20 Financial Considerations for Retirement
7. Make and Follow an Investment Plan
Despite the large amount of information and resources available to consumers on investing today, many people fail to take into consideration that they actually need to create and follow an investment plan for retirement. This often overlooked consideration can make a big difference when it comes to the bottom-line when time to retire. The last thing that any investor wants to do is not have a plan and make financial decisions based on emotions when executing their investment plan. One of the more popular methods used by consumers over time is to invest a set dollar amount each month into the targeted investment vehicles (dollar cost averaging).