facebookShould I start planning for retirement? I'm in my 20s and it feels such a long time away? - Seedly

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Linda Tan

18 Apr 2019

Retirement

Should I start planning for retirement? I'm in my 20s and it feels such a long time away?

Discussion (6)

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Cryotosensei

09 Nov 2024

Blogger at diaperfinancingfund.blogspot.com

Yes of course.

Take advantage of compounding interest, the 8th wonder of the world

Hello!

I personally feel that it is never too early to save for your retirement. Currently a uni student, my plan is to probably start saving for retirement once i manage to find a full time job post graduation.

By starting to save earlier, it would mean that you would be able to have more time to grow your money, and that is where the power of compounding would come in to help you to accumulate your wealth!

With that said, while saving for retirement is important, we should always consider the stage of life that we are in when it comes to what we plan to do with our money.

Allan Lee

09 Apr 2019

Financial Planner at Axa Singapore

It's never too early to plan for your retirement. The power of compounding helps in this area for pe...

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