Fiction: I've got plenty of time to save for retirement until later in life—it can wait.
© Copyright 2014 Commonwealth Financial Network
Fact: As life expectancy increases, future retirees will need significantly larger nest eggs so that they don't outlive their savings. But studies show that people are saving less, despite the likelihood of a longer life and inflated living expenses. By bucking this trend and investing early, you can take advantage of compounding returns to help secure the funds you’ll need through retirement.
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