Step-By-Step Approach To Retirement Planning

What do you wish to do post retirement?

Take up some social cause?

Get back to your home-town and relax?

Start a business? Or

Spend time with your family

Whatever your dream is, you need to plan for it now. Because once you retire, you will no longer receive a salary/ earn regular income. And to sustain your daily expenses and live your golden years you will need a financial back-up.

The only difference in life post retirement is that you continue living, but you might not have a fixed flow of income. And in order to remain independent, you need to save and invest for your future now.

And mind you, mere savings in the bank won't be enough. Mainly because of the inflation bug. Inflation is the rise in price of goods and services. And hence the value of your money declines because of inflation.

Then, why do you need Retirement Planning?

This guide is divided in 3 chapters.

Chapter 1: Why Do You Need Retirement Planning?

Chapter 2 : The Best Approach To Retirement Planning

Chapter 3: Steps Of Retirement Planning

Chapter 4: Retirement Planning With PersonalFN


Retirement planning is the process of determining retirement income goals and the actions and decisions necessary to achieve those goals. Retirement planning includes identifying sources of income, estimating expenses, implementing a savings program, and managing assets and risk.

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