Life expectancy ratio of India is continuously improving which help people live longer lives. The retirement kitty needs to work to provide regular income for the next 25 to 30 years. In absence of proper retirement planning it creates lot of financial and social problems to investors.
Retirement planning is nothing but to save regularly during earning phase as to live pleasant retired life.
Long Term financial goal – Retirement Planning is most avoided by people in early earning age of life cycle. Has to be taken seriously and has to follow disciplined approach. Inflation eats into the return made from investments. Real Returns = Return from investment – inflation rate.