With the rising life expectancy stretching to late 70’s or early 80’s, the average retirement years are also on the rise. You can therefore define retirement as a period for personal reinvention.
It is important to look back at the early stages of your life when you worked hard to build an adequate corpus which would provide you and your family with the comforts of life. To ensure the current lifestyle is maintained even after you stop working, it is imperative to carefully plan your savings so as to enjoy your golden years! Life after retirement is not only about money, medicine or health; but also leisure for those who want to spend their retirement by golfing, gardening or travelling.
Right financial planning at the right time will help you continue to enjoy the benefits even during retirement.