Retirement Strategy - retirement Planning

RETIREMENT PLANNING FIRSTLY LOOKS AT THE AMOUNT OF MONEY THAT IS REQUIRED TO MAINTAIN THE LIFESTYLE THAT YOU WANT AND FOR THE PERIOD OF TIME YOU REQUIRE IT.

The latter is often an open ended question. Apart from the income there may be capital requirements for say holidays, new cars, moving house, retirement villages. Later on it could be for health costs such as hip replacements, glasses or hearing aids.