Investing for Retirement - Retirement Planning

While dealing with the topic of retirement planning, our implicit assumption was that folks have time on their side and may use the various techniques for planning and conducting their retirement better.

However there is a segment that this advice might have come a little too late: the retirees.

If you're already retired, that which you really need is a retirement solution. Let's start by discussing the uniqueness related to building a portfolio for retirees.

Firstly, the significance of capital preservation gets magnified manifold. The retirement corpus in the investor's disposal needs to provide for him henceforth.

Hence high-risk investment avenues like equities or equity funds should be either excluded or be allocated a really modest portion of the portfolio.

Saving and planning retirement takes up a substantial portion of a person's life. Despite retirement, this process must continue to guarantee continued financial security and freedom.

For some, the goal is not to retire within the traditional sense of the term, but to be liberated to enjoy their retirement years. In the following paragraphs, we provide some financial strategies for retirees.

Liquidity assumes significant importance. Without any alternate options like salary or business income to fall back upon, the portfolio ought to be structured in such a manner it grants a high amount of liquidity to the investor.