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Preparing for retirement

-- debt
Forum Post
11/20/10 21:43
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Preparing for retirement

Most of us live as if retirement would never come. As a result, a lot of people don't have enough money to go by when retirement time comes. ~~

This attitude that American retirees have is not a good practice because their families would be left to pay for all their debts if they die.

We should all prepare for retirement by saving a portion of our earnings and putting it in an interest earning financial instrument like a time deposit. Getting a pension plan is also a good idea.

Link: Dying with debt: A dirty little retirement secret - USA


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