Determining Retirement Needs - Introduction

The essence of retirement planning is doing the best one can to ensure somebody has enough money to stop working and still live the lifestyle they wish. This type of planning is more difficult than ever as people live longer, the future of Social Security looks uncertain and employer-funded pension plans disappear. In this chapter, we will review the many elements of retirement planning, which accounts for approximately 19% of the Certified Financial Planner exam.
Retirement Needs Analysis


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