Have You Planned For Your Retirement Well?

Retirement planning is one of the most important goals for every investor. However, not many investors plan for retirement in a manner that can ensure a comfortable retired life for them. It is also quite common to see investors delaying their investment process for retirement as they think that they have enough time on hand to do so.

- Hemant Rustagi

Needless to say, goals like children’s education and marriage as well as buying a house remain their top priority and hence retirement planning doesn’t get attention it deserves.

Then, there are those who do realize the importance of planning for retirement, but often get overwhelmed by the very thought of having to build a large corpus. Unfortunately, despite having the ability to invest some money on a regular basis, they do not start investing, thinking that they require a large sum of money to begin investing for the goal. In reality, even if one starts investing smaller sums on a regular basis through SIP in an asset class like equity and continue the process un-interruptedly over longer periods, a combination of healthy returns and power of compounding can produce amazing results.