Let’s Talk About Retirement

retirement?

Posted by Retirement Advisor

amimarie_roberts asked:


why it is important to begin planning for retirement early?

BERTA

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This entry was posted on Thursday, January 15th, 2009 at 8:51 pm and is filed under Personal Finance. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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6 Responses to “retirement?”

1. dclegg202 Says:
   January 17th, 2009 at 9:44 pm

   Planning early for anything gives you more options, greater freedom and increased understanding.

   Like the scouts say, ‘Be prepared’. In this case for anything!

2. Bold Man Says:
   January 18th, 2009 at 12:56 pm

   by the time u reach retirement age u wont have time to think about it. and u can save more money if u start early.

3. chuck_norris_owns_you Says:
   January 19th, 2009 at 7:22 am

   You plan for retirement early so you can start putting money away in an IRA sooner. Your money will grow much further with compounding interest if you have a long time to contribute.

4. Kiran C Says:
   January 20th, 2009 at 5:44 pm

   If someone contribute $400 a month for 10 years in a investment that earns 8% and waits 20 years, he or she will have $341,081.45. If someone else waits 10 years and then invests $400 a month for 20 years, he or she will have $235,608.17. If you start early, you will have time to accure more money.

5. hawks1690 Says:
   January 21st, 2009 at 3:48 pm

   Hi,

   The answer is it is up to the individual. Have a read at the following article and it might give you a few pointers.

   Thanks

6. arch0049 Says:
   January 22nd, 2009 at 11:07 am

   So you do not run out of money late…