Crash Course: Retirement Planning (12-6)
Kevin Bracker of Pittsburg State University stops by the studio to talk about why it’s never too early to plan for retirement.
It’s way easier to get rich slowly rather than quick, so investing early is important to maximize your investment income. This makes it where part of your retirement fund isn’t all of your own money you invested, rather it’s accrued from interest over the years.
While it can be hard to invest into retirement at a young age, starting small and building the habit of investing is important.
You should also take advantage of your employer’s 401k program if they offer one. Generally, employers will match some of (if not all) of the money you invest into the program.
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