What is Retirement Planning?
Retirement planning is understanding what is important to you, defining your lifestyle goals and needs, and assessing your financial resources and ability to meet those goals.
Should you be thinking about Retirement Planning?
If you are unsure what your retirement goals are and whether or not you will have enough income to maintain a comfortable lifestyle while meeting your goals, you should do some retirement planning. Even if you plan to work for the rest of your life, you will need flexibility with your time and income in your older years as fatigue sets in and health care costs increase.