Retirement is one of the most important life events many of us will ever experience. From both a personal and financial perspective, realizing a comfortable retirement is an incredibly extensive process that takes sensible planning and years of persistence. Even once it is reached, managing your retirement is an ongoing responsibility that carries well into one’s golden years.

The moral of the story however remains that post retirement regular inflow of income is obstructed and thus it is vital to enjoy sufficient financial back-up.