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Saturday, July 28, 2018

Julie Jason: When it comes to retirement, start planning early

Last week, I was invited by a local company to speak to its “young professionals group” about finances. Of course, I had to talk about — you guessed it — retirement. Why would I want to talk to 20-year-olds about that time, decades away, when they will stop earning a paycheck? If you fast-forward to the future and ask retirees their regret, it is not starting to save and invest early enough. That regret is avoidable ONLY if someone older and more experienced brings it up. That may be your role in the life of a young member of the family. First, the reason for regret is that you can’t make up for lost time. And time is the essential element of the equation for building wealth.

from Business https://www.ctpost.com/business/article/Julie-Jason-When-it-comes-to-retirement-start-13110574.php

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