From the course: Personal Finance Tips and Tricks
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How to rethink retirement
From the course: Personal Finance Tips and Tricks
How to rethink retirement
- For most people under 50, the concept of retirement can be difficult to imagine, let alone plan for. How do you plan for something that seems so far away? And how do you navigate the minefield of acronyms and regulations, and service providers? If you're lucky enough to live in a country where you're provided a pension or a defined benefit for your life beyond employment, congratulations, but that doesn't mean you don't need to think about what the third phase of your life will look like. For many people all over the world, their comfort level in retirement is determined by a simple factor, prioritizing your future self over your current self. But think of yourself at the age of 71. Can you imagine what you're gonna be doing on a Tuesday morning when you're 71? It's not easy, right? Here's four building blocks to make sure the 71 year old you will rock your retirement. Number one, take advantage of any free money offered to you, usually in the way of a company match for your…
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