How to use the Complete Guide to Retirement Planning
Retirement planning is the process of determining retirement income goals and the actions needed to achieve those goals. The earlier you start, the less you need to save each month due to compounding.
📊 The 4% Rule
You can safely withdraw 4% of your corpus each year without running out of money. This means you need 25× your annual expenses as total corpus.
⏰ Time is Your Ally
Starting at 25 vs 35 means you need to save roughly half as much per month for the same retirement corpus.