Retirement planning, in a financial context, refers to the allocation of finances for retirement. This normally means the setting aside of or other to obtain a steady at retirement. The goal of retirement planning is to achieve financial independence, so that the need to be gainfully employed is optional rather than a necessity.

The process of retirement planning aims to:

  • Assess readiness-to-retire given a desired retirement age and lifestyle, i.e. whether one has enough money to retire; and

  • Identify actions to improve readiness-to-retire.

  • Acquire financial planning knowledge

  • Encourage saving practices

Obtaining a financial plan

In recent years, producers such as a financial planner or financial adviser have been available to help clients develop retirement plans, where compensation is either fee-based or commissioned contingent on product sale. Such arrangement is sometimes viewed as conflicting to a consumer’s interest to have advice rendered without bias or at cost that justifies value. Consumers can now elect a do it yourself (DIY) approach, given the advent of a large, ever growing body of resources. For example, retirement web-tools in the form of simple calculator, mathematical model or decision support system have appeared with greater frequency. A web-based tool that allows client to fully plan, without human intervention, might be considered a producer. A key motivation beyond the DIY trend is based on many of the same arguments of Lean manufacturing process, a constructive alteration of the relationship between producer and consumer. For more information please complete the application their agent will contact you directly.

At Green60.com, we provide limited information regarding Retirement Planning. Green60.com is NOT an insurance agent or broker and we do not offer or sell any insurance products, Retirement Planning or financial products. We have contracted with several reputable companies who offer these types of the services. As a payroll service provider we are more than happy to work with your agent to facilitate this process. Through our payroll system we can deduct and transfer the designated funds from your account to the investment company. Please click on “MORE INFORMATION” link and submit your information someone will get back to you shortly.