Retirement Planning: It’s Never too Early
Those of us who have seen our retirement portfolios plummet in recent months probably don’t even want to hear the words “retirement planning,” but although the economy is at a definite low it is still crucial to continue planning for retirement. If you are a young up and comer who hasn’t even thought about retirement, this is actually a great time to begin doing your research and to start planning even at a basic level.
Do you want to retire to a fancy retirement community or do you see yourself living out your final days in a fully-owned home? Do you plan to travel a lot in your retirement years? Leave money to loved ones? What type of retirement account will best help you reach these goals? These are the questions you can start asking yourself at any age. There are also great resources out there to help you start planning, especially if you are clueless as to how you will ever be able to retire. As the say, the early bird catches the worm, so it is never to early to start saving for retirement, even when money is tight!