Retiring soon? Most people view retirement as a time for a leisurely lifestyle, with walks by the beach or in the park. However, the reality is not always so rosy. Retirement does not occur just like that. It can only occur with proper financial planning. Retirement and financial planning have to go together.
There are various tools available (and many of them are available online) that aim to help you determine your retirement needs., We have reviewed some of these, which we feel may be useful to the average folk. Here is something to think about – simply calculating how much you need for retirement will not do anything for you – if you do not implement the financial plan. Planning should start as young as possible. This will allow your money and funds to grow through your investments – you should have an investment portfolio that will grow large enough to fund your needs.