Retirement Planning is the process of defining retirement income goals and determining the necessary steps to achieve those goals. It involves assessing an individual’s current financial situation, estimating future income needs, and developing a savings and investment strategy to ensure financial security during retirement. This planning typically considers factors such as expected retirement age, desired lifestyle, potential healthcare costs, Social Security benefits, pensions, and investment vehicles like retirement accounts (e.g., 401(k), IRA). Effective retirement planning aims to ensure that individuals can maintain their quality of life and meet their financial obligations after they stop working. It often includes ongoing adjustments and reviews as life circumstances and economic conditions change.
### The Future of Retirement in France is Under Review As Prime Minister François Bayrou prepares for his general policy speech, shifts in the contentious retirement reform are on the…