A step-by-step guide
Envision your desired post-retirement lifestyle. Consider housing, healthcare, children's marriage, and specific goals.
Assess current expenses and factor in inflation and healthcare costs.
Harness the power of compounding by saving consistently.
Explore tax-efficient options like NPS, PPF, and EPF to build a retirement corpus.
Include equity investments in your portfolio. Explore mutual funds, ELSS, and direct equity for long-term growth.
Periodically reassess your portfolio based on changing needs and market conditions. Consult a specialized financial advisor for guidance.
Allocate funds for potential healthcare costs as you age. Explore health insurance plans tailored for seniors.