Retirement Plannings

Retirement is the ultimate reality that happens to every working person and it should be your best phase of life. Most young people today think of retirement as a distant reality. However, it is important to plan for your post-retirement life today if you really want to retain your financial independence and live a comfortable life. Retirement planning is as important as planning your career or marriage. The future depends largely on the choices you make today.

There is a need for retirement planning because the financial situation in the country has changed in the last few years in such a manner that it will be difficult for one to maintain a decent standard of living with the current means, and in addition there are also several individual specific factors that will affect the process such as longer life span, no fixed returns, falling rates on fixed return options, inflation, abolition of joint family system, rising medical expenses and increased standard of living etc.


The importance of retirement planning cannot be overstated. Retirement refers to the point in time where you have enough income and assets at your disposal that working becomes optional, and retirement is affordable. Reaching financial independence earlier than your stated goal will provide you with the freedom to choose when you would like to officially step into retirement.

Retirement planning begins with setting clearly defined life goals and putting together a financial plan to achieve those goals upon retirement. Every earning individual must begin to plan early in order to take advantage of compound interest and avoid financial risk. The greatest risk to a good retirement is the prospect of outliving your money.

Realizing a comfortable retirement is an incredibly extensive process that takes sensible planning and years of persistence. Everyone has plans on how they will live their lives to the fullest then. The only ways to maintain the life style you want and allow no wrinkles on your forehead during your non-earning phase or relaxing phase is to Save & Invest properly and start early.

At here Arth Financial Services, we’re dedicated to helping you bring your dreams more within reach. One dream most of us share is a comfortable, secure and meaningful retirement. There are something’s that are not in our hands while planning our retirement like inflation, Tax and performance of financial markets. But there are many things that you can handle while planning like when to start saving, how much to start saving each year, how, when and where to invest and how to diversify the assets to ensure safe landing after retirement.