Where will your income come from when you stop working? Retirement planning involves creating and co-ordinating incomes from sources other than employment income. There can be many sources of income in retirement. Some are more tax efficient than others. Good retirement planning involves tax planning. Inflation is also a significant factor. Many of us will spend 30 or more years in retirement. Good planning will identify the obstacles as well as the opportunities available to you. For peace of mind consult with a Certified Financial Planner to make sure you collect the right amount of income for a comfortable retirement.
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