MYTH-39. I CAN START RETIREMENT PLANNING IN MY 40s


1. Retirement planning in your 20s is a necessity as the chances that you will be alive even at 80 are increasing.

2. You will, therefore, have to also plan for those 25-30 years after you have technically retired.

3. Remember that starting a retirement program at age 55 is 18 times more expensive than it is at age 25.