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Planning Ahead for Retirement
Planning for retirement can be a daunting task and it’s too easy to put it off for too long and end up behind where you want to be. Survey after survey and study after study shows that people wait too long on average too start saving for retirement and end up grossly underfunded in their later years. The longer you wait to start planning for retirement, the harder it is to catch up. The good news is, once you start your planning and saving it is a lot more hands off than most people realize. One of the biggest mistakes made in investing is being impatient. Of course you need to keep an eye on your money, but that mostly involves a rebalance of your portfolio about once a year. For more information on this topic, visit this article by Jason Hall with The Motley Fool.
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