Financial Independence (Retirement)When Should Retirement Planning Begin?Is 401k Participation Enough?What about Social Security? Any question involving when to begin planning will most likely be answered, “the sooner, the better.” Such is the case with retirement. As well, like financial planning in general, it’s never too late to formulate a plan. However, the longer one waits, the more limited the options become.We prefer that our clients begin early with a plan for financial independence, with retirement from work to follow later in life. Financial independence offers the opportunity to change careers without anxiety concerning effects on lifestyle. Financial independence offers a better work-life balance. As well, financial independence anticipates an easier transition into retirement.That being said, if retirement is imminent, we stand ready to assist you in planning your income strategy for the rest of your life. Better a plan late than no plan at all.