I have had great experience with Innov-Wealth, who meticulously made a financial plan aiding me in my journey towards financial independence. I would further like to commend them for their use of their platform and overall processes.
"I want to retire at 40 and travel the world".
We keep hearing this from the young & the ambitious 25-year-olds who are starting their careers. For most of them 25 becomes 40, 40 becomes 50 and then 60 as one ages & realizes that one still needs to earn more before hanging up boots.
Retirement is one goal which is common to every person. Irrespective of one’s profession, that day will dawn when one will have to retire either by choice or by force.
In the current age of digitalization, artificial intelligence & burgeoning young work population in the country there is every probability that yesteryear’s assumption of being employed till the age of 60 might not hold good for most and viable after good.
Add to it the increased life expectancy, and hence, individuals must provide for a much longer time period when one will not be earning, or at least not earning as much as one did in the working years.
It is also necessary to factor in higher costs on healthcare, caregivers, children’s education, marriage, lifestyle needs of an elderly person, and increase in the cost of living due to inflation.
So how does one provide for those 25-30 years without compromising on the lifestyle that one has got used to and also being able to enjoy retired life by travelling the world or writing a book, or whatever else that one would love to do?
While financial discipline should be a key aspect, it is most critical to have right investment advice when it comes to retirement planning.
At Innov-Wealth, We help you in this journey and try to ensure that your sunset years are sheer bliss !!