Skip to main content

Retirement Plans

Definition

Retirement plans are financial arrangements designed to provide income and security for individuals during their post-employment years, typically involving long-term savings and investment strategies. These plans often include tax-advantaged accounts like 401(k)s or IRAs in the United States, or similar pension schemes globally. While traditionally focused on conventional assets such as stocks, bonds, and mutual funds, there is growing interest in incorporating digital assets into these long-term savings vehicles. They represent a critical component of personal financial planning for later life.