There are many reasons why people do not plan for retirement. What are some basic things do you need to know about retirement?
Figure what your retirement needs and costs will be. Most Americans need around seventy percent of their current income just to cover basic necessities during their retirement years. Workers that don’t make too much as it is may need at least 90 percent.
Begin saving while you are young and keep on doing so. It does not matter if you can only save today. Your savings will grow over time. When your money is accruing interest, … Read the rest