What Is The Best Way To Plan For Retirement? 
First create a financial profile that includes your timeline to retirement , your life expectancy , your tax bracket and your risk tolerance . Estimating timelines will help you frame your retirement planning . Knowing your tax bracket will help you decide whether to use a qualified or non qualified retirement plan . Determining your risk tolerance will also help your select the right investment product . You need to discover if your employer sponsors a retirement plan , especially if it offers matching contributions . This can help you decide whether to use an individual or employer sponsored retirement plan . 