This post contains editorial samples and/or affiliate links to products I recommend. While this adds no additional cost to you, I will earn a small commission on any sales made.
Life is good. Work’s beginning to pick up and you’re finally beginning to enjoy the fruit of your labor. Those little luxuries that were once beyond your grasp can now be bought comfortably. The money crunch is slowly beginning to wear off. So why should you even think of retirement now?
For 2 reasons…
1. The earlier you begin saving towards your retirement fund, the easier the financial burden will be later on in life.
2. Things aren’t getting any cheaper, so every penny squirreled away goes toward a more comfortable retirement lifestyle.
Saving for “Happily Retired After”
There’s a myth that you need to set apart a large sum of money every month towards that retirement fund, but this is so far from the truth.
1. Start small…but start!
Start saving at least 10% of your monthly income for your fund. Some companies even match those savings so yes, check and see if your employer does that.
2. Don’t invest all your spare funds into one pool.
Make smart investing decisions by investing a little into reliable investment channels that make your investments grow.
3. Don’t live for today!
Now this doesn’t mean you hold back from enjoying life today but it does come with a small disclaimer to live life with its comforts but not too lavishly. Don’t splurge on unnecessary, unjustified expenses. You will see how the money saved will make that difference in your lifestyle, several years down the line.
This is definitely a financial plan that can be attained!
Have you begun planning/saving for your “Happily Retired After?”