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How to start with retirement planning?

#Retirement Planning includes identifying sources of income post retirement, identifying expenses, implementing your financial plan, and managing your investment portfolio.

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How to start with retirement planning?

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  1. HOW TO GET STARTED FOR RETIREMENT PLANNING?

  2. One of the best ways to ensure that you achieve your financial goals is to write it down. • Identify your financial goals post retirement • Identify the cost of use to lifestyle • Determine your income source • Create a thoughtful plan to reach your goals • Monitor your plan frequently

  3. PRIORITIZE YOUR RETIREMENT OBJECTIVES

  4. UNDERSTAND YOUR SPENDING DIFFERNTIATE BETWEEN YOUR NEEDS & DESIRES

  5. PLAN FOR YOUR HEALTHCARE NEEDS For both expected and unexpected healthcare expenses, which is one of the major expenses post retirement. HEALTHCARE EXPENSES

  6. IDENTIFY THE NEED GAPS Once you quantify your sources of income post retirement, it is important to determine whether that income is sufficient to fund your comfortable use to lifestyle post retirement.

  7. RECOGNIZE THE RISKS MARKET INSTABILITY can negatively impact the sustainability and returns of your retirement assets. INSUFFICIENT FUNDS. It’s important to strike a balance between your investments today to meet your expenses in the future. Plan for a long retirement such that you don’t outlive your assets.

  8. Do You Too Have A Dream Or A GOALS For Your retirement? If Yes, Visit MONEYMULTIPLIER.COM 1313-14-15, Ghanshyam Enclave, Near Laljipada Police Chowky, New Link Road, Kandivali (West), Mumbai – 400067. India. +91-22 60125600 I +91-22 28684215

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