Unless you want to work the rest of your life, retirement is a topic that should be discussed earlier than later. Too many people fail to plan for retirement and by the time they realize it, its too late. The statistics are alarming on how little savings retirees have in their accounts. While social security may still be around when you retire, I wouldn’t solely depend on it.
People who have a plan in place tend to be happier and have a higher standard of living than those who do not. With this collection of strategies and tips, we hope to educate the beginner investor to start thinking about retirement early in life.
Time is one of the most important factors affecting your wealth. The longer your money can sit and grow, the more it will accumulate to. You also greatly reduce your risk and increase your chances of success by having a longer time horizon when investing.
With the right education, we hope to turn these numbers around and help make everybody comfortable when in your retirement years.