from a financial planning perspective, retirement is the life stage when: a person shifts from being a net spender into a net saver. a person stops working. a person is old. a person shifts from being a net saver into a net spender.

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From financial planning point of view, retirement is the stage of life when, a person shifts from being a net saver into a net spender.

Calculating the capital needed and the competition is the practice of financial planning. It is also the process of establishing financial guidelines for the acquisition, administration, and management of an organization's financial resources. Making a plan regarding your tomorrow, specifically one that addresses how you will handle you finances and be ready for any potential expenses and problems, is referred to as financial planning. The procedure entails assessing your existing financial condition, determining your goals, generating and putting into practice pertinent advice.

Financial planning can include a wide variety of services, which we describe below. It is comprehensive and all-encompassing. It sees customers as actual persons with a range of aspirations rather than just concentrating on one part of your finances.

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