Planning for retirement as a freelancer? We ask experts how much corpus you need, and key considerations
New Delhi, May 23 -- As a freelancer earnings can be unstable and inconsistent. But experts believe that you can still save considerable to enjoy a safe and reliable retired lifestyle. We asked experts what how a young freelancer (27), earning between Rs.5-10 lakh per annum depending on workflow and living in Chennai, can be smart about her investments in order to retire by 55 and move to a hill station such as Munnar.
Given medical expenses, retirement needs and support for old parents, how much corpus does she require? They suggest that for others in a similar situation it is important to assess your current finances, potential growth, overall risk profile and future goals to ensure long-term financial stability and wealth building.
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