{"id":23342,"date":"2019-11-07T15:28:53","date_gmt":"2019-11-07T22:28:53","guid":{"rendered":"https:\/\/hfin.ca\/?page_id=23342"},"modified":"2020-05-26T20:11:19","modified_gmt":"2020-05-27T03:11:19","slug":"retirement-planning","status":"publish","type":"page","link":"https:\/\/hfin.ca\/retirement-planning\/","title":{"rendered":"RETIREMENT PLANNING"},"content":{"rendered":"
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Most of us understand the benefits of sensible retirement planning but when it comes to actually creating your personal retirement strategy and putting it into effect it doesn\u2019t feel quite as straightforward. The reality is that, while there are lots of variables to consider, it isn\u2019t as difficult to create an effective plan for retirement as you may think.<\/p>\n

Firstly, let\u2019s consider the merits of a retirement plan. Firstly, the plan will aid you in the setting of clear goals for your retirement such as the age that you want to finish work and what you want your retirement to look like in terms of lifestyle. Secondly, it will help you to establish how much you need to save now to have a retirement that meets your objectives. Thirdly, a plan will allow you to choose your investment options wisely.<\/p>\n

How you know how much you need to save is a common question. This depends on three factors:<\/p>\n