Any goal with an action plan for completion is more productive and rewarding than spontaneous actions taken to accomplish it. This is very valid for planning our life goals and life stages such as Retirement. Making a plan for taking care of your finances post-retirement is essential to have a good, retired life.
Even when you Google Retirement, a few of the most searched keywords are Retirement Planning, Retirement Age and Retirement Funds. Hence it becomes imperative to understand and talk about the relevance of these terms for a happy post-retirement life.
Retirement Planning
Once upon a time, relying on your Pension fund might have been a feasible option to support the retirement years but not anymore.
Though the retirement years are usually free from responsibilities in youth and middle age, it still brings along its share of asks that need proper attention. There are various challenges a retiree or about-to-retire person would face. To name a few of these are:
This story is from the February 2023 edition of Investors India.
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This story is from the February 2023 edition of Investors India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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