No Matter Which Phase Of Life You Are In, Retirement Planning Should Be Among Your Top Priorities

Can a word embody contrasting views? Consider “retirement.” For some, it symbolizes leisure and freedom to pursue hobbies. For others, it’s a reminder of looming financial uncertainties—two diverging perspectives bound by a single term. The very mention of retirement raises a flurry of financial concerns. From fulfilling household responsibilities to clearing debts, the term prompts us to ask difficult questions: Am I financially independent without a steady income? Have I met all my financial obligations? These questions are a jarring contrast to the monthly salary notifications one receives throughout their working years. Retirement inevitably involves three core financial aspects: disrupted cash flows, unplanned maturities, and lingering liabilities. Addressing these areas is pivotal and constitutes the first major step towards a financially stable...