Happy Retirement Life

While planning for retirement, inflation of atleast 6% to 7% must be considered so that you will have a good retirement corpus in hand.

Retirement Life could be a very long stage.

It depends on the age you retire and the life span you will be having.

It can be called as a Multi-Phase Journey.

There are many factors depending like your health, the health of your spouse, sate of your finances and so on.

As time goes on, spending could be more on health issues.

Retirement is actually a different way of life than the usual 9 to 5 routine office work.

Retirement can be more or less a transition that requires planning and adjustment.


Today you may be able to manage with Rs,.15,000 to Rs.20,000 on a nominal scale for your monthly expenses but after 10-15 years, the value of money on account of inflation will come down.

So it is very important to consider the aspect of inflation factor while deriving your retirement corpus.

Retirement planning requires a proper analysis of future needs and how much income you require.

Retirement Planning

Many individuals face difficulty in assessing the right retirement corpus that they will need in their sunset years.

Retirement planning has become an important part of our financial goals like any other goal. However, many individuals face difficulty in assessing the right retirement corpus that they will need in their sunset years.

There are lot many factors to consider like debts will be paid off, some routine expenses would end but medical, healthcare costs would increase. Also, the life span of an individual also affects retirement planning.

3 main factors are current expenses, inflation factor and adjusting for life expectancy.

Accordingly, you need to plan for your retirement.