Experts reveal the 10 most important retirement planning tips for those just beginning to save

Retirement is the process in which a working professional after spending approximately three to four decades in the job market, decides to quit the workforce entirely. Generally, people after reaching the age of 60 or in the late 50s decide to retire. However, before retiring, people generally make sure that they have enough savings in their accounts. That’s because once retired, the regular stream of income into their account will be stopped. That’s why it is important to save money for a retirement fund. That’s where retirement planning comes in.

What is retirement planning?

Retirement planning is the process in which an investor takes plans out their expenses so that they have enough savings in their account in the future. By doing so, one ensures that after retirement, their expenses can be carried out smoothly. This process involves steps like setting retirement goals, ascertaining the amount of money that …