Flout these retirement rules and become a trailblazer
Retirement is a phase everyone has to encounter. Prior to retirement, many fears and concerns loom large over us. These concerns include health-related issues, vulnerability to crime and the fear of staying alone. Another fear is whether one will be able to sustain the same kind of lifestyle after retirement and this drives most people to follow the standard norms that other retirees choose. If retirement isn’t planned prudently, one may have to borrow money from children or relatives or apply for a loan against property to tide over the financial constraints faced by them. Some people refuse to retire and also take up a job or begin consultancy services after retirement to keep the finances flowing. Instead of taking the traditional path, try flouting these common rules to come out a winner. Life Insurance: Most people treat life insurance as a primary investment vehicle and invest large sums into it, hoping it will work like a hedge against growing inflation rates and provide