Whenever we dream of retirement, we dream of having leisurely walks on the beach and leading a comfortable life post-retirement. However, in order to attain those dreams we have to realize that financial planning is part and parcel of retirement. You will not be able to live comfortably after retirement if you do not take the necessary steps now. Various studies have shown that nearly 95 percent of Americans will not have enough money when they retire. The studies further proved that most Americans will not be financially independent when they reach the retirement age of 65.
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