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It’s Never Too Late To Save For Retirement

December 23, 2021 · wpx_womenret · 88 Comments

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?

For more information on retirement, saving, investing, and wealth accumulation, click on the following links:

To Build Wealth, Acquire Assets That Appreciate
Don’t Pay Money Managers Who Can’t Beat The Indexes
If You Are Near Retirement Age, Play It Safe
Female Investors Outperform Males By Taking Fewer Risks
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RETIREMENT, SAVING AND SPENDING, WEALTH AND INCOME

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