How to Start Planning for Retirement
You know you should be planning for retirement, kind of like you should be eating right and sleeping a full eight hours nightly. But the more years that are between now and your retirement age, the tougher it is to get specific about what your ideal retirement looks like. And that's when retirement planning can feel too vague to be useful.
Truth is, even a vague retirement plan serves you well -- especially when retirement is decades away. You can always make adjustments to it as your lifestyle evolves, but you can't make up for lost time when you're trying to build wealth. And you'll be more motivated to save when you have a wealth target in mind.
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Source Fool.com
