Top 4 Retirement Planning Tips From Warren Buffett

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.