Lesson 10: Introduction to Retirement Planning

In this lesson, we'll embark on an exciting journey into the realm of retirement planning. You'll discover why it's crucial to start planning for retirement early and how to set realistic retirement goals. We'll explore different retirement accounts, such as 401(k)s and IRAs, and discuss the benefits and tax advantages they offer. Additionally, we'll cover essential retirement planning concepts, such as calculating retirement expenses, estimating retirement income needs, and understanding the power of compound interest. By the end of this lesson, you'll have a solid foundation in retirement planning and be ready to take proactive steps towards securing a comfortable retirement.