RE: Why Investing for Retirement is So Important for Women (Men) (and How To Do It?)

Hey everyone!

Saving for retirement is so important.

I always say the first thing you need to do if you want to start investing for retirement is to just jump in. However, what if you don't really even know how to start investing?

In addition to not knowing how to start investing, it can be scary, stressful, and overwhelming to begin.

Even though it can be scary, it will probably be one of the best decisions you make when it comes to being prepared for retirement.

Investing is important because it means you are making your money work for you.

If you weren't investing, your money would just be sitting there and not earning a thing.

This is important to note because $100 today will not be worth $100 in the future if you just let it sit under a mattress or in a checking account. However, if you invest, you can actually turn your $100 into something more. Investing for the long term means your money is working for you, potentially earning you an income.

For example: If you put $1,000 into a retirement account that has an annual 8% return, 40 years later that would turn into $21,724. If you started with that same $1,000 and put an extra $1,000 in it for the next 40 years at an annual 8% return, that would then turn into $301,505. If you started with $10,000 and put an extra $10,000 in it for the next 40 years at that same percentage rate, that would then turn into $3,015,055.

Today, I'd like to introduce you to my friend Amanda Holden. She runs one of my favorite financial blogs – Dumpster Dog.

She wrote an article for Making Sense of Cents on why investing for retirement is important for women ( men )  – and how you can start. Enjoy!

Why Investing for Retirement is So Important for Women (and How To Do It)

Also, Amanda has a great investing class that I am an affiliate for.

Invested Development has upcoming classes in January and February. 

Because it is live, virtual, and classroom style, spaces in the class are limited and fill up quickly. 

Use the code SENSEOFCENTS for a $20 discount guaranteed seating and claim your financial independence and hopefully  location independent living,  as well. Invested Development will show you that investing is something that is absolutely within your capacity: don't put it off for one day longer.

Invested Development is great for beginners and for those looking to step up their investing game,  invest in vests.

Thanks!

Joao & JoAn

---------- Forwarded message ---------
From: Michelle Schroeder-Gardner <michelle@makingsenseofcents.com>
Date: Wed, Jan 1, 2020, 11:18 AM
Subject: Why Investing for Retirement is So Important for Women (and How To Do It) 
To: João <joaoa.desilva2020@gmail.com>

--%%Michelle from Making Sense of Cents

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