Your golden years should be free of financial stress. Proper financial planning could go a long way. A financial plan gets you to start in advance and factor all your commitments. A financial plan helps you consistently work towards set wealth creation targets. A financial plan enables wealth creation and financial security. When you retire, you retire from work and not from wealth creation. Financial planning for retirement includes understanding the various financial products in your retirement portfolio, structuring sustainable cash flows from your retirement corpus, utilizing tax benefits, mitigating risks, and re-balancing asset allocation. A financial plan is a tangible output of the financial planning process that aids wealth creation