Retirement Planning Overview 123
What Is Retirement Planning?
Retirement planning is the process of learning about, selecting, and executing financial solutions that will allow you to prepare sufficient funds for a comfortable and secure retirement.
Planning for retirement begins with knowing your financial goals and finding the means necessary to accomplish them. It also involves identifying sources of income, estimating future expenses, developing a savings program, and managing assets and risks.
Although this process can be intimidating, it does not have to be difficult. By starting early, considering all the crucial factors, and following the steps needed, you can prepare adequate resources for retirement.
Have questions about Retirement Planning? Click here.
True Tamplin is a published author, public speaker, CEO of UpDigital, and founder of Finance Strategists.
True is a Certified Educator in Personal Finance (CEPF®), author of The Handy Financial Ratios Guide, a member of the Society for Advancing Business Editing and Writing, contributes to his financial education site, Finance Strategists, and has spoken to various financial communities such as the CFA Institute, as well as university students like his Alma mater, Biola University, where he received a bachelor of science in business and data analytics.
To learn more about True, visit his personal website or view his author profiles on Amazon, Nasdaq and Forbes.