The Factors To A Comfortable Retirement

by Dexter Damien Chan on September 1, 2010 · 0 comments

in Financial Planning

Are you prepared for your Retirement?

Most people will say no, that’s no surprise, because to these people, Retirement Planning starts only at the last 5-10 years of their working life. Whatever they have by then will determine the kind of lifestyle they will live during their Retirement. And also a risk factor to consider is that a sudden high expenditure during Retirement will deplete this amount drastically, leaving the future really uncertain…

So should you be noticing this kind of situation, and you do not wish to be in it, then it’s time to take into considerations to a comfortable retirement.

The Factors To A Comfortable Retirement:

1. Time

2. The Interest Rate

3. The Lump Sum Amount

4. Budgeting

The First Factor – Time

[click to continue reading…]

Tagged as: Budgeting, Compounding Interest, Inflation, Interest Rate, Lump Sum, Retirement, Retirement Planning, Time

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