Retirement is more than just the end of a career—it’s the beginning of a new chapter, one where financial freedom plays a central role in maintaining your desired lifestyle. Smart planning today lays the foundation for a secure and fulfilling tomorrow.
The Basics of Retirement Planning
Retirement planning starts with a clear understanding of your financial position. Two essential metrics form the foundation of your readiness:
Net Cash Flow: The difference between your income and expenses. A positive net cash flow allows for consistent savings and investments.
Net Worth: The sum of your assets minus liabilities. A growing net worth is a sign that you are building wealth for retirement.
Regularly evaluating these metrics ensures your finances are aligned with your long-term goals.