Unless you plan to work until you drop dead, you’re going to need money to live on when you retire. Any idea how much money you’ll have? Your Social Security report is a good place to start.
Unless you’re one of those people riding around with a bumper sticker on your car that says, “I’m spending my kid’s inheritance,” it’s never too early to start planning the distribution of your estate.
When beginning an investment program, it’s important to understand the three general categories of investments: stocks, bonds and cash equivalents.