As Life Expectancy Increases, A Retiree Must Ensure That His Money Outlasts Him

With retirement comes a new era of life, free of the exhaustive chaotic routine of responsibilities that have taken up most of your life, and take a step into a world that is planned and managed for you. Most of us have this vision of a ‘Retirement of choice’; however, very few would have a definite strategy to make this reality by fulfilling the three essential components of the Golden years, i.e.,- Income generation, Capital preservation, and Real growth. This interview with Mr. Rajiv Bajaj, Chairman and M.D., Bajaj Capital,  aims to elaborate on the same cerebration of how to make retirement the best phase of all life stages. People are living longer and leading a more active life than before. How should one plan a 100 year living as far as retirement needs are concerned? Indeed more and more people are living longer as life expectancy has increased materially from...