To retire in style takes careful, early planning with an understanding of budgets, taxes, and investments. Identify the first three steps of retirement planning. 1.Define retirement goals. 2.Determine the size of the nest egg that you'll need. 3.Adjust your retirement goals based on what you can achieve. People often start by thinking, "I want to retire with a million dollars." The following tasks will help you make a commitment, understand the financial community, and understand the future. Identify the components of an investment program.