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  • This Is What You Need To Do To Retire At 65 [Chart]

    12 Aug 2015 by Jasmine Stone in Consequence, Finance, Insight, Money
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    If you’re reading this I’m guessing you’re probably younger than 60, that’s kind of our target market. If you’re not then hi Mom and Dad, thanks for stopping in. I promise I’m not avoiding you guys, just been really busy of late.

    Now the idea of planning for one’s financial future might sound like something that can be put off until tomorrow, but of course that’s a rather risky approach. There’s no time like the present, especially when you look at just how those in the know recommend going about retiring with a comfy nest egg that ensures living out the rest of your days like a boss.

    Now to understand this chart below from DesignTaxi you’re going to need to know that, at the time of writing, one US dollar equals R12.82. Not cool at all, so bear that in mind when mapping out your financial futures.

    Some other handy pointers – the table below is aimed at ensuring you retire at 65 with $1 million tucked away, so pay close attention to the age at which you’re starting and the amount quoted. The chart assumes that you’re starting with zero savings and calculates for a 12% annual return. Let’s crunch some numbers…

    See that, easy hey? Well, sort of.

    OK fine, I’m not ashamed to ask for a little help when it comes to ensuring that I finish my days with some serious cash money money. That’s why we tend to listen to our friends over at Consequence Private Wealth. What you get here is personal consultation with the founders themselves, a hands on commitment to ensuring your financial future is given all the attention it deserves.

    No matter how small a fish you might think you are it’s worth talking to the best in the biz to see what they can do for you. Every little bit counts and, as the experts will tell you, the consequences of decisions made today will unfold over a lifetime based on the sound principles applied at their inception.

    [source:designtaxi]

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