There are several advantages of investing into Mutual Funds as compared to stocks. MFs are managed by professionals, very convenient and helps you to diversify your risk appropriately. Mutual funds are a great tool to invest and multiply your capital in the long run.

Gone are the days when your son was your retirement plan. In today's world one needs to have sufficient funds to live off his retirement years without being dependent in anyone.

In this context saving regularly while you are working is very very important. However, it is equally important to start saving at an early age. Just 5 year delay in savings is likely to increase your monthly saving requirement by a whopping 90%!

It might be a big mistake to rely only on PF as your best retirement plan. Other common mistakes are investing in traditional savings like FD, PPF etc. 

Which are these common mistakes and how to avoid them?

We all know that FD is a safe instrument to invest and there is no possibility of loss of money in it.
However, have you ever thought that investing in FD could be risky?

What can be the risk of investing in a safe instrument like FD? 

One of the best ways to plan for retirement is to invest in financial products at a very early age.

However, with so many retirement product available it is very difficult to make the right investment choice. Here's a break-down of some of the more popular retirement products  and our recommendations on what could be beneficial for your retirement planning.