Retirement Planning: Why managing your retirement savings is important

Retirement marks the beginning of a new chapter in our life filled with leisure and personal pursuits. It signifies the point when we withdraw from the workforce, typically after reaching 60 years of age, and wish to move ahead with our personal goals and spend more time with our family and support them. It also marks a transition from earning a regular income through employment to relying on accumulated savings, pension, or other retirement benefits to sustain financially. Retirement brings forth the need for financial independence and security to maintain one’s desired lifestyle.

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