Retirement Planning

Every Individual seeks a peaceful and stress-free life during their post retirement. But in order to live a peaceful life, planning for it becomes a very crucial part. Most of the people do not think about their post retirement life i.e., meeting day-to-day expenses, emergency requirements, adequate insurance, holidays, etc. The living expenses which you are paying now will also rise with the rising inflation at the time of retirement.

To deal with all the above requirement, one must have a sufficient corpus to live a peaceful retirement life. But how will you accumulate this corpus? Have you thought about this?

Let’s take an example to understand this in a better way:-

Mr. Raj who is age 30 years has household expenses of 25,000/- p.m. Assuming 8% inflation, this amount will grow to 1,71,211/- p.m. at his retirement age of 55 years. For this he will need to accumulate a total corpus of 3.76 Cr at his retirement age.

So how will he accumulate this corpus? How will he invest or what are the different ways of investing to generate this corpus?

To know about this, click on the below link to watch out the video:-

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