Retirement planning guide pdf

There's an old, well-known adage that says, "There’s no time like the present." We've all heard the phrase at one point or another, and while it probably wasn't referencing when to start saving for retirement the first time it was uttered, it may as well have been.

When saving for retirement, two important factors come into play: money and time.

Give 5 reasons why retirement planning is essential

The industry tends to focus more on the financial aspect—constantly pointing to the disastrous effects of too-low contribution levels on retirement outcomes. However, time is arguably more important. The sooner you begin to save for retirement, the more time your money has to grow.

And the more time your money has to grow, the more time compounding interest has to do its thing: grow your nest egg.

How early should you start saving for retirement?

When it comes to deciding at what age you should start saving for retirement, there’s no time like the present.

Whether you’re 22 and just got your first job or you’re 55 and are seeing the light at the end of the proverbial career tunnel, if you don’t have anything stashed away f

when should you begin retirement planning

when should you begin retirement planning quizlet