Retirement Planning

Retirement is when you stop living at work and start working at living. Some also says; When a man retires, his wife gets twice the husband but only half the income.

Do you know your number? Do you know how much capital you need when you reach retirement to sustain your standard of living for the rest of your life?

Do you know how much you have to save to reach your number?

Do you have a plan and process that can provide an optimum return and withstand the emotional roller coaster investors constantly experience?

The question isn’t at what age you want to retire, it’s at what income. Because of advances in modern medicine, the average lifespan is increasing. While there is no social security benefit in India, it becomes more important to plan your finances well to make sure that there is no drop in your standard of living when you grow old and are unable to make a living. Unless we capture a significant portion of our earnings and invest it wisely, we can reach retirement with a depleting income.

Retirement Planning is about managing the earnings cycle and the retirement cycle. These are a combination of accumulation and decumulation.

Factors to Be Considered While Planning for Retirement Fund

Most of us will not be able to retire on time.

90% of us fail to build sufficient retirement fund by the age of 60 years.

About 50% may not be employed after 45 years of age leading to forced retirement.

It is important that you have enough funds to support yourself when you grow older, rather than depend on your children or other sources for financial support. We help you plan meticulously for your retirement fund, so that you can build your retirement corpus starting now, and so that your retired years could be stress free.

90% of us fail to build sufficient retirement fund by the age of 60 years.

Longevity Risk is a risk we will all have to learn to live with and plan for. It is very important start early as far as planning for Retirement Capital is concerned as you can reap the benefits of Long Term Compounding.

Some of the Common Mistakes people make in Retirement Planning:

 Simply buying retirement plans will be enough to accumulate retirement corpus.

 Withdrawing retirement savings such as provident fund (PF) before retirement age.

 Ignoring inflation during annuity period.

 Assuming aggressive rate of return on investments.

 Underestimating the amount that should be accumulated for retirement.

 Thinking that growing funds through investments would be enough to retire peacefully.

 Ignoring expenditures on health, grandkids, travel and social responsibilities.

Retirement is about climbing up the mountain — the accumulations phase — where we try to save as much as possible and achieve the highest returns. we help investors avoid accidents on the way down the mountain of retirement.

Retirement Calculator