When it comes to retirement, it’s always better to start saving earlier. It’s always better to classify your savings into long term, short term and medium term. If you decide to start a business with the long term money that you had saved for your retirement, then you would be short of funds when you start your retirement life. Your long term savings can’t be used for your immediate needs of starting a business as you might not have anything left for your retirement.
Keeping aside your retirement savings would be a better option as it would be very difficult in the future to manage without money. Taking a business loan instead, and trying to pay off the loan in EMIs is a better option than disturbing the retirement money. This way you will have a chance of meeting all your business needs with the money you have borrowed. This way your retirement money will remain intact.