When People Are in Their Twenties Or Thirties – Retirement Seems a Long Way Off – But is it Really?
When people are in their twenties or thirties, retirement seems a long way off. But is it really? Time has a habit of moving forward unnoticed. We have been programmed from the time of the caveman, to ignore any long term threat. Nothing seems important unless it is immediate. Knowing there is a lion in the bush, is not the same as having the lion leap out of the bush onto our back. Income protection or pensions don’t seem important until we need them. It is the well know flight or fight syndrome that is taking place. Most people at one time or another wake up a night worrying about either money or health. If that happens to you, you know it really is time to act. Typically, for many employed or self employed, there isn’t enough money to start saving or investing. In some cases, the situation is such that pension and income protection planning is started too late, and there is insufficient time for typical investments to grow. This means your pension would be too small to be of great v
