A late start in retirement investing is better than no start, advisors say. NerdWallet asked 15 financial advisors about the key steps required to make a late-in-life start in investment savings, including Paul Tyler, Nassau’s Chief Marketing Officer.
According to Paul, “We’d give late-to-the-table investors the same advice we give long-distance runners: ‘Lose a little weight and run a little bit faster.’ Losing weight means living in a less expensive manner so you can save more money. Many of us have saved money during the pandemic by changing how we live, eat, and entertain ourselves.Take this opportunity to make those changes permanent.”
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