Retirement planning is anything you do to be in a good financial spot when you retire. The sooner you start doing it, the better off you’ll be.
These days, there are lots of tools you can use to make retirement planning easy, like financial services and advisors, and even employer-sponsored retirement plans that let you “set and forget” your retirement savings.
It’s vital to save for retirement for two reasons:
- So you don’t outlive your money. Generally speaking, life expectancy is getting longer.
- So you can maintain the quality of life you want in your retirement.
This Plan Retirement guide contains lots of practical tips for enjoying a long, prosperous and healthy retirement.