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  • News From Press 10 steps to calculate how much money you will need for retirement

    10 steps to calculate how much money you will need for retirement

    Source: The Economic Times May 20, 2019


    Most people think that retirement planning is a complicated affair and use it as an excuse to avoid this critical exercise. However, retirement planning is not difficult.

    “Retirement planning can be summarised as two aspects – save as much as you can and invest as well as you can. The earlier you start the more money you will save. Similarly, the better investments you do, your investment corpus will grow bigger,” says Rajan Krishnan, Director, Retyrsmart.com, a dedicated retirement plan ..

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    1 Comment
    Prashant · 5 years ago `
    What about our( distributors) retirement plan? With reducing brokerage we will never be able to retire... actually we will not be able to reach retirement age because we will have to work 10 times and bring 10 times just to keep the current income which will not even beat inflation. And by the way we are not inflation proof. Inflation affects us as well do basically stage is all set to remove distributors and increase AMCs profits multifolds. In this entire process the second biggest loser is investor because investors never understand this products whether an old investor or new. Google only gathers data and throw the data back at you when you ask but Google is not at all by any means an expert of any kind.

    Nowadays people ask Google or go on buyers websites where mutual funds are rated and invest. Then lose money and go out of mutual fund product completely. So investors lose and distributors lose but there is one gainer which is AMC.

    Shame on the regulator to be biased towards companies and not investors.
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