F(N)AQ: How Do I Make My Retirement Corpus Last Longer?
We all must have heard about the importance of creating retirement corpus, right? But have you ever thought a step ahead, i.e. how to manage your retirement corpus? Wondering why it's important? Read on as answer some not so frequently asked questions surrounding the task of making your retirement corpus last longer.
What are the first thoughts that come to your mind when you think of retirement?
For one, it seems like well-deserved relief from the continuous quest to earn and achieve various life goals, right? Finally, you would get the ¡®me time¡¯ and do whatever you always have wished for. Whether it's a vacation abroad or indulging in your favourite hobbies, you wish to strike off everything that's left on your bucket list, besides of course spending quality time with family.
But, have you ever thought about how to manage your retirement corpus? Merely creating a retirement corpus for your 'golden' years, even if it seems ¡®big enough¡¯ will not suffice, especially if you wish to retire early. You need to take the right steps to manage that saved corpus and increase its longevity as well.
Wondering how and why? Read on as we answer below some not so frequently asked questions surrounding the task of making your retirement corpus last longer.
Also Read: One-Stop Guide For Millennials To Start Retirement Planning Right Now
For more interesting personal finance content and the latest news, click here.
Click here to download CRED