• Kavya Dhirendra Singh
• Prof. Abhilasha. N

Introduction: Planning for retirement involves developing a strategy for living in retirement. It entails periodically setting aside money and making wise investments in order to realize personal objectives and dreams. Purpose: The objective of current paper is to examine the awareness level of individuals about retirement planning and various investment options opt by individuals for their retirement planning. Methodology: The study is based on primary data with structured questionnaire with both open and closed ended questions in order to know the awareness and perception among individual towards retirement planning. Findings: The study revealed that majority of salaried individuals have knowledge on retirement planning where they prefer government plans as it involve less risk. Also, mutual funds are most preferrable investment options. Also, medical emergencies and tax saving are the major reasons for retirement planning. The main challenge is due to change in ROI which has great influence by inflation and other economic indicators. Research Implications: The study focuses on understanding insights on individual retirement planning. The most preferred investment options opted by individual while planning their retirement life. Originality: The current study adds to body of knowledge and provides insight view about individual retirement planning preferences and potential problems involved in it.

Retirement, Investment, Return on investment, Investment strategies

"A STUDY ON RETIREMENT PLANNING OF SALARIED INDIVIDUALS WITH REFERENCE TO MUMBAI CITY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 5, page no.b424-b434, May-2023, Available :http://www.jetir.org/papers/JETIR2305156.pdf

"A STUDY ON RETIREMENT PLANNING OF SALARIED INDIVIDUALS WITH REFERENCE TO MUMBAI CITY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 5, page no. ppb424-b434, May-2023, Available at : http://www.jetir.org/papers/JETIR2305156.pdf