1. Reduced income post retirement leads to spending constraints during the golden years.
2. With life expectancy increasing, longevity of life is a real issue as it results in outliving the retirement assets.
3. Any unexpected illness can result in unplanned health expenses and throw off the retirement plan.
4. Inflation risk results in an increased cost of living and a reducing retirement kitty.
5. Providing financial assistance to family for unforeseen needs or emergencies can impact retirement funds.
(Content on this page is courtesy Centre for Investment Education and Learning (CIEL). Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta.)
