It is vital to engage in basic retirement planning activities through your working years.

Question

Quizplus · Accepted Answer

Retirement planning is crucial for ensuring financial security during retirement years. It involves setting long-term financial goals, estimating retirement expenses, selecting appropriate retirement savings options, and investing consistently. Starting early and consistently contributing to retirement plans will help individuals build up a significant corpus for retirement. Failing to plan for retirement may lead to inadequate savings, increased reliance on government retirement programs, and financial difficulties during retirement.

It Is Vital to Engage in Basic Retirement Planning Activities