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Planning for Retirement is very much needed to make your future financially secure.

While reading this many of you must be thinking that, why do we need retirement planning?

There are various parameters where we need to keep an eye, before retirement to cope up with the Inflation Rate.

  • Analyzing your daily expenses.
  • Medical Expenses
  • Contingency Fund for Uncertainties
  • Leisure Activities

But before all this, you need to plan your retirement age.

How much time is left? So that you can calculate your Investment Horizon.

You must have heard the famous quote of Warren Buffet, "Someone's sitting in the shade today because someone planted a tree a long time ago."

If you start early, you will reap the benefit from the power of compounding, that is once you reinvest your profit you will earn a profit on that too.

Calculate the monthly expense and then add the inflation rate to it you will get to know that how much will be the monthly expense at the time of retirement.

In case you want to calculate everything related to retirement planning, you may visit online Truemind Capital Services - Retirement Planning

What else can I help you with?

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