What Does A Retirement Plan Consist Of? 
A retirement plan can be a deductible qualified or nondeductible non-qualified plan , generally consisting of annuities and life insurance . The retirement plan should have a future estimated year for the beginning of retirement as well as a life expectancy year for death . The retirement plan should reflect the personal financial profile of the plan participant which includes risk tolerance , product suitability and the established timeline as cited above . Product diversity should be a consideration when assigning the allocation of the plans product holdings . 