Why One of the Biggest Perks of Retirement Planning Has Nothing to Do With Retirement
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Save what inspires you
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Your future self might have more income, but it’s also fairly likely that your future self might have less income and you’ll find yourself in a really bad situation.
Even if your future self is doing well, there are probably going to be other big expenses that you’ll want to deal with at that time, like buying a house.
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Savings and investments should be part of a monthly budget even when young or just starting a career.
You cannot save enough if you are waiting until your late 30's before...
To have a secure and financially independent retired life during your golden years with regular post retirement income, a corpus of savings/investments and a safe shelter or home.
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Most of the popular finance books lack substantive advice on investing. They are inspirational & their core message is a good one: You are ultimately responsible for your own financial...
R. Kiyosaki's "Rich dad, Poor Dad" reads like a novel. The most shocking message of the book:
Don’t focus on your job or career. Think primarily about building personal wealth.
“With low interest rates, and an uncertain stock market, the old adages of saving and investing for the long term make no sense.”
It is what Kiyosaki recommends in his famous book, but saving and investing for the long term are exactly what most experts say you should do.