retirement
What You Need to Get Started: Retirement Plan Basics Step 1. When do you want to retire? ________________________________________________ While typically we think of 65 as the common retirement age, today’s longer average lifespans make it less feasible to retire so soon. Many people may have to—and will be able to—work many more years past the age of 65. Whatever your retirement age goal is, be sure to plan for all the […]
This Easter, many around the world will be hunting for eggs, gifting eggs, and eating lots of chocolate and candied eggs, but have you given thought to your nest egg for retirement? The sooner you start saving, the more money you will accumulate. Here are four tips to help you grow your nest egg for the years to come. 1. Set Clear Short, Medium and Long-Term Goals An important part of any strategy to save, is to have very clear […]
At the end of 2016 the Collective Investment Schemes (CIS) or Mutual Fund market in Trinidad and Tobago collectively managed approximately $48 billion dollars. A more detailed look at the CIS market for 2016 can be viewed hereà http://ttsec.org.tt/wp-content/uploads/CIS-Data-as-at-December-31-2016.pdf But what exactly is a Mutual Fund? A Mutual Fund is a type of Collective Investment Scheme wherein a company encourages people to pool their money into one fund. In other words, a Collective Investment Scheme is basically a fund that […]
Do you have a plan for your retirement? Do you know where your money will come from when you retire? Have you started saving for your retirement? If you answered no to any one of these questions then you may be sabotaging your retirement. Many young adults think that they’re too young to start saving for their retirement or, have not even realistically considered life beyond retirement. Individuals, young and old, need to have a plan for their retirement […]