A Simple Guide To Financial Planning For Early Retirement

Planning for early retirement is one of the best ways to get freedom from your day job. However, to make this a reality you have to start early to build a big corpus. Often, investors think this is an unsurmountable task. But with guidance and the right mutual fund selection, this can become a reality. Why Start Early? The aim is to start early to accumulate a significant corpus for retirement. Financial planning for early retirement involves identifying ways to maximise your savings and investments and ensure that your money lasts long after the golden years. The earlier you start, the more time your money has to grow. Start with whatever you can afford now and increase it gradually. It is never too early to start saving for retirement.In this journey, equity has an active role to play. This is because over the long term, equity is one asset class that can help generate exponential...