Even after retirement it would be every one’s wish to continue the same financial independence and ability to maintain decent standard of living. The key prerequisite needed to achieve this goal is to start saving from the beginning. There are a couple of distinct advantages of early saving:
- The resultant corpus will be sizable.
- It will facilitate compounding effect on our investments.
- It will avoid additional financial burden, if started late..
- It will eliminate unwanted tension and stress upon retirement.