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What is retirement planning?

Retirement Planning is financial planning for our old age.

We do retirement planning when we are young with one simple goal in mind:
To not depend on anyone in our old age for our financial needs

Quick Tip

Remember these mantras for Retirement Planning:

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    It is never too early to start retirement planning.

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    Planned investments now, happy retirement later.

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    Points to remember

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    Retirement planning is financial planning for our old age.

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    It will lead to a happy retirement without being a burden on anyone.

Next section will tell us why one should have a retirement plan

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