By Craig Erwin, Ph.D.
A woman 50+ asks if it’s too late to save for retirement. I told her it’s never too late, but it’s best to start young. If you only have a decade left, you can still accumulate a handsome sum, but you must save most of each paycheck. Put it in a stock index fund; buy and hold.
Are you confident that you are saving enough to retire? Is your investment portfolio in low fee stock index mutual funds? Do you need to play catch-up by increasing the amount deducted from your paycheck?
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