Use Retirement planning calculator to ensure financial independence
Retirement Planning is one of the most important life-stage goals. Unfortunately, retirement planning does not get the importance it deserves. As a result many investors approach retirement with some trepidation about maintaining financial independence and their lifestyles after retirement. You should start planning retirement from the early stages of your working career to ensure financial security after retirement. In this article we will discuss why you should use a retirement planning calculator or pension plan calculator to plan savings and invests for your retirement goal. What is retirement planning? After retirement you will not get regular salaries and will have to depend on the income from your investments to meet your expenses. The goal of retirement planning is to maintain financial independence by accumulating a sufficiently large retirement corpus to meet all your needs. Why is retirement planning important? In India, the traditional family construct is joint fami...