Retirement is considered to be a compulsory goal for many of us.
Today, the benefits of a secured and adequate pension are not available to everyone.
Hence, an individual needs to ensure that he builds a sufficient corpus which will help him to take care of his living expenses once he retires and his active income stops.
Retirement planning is also important as we are looking at a much longer retired life due to early retirement and longer life expectancy.
Also, as a society, we are moving from a joint family system to a nuclear family.
Also, these factors make it essential that the investor starts planning for his retirement.
A financial advisor helps you draw up the roadmap to decide upon the corpus required and the savings required to achieve it