FINANCE GURU ADVICE

Retirement Planning : Securing Your Financial Future  WHAT IS RETIREMENT PLANNING ? Retirement is a milestone that many of us wait for, a time to relax, travel and enjoy the fruits of our labor. To have a prosperous retirement life , you need a strategic retirement planning. Retirement Planning is the process of ensuring that you have enough wealth/finance to live a comfortable life even after you stop working.  KEY STEPS AND CONSIDERATIONS INVOLVED IN A STRATEGIC RETIREMENT PLANNING 1. PLANNING YOUR RETIREMENT GOALS & TIMELINE Retirement Planning begins with retirement goals and timeline. What you want to do in retirement or how to spend your retirement time are plans which come under the retirement goals. It can be activities like public service, traveling, gardening or volunteering. Some people love to spend time with family in retirement.  Once you plan your retirement goal, the next step is to plan when to retire. The retirement timeline need to be well calculated depending up