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Currently short-term-ish? I have achieved more than half-a-year of income in my short-term savings, but I feel unsure if I should start long-term i.e. pension-
by a-saleh 8y ago
Currently short-term-ish?
I have achieved more than half-a-year of income in my short-term savings, but I feel unsure if I should start long-term i.e. pension-fund-style savings. As I will be 30 next year, I probably should. I probably should start saving for my daughter's college.
- kennxfl 8y agoIf you have to save, I'd probably advise against doing it through long-only pensions. In 2008 when everything was wiped out, a lot of retirees had to settle for next to nothing. I'd strongly recommend watching this video: https://www.youtube.com/watch?v=eBVx0Fw1VXo https://www.youtube.com/watch?v=eBVx0Fw1VXo It totally flipped my savings approach.