Need for Retirement Planning
Nothing is more difficult for an individual, than to face Financial difficulties in sunset years due to lack of proper retirement planning in spite of having a successful and satisfying career. There are many factors involved with retirement planning like, estimating the expenses to maintain the current life style in the future, expenses involved in maintaining a hobby or enjoying a holiday in the future, timing the retirement, estimating the time span for which retirement is to be planned for etc.
Most of us are aware that we need to plan for the retirement, but face difficulty in when to start? How to start? And how much to plan for?
We help you answer the following questions and much more;
- I am young, why do I need to have Retirement Planning?
- What will be the future cost of my annual expenses?
- Will inflation affect my Retirement Planning needs?
- How long do I have to invest for my Retirement Planning Needs?
- For how many years will I need to have a Corpus to sustain me after my retirement?
We will help also you understand how post retirement activities need to be planned and funded for.