Retirement Planning Is Different than Financial Planning
Financial planning is designed to focus on the acumulation phase of your financial life. It helps to make sure you have a realistic target of how much you'll need after work stops. It also helps to ensure that you are saving and investing enough to hit that target when you do retire.
Retirement planning is designed to focus on expenses after you stop recieving a paycheck. It anwsers the questions of: How will I create an efficient income stream? How does Social Security fit into the picture? How does Medicare fit into the picture? Retirement planning takes into account the income and expense side of the balance sheet.