Retirement Planning is a Must

Financial planning is one of the important financial activities that most individual investors in India give a miss.Retirement planning, a subset of financial planning, is yet another activity that a majority of investors do not give importance to. However, this is about to change with increasing financial awareness and the rising cost of living. Without a proper financial and retirement plan it is not possible to maintain the desired quality of life when one gives up economic activity to make a living.

Our cover story in this issue focuses on retirement planning and intends to act as a comprehensive guide for those who are not sure about going ahead with a solid retirement plan. I am sure the cover story will be more than beneficial for most investors and in case you want to know more you can always come back to us. As the market has been volatile, the SIP registration overall has come down in July. SIP is a long-term commitment to invest and market volatility should not bother long-term mutual investors at all. In fact, volatility is when the SIP method of investment works the best in favour of the investors.

Therefore, remain invested in all market cycles for the best outcome. With most of the Small-Cap stocks entering the bull market territory, the small-cap-oriented MF schemes are looking bright with reference to their short-term performance. Without getting carried away with the short-term performance of such MF schemes that focus on the broader markets, it is important to invest as per the financial plan designed to meet your long-term goals. Remember that goal-based investing with the help of mutual funds is the key to success

Yogesh Supekar
Executive Editor