When we think of retirement, a picture appears where we are drinking morning tea sitting in a lush green garden, without the hurry to go to office and without worrying about money. But do these peaceful moments come automatically? No. To turn these moments into reality, sensible financial planning is very important.

Often retired people look back and think - I wish I had known this earlier! So let's learn from their experiences and know what are those important financial lessons that you can adopt to make your retirement not only safe, but also pleasant and memorable.

Learn about personal finance early

One of the most basic but important retirement tips is to learn about personal finance early in your career. Understanding how to budget, invest and manage loans (if any) can lay the foundation for financial independence. Learning about personal finance can help you make smart financial decisions.

Start saving early and regularly

Many retirees wish they had started saving from their first salary. This would have greatly increased their financial security in retirement. Saving regularly allows you to take advantage of compound interest, which grows your money over time.

Invest in experiences and luxuries

Retirement is not just about living life. It is a time to enjoy the fruits of hard work. Many retirees wish they had planned ahead to meet their needs and desires. They wish they had allocated more money for travel, hobbies and personal needs so that their retirement years could be truly golden.

Maintain a source of active income

Some retirees face money problems because they did not plan ways to earn money after retirement. They recommend taking up part-time jobs, freelancing or starting a small business even after retirement to maintain financial stability.

Make sure to get life insurance

A common regret among retirees is that they did not get life insurance sooner. Life insurance provides financial support to your family. It also protects your retirement savings from unwanted events.