Wondering about saving for retirement? Here are a few tips from a financial expert:
It's important to save for retirement starting at a young age. When you're young, you have a lot of years to save before you'll need the money. The longer your investment timeframe is, the more you can invest in stocks.
I recommend investing more in stock index funds because they are more diversified. In other words, they have more stocks and therefore are less susceptible to large swings when one stock does badly. Also, index funds tend to have lower fees.
