RETIREMENT - now life begins.

Retirement, a time to do what you want to do, when you want to do it, where you want to do it, and, how you want to do it. - Catherine Pulsifer

Guaranteed pension, assured return from government schemes, relatively low inflation and the security of a joint family – the four pillars on which our previous generation’s retirement planning rested have all but gone.

Tomorrow’s retirees will balance high income with uncertain returns,better means of capital appreciation with longer life spans,and all new earning and career options with an urge to hang up their boots early.

The challenge is not only a shorter horizon to save for retirement but also a longer period of withdrawal.The rise in life expectancy in India means that the average Indian now lives longer and hence will need a nest egg big enough to sustain him for up to 30 years.

The other big challenge is inflation, which eats away into the corpus value. Some products and services that you depend more on as you age have seen the steepest rise in prices. Healthcare costs, for instance, have risen sharply in the past 10 years, rising by almost 14% a year.

The goal and view of retirement is distinctly personal. For a great majority, retirement is thought of in a different light – a time for peace of mind. It is a point in one’s life that culminates effective planning, hard work, sacrifice and an earned lifestyle that is enjoyable, comfortable and secure.

Fincun believes your retirement goals and investment purpose are vital and we look forward to working with you.

Early planning for retirement is critical because it typically takes many years to accumulate the necessary funds to live comfortably when you no longer enjoy the advantages of a salary. If you begin your investing early in your working life, it will allow funds to accumulate and grow over the subsequent decades, so that you have substantial resources for navigating your retirement years.

After you have given thought to your retirement goals and objectives, the next step is to work toward accomplishing them. The longer that you wait to create and implement a specific and well thought out retirement plan, the greater risk your future happiness faces. The following key areas are critically essential when planning for a sound retirement:

Current Investments and Allocation | Taxes | Health care costs | Inflation | Expenses | Income sources | Retirement age | Your goals |

Fincun works extensively with our clients to discuss each of the areas above preparing a customized and personalized retirement analysis and proactive plan.