Benefits of Retirement Retirement planning offers significant rewards, both financially and emotionally:
- You are prepared for unexpected expenses and events.
- You acquire financial security and a feeling of general well-being.
- Your financial flexibility increases.
- You avoid situations where, just before retirement, you make hasty decisions that can affect your financial future.
The keys to an effective retirement plan are to obtain the customer’s firm commitment to save in a disciplined manner, to comply with the necessary periodic contributions, and to be prepared to confront the personal challenges brought by retiring.