In deciding how much you should save, the answer should always be as much as possible. Most advisors will tell you to save 15% of your income, but then again, the kind of inheritance you desire and how long you wish to work should greatly influence the amount. Keep inflation, rising prices, and health costs in mind as you plan as these can greatly burden your finances. An investment professional can help you with an insight into this and share tools with you that can help you remain on track with the plan you settle on.<\/p>\n\n\n\n

Bottom Line<\/h2>\n\n\n\n

The most significant step you could ever take towards your retirement is starting. Whether you start big or small, start anyway, and be consistent with your savings. Also, do not save blindly. Have an objective in mind and a sound plan to back it up. An investment professional can help you work it out.<\/p>\n<\/span>","protected":false},"excerpt":{"rendered":"

As with all other successful ventures, the foundation of a good retirement in old age is planning. Since retirement entails the permanent withdrawal from active working life, it is important to plan ahead and ensure that you are stable before retiring. This is because as much as having something to live for makes retirement fabulous, […]<\/p>\n","protected":false},"author":1,"featured_media":47954,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7311],"tags":[],"yoast_head":"\n