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Retirement planning

  • 16th Nov 2016
  • 264
Retirement planning

How to plan for a happy and fulfilling second innings

After many decades of working hard towards our goals, retirement brings in a relaxed phase of our life. It is a phase where we plan to fulfil our dreams, for which we were too preoccupied in our younger days. We save a few dreams for these times and look forward to fulfilling them with enthusiasm. Here’s how you can plan for this phase in a systematic manner:

Plan on time: You can ensure a dream-come-true retirement life by planning for it quite early in your life. The right time to plan for retirement is when you are still earning.

Determine the standard well: Your standard of living during your retired life should be ascertained by the income you earn today.

Keep vital aspects in mind: Your plan for your retired life should be chalked-out keeping in mind the rising prices of vital aspects like day to day supplies, medical expenses and beyond.

Choose an appropriate plan: You have to choose a systematic life insurance and investment plan to secure your retired life.

A well-planned retirement enables you to fulfil your desires and enjoy the goodness that life has to offer rather than be ridden with financial worries. Kotak Life Insurance brings you plans which help you systematically save for your retirement and enable you to live a fulfilling second innings. A life you can truly look forward to!

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