Retirement Planning

Before discussing Retirement Planning one must have a clear understanding of what retirement is. Retirement is old age life when the person has become free from your personal & professional liability.

After spending your whole life to fulfil the needs of your family. It is the retirement age when you get time to fulfil your dreams and those things do require money. Therefore, it becomes crucial to be independent at that age also. There comes the need of retirement planning.

Thus, retirement planning is done by an individual to earn a regular income after retirement.