A healthy and safe life is what people want throughout their working life and when one retires, one wants to have enough wealth to enjoy financial independence. A good retirement plan takes care of the golden years in every situation. Retirement planning requires long term dedicated savings. Here is how one should go about retirement planning:
Wealth: One should start systematic investment plan (SIP)
Ensuring financial discipline and investing regularly through mutual fund SIPs will help you accumulate a good amount of wealth for your retirement. This not only will help you tackle market uncertainty, it will average your investment cost during the market rise and falls.
