Want to Retire Rich? Here Are Strategies You Can Deploy at Any Age
Whether your workforce exit is three decades away or coming up next year, these tips can help.
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This week, I’m alerting your attention to one of the most helpful financial tools I’ve come across in a long time. It’s a year-by-year guide to retiring rich — whether you’re at the beginning of your career or nearing the end.
What I like about this retirement playbook, by my colleague Suzanne Woolley, is that it’s realistic, takes age into account and is just a delight to read. Are you 30 years old? Take some risks in your asset mix and don’t feel pressured to sock away everything you’ve got. In your 40s? Protect your earnings potential, which is your greatest asset, and get smart about asset allocation.