Momentum Retirement Administrators (Pty) Ltd | 391 Anton Lembebe Street, Durban Central 4001, KwaZulu-Natal

Retirement planning is the process of determining retirement income goals and the actions and decisions necessary to achieve those goals. Retirement planning includes identifying sources of income, estimating expenses, implementing a savings program and managing assets. Retirement planning, in a financial context, refers to the allocation of savings or revenue for retirement. The goal of retirement planning is to achieve financial independence. The process of retirement planning aims to identify actions to improve readiness-to-retire.