Have the Time of Your Life Considerations for Planning Your Retirement

摘要

Retirement planning can be daunting, which is why many people avoid it. This article provides planning considerations such as how time affects assets and different saving vehicles. Many people spend more time orchestrating their annual vacation than planning their retirement. But a vacation might last a few weeks, while your retirement could feasibly last a few decades. You probably have your next vacation planned, but if someone asked you when you'd be able to retire, would you have an answer? Planning for your financial future isn't as much fun as booking a luxury cruise. And it can be a daunting task. In fact, many people avoid planning for this very reason. Failing to plan, however, can prove devastating. Understanding how to get started and what you need to decide can help make your retirement years a dream come true.