“The best time to plant a tree was 20 years ago. The second-best time is now.”– Chinese Proverb
The frenetic pace of our digital lives is dizzying! We are constantly on the move! Too many things to do, people to see and places to go. Of course, we all want to be ready for retirement some day, but too often we delay planning for our future. Young professionals, in particular, are so focused on building their careers that they haven’t the time or inclination to think about a time when that career will be behind them. To them, retirement is just a nebulous dream in the distant future. Planning, saving and investing for retirement will just have to wait.
If you have trouble focusing on the savings moves you need to make, changing the conversation from ‘retirement planning’ to ‘planning for your future’ has a better chance of capturing your attention.
Here are some strategies to help young professionals take charge of their financial future:
Rather than espouse the view that it takes discipline and effort to build tangible wealth, I embrace the view that clarity and confidence about your finances contribute to a feeling of empowerment, which is more enduring and sustainable! A CFP® professional can help you stay motivated, too.
by Marguerita Cheng, CFP®
( Image source : we heartit.com)