Retirement planning is the process of determining how much money you will need to save in order to retire comfortably and then developing a plan to achieve that goal. This includes considering factors such as your expected retirement age, your current and future income, your expected expenses in retirement, and any potential sources of retirement income such as Social Security or a pension.

A financial advisor can help you navigate the complex world of retirement planning by providing guidance on how much you need to save, where to invest your money, and how to manage your retirement income. They can also provide advice on tax planning, estate planning, and other financial matters that can impact your retirement.

A financial advisor can help you develop a personalized retirement savings plan that takes into account your current financial situation, your retirement goals, and your risk tolerance. They can also provide guidance on which investment vehicles, such as 401(k)s or IRAs, are best suited for your needs and help you monitor your progress towards your retirement savings goals.

A retirement income plan is a strategy for managing your retirement income in a way that supports your financial goals and lifestyle needs. This can include deciding when to start taking Social Security benefits, how to withdraw money from your retirement accounts, and how to manage your investment portfolio to generate income in retirement.

A financial advisor can help you develop a retirement income plan that takes into account your expected expenses in retirement, your sources of retirement income, and your tax situation. They can also help you make decisions about when to start taking Social Security benefits and how to manage your investment portfolio to generate income in retirement.