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Best retirement planning is to start early
If you are a “millennial” (someone born after 1979 and in the work force) you most likely are a one day at a time financial planner.
Not a good thing. Some tips for the millennial worker from financial hotspot Motley Fool, suggest you keep acting like a poor student long after you have graduated. Don’t dump the roomies and don’t opt for the latest and greatest set of wheels.
The premiere rule is keep from incurring credit card or any other kind of debt. Then make sure you shell out the extra few bucks for your company’s 401(k) or other retirement plan or IRA. It’s pretax money and not difficult to set up. Save, save, save. Invest every extra dollar you can in an index fund that is diversified, and before you know it, your net worth will astound you.
It may never be too late to start dreaming, but it’s never too early to start saving so you’ll have something to dream about.
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