We all have certain dreams from the second innings of our lives. We envision it as a life where we have the freedom to do whatever we want and the hope to catch up on all the desires which we could not fulfill in the regular course of our life. The cost of living keeps on rising along with our standards of living.
With professional financial planning your dreams start to shape into reality. A well-planned retirement will enable you to fulfill your desires and enjoy life rather than be bogged down by financial worries. Advanced medical science has increased the normal life span and has created a situation where the number of years a person spends in his working life is approximately equivalent to the number of years in his retired life. Retirement is that stage of life where expenses increase and income decreases.
To equalize the difference between these two financial components, we must have very comprehensive and effective retirement planning.