If you are like many people, you must have encountered many surprises requiring funds, such as unexpected car breakdowns, medical expenses, school fees, and major repairs in the house. These emergencies should not surprise you if you know how to plan and practice financial planning. Financial planning ensures that you spend wisely and that your savings and investments align with your short- and long-term needs. Practising financial planning also compels you to seek income and use it effectively. It also allows you to have a better standard of living, be ready for emergencies, reach your wealth creation goal, and have a retirement income.

By reading this book, you will learn about personal finance and retirement planning, comprising the meaning, purpose and benefits of financial planning. Personal financial planning is about ordering your current life and retirement life. This book explains the elements of personal financial planning, which include defining your life's vision for present and retirement life, preparing financial and other life plans for current and retirement life and executing the plans to realize the vision. The book presents actionable strategies and initiatives to plan and execute your life's planning, savings, and investment plans to create money, riches, and wealth for orderly living and retirement. You will learn all these essential strategies in this book.

You will also learn about barriers that can hinder saving and investing and how to overcome them. The book suggests possible sources of income to fund current living and retirement savings and helpfully presents over 25 passive investment opportunities to make passive income during work and retirement life. Retirement requires passive investments and income rather than actively generated revenue to avoid having to work to generate income in retirement. This book, therefore, describes the distinction between active and passive investments and income.

The book also explains ways to protect your wealth to ensure it goes to your chosen heirs during your lifetime and after your demise. In addition, the book includes the author's financial planning and savings and investing journey. The narrative contains the milestones achieved and missed and the lessons learned for the benefit of the readers.