Topic: Retirement

Targeted saving is a simple technique to save for a specific goal or target. This is very useful when we want to separate a portion of our savings or investments so that it grows independently and doesn't get used for general day to day expenses.

Retirement planning is one of those things that is relatively easy to do (a little forethought and effort go a long way) and yet easy to postpone and regret later.

Retirement funds allow us to withdraw from them periodically (monthly or annually). Typically, such funds tend to also have a withdrawal window of about forty years or so. In other words, we would be allowed to withdraw from these starting, say, in our sixties and continue withdrawing till our death.