15/07/2023
Kkv Baskaran Hashini & Hashini Gunasegaran
Retirement planning is rarely the top of mind topic for many people (except perhaps for financial planners). We often go on an autopilot/cruise mode through adulthood, taking things on as they come - whether itβs buying a house, raising a child or planning for the next holiday. However, with the rising cost of living and a longer lifespan for Malaysians, coupled with increasing inflation, planning for our golden years (aka retirement) is a more crucial than ever.
For a safe and comfortable retirement, itβs important to ask yourself the ultimate question: How much is enough, and what must I do to get that amount?
Needless to say, each individualβs retirement needs and funds differ based on their current expenses and desired lifestyle. Here are 4 questions that will help you calculate your retirement fund needs.
1. HOW MUCH WILL YOU NEED AT RETIREMENT?
2. HOW MUCH DO YOU NEED TO SAVE (OR INVEST) TO GET TO YOUR TOTAL RETIREMENT FUND?
3. WHAT IF IβM STARTING MY SAVINGS TOO LATE?
4. I AM SELF-EMPLOYED. HOW CAN I PLAN FOR MY RETIREMENT?
No matter your current financial situation, or how many years you have left to work, now is the best time to start planning for your retirement. You not only get a head start from starting early, you also reap the returns of compounding interest over the years.
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http://wasap.my/60109287053/retirement
http://wasap.my/60109287053/retirement
http://wasap.my/60109287053/retirement
http://wasap.my/60109287053/retirement
http://wasap.my/60109287053/retirement