Plan smart, avoid common blunders and retire well. (Photo source: Representative/Freepik) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Retirement planning is not just about saving a fixed amount, it’s also about disciplined financial behaviour over decades. Many people treat retirement as some distant goal and delay planning for it. In the process, they lose out on the power of compounding.

Here are some of those mistakes that you can avoid, which would go a long way in increasing the size of your retirement corpus.

Not Setting A Clear Goal

Retirement planning, without a defined goal, makes it tough to estimate how much money you actually need. Most people don’t correctly plan out the cost of maintaining their lifestyle post-retirement, which often results in less-th

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