How to plan for retiring in comfort
It's wise to start saving early
The earlier in your career that you start to save, the more time you'll have for your savings to grow, and the less you will need to put aside as you near retirement.
Advance planning helps
It's advisable to work out how much you need to save while you are still working so that you can retire financially secure. When planning, remember to consider factors such as increased health care expenses and inflation.
Planning to retire early?
You can, once you have planned for early retirement and are certain that you have enough money to live on. On the other hand, working until retirement age gives you more time to save while still productively employed without having to use funds from your retirement 'nest egg'.
