Planning for retirement: Process that happens prior to retirement to make sure that you have sufficient savings at retirement to provide for future capital and income needs throughout your retired lifetime. The process consists of aspects such as setting goals, analyzing current provisions, the application of complex calculations and the construction of possible tax-efficient solutions to address any shortfalls.
Planning at Retirement: Process takes place when you decide to retire. The process consists of aspects such as an analysis of current provisions, goal setting, the application of tax and other complex calculations, cash flow (Income) forecasts, construction of tax-efficient investment solutions etc. The main focus is to make sure that your provisions are wisely invested and managed to ensure that you have sufficient capital to provide for an income through your expected retired lifetime.