INVESTMENT REFLECTIONS - DSCFINANCIALS
When we are working we get regular monthly salary which takes care of our expenses and our dreams. However, when we retire our income ceases but our expenses continue. Hence it is very important to initially invest appropriately for generating sufficient retirement corpus and then invest it prudently so that the golden years of your retirement are even better.
Inflation is one thing which we cannot afford to neglect. People often are not able to comprehend the impact inflation has on eroding of wealth and in decreasing the purchasing power of money.
The important factors to be considered while investing retirement corpus are :
a) Contingency Fund
b) Safety of Capital
c) Adequate Medical Insurance
d) Proper investment planning to beat inflation comfortably for the next 20-25 years and to address any unforeseen outlier situation arising during these years.
e) Liquidity of the corpus