Are you prepared for your retirement?
According to a BBC study, only 4% of the Indians have adequate retirement savings. Most Indians get serious about retirement savings only in their 40s or 50s. Are you also facing a similar situation and not saved enough for retirement? The first step in retirement planning is estimating the retirement corpus. It will depend on your life style, monthly expenses, inflation, and investment modes. The next step is taking stock of your retirement benefits from your employer i.e. gratuity, leave encashment, pension and any other income /assets meant to be used post retirement .The balance of the corpus should be […]