Key Points
Retirement corpus is the amount that would enable you to lead a peaceful and hassle-free life ahead after retirement..
The most common question people have about retirement is - what should be my retirement goal, what corpus do I need for retirement, where to invest for building my retirement corpus, and what amount should I invest to build the corpus?..
If you want to retire sooner, the bigger will be your post-retirement life and you will need to create a bigger retirement corpus with a short span of time to save..
If you are middle-aged and closer to retirement, you might want to reduce your risk exposure and invest in instruments that can earn you a more secure return because retirement is just around the corner.. Step 5: Now calculate your total retirement corpus..
While at times it might become necessary to do so, but making withdrawing of an amount from your retirement corpus a habit can negatively affect your retirement planning..
