Planning a retirement corpus is essential to ensure financial independence when your regular income stops. It is the pool of wealth you build over time to support your lifestyle, healthcare, and personal needs after retirement. Without a proper corpus, one may have to depend on family or compromise on quality of life.

The best way to build a retirement corpus is through disciplined and consistent investing. Options like mutual funds, SIPs, pension plans, and diversified portfolios help in long-term wealth creation. Starting early gives a significant advantage, as compounding works more effectively over time.

Ideally, one should begin investing for retirement in their 20s or early 30s. The earlier you start, the smaller the monthly investment required to achieve your target corpus. Delaying this process increases the financial burden later in life.

For salaried individuals, this becomes even more important as income is fixed and retirement is certain. Unlike business owners, there is no continuous income stream post-retirement, making planning crucial.

Inflation must always be considered while planning your retirement corpus. The cost of living, healthcare, and lifestyle expenses will increase over time, and your corpus should be strong enough to sustain future expenses, not today’s.

A well-planned retirement corpus ensures dignity, independence, and peace of mind in your later years.