NEW DELHI : The unprecedented challenges thrown by covid-19 might have derailed the retirement plans of many.
Those nearing retirement amid the pandemic may have to give their financial plans a hard look.Rajiv Bajaj, chairman and managing director, Bajaj Capital, in an interview with Mint, shared some of the ways forward for those who are about to retire over the next few years.How has covid-19 impacted those who are nearing retirement?Those nearing retirement may have to rework their retirement plan and may even have to bring about a radical change in their investment portfolio.
The March 2020 stock market crash dented fund values big time. While those who are years away from retirement will have the time to rebuild, those nearing.