your retirement date is not the end-point for your financial planning. With
increased life expectancy, Indians are expected to live an average of 20
years beyond retirement.
For self-employed individuals, the biggest challenge that comes to hinder retirement planning is the inconsistent income flow. As the income is not constant, it is more difficult for a self-employed individual to find out how much can he/ she should contribute to the retirement plan on a regular basis. The way out here is to invest either as a lump sum or invest in those plans that give you more flexibility as compared to others.
