Although not much has changed when it comes to planning for retirement, the challenges that today\u2019s savers face may not be the same as the previous generations.<\/p>\n\n\n\n
One, life expectancy is on the rise. In 1960, the earliest year the United Nations began keeping global data, the average person<\/a> could expect to live to 52.5 years of age. Today, the average is 72\u2014and potentially longer, which also means, you\u2019ll need your money to last longer.\u00a0<\/p>\n\n\n\n Compounding matters, higher-than-expected<\/a> inflation, especially in the United States and major European economies, is taking a toll on the global economy and financial conditions.<\/p>\n\n\n\n All things considered, how can one still attain the retirement they\u2019ve always wanted\u2014whether that\u2019s travelling around the world, living a luxurious life, or just spending more time with family and friends\u2014without having to stress about money? <\/p>\n\n\n\n In this retirement guide, we\u2019ll break down some of the steps that we think may be useful, from basic budgeting tips to figuring out goals that could set you on your way to financial freedom. <\/p>\n\n\n\n Related: <\/strong>Halal Investment: A Beginner\u2019s Guide<\/a><\/p>\n\n\n\n