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Retirement planning: Key steps Retirement planning is an ongoing process that will need to be updated as your plans for the future change. Here are the key steps to retirement planning.
24/7 Wall St. Key Points: The Financial Savings and Tax Mitigation components of retirement planning can often become over-emphasized in the overall retirement picture.
Read more: Retirement planning: A step-by-step guide. As you approach retirement, however, relying on a target-date fund becomes less critical, and finding a professional to guide your investment ...
Retirement planning, in a financial context, refers to the allocation of savings or revenue for retirement. The goal of retirement planning is to achieve financial independence. The process of retirement planning aims to: [1] Assess readiness-to-retire given a desired retirement age and lifestyle, i.e., whether one has enough money to retire
Step 3: Choosing a Retirement Plan. Understanding your different retirement plan options is an important way to leverage your savings, make smart decisions about taxes, and hopefully come out ahead.
Here are some tips to start planning today so you can avoid retirement regrets tomorrow. fotostorm / Getty Images. Set Reasonable Objectives "Having a goal to work toward can make saving easier.
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