WATCH: What should you consider when planning for retirement?

When planning for retirement, Rafi Rodriguez of Ask Rafi Retirement Lifestyle Solutions said that people should consider how they will spend it, including time spent with family, philanthropic pursuits, traveling or even a second career following their passions. He cautioned, though, that a person’s health should be a major factor in those plans.

“So, all these kinds of things go together into determining ‘what is a lifestyle that I will enjoy?’” he said.