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Thursday, September 9, 2010

Start Planning for Retirement

I personally feel that it is better to start early or plan early for retirement. It can be very challenging if we do not start early. 

As we age, our savings will slowly start depleting. So when we are in service, we need to actively save the most. 

Atleast 50% of our income should go to savings during our prime age. So start saving from 25 onwards or atleast from 30 years. 

This will help in having enough capital in hand by you reach 60 years of age.

Save and invest wisely. 

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