retirement planning
Retirement planning refers to the process of setting financial goals and making strategic decisions to ensure a comfortable and secure life after an individual stops working. It involves saving and investing money over the course of their working years, while considering factors such as lifestyle, healthcare, and potential expenses.
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Related Concepts (11)
Similar Concepts
- age-related financial planning
- estate planning
- financial planning
- financial planning and investment advice
- investment planning
- pension plans
- retention and succession planning
- retirement
- retirement age
- retirement benefits
- retirement ceremonies
- retirement income adequacy
- retirement savings
- retirement savings deductions
- tax implications of retirement planning