Are you retirement-ready?
The Hindu
Adjust the estimated value of your retirement portfolio at a pre-defined frequency
Are you nearing retirement or aiming for an early retirement? If so, are you retirement-ready? In this article, we discuss why it is important for you to address your emotional readiness in addition to your financial readiness for a comfortable retirement. Retirement planning typically refers to determining the amount you require at retirement to lead a comfortable living post-retirement. This requires you to assume a life expectancy — number of years an individual is likely to live. In addition, you have to estimate your monthly expenses to maintain your desired standard of living and the rate of inflation through your working life and into retirement.
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