| Most of the people I have met have not planned | | | | contributions should offer some cushion, it may |
| for their retirement as they say ‘future is | | | | not be enough to support you throughout your |
| unpredictable and we need to live in present’ | | | | retirement. That is why retirement planning is |
| but my dear friend’s future is the outcome | | | | extremely important for every one. More over |
| of present, our present will decide our future. | | | | with mutual funds the investors can actually plan |
| When we think of retirement we generally think | | | | for themselves and also achieve their planned |
| of old age, a period when you have to give up | | | | objectives. As compared to direct equities this |
| the job and sit at home doing nothing. Contrary to | | | | option of mutual fund is much safer for planning |
| the fact, most of the retiree lives a very active | | | | your retirement corpus. |
| life. We need to seriously consider out planning | | | | There are many reasons for the working |
| towards retirement because once we retiree our | | | | individuals to secure their future emergence of |
| income stops coming but our expenses remain as | | | | separate families and its attendant insecurity, |
| it is and in some cases it rises with the rising | | | | increasing uncertainties in personal and professional |
| inflation. | | | | life, the growing trends of seeking early |
| In this regard mutual fund has turned out to be | | | | retirement and rising health risks are among few |
| the right answer for making retirement planning | | | | important risks. Besides falling interest rates, also |
| easier and safer. Mutual fund being managed by | | | | the sustained increase in the cost of living make it |
| professionals is a key to effective retirement | | | | a compelling case for individuals to plan their |
| planning. | | | | finances to fund their retired life. |
| Some people like it. Some people don’t but | | | | Planning for retirement is as important as planning |
| the fact is that retirement is a reality for every | | | | your career and marriage. We need to take |
| working person. Most young people today think | | | | conscious and careful decisions to prepare for our |
| cannot think of retirement as reality as they | | | | retirement. Life takes its own course and from |
| believe in ‘living at present’. However, it is | | | | the poorest to the wealthiest, every one gets |
| important to plan for your post-retirement life if | | | | older with time. We get older every day, without |
| you wish to retain your financial independence and | | | | realizing. With our coming old age we tend to |
| maintain a comfortable standard of living even | | | | become more understanding to the facts of life |
| when you are no longer earning. This is extremely | | | | and realize the importance and impact of |
| important, because, unlike developed nations, India | | | | retirement. The future depends to a great extent |
| does not have a social security net. In India | | | | on the choices you make today. Right decisions |
| people still depend upon bank savings and fixed | | | | with the help of proper planning, taken at the right |
| deposits for retirement purpose, which is | | | | time will assure smile and success at the time of |
| unfortunately inadequate. | | | | retirement. |
| Retirement Planning acquires added importance | | | | In my words, retirement planning means making |
| because of the fact that though longevity has | | | | sure you will have enough money to live on after |
| increased the number of working years | | | | leaving your work. Retirement should be that |
| haven’t, so you end up spending the last | | | | period of your life, when you can sit back and |
| phase of your life without earning. | | | | relax. Retirement should bring more of enjoyment |
| In simple words, retirement planning means | | | | in your life by reaping benefits of what you earn |
| making sure you will have enough money to live | | | | in so many years of hard work. But it is easier |
| on after retiring from work. Retirement should be | | | | said than done. Most of the people live their worst |
| the best period of your life, when you can literally | | | | life during retirement. To achieve a hassle-free |
| sit back and relax or enjoy your life by reaping | | | | retired life, you need to make right investment |
| benefits of what you earn in so many years of | | | | decisions during your working life, thus putting |
| hard work. But it is easier said than done. To | | | | your hard-earned money to work for you in |
| achieve a hassle-free retired life, you need to | | | | future. If you are not very aware of the |
| make prudent investment decisions during your | | | | investment that you need to undertake then you |
| working life, thus putting your hard-earned money | | | | can easily take help of online advisers to help you |
| to work for you in future. | | | | with your retirement plan through mutual funds. |
| With the special features of mutual funds like | | | | The earlier you start the better it is for you. |
| Systematic Investment Plan, Systematic | | | | Now retirement planning can be done with a single |
| withdrawal plan, systematic transfer plan in | | | | click and with the advice of a registered mutual |
| addition to other unique features of different | | | | fund advisor by Association of mutual funds in |
| funds, the investor can easily plan for its post | | | | India (AMFI). Fill this retirement questionnaire to |
| retirement requirements and ways to achieve it. | | | | know your current financial situation and your |
| Unlike many other countries of west, in India we | | | | investor profile which will help you plan for a |
| do not have state-sponsored social security for | | | | worry-free retirement. |
| the retired people. While you may be entitled to a | | | | This is a no obligation free mutual fund advisory; |
| pension or income during retirement, but will it be | | | | investors can make informed mutual fund |
| sufficient post retirement. | | | | investment decisions with the expertise of our |
| Although the compulsory savings in provident fund | | | | advisors. |
| through both employee and employer | | | | |