Sunday, October 16, 2016

Retirement investing

How satisfied are you about your retirement savings and how it is being invested. If you haven't given much importance to it until now, you should probably think about it very seriously.  We all have to stop working some day, and so should be prepared to have enough money to last until the end of life for both you and your spouse. Most likely one of the spouses will live until 90 years and the ability to cover the expenses from the time you retire until then becomes very critical. This is nothing to get scared off if you haven't started any retirement planning, but something that should be addressed right now. Ideally, when you start saving for retirement before 30 years of age will be huge advantage due to many years of contributions until age 65 and the power of compounding that comes with that many number of years.

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