Retirement planning is not an art but a definitive science which requires taking a 360 degree approach to studying one’s current financial health, long-term goals and risk appetite to design a plan that addresses the retirement and other long-term goals of an individual.

It involves a step-by-step approach:

Identifying your financial and retirement goals

Analysing your current financial situation

Risk Profiling

Asset Allocation

Investment Allocation Strategy

Periodic Monitoring and Rebalancing

It is essential to seek expert / professional advice and create a comprehensive roadmap based on the different stages of your life to meet your financial requirements.