Financial planners such as Andep, would tell you that a plan for your retirement is an essential part of any financial planning.  For a start, as we age, our health often deteriorates so we need to have the finances to cope with the additional expenses of medical treatment or a stay in the hospital. A financial advisor can help you plan for your retirement in the best way possible and the sooner this plan is implemented, the better it will be.

Of course, retirement planning is not all about health. There are many wonderful things you can do once you no longer have to work all day. Retirement gives people the chance to follow a dream they had no time to devote to when they worked. They might want to travel, have luxury holidays, start up a craft or sport, or purchase a property in the country or on the beach to retire to.

It is also necessary to plan for health aids or health care for when you get more frail or have major health problems. Being able to purchase a mobility scooter can help you remain independent and have fun outside even if you can’t walk well. You may need to put in a ramp or add a lift to your home so you don’t have to move, but can stay in it for longer if it is a home or location that you love. It could be that you need to pay for home help such as cleaning and laundry as you get older.

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