Saving for retirement is a long process, but many retirees have shared their top tips with Business Insider.
Retirees suggest investing in real estate to create income in retirement, and saving 15% of your income from a young age.
Start saving 15% of your income while you're youngFinancial planner and writer Chloe A. Moore shared the retirement advice her uncle used to retire at 56.
Saving for retirement works best when start young — retirement savings rely on time and compound interest to grow.
Owning these properties was important when both of her parents retired, and especially after her father died.
Persons:
—, it's, Chloe A, Moore, Donna Fenn, Fenn, Choncé Maddox, Maddox, They've, Robin Kavanagh's, Olivia Christensen, Ellen Young, Christensen, Young
Organizations:
Business, Service, Social