Help me to Retire

So what should you be doing today?

Well the greatest piece of advise I can give you is SOMETHING. Thats right, at least do something in preparation and start today as time literally means money when it comes to your retirement.  You have the basic things such as add as:

• Add as much extra $ into your Super / 401k plan as you can
• Look into salary sacrifice to top up your super before you pay tax on it
• Make sure you have some life / permanent disability insurance just in case - you have to think of your family! (Most super funds offer this free with their account.)
• Save up an emergency fund - enough to get by for several months

Then we have the more serious things you can do:

• Educate yourself - such things as reading this website - taking an investing course etc
• Get your self some property - or more property - and then some more
• Decide what path you want to take - either pay more off your home - or borrow to the max and buy more properties
• Start a stock portfolio or learn to trade or put some money into a high performing fund
• Invest in a business or franchise - remember work on your business not in it.

And my favourite:

• Stash some cash away that your partner doesn’t know about to get that toy you always wanted! ( I can’t be held responsible for recommending this one)