Retirement Planning

Retirement is one of the most important life events many of us will experience. From both a personal and financial perspective, realizing a comfortable retirement all it takes is a little homework, an attainable savings and investment plan, and a long-term commitment. However,managing your retirement is an ongoing responsibility that carries well into one’s golden years.

In the simplest sense, retirement planning is the planning one does to be prepared for life after paid work ends, not just financially but in all aspects of life. Therefore, early in a person’s working life, retirement planning is about setting aside enough money for retirement. During the middle of an individual’s career, it might also include setting specific income or asset targets and taking the steps to achieve them.