Quora Answer: What Do Most Retirement Planners Focus On?

The following is my answer to a Quora question: “What do most retirement planners focus on?”

The focus of retirement planning is to have reasonable passive income upon retirement so that you can maintain a standard of living close to what you had prior to retirement.  That being said, we have to consider the period of investment before retirement.  The longer the investment horizon, the greater the earning potential.  We have to consider your risk capacity. We have to consider your current earning capacity, and how much you are able to set aside.  We have to consider your expectations, and your desired standard of living.  And then, based on all this, work out an investment plan that would best address all these, sometimes conflicting, factors.