Smart financial decisions can set you up for a secure senior life, especially if you’ve only been concentrating on your business finances. Here are some tips to help you make the most of your financial future.
- Start saving early
The earlier you start saving for retirement, the more time your money has to grow. Consider starting a 401(k) or IRA as soon as possible to take advantage of compound interest. The power of compound interest means that the earlier you start saving, the more your money will grow over time.