Many people are against the idea of investing your retirement fund in equities. This mainly concerns how a person’s stomach for risk in their investments could change over the years. You have less to lose when you are young, and equity investments might suit you best. But once you hit retirement, your primary source of income usually stops. So then, putting whatever corpus you have in a high-risk investment option is usually frowned upon. But what about using equities to build your retirement fund. That is a whole different story, and it could be the most beneficial way to build a retirement fund. Let us dig deeper and examine the same.
Importance of building a retirement fund
Retirement is a time when you need a lot of peace. While many factors could contribute to the same, there is no doubt that financial health is the main element. What ensures your …Continue reading