Getting a head start on retirement
Jo-Ey Chee | 12 Jul 2019 00:30
Start planning early to ensure a smooth transitioninto retirement. Everyone’s well aware of this but it’s easier said than done.
We’ve no qualms splurging on temporary luxuries like a holiday or smartphone with four-digit price tags but are stumped when it comes to saving for our retirement needs.
Retirement can easily span 20 years or longer, but we don’t realise the importance of planning for it.
Some might feel the task is so daunting that they don’t even want to think about it. According to a news report, 46% of participants in a study in the United States have no clue as to the amount of money they have saved for retirement.
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