Top 4 Retirement Planning Tips From Warren Buffett
Warren E Buffett is an American businessman, investor, currently the chairman and CEO of Berkshire Hathaway.
Warren E Buffett is an American businessman, investor, currently the chairman and CEO of Berkshire Hathaway.
"Never depend on single income. Make investment to create a second investment"
Think long-term investments
1
Long-term investments can be planned on the basis of your current income, goals and the expected returns from your investments.
Watch out for bonds
2
Bonds and other cash-based investments might seem safe, but Buffett believes that they’re anything but.
Don’t forget to plan your next phase
3
You should devote a healthy amount of attention to retirement income, don’t forget to plan what you’ll do after retirement.
Be cautious about financing the family
4
Retirement is about your life, not how you can finance everyone else’s.
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