In your youth, retirement may seem a distant thing to worry about. Yet, if you want to lead a comfortable and dignified retired life, retirement financial planning is necessary. Whether your ideal retirement looks like a relaxed time at home with family and loved ones or one of adventure and travel, it will need money. Retirement financial planning means preparing for a steady stream of money after retirement. It entails setting aside funds and investing specifically with that goal in mind. Your retirement strategy will depend on your final goal, income, and age. Why do you need retirement financial planning? Growing old can be expensive. Although frivolous expenses might reduce, medical bills are only likely to rise. The burden of inflation and not having enough money to sustain future expenses can cause stress and worry. Having a retirement investment plan is to ensure financial stability in your later years without depending on others. Top reasons to have a financial retirem...