Imagine one day, not waking to the sound of your alarm clock and you can choose exactly where the day takes you, while still having a regular income. With careful planning for your retirement, this can be your reality.
These and many more questions need to be answered if you are planning to retire with the lifestyle you desire.
The retirement planning process begins with you and you are never too young to start planning for your retirement. You need to assess what your financial position will look like when you retire and what your source of income will be, for instance:
Then you need to ask yourself these questions:
We can help you work through all these questions to create a retirement plan tailored to you. Even if you are a very young person, your retirement plan should be a serious priority. By starting early, you can grow quite a large nest egg and might just be able to retire early. A lot of people feel they have plenty of time to worry about retirement planning, however, life has a habit of sneaking up on you!
Once your plan is in place, it is important to actively monitor your investments and review this plan regularly to make sure as you progress through the stages of life it is still working towards your retirement goals.