Retirement planning starts with:
A) determining the size of the required nest egg.
B) considering the longevity of the retiree.
C) defining the investment program.
D) determining the interest on income-earning assets.
E) setting retirement goals.

Question

Quizplus · Accepted Answer

Retirement planning should begin with setting specific goals for retirement, such as desired lifestyle, travel plans, and any other specific retirement aspirations. This will help guide decisions about savings, investment strategy, and other important retirement planning considerations. While the other choices listed are important considerations in retirement planning, they should come after setting specific goals.

Retirement Planning Starts With