14:38 10 March 2013
A lot of people do not really pay much attention to their pensions and retirement fund. Most of them work from 9am to 5pm and do not have the time to plan for their golden years. What they do know is that at the end of their working life, there’s a pension waiting for them.
This may shock you but let me tell you that most pensions will not afford you comfortable retirement. Especially now that the inflation is getting worse and the economy isn’t getting any better.
So, as early as possible, plan for your retirement. Start by looking for great pensions and investment avenues.
If you’re starting young, stock trading or share dealing is highly recommended. Most people who invested on the stock market 20 to 30 years ago are reaping great rewards. You can also try bonds, mutual funds, or you can open your individual savings account or ISA as early as possible.
You can also invest in properties that you can sell when you retire. You can also rent them out so you’ll have a regular monthly income.