If you will be asked, what is your Ideal retirement? I’m pretty sure almost every single person will have a different answer. We all have our own abstract idea on how we foresee our future retirement. Some might want to travel more and discover a lot of life has to offer, others might want to choose to focus on building their own families and for some, they might want to just have a simple life. However, there is one common denominator to these ideas. Everyone of us would want to secure our finances in the future. Being financially stable is one key point to consider if you are to achieve your ideal retirement. Allow us to help you with your goal with these seven steps:

1. Save 10% of your income to your retirement.

Many financial planners would suggest that you save at least 10% to 15% of your monthly income to your retirement. You may follow the “minus 10” rule to know how much of your savings must be alloted to your planned retirement. So if you are in your twenties 10% of your monthly income must be devoted to your retirement. If you think you cannot afford to save 10% monthly, try to start with 2% and increase it every month to hit that that 10% mark.

2. Do step 1 now.

Let’s not beat around the bush, the earlier you start saving, the sooner you’ll be able to retire. Retiring at a young age without having to worry of your finances is an accomplishment. You wouldn’t want to still be working when you reach an old age. Securing your future as early as now would be one of the smartest decisions you will ever make.

3. Focus on your earnings potential.

“Don’t just focus on your earnings, focus on your earnings potential”. With this being said, you also have to consider investing in yourself. Increase your knowledge and potential by undergoing additional trainings and certifications to further enhance your skills. You can also try to have an advanced degree on your chosen field, do not stop learning and always be updated of the current changes that is happening around you.

4. Invest Aggressively.

Your twenties is actually the best time for you to be bold with your investment. If you have an aggressive investment portfolio you are likely to endure a few bear markets in exchange for overall higher returns.

Visit Vidalia Lending and start Investing in our Personal and Business Loans. All procedures are done online so you don’t have to worry whether you are too far away or even if you’re outside the country. For as little as P5,000, you will be able to grow your money. You can access our website today and learn more about our offers.

5. Manage to have an automatic deposit.

Be able to set up a savings account that will automatically take out 10% of your income. Through this, you won’t have to worry whether you have saved some money or not.

6. Try to make allowances for your health.

This may sound a little cliche but “Health is wealth”. We are not born with supernatural powers, above all else, we should take care of ourselves. You should also have separate savings for your health along with your retirement.

7. Look for retirement plans.

It’s actually the most ideal way of securing your retirement, it not only makes it easier for you to plan, rather it plays a big role in attaining your target goal.

It’s better to invest in Vidalia Lending. As a Loan Investor, you won’t have to worry about the marketing, servicing, and collection of loans, all services are handled by us. In addition to this, you won’t be affected if borrowers are delayed with their repayments because Vidalia agrees to return your money invested on the loans.

Start saving and enjoy life after retirement img