If you are looking to prepare for a decent retirement, it is best to start saving early. Build up good capital this is possible at any age.

Retirement savings: Capital guaranteed at retirement for an employee, depending on the goodwill for your boss. Depending on where you live and your family situation, you can save on taxes each year. Wondering how much you save for your retirement? Saving a minimum from $ 100 per month is possible. The question you need to ask, is how much should you save to secure $ 1000 more income per month?

It is a fact: in retirement, each individual would like to be able to enjoy an active life while travelling and the unexpected. For 6 out of 10 retirees (56%) the standard of living decreases by 10% on average.

To maintain your purchasing power after retirement, many people turn to savings younger. Objectives, and to shelter themselves financially by constituting an additional income, to raise the income planned by the retirement pension in your country which will be insufficient.

Indeed, to make up the difference, savings and investments are the best options are life insurance, MLM, real estate …

Saving for retirement should start when you are ready to invest in your future! Is there an age limit?

Saving for retirement is considered a short-term goal, you are saving for retirement. to live comfortably.

“To save without too much effort, the earlier you start the better. After 65 years (or retirement age in your pay), it is difficult, but it is never late to prepare” Start saving for retirement at 45, it will be somewhat a bit hard but not impossible to start contributing. It becomes really necessary, “warns economists.

To ensure a monthly supplement of at least $ 1000, starting to invest from the age of 18 is, therefore, a good idea. The amount of the subscription increases in fact according to the number of years necessary to build up the targeted capital.

What are the ways of saving and which one to favour?

Saving for children’s retirement, isn’t it a bit early to think about it?

The earlier you start, the more you will help him in his life in the future.

When we think about saving for children, we sometimes think that we have to pay large amounts every month and tighten our belts throughout the year. It’s not true. As parents, you are certainly entitled to family allowances which amount to an amount per month. Why not deposit this extra income in an account for your child?

Investment fund savings plan – Progressive wealth development

The savings plan in investment funds allows you to build wealth in several years systematically and simply. From $ 100, you can choose from a range of interesting funds.

Best short-term investments

If you’re looking to invest money for the short term, you’re probably searching for a safe place to stash cash before you need to access it in the not-so-distant future.

As a result, you’ll want to ensure you have that cash later when you need it. So the most important thing investors should be looking for in a short-term investment is safety.

If your goal is to build savings, while having the possibility of having easy access to invested capital, the savings stocks are the ideal solution for you.

Its main characteristic is to guarantee the total availability of the savings. Free of sometimes tax-free, the interest collected through short-term investment. remember, it will be more for capital preservation rather than wealth creation.

Invest in property, with property investment funds.

The question of real estate investment is recurrent. Stone is attractive because it allows you to diversify your investments. It appeals all the more in uncertain times that it can sometimes become a safe haven. The current situation particularly encourages you to think about the distribution of risks and returns on your investments. In other words, don’t put all your eggs in one basket. Part of the cause is weak economic growth and low-interest rates. On the other hand, the attractiveness of real estate by reducing the cost of borrowed money.

Using pooled or collective fund, a professional manager collects money from many investors, then invests the money directly in property or in property shares.

Remember before investing in property

But before you make any decision about investing in property you should find out as much as you can.

Do the research to find out the pros and cons on your own, or take advice. 

You’ll also want to look at whether a different type of investment might better suit your goals.

Unique Alternatives to Savings Accounts That Can Make More Money

Multi level marketing allows you to get started in entrepreneurial in parallel with your professional activity or stay-at-home parent.

Whether you are an employee in the public or private sector or a stay-at-home father or mother, you can create your own side activity and generate additional income.

To do this, you have several possible options with auto-entrepreneur status or depending on the multi level marketing company you want to develop. The initial investment is, after all, modest to start your own business. This usually does not exceed $ 500 and allows you to create your first presentations to generate your first sales.

Does MLM like cashback? Allow you to shop and get a percentage of the amount for cost paid back to you. This means you make some cash when you buy – think of it as a reward or incentive. It’s normally a feature of credit cards, but some current accounts also have cashback.