The main objective of this paper is to examine the determinants of retirement planning and the approach toward savings and retirement planning. The study is carried out with 164 young employees inthe real estate sector, Navi Mumbai. All analysis is done using the SPSS tool with the Reliability test and Correlation test. The resultshows that the preference to cut down on unnecessary expenses, monthly income, deciding upon retirement age, education level, and age are the most impacting determinants for retirement planning and Savings is dependent on all the determinants of retirement planning. The approach towards savings is impacted due to a lack of knowledge about financial products, the future value of current savings, Money requirements and retirement age as employees have not given thought to the future requirements; being very long term in nature.

Approach towards Savings,determinants of retirement planning