New Delhi, May 11 -- Planning smartly for the future and for unexpected situations is essential. Notably, when saving for your healthcare and related medical expenses, it is important to identify your goals, health status, family health history, and possible devaluation of assets due to inflation and other factors.

The next step is to assess your current savings capacity in order to accumulate the required corpus. It is best to start as early as possible so that you can take advantage of the power of compounding - no matter your choice of investment.

Chartered Accountant Nitin Kaushik in a post on social media platform X (formerly Twitter) noted that even when it comes to retirement, there are two key factors that blindside most - healt...