Whether or not you are aware or have been deliberate about it,
you have been 'planning' for your retirement for a long
time. Retirement planning involves all activities from your first
employment, up to and after your retirement, geared towards
ensuring that you and your dependents are well provided for in the
inevitable retirement phase of your life.
Aside from the prescribed retirement age applicable in the
public service and in particular sectors, depending on your outlook
and personal circumstances, retirement age could vary considerably.
Some people may choose to retire early, say before 50 years, while
others will retire later at 60 years, or for however long their
terms of employment permit. Many factors including state of health,
desire to pursue other activities, and very importantly, the level
of financial resources and responsibilities, affect retirement
timing. For some, the timing of retirement is not entirely up to
them. Sometimes accidents, ill-health,
