Question

John, a financial advisor, was explaining the phases of retirement planning to his client Prakash. He mentioned that it is important to stay invested in some secured fund once the optimum corpus gets built. Which phase of retirement planning is John referring to?

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Answer 1

Answer:

Step 1: Define Your Retirement. ...

Step 3: Evaluate Your Health — Now. ...

Step 4: Determine When to Collect Social Security. ...

Step 5: Network Through Social Media and Other Methods. ...

Step 6: Decide How Much You Want (or Need) to Work. ...

Step 7: Create a Retirement Budget. ...

Step 8: Find New Ways to Cut Your Expenses (Start Saving More)