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Retirement Planning : Securing Your Financial Future  WHAT IS RETIREMENT PLANNING ? Retirement is a milestone that many of us wait for, a time to relax, travel and enjoy the fruits of our labor. To have a prosperous retirement life , you need a strategic retirement planning. Retirement Planning is the process of ensuring that you have enough wealth/finance to live a comfortable life even after you stop working.  KEY STEPS AND CONSIDERATIONS INVOLVED IN A STRATEGIC RETIREMENT PLANNING 1. PLANNING YOUR RETIREMENT GOALS & TIMELINE Retirement Planning begins with retirement goals and timeline. What you want to do in retirement or how to spend your retirement time are plans which come under the retirement goals. It can be activities like public service, traveling, gardening or volunteering. Some people love to spend time with family in retirement.  Once you plan your retirement goal, the next step is to plan when to retire. The retirement timeline need to be well calculated depending up

  FINANCIAL PLANNING   Do you feel like your expenses are out of your control?  Are you concerned about inadequate retirement fund? Are you worried or anxious about covering family expenses?  Majority of the people struggle with managing the finance. But don't worry, the good news is that there are resources available for financial plans. By creating a strategic financial plan, you can get complete control over your finances and reach your finance goals. WHAT IS FINANCIAL PLANNING? Financial Planning is the process of creating a well planned comprehensive strategy to manage a person's or whole family's finances effectively. It involves deep analyzing of : income, debt, cash flow, emergency fund, estate plan and few other components. KEY COMPONENTS OF GOOD FINANCIAL PLANNING :  1. SETTING UP FINANCIAL GOAL For a good financial planning you need to setup a  financial goal, which means you should be clear about what you want to achieve with your money. Financial goal can be an