Soon To Be Retired, Not To Be Risk-Shy

The onset of retired life does not reduce the importance of financial planning. Vigorous planning during both periods — in the years leading to your retirement and during your retired life — is the key. With limited sources of income and retirement corpus to rely on, one needs to be more prudent with their financial choices after retirement and be prepared for future years. A retirement corpus created through years of disciplined investment can be under threat by risk factors like inflation, taxation, increased health care expenses, and unforeseen financial exigencies. The unexpected bumps can sideline the plan of getting your financial ducks in a row, but you can always ride out of the storm by learning a few money moves. Here’s how. Continue to Remain Invested Many investors are often advised to entirely redeem their equity exposure for debt funds and fixed income...