About Retirement Planing
Retirement Planning is a process whereby you will have a roadmap of your personal and financial life, which will help you to meet all your life’s expenses post retirement.
Retirement is certain, and you continue to live even after retirement. Hence, the expenses will exist even at such times. Both the expected and unexpected expenses will occur.
“Precaution is better than cure.” – Edward Coke
Similarly, buying an Insurance plan is a precaution you assume. The value of your loved one’s life is a very sensitive issue as your loved ones are priceless.
But it becomes necessary to evaluate a human life in terms of money, in order to safeguard from problems caused by under-insurance.