certain life events. Those changes have to be accounted for in your financial plan.
Seek expert advice. Retirement planning is a comprehensive exercise that requires the expertise to analyse personal finances, determine suitable asset allocation and choosing right investment and insurance products from an array of options.
Be disciplined. For the retirement plan to be successful, one must stay disciplined throughout the course of investment and follow the above steps diligently.
* The writer is business head, Principal Retirement Advisors