It is never too early to start thinking about and planning for retirement in India. Ideally, individuals should start buy retirement plan as soon as they begin earning a stable income, usually in their mid-20s or early 30s. The younger you are when you start investing in retirement plans, the more time your money will have to grow and compound, giving you a larger nest egg to rely on in your later years. However, it is never too late to start investing in retirement plans, and individuals of any age can benefit from creating a financial plan for their future. The important thing is to start as soon as possible to secure a comfortable retirement.
It’s true that starting early is key to building a comfortable retirement, especially when you’re young and your money has time to grow. Even if you're starting later, it's never too late to begin planning. For anyone looking to calculate how their savings might grow over time, a tsp calculator can be a great tool to estimate your future retirement corpus based on your current contributions and expected returns. It’s a helpful way to see where you stand and adjust your plan accordingly