Why Set SMART Goals RetirementProVachan RetireYourWorries
First step in planning is to have goals- ‘SMART Goals’ which means Specific, Measurable, Achievable, Realistic, Tracked.
Retirement goals have to be SMART
What is Retirement RetirementProVachan RetireYourWorries
Retirement is of two parts-Happy and Sad. If you want to leave happily then you must prepare for worst also.
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Steps involved in Retirement Planning RetirementProVachan RetireYourWorries
Here are the steps-
1)estimate the retirement age
2)list retirement goals
3)monitor the investments made for retirement goals
4)ensure that your money is invested and is working for you
5)account for expected and unexpected expenses during retirement
How much Money do you need to Retire RetirementProVachan RetireYourWorries
Step 1- list out your assets
Step 2-estimate the number of non-working years
Step 3-estimate the amount you would need to retire
#RetireYourWorries
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Retirement planning video 2
Invest in PGIM India age linked asset allocation facility which allows you customized retirement plan to retirement.
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You can invest in high-risk high return instruments.
Time being it diversified your portfolio. SO, what are you waiting for start investing to have a better retirement. Start investing in mutual funds to have a better life after retirement.