Those aged 20 to 30 years had never thought to prepare for their retirement well. They think retirement is the business of the people aged 45-60 years.
Indeed, age 20-30 years is the most fitting chance to prepare for retirement is in his golden career, dependents living is still small, still body healthy, so they can save a little by little to prepare.
These strategies and measures set up retirement funds.
1.Set Goals and Dreams
Preparation earliest retirement is "knowing yourself." What's your dream, is building his own business, and so on? Imagine it's a good dream, so clearly illustrated in your mind. Believe that "it will come true."
2.Identify Characteristics of Self
Indeed, age 20-30 years is the most fitting chance to prepare for retirement is in his golden career, dependents living is still small, still body healthy, so they can save a little by little to prepare.
These strategies and measures set up retirement funds.
1.Set Goals and Dreams
Preparation earliest retirement is "knowing yourself." What's your dream, is building his own business, and so on? Imagine it's a good dream, so clearly illustrated in your mind. Believe that "it will come true."
2.Identify Characteristics of Self
The next step is to identify the characteristics of self. There are several basic categories of investors, ie conservative, moderate and aggressive.
- Conservative type investors who do not want to lose money anyway at all. For that, he was willing to "sacrifice" to get.
- Moderate Type willing to take a little risk to get home return considerable in the medium term.
- Aggressive type of investor who is willing to take risks. In what sense are willing to lose a principal source of capital gain in a relatively long period of time. Highly variable investment option.
In addition to the types of financial instruments above, can add a mix of mutual funds and stocks and other financial products. In essence, low risk low return, high risk high return. If you are only willing to take a little risk, then the results are too few. However, when taking more risks, the results are also of course will be more.
There are so many financial instruments that can be used as a vehicle to achieve financial goals, including enjoying retirement with a secure and prosperous. However, it is not at all advisable to take risks without knowing the consequences, even if you are an aggressive investor type though.
That is, if you want to take an investment, you should know exactly the details, risks and factors that affect it. Goal, so that you can manage and minimize the risk but still get the maximum return. So, please asking, reading, or use the services of an independent financial consultant. They will provide best analysis and stand up for your interests in providing financial advice.
That is, if you want to take an investment, you should know exactly the details, risks and factors that affect it. Goal, so that you can manage and minimize the risk but still get the maximum return. So, please asking, reading, or use the services of an independent financial consultant. They will provide best analysis and stand up for your interests in providing financial advice.
Everything to do with discipline will surely produce satisfactory results. So also invest regularly to prepare for retirement. If not disciplined, though detailed, the result will not be maximal. You should also constantly reviewing your retirement plan on a regular basis, because life is not stagnant. There will be many changes, both changes in income or expenses change. For example, the birth of a child or change financial goals. Consult these changes to your financial planner.
5.Build Networking
6.Understanding Inflation
Inflation is the rising prices in general and constantly associated with the market mechanism. The reason could be due to increased consumption, excess liquidity within the market that triggered the consumption or even speculation.In other words, inflation is also a decline in the value of the currency continuously.
