Some reasons that you should plan for retirement are:
1) Social Security, Medicare, and pension plans are all facing uncertain times. If you do not make plans for income besides Social Security, you could find yourself in dire financial straits.
2) You never know if you will have unforeseen expenses, such as illness or injury to yourself or a loved one.
3) If you don't make conscious choices with your money, it tends to slip away. Planning for retirement harnesses some of your income so that it can meet critical needs later in life.
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1) Social Security, Medicare, and pension plans are all facing uncertain times. If you do not make plans for income besides Social Security, you could find yourself in dire financial straits.
2) You never know if you will have unforeseen expenses, such as illness or injury to yourself or a loved one.
3) If you don't make conscious choices with your money, it tends to slip away. Planning for retirement harnesses some of your income so that it can meet critical needs later in life.