Unfortunately when it comes to retiring, many people start thinking about planning effectively when it’s too late.
It’s common to be so focused on your daily life and what’s in front of you that you fail to plan for the future. You work hard and the last thing you want to do is to sacrifice your standard of living once you finish work.
This is why retirement planning is so important, so you can put a plan in place before finishing work to ensure you are able to live the lifestyle you want once you reach retirement.