Mr. Smith is a 45-year- old individual who is nearing retirement age. He has been working for a multinational company for the past 20 years and has built a considerable savings portfolio. he wants to ensure that he maximizes his tax savings and plan effectively for his retirement. lets analyze his situation and provide recommendations for tax planning and retirement planning. Outline the steps Mr. smith should take to develop a comprehensive retirement plan, considering factors such as his current savings, desired retirement lifestyle, expected retirement age and investment option