3 retirement planning tips

Planning for your retirement? Then, the tips below would surely help.

10:03 24 August 2013

Retirement should be something that you look forward to. It’s the phase in your life when you finally have all the time in the world to do things that you really love like perhaps travelling around the globe. To make your golden years as comfortable as possible, planning is a must. Below are some of the most useful tips to keep in mind:

• First, you need to exert conscious effort to save money for your retirement as early as possible. The moment you get a job is probably the best time to get started. Put a certain percentage of your monthly salary to your retirement fund. The earlier you start, the bigger your retirement fund will get.

 

• Invest. Perhaps learn about the stock market, bonds, mutual funds, or real estate investing. Just ensure that you know the risks before you put your money into anything.

 

• Monitor performance. Make time to check the performance of your investments as often as possible to make sure that you’re making the most of your money.