Key Points
- Retirement planning should include determining time horizons, estimating expenses, calculating required after-tax returns, assessing risk tolerance , and doing estate planning.
- Start planning for retirement as soon as you can to take advantage of the power of compounding.
- Younger investors can take more risk with their investments, while investors closer to retirement should be more conservative.
- Retirement plans evolve through the years, which means portfolios should be rebalanced and estate plans updated as needed.
13
230 reads
CURATED FROM
IDEAS CURATED BY
Knowledge on Retirement planning is essential as it needs to be planned right from the beginning of career.
“
The idea is part of this collection:
Learn more about moneyandinvestments with this collection
How to use storytelling to connect with others
The psychology behind storytelling
How to craft compelling stories
Related collections
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates