Recent shift in lifestyle has made individuals to set a very idealistic vision of retirement- doing all of the things that one never seemed to have time to do in working life. But they are not sure how to pursue this vision. Given the lack of social security benefit to the majority of population, the onus is on individuals to plan for their own retirement.
Retirement planning involves an analysis of the various choices that one can make today to provide for financial future.
Though people have always saved or indulged in wealth creation in past, they never had the concept of planning or calculating for their retirement. It is in recent past that the people have realized the importance of planning for their golden years. There is a growing tendency of saving and wealth creation for the retirement corpus.
At the end of this course, you would be able to understand :-
- Basic Concept of Retirement Planning
- Retirement Issues
- Relationship with other aspects of Financial Planning
- Steps to start Retirement Planning
Overview of Retirement Planning
Retirement Planning Relationship
Starting the Retirement Plan