Retirement planning could be difficult as there are many aspects to be considered, including financial planning, health issues and personal interests.
There are risks for retirement financial planning such as “longevity risks”, “inflation risks”, “investment risks” and etc. “Longevity risks” could be the most difficult among all risks. Leaving a long life should be a great blessing, but if you are not planning ahead financially, there are risks of not enough money to be used for your retirement. There are more health issues with aging, and health insurance is needed for retirement. And before retiring, you also need to prepare for paying the insurance premiums.
This is a kick-start article for retirement planning and there are more to share in the future. All in all, we need to consider what we need and the risks for retirement, and look for the best solutions and tools to prepare in advance.
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