This small topic, but I'm thinking more about my pension. I really only 25, where some people being a bit hasty. But here's something scary math for you:
A person is 25, and decides to invest $ 2,000 dollars a year for 8 years
Person b 34 and decides to invest $ 2,000 per year for 32 years
Both people never invest another penny, but just let pensions grow with compound interest in the scheme ... Reasonable health pension
It has the largest pension fund to age 64? It's pretty shocking, but there's really not much in it! Why I'm starting early!
Try pensioncalculator.org for some more useful tips and advice, have a look at calculator too. They deserve to know what you need to invest to achieve retirement goals. Personally I want to retire early, so I am plotting ahead now.
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