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


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


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


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


Retirement is about your life, not how you can finance everyone else’s.