Don't Plan Retirement Without Knowing These 10 Things

ET Now Digital, Namit Singh Sengar

Jun 08, 2025

​Underestimating Inflation​

Rising costs (4-6% annually) can erode savings. Plan for expenses doubling every 15-20 years. Consult certified financial expert.


Source: iStock

​Ignoring Healthcare Costs​

Medical bills skyrocket with age. Without hefty insurance, one illness could wipe out your corpus.

Source: iStock

​Over-Reliance on Fixed Deposits​

Low interest rates (5-6% in 2025) won’t beat inflation, leaving retirees short on income. Consult certified financial expert.

Source: iStock

​Delaying Savings​

Starting late cuts compounding benefits. A 10-year delay can halve your retirement fund. Consult certified financial expert.

Source: iStock

​Poor Tax Planning​

Missing deductions or late ITR filing (post-September 15, 2025) leads to penalties and lost savings.

Source: iStock

​Chasing Risky Investments​

Stocks or crypto without research can lead to major losses, especially near retirement. Consult certified financial expert.

Source: iStock

​Carrying Debt into Retirement​

Even with lower loan rates in 2025, unpaid loans strain fixed retirement income.

Source: iStock

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​No Emergency Fund​

Without 6-12 months’ expenses saved, unexpected costs can force you to dip into retirement funds.

Source: iStock

​Not Planning for Longevity​

With life expectancy at 70-80 years, savings must last 20-30 years post-retirement. Consult certified financial expert.

Source: iStock

​Assuming Pension Sufficiency​

Pensions or EPF alone may not cover rising costs, leaving you financially stretched.

Source: iStock

Thanks For Reading!

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