Wise Wealth Builder Investing.Personal Finance.Entrepreneurship

Part1: Savings for Retirment and Child.. What Comes First?

By Francisco J. Colayco

There are two parts to this article. For those who are still young and have more urgent expenses, you probably wonder how anyone can talk of retirement when you are only in your 30s and have another 30-40 years ahead of you. You are faced with the need to pay for the education of your child, buy your own house or maybe you might find the need for your own car might even come first.

Times are hard. All costs are higher than ever and unfortunately, it will continue going higher. Thus, you end up telling yourself to forget about retirement and just focus on today’s needs first. After all, you tell yourself, you might not even live that long and you will certainly not live long if you cannot take care of today.