ISSN: 2265-6294

A study on Retirement Planning of Middle Income Individuals in Indore City

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Saloni Malviya,Dr. Anupama Pardeshi

Abstract

One definition of retirement is leaving the workforce due to old age. Although the 7th earn commission has established a retirement age for government workers, private sector workers have no such need. The purpose of this research is to determine if and to what extent men and women in the labour force have similar levels of knowledge about the importance of planning for retirement and the various investment vehicles available to them, such as those from lease payments, investments in stocks and bonds, Social Security, 401(k)s, Pensions, PPFs, and insurance playouts.

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