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Retirement planning, in a financial context, refers to the allocation of savings or revenue for retirement. The goal of retirement planning is to achieve financial independence.The process of retirement planning aims to:Assess readiness-to-retire given a desired retirement age and lifestyle, i.e., whether one has enough money to retireIdentify actions to improve readiness-to-retireAcquire financial planning knowledge Encourage saving practices↑

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  • Retirement planning, in a financial context, refers to the allocation of savings or revenue for retirement. The goal of retirement planning is to achieve financial independence.The process of retirement planning aims to:Assess readiness-to-retire given a desired retirement age and lifestyle, i.e., whether one has enough money to retireIdentify actions to improve readiness-to-retireAcquire financial planning knowledge Encourage saving practices↑
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