Retirement plan is a process that takes into consideration your future financial goals & income. Plan your retirement with Recipe calculator by following a simple step by step guide.

1. Retirement Planning
Plan Your Future with Investment Calculator

2. What is Retirement Planning ?
Retirement planning determines retirement income goals and the actions
and decisions necessary to achieve those goals. Retirement planning
includes identifying sources of income, sizing up expenses, implementing a
savings program, and managing assets and risk. Future cash flows are
estimated to gauge whether the retirement income goal will be achieved.
Some retirement plans change depending on whether you’re in, say, the
United States or Canada, which has its unique system of workplace-
sponsored plans.

3. Why do you need retirement planning?
You may have several dreams for your post-retirement life. With a little
retirement planning in advance, you can fulfil your post-retirement goals
while maintaining the same lifestyle.With rising inflation, the cost of all
products and services is increasing. With a sound retirement plan, you can
ensure that your retirement funds are protected against inflation as well. It
can also help you be ready for any unforeseen financial emergencies

4. What is the ideal income I need during retirement ?
Every retirement is unique. This is why, the money you need for your
retirement depends on various factors like:
- Your retirement age
- Your health and lifestyle
- Any loans or liabilities
- The retirement goals you may have
- Any commitments you may have to fulfil

5. Description
Retirement planning is a process
that takes into consideration your
future financial goals & income.
Plan your retirement with Recipe
calculator by following a simple
step by step guide.
Url:-
https://recipe.finology.in/retirement
-planning

6. Screenshot

7. THANK YOU…