Will you be able to build an adequate nest egg for your retirement?
The key is to start early. Invest in equities to beat inflation.
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The researchers also found that people who were born in later years have a slightly lower mortality rate when they reach 105
With growing nuclearisation, do not expect your children to bear your expenses after retirement. Strike a balance between what you spend on your child versus what you save for retirement. The key is to start early. Invest in equities to beat inflation. Your living expenses may not fall below 75 per cent of current expenses. While expenses like travelling may come down, expenses on medicines and healthcare tend to rise.