Outlook Money
Start investing early in your career to help you build a larger corpus.
Avoid unnecessary expenses to ensure your retirement corpus remains well funded.
Delaying debt repayments can cause interest to compound and increase your repayment obligation.
With adequate health insurance coverage, you can easily meet the medical expenses without disturbing your retirement corpus.
Efficient tax planning can help you save money after retirement.
Inflation depletes the value of money, so plan your investments accordingly for a robust retirement corpus.
Review your budget and spending and make necessary changes to save money.
Set up an emergency fund separately to meet unplanned expenses.
Compiled by Avijit Gupta