With rising living costs and longer life expectancy, retirement planning has become more important than ever. While market fluctuations often attract attention, financial experts say the biggest threat to retirement savings is often emotional decision-making. Fear during market downturns and overconfidence during rallies can lead investors to buy high and sell low, damaging long-term wealth creation.
As discussions around the 8th Central Pay Commission continue, demands for a higher fitment factor from employee unions and staff associations are gaining momentum. However, experts believe that implementing a significant increase may place a substantial financial burden on the Central Government.
