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Retirement
When should I start planning for retirement?
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[QUOTE="Alexandoy, post: 215735, member: 25510"] My take on the time to plan for retirement is when you are 40 or 45 depending on the retirement age. Here, the retirement age is 60 so you can start making plans when you are 40. It is not good to start planning for retirement at a very early age. That thought of retirement can linger in your mind and can interfere with your present life. It is like instead of buying something that you will enjoy you might just save the money for your retirement especially when you have taken a policy for the retirement program. Can you imagine thinking of your retirement at age 20 when you should be enjoying your time with people? In my case, I started thinking of retirement when I was 45. I had a good job and my wife had a good job as well. What we did was to save some amount in a bank account that will serve as our emergency fund and to be the retirement fund when the day comes that we retire. [/QUOTE]
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When should I start planning for retirement?
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