The passage to an efficient retirement plan must bypass the barricades set up by fear and apprehension—the two emotional constraints that constantly plague most ordinary mortals. The average individual, often hesitant to take decisions, feels trapped within extreme feelings that prevent him from investing in the right retirement product at the right time. This frequently results in an under-performing portfolio. The fear of testing the waters, compounded by apprehensions about investment options, stops investors from trying new strategies or overhauling their asset mix. Faulty planning, often a result of conservative approaches or reckless allocations, results in a weak asset mix, leaving a trail of unanswered queries on the portfolio’s performance. Remove fear and apprehension, and many of these questions will be answered. What is the investor’s risk profile? What should be the most optimal asset allocation? How will the most appropriate investment products be chosen? Which factors are likely to pose risks? These queries, which are major considerations for a...