This Is the Best Way to Save for Retirement in Your 50s
You probably know that the best way to save for retirement is to get started as early as possible to maximize the power of compounding. Unfortunately, we don't have the luxury of time travel. If you're in your 50s and find that your retirement savings are lacking, it doesn't necessarily spell doomsday for your retirement.
Many workers enter their peak earning years in their 40s and 50s. Once you're in your 50s, you can use the extra money you're earning to take advantage of catch-up contributions.
Image source: Getty Images.
Source Fool.com
travel BV ADR Aktie
0,56 €
-6,67 %
Leichtes Buy-Übergewicht bei der travel BV ADR Aktie mit 4 zu 0 Einschätzungen.
Das von der Community festgelegte Kursziel für travel BV ADR von 3 € würde den aktuellen Kurs von 0.56 € mehr als verdoppeln.
