What is Retirement Planning?
Retirement and pension reforms have been the subject matter of many debates in recent times within and outside the government. Given the lack of social security benefit to the majority or population, the onus is on individuals to plan for their own retirement, and a right regulatory framework and appropriate tax incentives can help accelerate the pace of growth in this sector.
There has been a widely felt need for progressive and comprehensive reforms initiatives for greater awareness and participation in the retirement planning.
Retirement planning involves an analysis of the various choices that one can make today to help provide for financial future.