Monday, April 2, 2007

Six Key Principles of Saving for Retirement

A nice article by Ben Stein, yes, that Ben Stein, on the basic principles of saving for retirement. He keeps it simple, maybe too simple for some people. Everyone has their own unique situation to deal with while trying to save for a comfortable retirement. So take this with a grain of salt, and tweak to your own situation.

The Six Principles

1. How much you save.

2. How long you give your savings to compound.

3. How you allocate your assets.

4. How much your investment returns annually.

5. How low you keep your fees and costs.

6. How closely you keep an eye on taxes.

Six Key Principles of Saving for Retirement

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