The pandemic has affected life in more than one way. Your money habits will never be the same as you will probably want to focus more on saving rather than spending. It is also an apt occasion to revisit your retirement plan, whether it is just around the corner or you still have years to go. Either way, you need to go the extra mile with the right financial decisions to secure your future despite uncertainties. Here are some ideas to ramp up retirement planning in the new normal.
Read MoreSaving money for life after retirement is also essential. Yet people often ignore this harsh reality which they have to face in their lives after a particular time. Generally, people get retired after the age of 50 or 60. After this, a permanent full stop place to their monthly incomes. Hence, proper planning regarding the investment of money along with savings is the need of an hour. It will not only help you on rainy days but will increase your bank balance too. So, it is time to start thinking about ways to get a handful of money for a better and brighter life.
Read MoreHas your job left you stressed out and dreaming of retirement? While life without work may seem an eternity away, it's actually closer than it seems. Which means, the time to prepare is now. Planning for retirement today and envisioning your life post-retirement can help you save enough to enjoy the rest of your life without having to worry about income or depleted accounts. Here are a few major ways you can take responsibility for your retirement and plan for a bright future.
Read MoreNo matter which life stage you’re at, it’s never too early or too late to start, boost or ramp up your retirement savings plan. Compound interest is pretty much a miracle worker, so it helps to start sooner, of course, but if you’re feeling a bit behind on your plan, there’s lots you can do to catch up.
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