March 31, 2014 in Retirement

5 stages of retirement planning

Too many people think of retirement planning as a problem for the fifth and sixth decades or even later, but people who start thinking about retirement when they are young have more money and more fun when the time rolls around. Here are the five important stages of retirement planning, as outlined by Katie Libbe, vice president of consumer insights for Allianz Life.

Stage 1: Ages 20 to 30

Stage 2: Ages 30 to 40

Stage 3: Ages 40 to 50 (the big money years)

Stage 4: Ages 50 to 60

Stage 5: Age 60-plus

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