Listing ID #5353434
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Contact SupplierWith increase in life expectancy at birth increases the period of retirement. Consequently, it adds to the value of suitable retirement planning. Additionally, changing family systems (from joint to nuclear families), demand for more financial freedom in retirement rather than being dependent on children, there comes the need for retirement planning to enjoy higher inflation adjusted living expenses.
Retirement planning is about ensuring that there is adequate income to meet the expenses in the retirement age of an individual’s lifecycle.