If you want the best retirement, you need to start right now. You need to start thinking about retirement regardless of your age or
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Category: Investing
Investment Terms
The investment terms are all hyperlinked to www.investopedia.com. They have very comprehensive definitions.
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Investing for retirement
If you are not debt-free, you are not ready for investing for retirement. You need to follow the steps previously discussed before you can began to invest for retirement. This is step number five of your essential steps.
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Retirement
How many of you have taken the time to figure out how much you’re going to need to retire? Chances are you have not. If you don’t figure out what you’re going to need, you won’t know if you’ll have enough. You want to be proactive in providing for yourself. Most people don’t. Most people end-up on social security and working part-time.
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The Financial Advantage of Youth
If you start investing when you’re young, your money has more time to grow. Heck, is you’re 20 years old and you invest $167 a month, roughly $2,000 a year, at 6% for 45 years, by the time you’re 65 you will have $460,251.
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