What Is Retirement Planning?​

Retirement planning is the process of determining retirement income goals and the actions and decisions necessary to achieve those goals. Retirement planning includes identifying sources of income, estimating expenses, implementing a savings program, and managing assets and risk. Future cash flows are estimated to determine if the retirement income goal will be achieved.

What are the steps in retirement planning?


  • Step 1: Define Your Retirement.
  • Step 2: Evaluate Your Health — Now.
  • Step 3: Determine When to Collect Social Security.
  • Step 4: Network Through Social Media and Other Methods.
  • Step 5: Decide How Much You Want (or Need) to Work.
  • Step 6: Create a Retirement Budget. …
  • Step 7: Find New Ways to Cut Your Expenses (Start Saving More)

Enjoy the ride

Let us take the mystery out of financial planning so you can focus on what matters.