Question

When doing financial planning for your
retirement or old age, you should:

Answer 1

For Retirement Keep in Mind the:

1. Remember to Save
2. Know what requirements or needs you need to meet for retirement
3. Sort out your money for car, rent, home, insurance
4. Make sure to have a retirement plan
5. Look into your pension if you have or you don't have

Old Age :

1. Budgeting your Money through Retirement money ( Specifically Set Aside For Retirement)
2. You can make sure and check that you have medicare or some sort of health insurance/ if you need you can decide when you are ready to use social security or other objects of payments.
3. Make sure to use smart spending; Groceries, Fundamental Needs, Health, and True pleasure or enjoyment.
4. Look into your stock and see what you can change or what you think you should do with them, Keep around 30% of your stock that is the portfolio.
5. Should invest in Real Estate if you have enough

Step-by-step explanation:

These are all important because they are all ways that people can keep their life organized way while thinking of future or present finance, Keeping all of their stocks and savings limited or well distributed, and things that they could possibly buy like medicare to help them be more prepared.