compete. The inevitably ubiquitous nature of these technological advances is exactly what made them “revolutionary”. Flash forward to the advent of the microchip and personal computers – Industry 3.0 – and an obvious pattern emerges.

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Industrial revolutions don’t just affect the few companies that have the resources to leverage the new technologies; they affect the entire industry. Whether you and your organization choose to embrace the revolution or ignore it, there is no way to stop it and there is no way to shield yourself from its influence on the marketplace.So, What is Industry 4.0?The latest industrial revolution centers around the new world of smart, connected objects. This is the realm of autonomous factories and self-healing machines. This is the world depicted in the science fiction of the mid-twentieth century. Through the convergent development of advanced computing power, sophisticated network technology, sensors, robotics, and analytic techniques, we are seeing the integration of systems both vertically and horizontally. We are seeing machines communicating with other machines and making decisions based on real-time data. We are entering a time when new rules are emerging and business processes are being evaluated anew. Much in the same way that previous revolutionary advances forced themselves into the awareness of business owners and managers, the time has come to face reality of the industrial internet.Of course, a unique thing about this fourth industrial revolution is that its benefits extend beyond the marketplace. Whereas previously advances were made by increasing the scale or speed of production, the new paradigm focuses on increasing efficiency, reducing resource consumption and eliminating waste to find opportunities for greater profit. The new industrial landscape of smart, connected devices will incidentally lead to a cleaner, safer, more sustainable planet.

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Industrial enterprises that have embraced the new paradigm have seen measurable results. Real-time consumer data is helping companies be more responsive to the needs and expectations of their customers, and helping to eliminate gaps between supply and demand. Predictive analysis is helping to reduce maintenance costs and incrementally improve production processes through systems of continual improvement. A plant floor machine can now be aware of its current condition and environment and make decisions about its operation – or even the operation of other machines.The fourth industrial revolution is every bit as revolutionary as the previous three, and the evidence surrounds us. We are living in a smarter, connected world full of “smart” cities full of “smart” buildings, and this is only the beginning. By 2020, what we now call Industry 4.0 will be known simply as ‘industry’. Where will you and your business be?

Green Real Estate Education Presents a New Era Coming to the Industry

Real Estate Investors can see a new era coming in the green revolution. It is no longer business as usual. Years ago, all professions in real estate were forced to become part of the information age, a new information revolution. Fifteen or so years ago, in many areas hard copy paper descriptions of homes for sale and lease and commercial properties were hand delivered. When the information highway came about, computers delivered property information and allowed people to access public records and tax information, providing up-to-date statistical property reports.We now look to the next 20 or so years from a real estate investment standpoint. In an age where values are declining, it is time to know why green can cause a major shift in a buyer’s decision. A selling price is and always has been what a buyer is willing to pay. Well, thanks to the media — through newspapers, websites and TV, especially HGTV and other stations — education for consumers is being offered. The days of accepting a piece of real estate with the the risks of unhealthy indoor air quality are becoming fewer as consumers become educated.

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Through our company, Green Real Estate Education, those in the industry have a green certification program that close to 5,000 now see as an excellent first step to understanding why green building is growing so quickly. Green Real Estate Education is educating those professions such as Real Estate Agents, Home Inspectors and Mortgage Professionals and even government professionals who are planning infrastructure for the future to spread the news that going green while considering renovations and upgrades can save money. If I think back to when I was practicing real estate, if you could give me a property to market that had special beauty, or an attribute to stand out in the marketplace, I was glad. If I showed a property that had “more to offer” than others in the neighborhood, it was exciting. A home that showed lower utility bills would not have stood out as it would today.When we teach our certification classes, we hear agents say over and over that buyers are asking about more energy-efficient product and systems in properties. Energy Star from EPA and the Department of Energy initiatives are helping consumers realize the tax incentives available to them. Those in the industry are embracing our courses for many reasons. They want to know their part so they can become leaders in the Green Revolution.The Realtor must understand what a green certification is. Agents and home inspectors must allow energy raters into their circle of influence. All in the real estate arena must begin to help building code officials offer fast-track permitting for those who want to renovate to become more energy efficient. Mortgage professionals, underwriters and loan processors must get in the game to understand green underwriting standards coming down the pike. Appraisers are scurrying to substantiate these green renovations and upgrades for higher value. Taking the actual direct savings in utility bills is a great start for the mortgage industry. There are special forms for energy-efficient mortgage loans for consumers.

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We’ll keep training so those responsible for your real estate investment can offer suggestions that can only add to its value. Make sure you look for an agent, mortgage professionals or home inspector who displays our GREEN HOUSE LOGO as a Green Certified Real Estate Professional with our Green Leadership title to lead you in the right direction. Go green save money!

Has the Green Revolution in the US Finally Begun?

The Recovery Act is the most ambitious energy legislation ever to be drawn up in the history of the US. It has converted the Energy Department into the largest venture-capital fund in the world. It is a monumental effort to derive something good from the crisis, by making green energy, green transportation and green building real. As a result of the act, no less than $90 billion has been spent on green investments, including on a smart grid, electric cars, cleaner coal, solar, wind and geothermal power, and biofuels. The number of smart electric meters in private homes will triple, and the number of hybrids in the federal fleet will quadruple. $5 billion is being spent to weatherize homes, and this part of the stimulus program has got a lot of attention. All in all, the Recovery Act represents the first major steps taken by the US to a low-carbon economy, and marks the beginning of the green revolution in the US.

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Investment in green companies is now deeply rooted in government policy. The green industrial revolution includes companies such as A123 Systems. It was founded in 2001 on a $120,000 federal grant, and now is a global player in the all important lithium battery market. Recently, it won $239 million to construct two factories in Michigan. The batteries produced will supply the first generation of mass-market produced electric cars. Three of the world’s first electric-car plants are also being heavily financed too. Fisker Automotive has received a $519 million loan to reopen a General Motors factory in Delaware in order to manufacture battery powered sedans.The Recovery Act’s focus on green investments will not only reduce our heavy and ongoing dependence on fossil fuels, but also avoid a future economy in which the US is dependent on other countries for manufacturing and technology. Last year, only two factories in the U.S. produced batteries for electric vehicles. Thirty new ones are now expected to be opened, which will lead to an expansion of U.S. production capacity from the current 1.5% of the global market to more than 20%.The stimulus includes nearly $3.5 billion for clean-coal projects, as well as lucrative loan guarantees for US nuclear plants. The country’s largest photovoltaic solar plant is being supported by the stimulus, as well as what are set to become the world’s two largest solar thermal plants, located in California and Arizona.

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The stimulus cash has fuelled green investments, after a crises induced freeze, and the US should double its share of renewable power by 2012, an aim which Obama has repeatedly stated.This is just a quick snapshot of the many ways that funds from the Recovery act are helping fuel the green revolution in the US. The big question now is, will green investments in the country continue to rise after the terms of the Recovery Act end? Let’s hope for more positive news in the future.

A New Explanation Of Causes of the Industrial Revolution

There has been much discussion and disagreement amongst economists and historians about the causes of the Industrial Revolution(IR). What follows is a new explanation based on an extensive examination of social, scientific and political events from ancient history through to particularly the 100 years preceding the Industrial Revolution.Introduction:The Industrial Revolution (IR) marked what was probably the most significant and profound change in human behavior in the history of mankind. To date historians and economists have provided a long list of possible reasons as to why this profound change happened in the mid 1700’s. It is the contention of this article that the real causes become obvious when the history preceding it is viewed from a sociological, political and psychological perspective rather than a purely economic perspective.Hypothesis:That the primary reason The Industrial Revolution occurred in the mid 1700″s was due to a unique set of circumstances that forced separation of church and state (separation of religion and government). For the first time in history development of scientific thought based on logic and reason was tolerated and allowed to freely flourish, which provided the foundation for the IR.Reasons Commonly Given:The reasons commonly given for the IR occurring first in Britain usually include, agricultural advancements, new financial institutions, supply of mineral resources, laws allowing private property, trade and new technologies. This paper will contend that while these factors played a part they were not the fundamental reason for the IR occurring when it did.History of State/Religion Convergence:Throughout history rulers have sought to control what their subjects thought. Claiming to be divine or having the only direct access to the divine was a common theme. Ancient civilizations are full of examples of convergence between rulers and religion.The most famous are the pharaohs of Ancient Egypt who are often referred to as god-kings. The populace was led to believe that the pharaohs were divine gods and as such were intermediaries between ordinary people and the gods.Subjects were coerced to believe their pharaohs would continue to lead them in the next life, which is why they built pyramids and later elaborate burial chambers.The pharaohs ruled through a hierarchical system with themselves at the top then next nobles and priests who helped govern. Below came artisans and skilled workers who spent their entire lives building palaces, temples and tombs. At the bottom were farmers, servants, and slaves. When not farming food they worked as laborers on the Pharaoh’s building projects. Most did so willingly as a form of religious devotion. They believed that if they helped the god-king in life, they would be rewarded after death.Thus a majority of the population spent a lot of their lives trying to seek favour with their Pharaoh and reward after death. To disobey a Pharaoh would incur harsh punishment. If a person stole so much as an animal hide he could be whipped with 100 lashes and stabbed at the back of his shoulder.This created both fear and awe of the Pharaohs but also a controlled belief system. Engineering was encouraged for building works but to live in Egyptian society the people had to at least appear to believe their Pharaoh was divine and obey him. Egyptians were made to adhere to tradition and any changes were rigorously opposed. Control by the pharaohs and the elaborate system of religious beliefs left no room for free thinking.In ancient China, the emperor was considered to be the Son of Heaven and his commands were considered to be sacred edicts not to be disobeyed.From around 1200 BC onwards there were a number of ruling dynasties in China, which involved worshiping many different gods. There was also a belief that ancestors such as parents and grandparents, became like gods when they died. Each family worshipped its own ancestors.Later dynasties used the concept of an edict from the gods to legitimize their rule. It was believed the gods decided who would rule China. When natural disasters occurred it was believed that a ruler had lost the edict, which would result in a new dynasty taking over.

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Just like in Egypt ancient Chinese society was highly structured. Rites and duties were an integral part an orderly social structure that specified a role for every member of Chinese society, from the highest station to the lowliest. Even the emperor had to observe a long list of official rites and duties in order to “legitimize” his role as the Son of Heaven. As in ancient Egypt free thinking was totally discouraged.In ancient Japan, it was customary for every clan to claim it was descendant from gods. The emperor although not perceived a god himself was believed to be in contact with the gods and inspired by them.The Incas in South America believed their leaders to be a type of god, which encouraged them to build great stone monuments and the famous city of Machu Picchu high in the Andes Mountains in Peru. The Incas called their rulers “Sapa”, which meant “The Only One” and also “Apu”, which meant “Divinity.Even in Ancient Greece around 400BC where a type of democracy had developed, free thinking was severely punished. Socrates who is often referred to as the father of western philosophy was tried and executed for “corrupting the youth of the city-state and failing to acknowledge the gods that the city acknowledged,” when all he had done was question the legitimacy and authority of the many deities in which the Greeks believed. Later his pupil Plato was also jailed for “religious impiety and corruption of youth” when he questioned the taken-for-granted beliefs of the State.In the early days of the Roman Empire, before the rise of the Caesars, the ruler was considered to be a spiritual figure and ranked higher than the priests. The founder of Rome, Romulus was considered to be a god. Later the Caesars portrayed themselves incarnations of Romulus.With the fall of the Roman Empire in the 5th Century AD new kingdoms filled the void that was left and this period became known as the Middle Ages. It was to last until the 15th century. It saw the rise of Islam and the Ottoman Empire in the Middle East and was the formative period of the modern Western State. Towards the end of the Middle Ages kings consolidated their power in France, England, and Spain, and set up lasting governing institutions, with uneasy struggles for power with the Catholic Church in Rome. The battle was between the idea that God had granted earthly power to the Kings as “the divine right of kings” but with some spiritual authority to the Pope. Again this struggle for power was sought to instill obedience and stifle freedom of thought amongst the general populace.Thus throughout history the purpose of rulers claiming to be divine or having access to divine gods was designed to instill obedience and prevent people from thinking for themselves. In many instances extreme punishment was administered for any thinking outside what the ruler(s) wanted their subjects to believe. Even in Ancient Greece under a type of democracy free thinking by Socrates and Plato was not tolerated.It is the contention of this article that the ancient empires right up to the 1600’s remained agricultural based with slow population growth resulting from high birth and death rates. Due to control by rulers and suppression of free thinking The Industrial Revolution was prevented from taking place.The Challenge to Divine Authority:In Italy by the 1600’s the Pope as well as being the head of the Church had become one of Italy’s most important rulers.The Catholic Church held the view that the earth was the centre of the universe and the sun and everything else revolved around the earth. It is easy to see how the church held this misbelief, for every day sun rises in the East and sets in the West. Any casual observation would suggest that the sun obviously goes around the earth.In the 1500’s an astronomer Nicolaus Copernicus had postulated that the earth actually revolved around the sun. However he had no way of proving this and did not publish his findings, possibly for fear of persecution by the Church. However by the early 1600’s the telescope had been invented.In Italy Galileo Galilei improved upon this invention and was able to develop a telescope that was some 30 times more powerful than any other that existed. He now had the most powerful telescope in the world for his day. He could for the first time see clearly that not only did the earth revolve around the sun but also the stars were not fixed in their positions. This totally contradicted the teachings of the Church.For a time Galileo kept his findings to himself, however when a new Pope was elected, whom Galileo felt was more enlightened than his predecessors, he published his findings hoping they would be accepted. Unfortunately they were not. The Church found Galileo guilty of heresy and sentenced him to house arrest where he remained for the rest of his life. He continued his scientific work while under house arrest and made a large contribution towards the eventual separation of science from philosophy and religion.Although he was not sentenced to death like Socrates, he suffered greatly by having his life’s work wrongly rejected by the Church and being sentenced to house arrest. However apart from his discoveries his most important contribution was that he had laid the foundation for modern science namely by questioning the teachings of the church and introducing rational, logical thought. He went about forming hypotheses then setting about proving or disproving them. This was a radical change and different to anything that had preceded it and still remains the basis for scientific investigation in today’s modern world.The huge importance of Galileo is that for the first time the teachings of “divine authority” had been disputed using rational, provable scientific observation and analysis. This was the starting point for modern free thinking and scientific analysis that ultimately led to The Industrial Revolution. However control by the “divine right of kings” was not easily broken and it would take another 100 years after Galileo’s death for the Industrial Revolution to start in Britain. But before this could happen it was necessary to go through The Age of Reason.The Age of Reason:During the later years of Galileo’s life a major conflict engulfed nearly all of Europe. It was a series of wars that are commonly grouped together and known as the Thirty Year War. This seems to initially have been a conflict between Catholics and Protestants but spread throughout Europe and included various territorial claims by the rulers of different countries. It was a horribly destructive war resulting in widespread death, destruction and spread of diseases throughout Europe. Fed up with the whole thing intellectuals and writers started to question the role of the churches and rulers, which had for centuries caused such havoc in Europe.For the first time in history they started to question what their rulers and the churches were really doing. They started to go against tradition and particularly started to question everything and examine things in a scientific way as Galileo had. The Thirty Year War had shown that the teachings of the church and control by various rulers had only resulted in disease, death and destruction.Galileo had questioned the teachings of the church and introduced rational, logical thought. Others were encouraged by this and followed in his footsteps. The period was to become known as The Age of Enlightenment or The Age of Reason. It involved the removal of restrictions on human thinking that had been imposed by rulers and heads of religions to control their subjects throughout history.Whilst many great thinkers emerged during this period the Frenchman Rene Descartes summed up the new thinking with his phrase “I Think Therefore I Am”. Thought cannot be separated from me, therefore I exist. I am able to think, therefore I must exist’.The simple fact of questioning if one exists or not, is in itself proof one really does exist. If I am capable of thought then I must exist.This one seemingly simple statement, was the breakthrough that changed human thinking forever and opened the way for the Industrial Revolution, a hundred years later. How could five simple words change the world? Why is this phrase so important?Well for a start this disarmingly simple phrase embodies a whole myriad of philosophical thought.Because logic and reason tell me my thoughts (rather than the physical me) exist, I don’t need a church, a god or a monarch, to tell me how to think. I can reason things out for myself. I have freedom of thought. I am free to think clearly without my thinking being controlled by the church, the monarchy or anyone else for that matter.

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Descartes shifted the right to determine what is truth from God to Man. Up until this time the churches claimed to hold access to the only real truth, which came from an external authority, namely God. Descartes was now saying no, a rational human being using scientific methods could determine the truth. This was revolutionary and the Church banned Descartes writings. However the door had been opened for mankind using reason, to think freely for themselves. This provided the basis of modern thinking (whose repercussion are still ongoing).Man was now free to find his own truth and not be told what to think by the church or monarchy.This simple phrase became a fundamental element of Western philosophy and forms a foundation for all knowledge. While other knowledge may or may not be true the very act of Descartes doubting his own existence, was actually proof that his thoughts at least, really did exist… I am, my thoughts exist and no one will control how I think.It is not that Descartes did not believe in God. However he thought that because God is well meaning, we could have some faith in the reality our senses provide us with. God has given us our mind and senses and does not want to trick us. However God wants us to think for ourselves, not blindly follow what the church, monarch or other ruler tells us to believe.With Descartes providing the basis for free thinking, without any outside influences or restrictions, ‘I will think for myself, no one will tell me how to think’, the basis for The Industrial Revolution had finally been set.The Industrial Revolution Begins:Isaac Newton the famous physicist was profoundly influenced by the works of Galileo and Descartes and was able to follow on from them.As the philosophies from the Age of Enlightenment spread in the late 1600’s, Newton did not have the restrictions on him that his predecessors had been forced to endure. The English Civil War in the 1640’s had created a parliament and lessened the King’s powers. Newton’s Principia published in 1687 formulated the laws of motion and gravitation, which were to dominate scientists’ view of the physical universe for the next three centuries.On one hand Galileo gave him the correct relationships between the planets as opposed to the traditional church view and had shown that the universe could be understood through scientific reasoning rather than the ancient divine texts. But the concept of forming hypotheses then setting about proving or disproving them through empirical observation was most important. Descartes gave him the philosophy to think clearly without influence from the church or state. In fact Newton believed that to worship Jesus Christ as God was absolutely wrong.Newton introduced the concept that for every action there is a corresponding reaction. Thus a force applied to an object in one direction will create a reaction back in the opposite direction. This is extremely important for machinery design. From here the IR took off firstly with inventions in textile manufacture in the 1730’s that enabled mass production that was vastly superior in both efficiency and cost, compared to previous cottage industries. These included John Kay’s flying shuttle, James Hargraves spinning jenny and later Richard Arkwright’s water frame. From there it spread to the invention of the steam engine both for transportation and also to drive manufacturing industries. Then on to glass and paper making so that it affected nearly every part of people’s lives. With better food and nutrition child death rates fell, life spans increased and as a result populations grew rapidly and the Industrial Revolution went into full swing.

Tablet Computing – A Revolution on the Sales Floor

IntroductionWith the advent and adoption of tablet computers it is instructive to look at what is happening in the retail environment. A trend at the local mall is that in some stores the shop personnel are now starting to carry tablet computers. Order entry and inventory management can be done on the fly so that the customer has immediate access to the product that they desire. In this article, we examine the enabling technology and the consumer ramifications of a potential change in the retail industry.For years the retail industry has used computers to track inventory and place orders, but tablets allow the store personnel to carry these functions out onto the floor and to make consumer decisions immediate. Further, tablets allow for the combination of functions including POS (Point Of Sale) capabilities in one device.Enabling TechnologyComputers have long been a staple of the retail environment. Typical functions performed include a variety of ordering and inventory management functions at dedicated checkout points. Generally the functions have been limited on the sales floor itself due to size, weight and capability concerns. Consider the ramifications of the recent technology changes to: Wi-Fi, printers, credit card entry systems and tablets.Wi-Fi has become easy to install and operate as well as ubiquitous and relatively secure. This makes it easy for computer savvy store owners to position themselves with a dedicated Wi-Fi network inside of their store and to secure the network to the level that consumers will not balk at having their information placed on the in-store Wi-Fi network. Consumers are generally computer savvy and understand how order entry and credit/debit card services work. The idea of the information about an order being carried on top of a dedicated store Wi-Fi network is just a simple logical extension of what the consumer already sees and knows in many purchasing situations. However, the use of a wireless network inside the store will allow sales personnel to be free of the front counter.
Further, depending on the type of the device used to process the order, the receipt for an order can easily be sent to an email address. Thus, there is not any real need for a central counter to process the paperwork associated with an order. However, in the case of someone who really wants a hard copy receipt, the advent of network attached printers running in a wireless environment allows a system to be built that allows the purchaser to purchase the product and pick up the hard copy receipt as they take their item out of the store. This saves time and in the case of someone who is comfortable with an electronic receipt it also saves paper. In some cases the receipt can be printed out right on the credit card receipt as you make the purchase.Credit card entry systems are under going a transition also. We all know the standard types of credit card ordering systems attached to the side of the POS terminal or on the counter next to the POS or sale terminal. But, in other situations, the credit card entry system is portable and can be brought to your table in a restaurant or used at a booth at an art fair. Some work over Wi-Fi but many simply work over the cell phone network Yet even these systems are undergoing a revolution as developers are able to make such functions operate on a smart phone or on a tablet. Now the technology exists to make the credit card entry system truly portable and in the hands of every sales person no matter where they are on the sales floor.Enter the era of the tablet computer. With the small size and weight of tablet computers, it is reasonable to expect to see such devices on the sales floor. Further, because many of the devices can operate on both Wi-Fi and on the cellular phone system it is easy to consider them to be able to operate as POS, inventory control, and order entry systems as well as a credit card processing system. With the current proliferation of tablets and their growing number of apps and capabilities you can expect that the sales floor is at the start of a technological revolution.Consumer RamificationsRevolution!In the last few months, there has been a set of major changes in the way some stores operate. I have been involved with car purchase and lease returns where all of the “paperwork” was done on the sales floor and we picked up the paperwork as we walked out of the showroom. I have purchased computer systems where the purchase was done as we walked around the sales floor and we just picked up our items as we exited the door. I have been to an art fair where the processing of our purchase was all done electronically with the receipts generated over a cell network to a portable device. This change of retail store sales floor management does not even count management of the inventory as we tried to determine items or colors that we were interested in as we walked through the store merchandise.
For the consumer, this provides the benefit of immediately being able to make your purchase. You know that you are going to be able to get what you want and not spend a lot of extra time searching or exploring alternatives because if an item or color that you want is not in stock, the sales person can give you the alternatives immediately.For the store owner, the revolution going on due to technology moving out to the sales floor promises to be more sales per sales person with a lot less trouble to determine what and where the merchandise alternatives are located.ConclusionYou should expect that we will see more and more advanced purchasing functionality making its way onto the sales floor. We are in a business revolution driven by inexpensive tablets and communications that are providing new levels of functionality to assist consumers and sales forces.

What is an Immediate Annuity Calculator?

With such a large number of Americans alive at retirement age, it is no more attainable to depend on Social Security to give any salary once you resign. At current, anybody conceived in 1972 or later can hope to get no Social Security wage when they resign. This is a dismal unavoidable truth, however it is valid.

With a specific end goal to guarantee your future and your retirement it is basic that you put resources into an annuity. On the off chance that you are now at retirement age and ending up in a sticky situation then you ought to utilize an Immediate Annuity Calculator.

An Immediate Annuity Calculator is utilized to ascertain the enthusiasm on a particular kind of annuity called a quick annuity. This sort of annuity is commonly obtained from your protection operator and is a venture that obliges you to have a lot of in advance money, yet supplies you with wage for whatever remains of your life once you resign. Utilizing an Immediate Annuity Calculator can help you choose the amount of cash you would require in advance with a specific end goal to live easily for whatever is left of your life.

A prompt annuity is not really considered a long haul venture. Basically, a person who has not arranged ahead of time for retirement, or has found that their underlying venture for retirement have failed to work out, utilizations the prompt annuity to help them in filling the monetary void that retirement is going to take off. By utilizing the Immediate Annuity Calculator, you can decide how much the distinction is between what you will be really getting from another source and the amount you should stay agreeable.

An Immediate Annuity Calculator can be found on-line by doing a quest for Immediate Annuity Calculator. The Immediate Annuity Calculator has three boxes for data, the first is the amount you have accessible to contribute, the second box is the loan fee that you hope to get, or what has as of now been cited to you, and thirdly, how long after retirement you hope to live. Be liberal when filling in that cell, the normal future of a man is 82 and a lady is 89, with those numbers being the middle, you could exceptionally well get by to be 100!
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A General Look At Purchased Life Annuity

A bought life annuity bargain alludes to an annuity plan that is obtained with assets other than the benefits assets of a person. The cash utilized for this buy can be assets spared in other speculation vehicles like an ISA. It could similarly be assets from the bank account of an individual and it can likewise be the tax exempt single amount pulled back from an annuity pot. When tax-exempt single amount has been pulled back, an individual can do whatever they need with the capital.

When the agreement has become possibly the most important factor, the terms and states of a Purchased Life Annuity contract can’t be adjusted pretty much as it is with other annuity contracts. In this manner the pay concurred finishes what has been started alongside any extra choices you may have incorporated into the agreement. The wage you will get from most annuity suppliers is controlled by specific components. The first is your age as the rates pivot vigorously on your accepted future. Your condition of wellbeing and size of your premium sum additionally influences it an awesome arrangement as well. On the off chance that you choose to incorporate any extra advantages to the annuity bargain, your month to month pay will be conformed to suit any advantages you may have included into the arrangement.

Since the alternatives you picked and salary payable from the annuity are settled once you have purchased the annuity, it is imperative for you to investigate and see every one of the choices accessible before you attempt to buy the arrangement.

Tax assessment on obtained life annuities

With bought life annuities, the tax collection is positive and it is in actuality one of the primary reasons why numerous individuals run with it. This is the means by which tax collection works with acquired life annuities. Since the annuity is acquired utilizing stores from an individual’s reserve funds, the HMRC considers part of the salary paid to the annuitant every month as an arrival on capital and this part is in this manner thought to be tax-exempt. The main part of the pay that is exhausted by the HMRC is the one they consider to be enthusiasm on capital implying that less assessment is paid on the aggregate pay installment.

For the most part, the case you will be given with when applying to bought life annuities will demonstrate to you the gross salary payable to you and in addition the amount of duty will be lessened for each specific case.

What are the principle alternatives you can add to your acquired life annuity bargain?

The principle choices you can include your bought life annuity contract incorporate the accompanying:

A companion or dependants benefits: Income will keep on being paid to your mate or accomplice notwithstanding when you have gone on. You have the choice of permitting 100%, 67% or half of the wage to go to your life partner when you go on. The higher the rate you pick, the costlier the agreement. This doesn’t mean you will be required to concoct more cash yet rather your month to month salary will be much lower than what it ought to have been.

Ensured period: With an ensured period, you are guaranteeing that your wage will keep on being paid regardless of the possibility that you pass on inside a specific time limit. For the most part, the ensured period you can pick is 5-10 years greatest. Ensured periods are not costly and they offer the individual extra security for your annuity wage.

Acceleration: Inflation is one of the greatest worries of annuitants particularly people who took out annuity arranges early. This is on the grounds that nobody needs the buying force of their retirement pay to be disintegrated by swelling. In other to battle this, suppliers make it workable for people to pick their pay to increment by an altered rate every year. The most noteworthy rate permitted by numerous suppliers is 8%. Then again, you can choose to have your annuity salary connected to the RPI. Including the alternative for heightening is exceptionally costly as it is prone to diminish the underlying sum you will get as wage amid the early times of the agreement. In any case, it is still essential for you to incorporate this alternative in your obtained life annuity bargain as a youthful retiree.

Security of capital: With this alternative the sum you paid into the annuity arrangement will be discounted to a named recipient short any measure of cash that has as of now been paid out to you. This is material to any age there are no expense derivations since it is viewed as an arrival of your capital.

Business to Business Partnership Opportunities

There are a few sorts of business to business organizations that an entrepreneur may seek after with a specific end goal to enhance their business. The principle objective behind most business connections is to discover new client leads and change over them into expanded deals and income for both taking an interest organizations. Consider these four essential sorts of business to business organizations keeping in mind the end goal to accomplish the objective of expanded deals and income including: providers, clients, affiliates or organizations with noteworthy existing deals channels as well as merchants. Each kind of organization has its own remarkable arrangement of favorable circumstances and difficulties for effectively actualizing and keeping up, in this manner it’s imperative to assess each sort to comprehend which is to your greatest advantage to seek after.


Making business associations with providers for the most part bodes well and can prompt interesting business openings. Numerous providers are in an extremely aggressive condition and always need to discover new channels to offer their items. Generally speaking providers will give a business accomplice uncommon evaluating, assisted client administration and business referrals when openings that are out of their degree introduce themselves. In any case; there are a few detriments with adjusting too intimately with a solitary provider. It is suggested that you keep your provider organization understandings as open and adaptable as conceivable to enable different associations to exist in a similar space along these lines maintaining a strategic distance from value spikes or item inaccessibility because of unanticipated accomplice issues.


The best sorts of business referrals originated from existing clients. Give an income share or unique estimating for clients that can convey drives that transform into new customers. Building up a motivating force program for clients that make referrals is a win-win circumstance. Regularly a basic rebate can keep your business at the front line of the client’s mind when their meeting with somebody that fits your objective market.

Affiliates or Agents

Numerous organizations that have vast databases of potential clients will effectively offer an item through their business channels for an expense or potentially an income share. Building organizations with affiliates can rapidly grow an organization’s capacity to connect with the market. Affiliates will contribute time and assets to showcase their accomplice’s items and set their business constrain to work offering the item. Private companies with restricted staff to effectively offer can profit incredibly from these sorts of organization arrangements.

Plan for Your Retirement With the National Pension System

Retirement may appear to be truly far away, yet in the event that you start appropriate arranging and venture now, you can guarantee that you have an agreeable and lavish life post retirement. While a great many people in their 20s or mid 30s are not considering long haul arrangements and objectives, contributing from that age guarantees greater returns post retirement.

One such successful retirement and assessment arranging device is the NPS Pension Plan. The NPS Pension arrangement is a willful, characterized commitment retirement investment funds plan, accessible to all people between the age of 18 and 60. With a plan to give sufficient fund to each client, one can efficiently put resources into the National Pension System in India, amid their working life.

The National Pension System in India has been presented by the Government of India advanced, PFRDA (Pension Fund Regulatory and Development Authority). Any ventures by people are pooled in an annuity reserve. These assets are then contributed by PFRDA directed proficient asset administrators according to the affirmed venture rules in the expanded portfolios involving government securities, bills, corporate debentures and shares.

In agreement to the profits created on these ventures, the individual commitments would develop and amass each passing year. So as to guarantee that this plan achieves a substantial number of individuals, PFRDA has selected POPs (Points of Presence) whose obligation is to go about as a viable connection amongst you and NPS.

Advantages of NPS:

1) Voluntary:

You get the chance to choose the amount of cash you need to intermittently set aside for your retirement and securing your money related future, gave that the base sum per commitment is in any event Rs. 500, least commitment every year is in any event Rs. 6000 and there is no less than 1 commitment made every year.

2) Flexible:

You can pick a venture plan and benefits store administrator as indicated by your requirements.

3) Portable:

You can work it from anyplace in India, regardless of the fact that you change your city, work, benefits reserve chief and speculation resource classes.

4) Regulated:

NPS is directed by the Government of India advanced PFRDA, which has straightforward speculation standards and frequently screens and audits the execution of benefits asset directors.

5) Tax Benefits:

In the event that any client contributes willfully towards the NPS plan, then he would get an extra advantage of Rs. 50,000 under area 80CCD (1B) which would be far beyond the roof furthest reaches of Rs. 1,50,000 as endorsed under area 80 CCE.

When you leave NPS, you may utilize the aggregated benefits riches under the plan either to buy an existence annuity from a PFRDA empanelled extra security organization or pull back a part of the collected benefits riches as singular amount sum.

Annuity Investment for Retirement

Annuity is a protection item that can promise to get measure of cash frequently as aftereffect of speculation until the end of annuity contract. Why would it be a good idea for you to consider annuity venture for your retirement?

Annuity as a protection item offers protection advantages, for example, passing advantage, and assurance of your venture to recipient.

While annuity as a venture offers speculation advantages, for example, wage insurance forever, generally higher loan cost than CD or any bank ventures, and expense conceded advantage.

Insurance agencies utilize your annuity venture to put resources into securities and securities exchange relies on upon annuity item you pick. As indicated by its loan fee, annuity can be ordered into settled annuity and variable annuity.

Altered annuity is an annuity that can promise a base annuity installment frequently regardless of what happens. While settled annuity most adversary is expansion, there is altered annuity variation that may secure your speculation against swelling. Rather offers a settled loan fee, value recorded annuity set gains to a value list, for example, Standard and Poor’s 500 Composite Stock Price Index (the S&P 500).

Variable annuity is the most complex annuity sort. Variable annuity just sold by outlines, your speculation is not ensure by any gathering and its worth may increment and lessening relies on upon execution of your venture alternative.

Numerous money related specialists guidance not purchase annuity until you have amplify all your other retirement sparing, for example, 401(k) arrangement and IRA. Be that as it may, there is an alternative to utilize annuity venture as your IRA speculation. The benefit of this alternative is higher financing cost over other sort of ventures, for example, CD. While result is there is no extra assessment deferral advantage, since IRA is now charge conceded.

Bear in mind to consider about duty, numerous individuals need to change to lower charge section amid their retirement. All things considered, the choice will fluctuate in view of your desire of retirement way of life.

As conclusion, pick surely understood insurance agency over higher financing cost guarantee. Demand a plan, read it, comprehend it elements and advantages and also expenses and charges. Annuity is an unpredictable item, you ought to contact budgetary counselor to distinguish which annuity item or annuity sort suit for you. The past don’t equivalent the future principle apply in annuity venture and also in life.