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Retirement planning is a combination of strategy, skill, and your best educated guess. It is very important to begin planning while you are young and to set goals. By setting a destination (a dollar amount) that you would like to have in assets before retiring, you can more efficiently assess when you should make the final leap into the golden years of retirement. By using budget calculators or a retirement calculator, and careful planning tools you can set realistic goals. But what should you do if you don't have enough money to retire? Many people have faced this situation and have decided to stay in the work place longer. You may also need to reevaluate your spending habits (the use of financial calculators are essential) and cut back on some of your luxuries. A Financial Planner may also help you find some areas where you can save more money as well.