Industry experts discuss the dynamics of Retirement planning, asset allocation and wealth management
A consumer awareness initiative by Standard Chartered Bank in association with CNBC-TV18 under the India on the Move series (Season 5), telecast on 17th August 2021
The sensitivity around retirement planning has become a thing of the past, as people are eager to generate, allocate and manage wealth well past their prime. Mridu Bhandari, special correspondent, CNBC-TV18 engages with Industry experts to understand the principles of retirement planning, asset allocation strategy, and the digitalisation in the wealth management space. The panel comprises Rajesh Saluja, CEO & MD, Askwealth, Deepak Shenoy, Founder & CEO, Capitalmind, and Samrat Khosla, MD & Head of Wealth Management, Standard Chartered Bank.
Robust retirement planning strategy
Speaking on retirement planning Rajesh mentioned that the first step is the assessment of the age of retirement, secondly, the current income, and lastly, the expected lifestyle post retirement. Post taking into account different health, family, lifestyle goals, one must consider inflation which he cautions is the single largest risk to the corpus being generated for a retired life.