A retirement plan is a systematic savings and investment plan that will help you organise your finances and prepare for your retirement. With rising expenses and inflation, it stands to reason that by the time you retire, the corpus needed to maintain your lifestyle will be a verge one. Building such a corpus requires time and discipline. A retirement plan helps you keep to a strict saving path, accumulating wealth and making it grow through your working years, so that when you retire, you can retire rich. Remember the earlier to start planning and saving, the better and bulkier are the returns, so the key to decide your estimates and projections for a retirement plan will be determining your age of retirement.
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