Retirement planning is the process of setting goals for retirement and developing a strategy to achieve those goals. This includes estimating future expenses, determining sources of income, and creating a plan to accumulate savings and investments that will provide financial stability in retirement. Key components of effective retirement planning involve assessing one’s current financial situation, understanding the desired lifestyle during retirement, and considering factors such as longevity, inflation, taxes, and healthcare costs. The aim is to ensure that individuals can maintain their standard of living and meet their financial needs once they are no longer working.
The French government faces a pivotal moment within hours of delivering a crucial address. François Bayrou appears ready to rethink the controversial retirement reform amid rising political pressure. His aim…