Many people delay retirement planning because current needs take priority. Household expenses, loan repayments, kids’ education, and other commitments can easily take priority over long-term savings. As a result, many individuals realise the importance of retirement planning only later in life, when the time available to build a sufficient corpus has already reduced.

Although this can make the journey more challenging, it does not make retirement planning impossible. It simply changes the path. So, what exactly changes when you begin late, and how can you still plan well? Get all the insights below.