Retirement means something different to everyone. For some, it's travel and adventure. For others, it's time with grandchildren, pursuing a hobby, or simply slowing down and enjoying the freedom of an unscheduled day.

Before we can build a financial plan, we need to understand what kind of life you're planning for. Your lifestyle vision drives everything — how much income you'll need, when you'll need it, and how long it needs to last.

There's no right or wrong answer here. This is your retirement, and our job is to make sure the numbers support the life you actually want to live.

Some questions worth reflecting on:

• Do you see yourself travelling — domestically, internationally, or both?

• Will you downsize your home, stay put, or move closer to family?

• Are you expecting to help your children financially, or leave an inheritance?

• Do you have any health considerations that may affect your plans?

When you're clear on the life you want, the financial planning becomes much more purposeful — and a lot more exciting.