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DO THIS before you retire! Make Money TODAY with 3 ESSENTIAL STEPS!!
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Planning for retirement is crucial, no matter your age or income. While most people aim to retire, only 43% of adults feel they’ll be financially comfortable when they do. With inflation and rising living costs, securing a stable future is a challenge for many.
Here’s how to invest your money, time, and energy wisely to create a comfortable retirement.
1. Where to Invest Your Money
With inflation eating away at the value of your savings, investing is crucial. If your money isn’t growing at a rate that beats inflation, you’re losing purchasing power over time. Inflation in the U.S. averages around 3.8% per year, which means if you aren’t getting returns higher than that, your savings are effectively shrinking. Many retirees have felt the pinch, with 90% saying inflation has forced them to cut spending. One of the best ways to combat this is by putting your money into stocks or funds, which historically outperform inflation. However, traditional day trading isn’t always the answer, as 75% of day traders quit within two years due to unprofitable trades.
2. Where to Invest Your Time
Time is one of your most valuable resources…