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9. Financial Planning > Save for Retirement While Still Enjoying Yourself

Save for Retirement While Still Enjoying Yourself

Online retirement planners help you find out if your current plan is working, and tell you what to do if it isn’t.

If you’re planning to live for years after you retire and want to have even more fun than you’re having now, you must build a serious nest egg for retirement. The sooner you start saving for retirement, the easier it is, because you can take advantage of compounding and higher-return investments for your portfolio. You may be able to retire earlier than you had expected if you start saving now. If you wait too long, you’ll have to scrimp before retirement to catch up or pay the price of a lower standard of living after you retire. To find out where you stand and what your next steps are, you must answer some questions and make some educated guesses. Fortunately, you can choose from a number of online retirement calculators that are far easier to understand than trying t....


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