The Importance of Retirement Readiness


The Importance of Retirement Readiness

Retirement is a stage in life that many people look forward to․ It’s a time when individuals can finally relax and enjoy the fruits of their labor․ However, in order to truly enjoy retirement, it is crucial to be financially prepared․ This is where retirement readiness comes into play․ Retirement readiness refers to the ability of an individual or a household to maintain their desired standard of living after they retire․

One of the key components of retirement readiness is having a reliable source of income․ Traditionally, pensions have been the primary source of income for retired individuals․ However, with the decline of pension plans in recent years, it is important for individuals to consider other options to ensure their retirement readiness․

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