If you are young, start retirement planning from now itself, adopt these tips today in view of rising inflation

In view of rising inflation, people should start their retirement planning as soon as possible. Today we will tell you about some such tips, by adopting which you can collect a good fund for your retirement.

There are many people who do not give much importance to retirement planning but retirement planning is very important. With this, you can secure your future. At the same time, in view of rising inflation, people should start their retirement planning as soon as possible. If you are young and you earn, then you should not delay in retirement planning at all. Especially after the age of 30, every person should start their retirement planning.

Today, we will tell you about some such tips, by adopting which you can collect a good fund for your retirement. Let's know.

Invest keeping inflation in mind

The most important thing for retirement planning is to invest but investing is not enough. You have to invest in such a way that it gives you returns keeping inflation in mind, that is, you have to increase your investment amount by a few percent every year according to inflation.

Invest for the long term

Investing in savings account and FD is not enough for retirement planning. For this, invest in a place where you get higher returns. Invest in equity mutual funds and National Pension System, PF account.

SIP is the best option

If you want, you can invest in mutual funds through SIP but for this choose step-up SIP, that is, increase your monthly SIP by 10 percent every year.

Health insurance

Do not consider health insurance as a waste of money because many times even lakhs of rupees fall short in the treatment of major diseases. In such a situation, definitely take health insurance.