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5 money risks to consider while planning retirement

Tax-saving guide for FY 2018-19
Longevity risk
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Longevity risk
BCCL

The risk of living longer than estimated and running out of funds accumulated for retirement. This is what is called as longevity risk.

Inflation
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Inflation
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Underestimating the effects of inflation on expenses through the retirement period is one of the biggest challenges of retirement planning.

Inadequate planning
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Inadequate planning
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Ignoring the effects of aging and not adequately planning for expenses related to health can deplete your retirement corpus.

Fall in annuity rate
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Fall in annuity rate
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If not planned well, fall in annuity rate and interest rates will lead to inadequate income through retirement and can cause huge stress on your corpus.

Unplanned withdrawals
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Unplanned withdrawals
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Unplanned withdrawal from the accumulated corpus at an early stage of retirement may result in shortfall in the later stages.

Tax-saving guide for FY 2018-19
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