From ELSS to NPS, a robust roadmap to retirement for millennials

[IndiaInsurance]

https://img.etimg.com/photo/95940895.cms (https://economictimes.indiatimes.com/wealth/plan/from-elss-to-nps-a-robust-roadmap-to-retirement-for-millennials/articleshow/95940895.cms)As lifestyles and consumption patterns have evolved, so have habits of spending and saving. Hence, traditionally received financial wisdom is no longer sufficient for millennials, who have themselves lived through or are living through several evolutionary phases of global economy and workplace transitions in their own lifetime. This article traces why millennials – contrary to popular notions – care about retirement plans and tells you how to factor in risk factors and invest in failsafe options.

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