“A new job is like a blank book and you are the author.” – Unknown
As you start your first full-time job, many opportunities open up. You get a chance to put all the hours you spent studying, training and developing your craft into practice. It’s exciting to start setting your goals and think about what you want to accomplish. The feeling of starting your career can make it tough to envision life after you finish working. After all, you just got started; why should you have to think about how you will live after employment?
Regardless of how long you plan to work or the level of your ambition, saving for retirement should be approached like the tortoise in the race. Slow and steady is the only way to win, so starting your saving plan early is essential. But the best part: you don’t have to give up on your current dreams to prepare for retirement.
Keep reading to learn more about standard retirement accounts, how they work and how you can start saving.