Retirement saving is a much sought and discussed subject in our time. It is said that retirement assesment is never too late though ideal if you start it at very young age. Retirement is the ultimate reality that happens to a working professional and it should be the most enjoyable phase of an individual. Effective retirement assesment gives individual a benefit to retain their financial independence even after their work life. Thus, retirement assesment is as important as your education and marriage. We must understand that future largely depends on the choices that we make today. An individual will be able to maintain high standards of living with the help of effective retirement assesment.