Retirement Planning
It is a deep belief amongst Indian savers, investors and investment advisors that retirement savings should be invested with the lowest risk possible. In the abstract, this is an excellent urge to have, and one could hardly disagree with it. However, in practice, the impact of this obsession with zero-risk is terrible. The reason for that is that everyone ignores the risk posed by the biggest threat to your financial well-being, which is inflation, but if you ignore the effects of inflation in your retirement savings, then you are heading for old-age poverty. There is a BIG difference between financial …