The overall objective of financial planning is to prepare the client for any of the two possibilities; of passing away too early or living too long. This article is going to focus on the latter possibility.
Retirement is real. It is a glaring fact. It will hit all of us at some point in time. In addition, it is much closer than it may appear. All of us would rather have our money outlive us rather than the other way round. Retiring from 'working for money' means that after retirement one has to live-off assets accumulated during the pre-retirement or working years.
