Retirement planning may sound boring today, but when your working years are done and dusted – you will thank yourself for planning and securing a fun and comfortable retired life. After decades of working and earning, when you see retirement on the horizon – it's time to think of your retirement goals and how long you have to fulfill them. Retirement planning not only means saving up money, but it is also essential to invest your savings in the right place to help it grow. Building a substantial financial cushion for your golden years helps you meet your retirement goals, your expenses and minimize the retirement tax hit.