If you live and work in Chicago retirement planning is important to help you be financially stable after you stop working. Any financial expert will tell you that planning early is one of the most effective steps you can take. Participating in your company’s retirement savings plan is recommended, especially if the company matches your contributions. Monitoring your investments is also important, adjusting them as necessary, and a good financial planner can help in that area. Don’t forget to plan for inflation when focusing on your retirement and it’s also a good thing to discuss strategies with your partner. And although it can be tempting to do so, try to avoid borrowing from your retirement funds unless absolutely necessary. The right approach, starting early and getting professional advice can make a big difference when it’s finally time to welcome and enjoy retirement.