The asset allocation and selection of investment vehicles keep changing as your risk-bearing capacity diminishes.

If you are a young professional and think that it’s too early to save for your Retirement, think again.

Let us take this example.

Let's assume that you are a 35 year old, earning Rs.3 lakh per annum. If your salary grows at 5% per annum and you plan to retire after 25 years. Under these circumstances, assuming your post-retirement requirement would be 60% of your last annual income (Rs.10 lakh approx), you would need about Rs.6 lakh per annum after retirement.

To achieve this, you need a retirement corpus of Rs.75 lakh assuming you earn a return of 5% per annum over a period of 20 years. To meet this goal, you would have to invest more than Rs.9,000 per month at 7% per annum for the next 25 years. Inflation and tax implications have not been considered for simplicity.

Methods of creating your retirement wealth:

To attain financial independence after retirement one need to follow the methods as mentioned in a disciplined manner:

Be an early starter
Start investing early because a small sum of money saved regularly and invested regularly makes a big amount, which will come in very handy after retirement. The key to a financially independent future is "sooner the better". Cautious investors believe in this principal and plan their retirement accordingly.

Create a Retirement Plan

Develop a plan for saving based on your requirements at the time of retirement. The goals you keep for saving depend on your lifestyle but you will need at least about 60% of your pre-retirement income to maintain your standard of living when you stop working.

Our financial planners will help you construct and monitor your retirement plan and work with you to achieve your goals.