For your golden years to be truly the most carefree period of your life, your financial plan must remain robust. You may no longer derive a regular income from your profession/business. Accordingly, your financial plan should be structured to deliver an income that will enable you to maintain the standard of living that you were used to at the peak of your working life.

With adequate accident and health insurance you can hope to be financially independent even in the face of unforeseen eventualities and illnesses.