Changing socio-economic dynamics like increase in nuclear families, lack of social security and inflation driven economy has increased the need for good retirement plans in India. It takes years of systematics saving to accumulate the required corpus for post - retirement phase. While giving more importance to life's goals like children's education, their marriage or buying our first house, you should not let retirement planning take a backseat.
In recent times there is a positive development where retirement plans in India are increasing their market share as young people are realizing the importance of retirement planning. Social media and internet are being extensively used by the young working professionals to search for a retirement planner or online retirement planning services. However, one should be cautious about choosing a retirement plan. One should not limit themselves to "investing in EPF, VPF and PPF" or buying the 'Best Retirement Plan' available in the market. There is more to planning for your retirement than buying a pension plan off the internet or through the first retirement planner you encounter. Come to ArthaYantra to understand financial planning in a holistic manner.
At Logicals, we can help you in getting best retirement plan advice. We help you to design a customized retirement plan rather than choosing a high cost retirement plan.
Talk to our financial advisor today as it is never too late to start. Starting early would allow you to save in smaller amounts and still be able to be ready-to-retire.