If you are aged in your 20s, 30s, or even your 40s, the idea of retiring might be something which seems like some distant event, but if you ask anyone who is close to retirement age, they will tell that it comes around a lot sooner than you ever expect.
Worse than that, if you or your financial planners have not done any financial planning to maximise your retirement income, then you could find yourself in a worrisome situation with regards to your finances after you retire.