Retirement planning can be done by determining time horizons, estimating expenses, calculating required post-tax returns, assessing risk tolerance and having a clear plan for bequeathing funds and also for drawing down your corpus. Here are some of the key rules.
The earlier you start retirement planning, the better it is.
Younger investors can take more risk with their investments and at this stage you must take more risk so wealth creation is facilitated.
Retirement plans evolve over the years so regular review and restructuring is a must.