Charles N. Riley, CFP®, is a senior financial planner who provides advice, analysis, and customized financial plans for Vanguard's high-net-worth clients. He also helps to train and mentor CFP professionals and candidates within Vanguard. Mr. Riley joined Vanguard in 1998.

"Chuck" is a Certified Financial Planner(tm) professional with a
bachelor's degree from the University of Washington. He is a registered investment adviser with Vanguard Advisers Inc. Vanguard is the world's largest mutual fund company, with about US$2.4 trillion invested in the U.S. in more than 170 funds.

In terms of "whens?" Chuck explained why it is important and valuable to start saving for one's retirement at an early age;' the pros and cons of retiring earlier or later; the mental shift that takes place when one retires especially when distinguishing between "income" versus "spending;" as well as guidance on how much cash to keep on hand, withdrawing from one's retirement account(s) and having 'peace of mind' with annuities as an option.

He also elaborates on why it is important to have an estate plan, some thoughts on long-term care coverage, and why listening to "noise" in the financial marketplace is not helpful.

Questions or for additional information visit http://www.vanguard.com and review the sites "Insight" Section for retirement plain talk.