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Retirement planning

Did you ever notice that many people spend more time planning for a two-week trip than they do for retirement? Odd but true.

So how do you plan for retirement, the journey of a lifetime? Actually, much like how you would plan for a trip:

  A trip Retirement
1 Decide when you want to take your trip. Decide when you want to retire.
2 Decide what you want to do during your trip. Decide what you want to do during retirement.
3 Determine how much your trip is going to cost you. Determine how much your retirement lifestyle is going to cost you.
4 Determine how you will pay for your trip. Determine your sources of income. (No, unlike vacation travel, you can't put your retirement on a major credit card and pay for it later!)
5 Start saving now! Start saving now!

Planning for retirement is relatively easy and certainly worth the effort if you wish to retire with adequate income.

To help you prepare for this grand journey, take the Survival map for future retirees with you. The world of retirement awaits you.

Bon voyage!

This section is designed to help you reflect about the importance of retirement planning. It does not constitute financial advice. We recommend that you speak to a financial planner or advisor for an accurate analysis of your retirement planning needs and action plan.

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