Retirement planning is a crucial aspect of one's financial journey. It involves setting aside money during one's working years to ensure that there is enough money to support oneself after retirement. With life expectancies increasing, it has become even more important to plan for retirement. In this article, we will discuss the importance of retirement planning and provide some tips on how to secure your financial future. Why is Retirement Planning Important? Retirement planning is important for several reasons. Firstly, it ensures that you have enough money to support yourself after you retire. This is important because you may not be able to work as you used to and your income may decrease. Retirement planning ensures that you have enough money to meet your expenses even after retirement. Secondly, retirement planning helps you maintain your standard of living after retirement. If you are used to a certain standard of living during your working years, retirement planning ens