Why retirement planning is important?

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People always undermine the importance of retirement planning. While the retirement period is around 1/3 of your life and that period is increasing with medical advancements. Definitely you cant work for your whole life and the State Pension won’t be enough to fulfil all your needs. With increasing age, you might see a health decline and all portion of your money may seem to go into medical expense.

If you want to enjoy your life and don’t want to be a financial burden on your family you should definitely consider retirement planning.

To know more about the importance of retirement planning, read the full article by Oli West on Pensionbee here.