Retirement Planning- How aware are you?
While people are realising the need to save for sunset years, they are still investing in fixed income plans, says the recent RMF-IMRB retirement survey. Here are some other findings.
Women don’t need a different retirement plan!
Women don’t need a different retirement plan; as saving for her is done by her husband! The only thing she plans is SHOPPING! This is what one of my friends said when we were recently discussing about my new job domain (i.e. financial planning). I was rapt by her statement because that was not true.
Women and men are way different from each other. Everyone will agree on this. So does a retirement plan requirement is different for both? Now you will say that investment basics will remain same. Allocation in Bonds, shares, stocks, etc will not change much for women, then how can a retirement plan for them be different?
Why she requires different retirement plan?