Most of the working force has been saving for their retirement starting from the time you first worked until the time you retire, as seen in your 401K. It all depends on how much you are earning. Some employers have generous retirement plans for their employees while others are stingy with it, some even do not offer it. It will up to the employee to file for their own retirement plan.   Why do you need to save for your retirement? The legal ... Read More

{mosimage}As life expectancy increases, it is possible that retirement will become something some of us will not be able to afford. So the earlier you can start planning for your retirement, the better. You are under no obligation to retire at the State Retirement Age. If you want, you can delay the drawing of your state pension. During the period that you defer receiving your State Pension it will be increased, so that once the pension is started the weekly payment will be ... Read More