5 Best Money Moves to Make in Your 20s

Bangalore: Twenties are the most enjoyable and beautiful decade of one's life. You are young, energetic; just take the first step of your career and of course, be independent! You don't have to be answerable to any one once you start earning. Most people think they have ample of time ahead to start their retirement planning. The truth is as time passes by responsibilities increase, you have little money left to save for your retirement. Here are five retirement moves listed by Rediff one should take in their 20s.

1. Plan for adequate retirement corpus

Each and every plan first needs a base on which the further steps are decided. Similarly your retirement planning also needs a financial corpus. Estimating the amount, as to how much you will need to live a healthy life after retirement. Depending on the corpus you can draw a monthly budget and keep aside the amount.

Weather you plan to retire early or later you have to take care of the funding in the post retirement years, when you will not be having any source of income. Therefore financial advisors suggest that people planning their retirement solutions from early twenties usually have more secured and financially stable post retirement life.

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