Table of Contents

• 1️⃣ Prioritise Savings Over Returns

• 2️⃣ Avoid High-Risk Bets

• 3️⃣ Trim Lifestyle Leaks

• 4️⃣ Push Back Retirement Age

• 5️⃣ Consider a Reverse Mortgage (If Needed)

• 💡 Finogent Insight

💭 Introduction

Worried that you started late with retirement planning? You’re not alone. Many realise the urgency only in their 40s or 50s. The good news — it’s never too late to get back on track. With discipline and smart choices, you can still build a comfortable retirement.

1️⃣ Prioritise Savings Over Returns

When time is short, your savings rate matters more than market returns.

• Increase your contribution to EPF or NPS beyond the mandatory limit.

• Automate savings with SIPs or recurring deposits.

• Aim to save at least 30–40% of your income for the next decade.

💡 Finogent Tip: Focus on consistency, not timing the market.

2️⃣ Avoid High-Risk Bets

Trying to make up lost time with aggressive trading or small-cap chasing often backfires.
Stick to:

• Large-cap funds or ETFs (10–20% exposure)

• Balanced or hybrid funds for growth with stability

• Debt instruments for safety and predictability

💬 Key Insight: You can’t fast-forward compounding—but you can protect it.

3️⃣ Trim Lifestyle Leaks

Every rupee saved today adds months of comfort later.

• Delay upgrades, luxury gadgets, and unnecessary travel.

• Reassess subscriptions and EMIs.

• Keep “needs” separate from “wants.”

💬 “Buy what you don’t need today, and you’ll sell what you need tomorrow.” — Warren Buffett

4️⃣ Push Back Retirement Age

Working just 3–5 years longer can transform your financial math:
✅ More years to save
✅ Fewer years your corpus needs to sustain
✅ Longer employer benefits and insurance coverage

Stay employable through upskilling and health maintenance — both are hidden assets in your 50s.

5️⃣ Consider a Reverse Mortgage (If Needed)

For retirees who are “asset rich but cash poor,” this can be a lifeline.
Banks pay you monthly against your home’s value, turning idle property into income.
While not emotionally easy, it’s a practical option if your savings fall short.

💡 Finogent Insight

Starting late isn’t the end — it’s just a tighter race.
With higher savings, balanced investing, and controlled spending, you can still achieve financial independence.

CTA: Let Finogent craft your personalised catch-up plan — inflation-proof and realistic for your goals.