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Here are the top 5 things that worry people about retirement

By Finserv MARKETS - Oct 15,2019
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Here are the top 5 things that worry people about retirement

The retirement period is often looked at as a fulfilling and relaxing period of one’s life. However, there are particular concerns around it — considering the significant changes which that period of life brings — that need to be thoroughly addressed.

A study showed that seven out of ten Indians expect their children to support them after retirement. This, indeed, is a tragic figure.

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These worries around life after retirement can bring in unwarranted anxiety, something that nobody looks forward to, for it is quite displeasing. One way to get rid of this anxiety is starting to invest in mutual funds on Finserv MARKETS, as it helps you plan out your investment options with professional advice — all with just a few clicks.

With your investment planned out, you already have an upper hand here. However, if you still have not planned out your retirement years well, then it could bring in a lot of worries. How can one make sure that retirement does not evoke worries and anxiety? Most of these worries revolve around concerns people have for their retirement years.

Here, we will look at the top five concerns that people have around retirement, and how they can address it.

1. Having to pay for healthcare

Healthcare costs have been steadily rising. Considering the current trends in the market, it is imperative to worry about these costs if you do not have a solid retirement plan in hand. Besides, as you grow older, the body gets more vulnerable to diseases. To have a medical bill that’s pages long and piles up your healthcare expenses is something which can drain your savings and open a wide door for financial vulnerabilities.

To make sure that these expenses do not burn a hole in your pocket, it is recommended that you get a good healthcare plan. The sooner you get it, the better.

2. Not saving enough money

Our life calls for several expenses. It all starts with paying our basic bills to taking care of our family. During this process, a large part of our income and savings might get drained out.

When it comes to planning your income for life after retirement so that your retirement plans do not take a toll on your wallet, it is recommended that you have a good investment scheme in place. This is where investing in mutual funds comes in! You can reap the benefits of mutual funds well into your retired life. You can always look at investing in mutual funds on Finserv MARKETS to ensure that you have a consistent source of income.

3. Keeping a steady income stream

Retirement brings an end to working years. You would not want to work forever, as it can be tiring. Retirement days are meant for leisure, and not spending too much time to work.

Not having a consistent source of income is indeed a worry for many individuals. However, if you have invested in an NPS account or mutual funds, you can be assured that the money keeps on flowing while you try to bring more colour to your life in your retirement days.

4. The debt factor

If you have certain duties to fulfill, which entails a larger sum of money than what you have at hand, then it is imperative that you get a loan. The fear of having to repay your loan after your retirement can be dreadful. To deal with it, consider taking a loan only when it is needed. Besides, you can also have some investment ready so that you can pay off this loan when the amount matures.

5. Not getting to travel enough

Many say that a life where you do not travel leaves you culturally ill. However, seeing the world also requires you to take up additional expenses and if you have not saved up enough, then you will have little room for your retirement plans — a major part of which should include travelling.

Make sure you have cleared off all your debts and have a reliable source of income before you your travel plans. Once you have enough money to keep you going, you can explore travelling like never before.


There are plenty of options to save money for retirement on Finserv MARKETS. One of them happens to be mutual funds. When you buy funds on Finserv MARKETS, you have to pay zero percent commission. You also get access to a personal portfolio which highlights all of your investments. On top of that, you get access to personalized plans that are aimed at maximizing your earnings over time. The entire process of having your investment set up is quite easy. All you have to do is fill in a few basic details and provide a few documents for the KYC process.

With that done, you will be good to go — ready to ensure your financial safety for your life after retirement.

Finserv MARKETS, from the house of Bajaj Finserv, is an exclusive online supermarket for all your personal and financial needs. We understand that every individual is different and thus when you plan to achieve your life goals or shop for the gadget of your dreams, we believe in helping you Make it Happen in a few simple clicks. Simple and fast loan application processes, seamless, hassle-free claim-settlements, no cost EMIs, 4 hours product delivery and numerous other benefits. Loans, Insurance, Investment and an exclusive EMI store, all under one roof – anytime, anywhere!


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Bajaj Finserv Direct Limited ("BFDL") is primarily engaged in distribution of financial products and services through its digital platform (“Bajaj Finserv MARKETS”) and inter alia renders services of customer acquisition, providing preliminary credit support activities, fulfilment services and post-acquisition customer services to Banks, NBFCs, HFCs. BFDL is also a registered Corporate Agent (Composite) under valid IRDAI registration number: CA0551 valid till 10-Apr-2024 for solicitation and servicing of Insurance Products. Registered Office: Bajaj Auto Limited Complex, Mumbai – Pune Road, Akurdi, Pune – 411 035 CIN: U65923PN2014PLC150522