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USING A LUMPSUM CALCULATOR TO ASSESS FINANCIAL GOAL
Introduction to Retirement Planning: Understand the importance of retirement planning in ensuring financial security during your golden years. Introduce the concept of using a lump sum calculator as a tool for assessing retirement financial goals.
Exploring Financial Goals: Define your retirement financial goals, including desired retirement age, lifestyle expenses, healthcare costs, and travel aspirations. Highlight the significance of setting realistic and achievable financial targets for retirement.
Understanding Lump Sum Calculators: Provide an overview of lump sum calculators and how they work. Explain how these calculators can help estimate the lump sum needed to achieve retirement goals based on factors like expected rate of return and inflation.