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FINANCIAL PLANNING FOR RETIREMENT

Imagine going to a picture gallery where all the pictures are blurry. Would you not be more interested if the pictures were High Definition with clear silhouettes. This is exactly how Retirement Planning looks to most people-a walk through a gallery of blurred pictures!. The uncertainties about the distant future and reliance on too many assumptions make the retirement planning vague and therefore people lose interest in planning for it actively and so they go with whatever default, low effort retirement plan options they are offered. Planning for post-retirement income is important because most of us no longer live in the era of defined benefit pensions. We’ll live by what we have saved, therefore it is important to know where we’re on our journey of financial freedom. You can find financial calculators on the internet that will pop a number to you that you have little understanding of, and therefore will help little in shaking the inertia because people are still clueless w...
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