What is Retirement Planning? — Meaning, Definition & Example
Definition
Retirement planning involves estimating future expenses, accounting for inflation, and building a corpus that generates enough income post-retirement. The 4% rule suggests you need 25× your annual expenses as retirement corpus. Start early for compounding benefits.
If your current monthly expenses are ₹50,000 and you want to retire at 50, you need approximately ₹4-5 crore corpus (accounting for inflation at 6%).
🇮🇳 Retirement Planning in Hindi / हिंदी में
सेवानिवृत्ति योजना — सेवानिवृत्ति योजना में भविष्य के खर्चों का अनुमान, मुद्रास्फीति को ध्यान में रखते हुए पर्याप्त कोष बनाना शामिल है।
Retirement Planning (Hinglish) — Retirement planning mein future expenses estimate karna, inflation account karna, aur itna corpus banana jisse retirement ke baad income aa sake. 25x annual expenses chahiye.