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Advancements in healthcare and lifestyle are leading to longer lifespans, which requires careful financial planning. Longevity risk, the risk of outliving savings, is a primary concern. Building a robust retirement savings nest egg through regular contributions to pensions is essential. Investing wisely, considering inflation and the cost of living, planning for healthcare costs, and engaging in estate planning are also important factors to ensure financial security in retirement. Taking proactive steps towards financial planning early in life can lead to a fulfilling and prosperous retirement. [Extracted from the article]