STRESS-FREE RETIRED LIFE DO's AND DONT's

STRESS-FREE RETIRED LIFE DO's AND DONT's

·         Remember the main objective for a retirement planning is to make your later life tension free. So prefer not to take excessive risks with your investments. 

You can take some risks when you start, but as you grow older, reduce the risks. Spread your risks by proper asset allocation.

·         Set investment goals and track your portfolio regularly to check if you are on track. If not, consider revising your plans and make changes.

·         Be disciplined, nurture the habit of making a regular contribution and try never to divert from the set path

·         Try to increase your investments to your retirement corpus every year as your salary increases.

·         Discuss with your financial planner regularly. This should help you learn about your plans better, and will help you quickly correct any diversion from the set path and give you peace of mind.

 UTI MF JULY 2017

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