When is the best time to start planning for your retirement?

Discuss Retirement Planning here
Post Reply
Tunde
Reactions:
Posts: 82
Joined: Fri May 23, 2025 6:46 pm
Has thanked: 1 time
Been thanked: 3 times

When is the best time to start planning for your retirement?

Post by Tunde »

A person should begin to plan for retirement as early as possible. The earlier, say, in your 20s or 30s, the better because your savings and investments would have compounded by then, though you can start later and do well with consistent savings and smart investments.
Peaktrader
Reactions:
Posts: 73
Joined: Sun Aug 10, 2025 7:08 am
Has thanked: 1 time
Been thanked: 3 times

Re: When is the best time to start planning for your retirement?

Post by Peaktrader »

I think it should be early enough as of when you begin earning an income.
User avatar
TheSmartInvestor
Site Admin
Reactions:
Posts: 76
Joined: Sat Apr 05, 2025 10:24 am
Has thanked: 4 times
Been thanked: 4 times

Re: When is the best time to start planning for your retirement?

Post by TheSmartInvestor »

I would say any time is better than none but the earlier the better since it's all about compounding your money over time.
Post Reply