Retirement planning is one of the most important financial endeavors you will ever undertake. Suffice it to say, whether retirement is decades away or just around the corner, taking the right steps today can make a big difference.
Now that we’ve established that, let’s dive into what to do and what not to do when saving for retirement.
The Do’s of Retirement Saving
Get a Head Start on Saving
When you start saving early, your money has more time to grow thanks to compound interest. By the time you retire, even small contributions made consistently during your 20s or 30s can add up to a sizable nest egg.
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