“Retirement is when you stop living at work and start working at living.”
Retirement is not an unseen challenge. Yet, many of us fail to ensure a hassle-free post-retirement life. With 90% of people being unable to make the ends meet after retirement and 50% of people facing forced retirement around us, it is wise customary if you spend your life with planning. With longevity risk around, it is never too early to start planning for retirement capital in order to avail long term compounding benefits.
What is your plan of survival after retirement? How much capital do you need to sustain your lifestyle for rest of the life?
Retirement Planning is about managing the accumulation phase with decumulation phase. Plan your retirement by setting realistic goals and taking actions in your earning phase to achieve those targets. While planning your retirement, you must identify your sources of income, estimate expenses, implement a savings and investment plan and allocate assets strategically.
People make some common mistakes while planning their retirement funds such as:
At FINSIGHT FINANCIAL PLANNERS, we assist you in building your retirement corpus by providing a diligent plan for your retirement fund. Our certified financial planner will keep you involved in planning process to ensure you a comfortable life after retirement. Our client-focused system maintain the portfolios with updated reviews and dedicated financial planning services.