Why is it important to plan my retirement as early as possible?

When you retire, you need to have sufficient corpus to lead a peaceful and carefree life for the rest of your life. But that needs money and that money has to be planned. Planning your retirement is one of the key decisions in your life as it entails a lot of commitment in terms of money, energy and planning. India is gradually moving out of the situation where parents depended on their children during their sunset years. Like the West, Indians are becoming increasingly self-reliant and hence have started planning seriously for their post retirement life. A planned retirement means you don’t have to have worry about your post retirement days and can live in peace and tranquillity.

The inflation will eat your investment so it's always better in advanced.