Solutions For RealSolutions For Real
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

You Don’t Need A Retirement Coach—Or Do You?

June 30, 2025

Cut Costs Not Quality: 5 Grocery Upgrades That Save Money in the Long Run

June 30, 2025

10 Creative Ways to Save for a Big Goal (Like a Vacation!)

June 30, 2025
Facebook Twitter Instagram
Trending
  • You Don’t Need A Retirement Coach—Or Do You?
  • Cut Costs Not Quality: 5 Grocery Upgrades That Save Money in the Long Run
  • 10 Creative Ways to Save for a Big Goal (Like a Vacation!)
  • Access to 1,000+ Skill Courses Is Now Just $20
  • Try This AI-Powered Stock Picker
  • What’s Your Retirement Forecast? Heat, Hurricanes And Wildfires Ahead
  • 15 States With the Highest Bacterial Contamination in Retail Meat
  • 40 Remote Companies With 4-Day Workweek Jobs
Monday, June 30
Facebook Twitter Instagram
Solutions For RealSolutions For Real
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
Solutions For RealSolutions For Real
Home » To Retire Someday, When’s The Right Time To Start Investing?
Retirement

To Retire Someday, When’s The Right Time To Start Investing?

News RoomBy News RoomAugust 5, 20230 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

With constantly changing regulations, a market that seems to be continuously in flux, and inflation driving costs up across the board, it can be hard to know when and if you should start investing your money.

So how do you know when you should start?

When you’re able to.

The most basic answer to this question is, “as soon as you’re able,” because time is on your side when you start earlier.

Any type of investing that you get involved in will perform based on several variables—how much you put away, how often you contribute, what you’re investing in—but the most important variable you will always have is time. The longer you have for your investment to grow and mature, the better your outcome is likely to be.

When you’re out of adverse debt.

Consumer debt is a huge issue in our country, and student loans may be the worst contributor. If you’re starting a career and want to begin investing, but you have enormous student loans or other debt, it may be important to begin chipping away at that debt first before you start focusing on investing.

Fill in the hole in the sand so you have a level foundation when you start building your castle.

When you begin working.

When you start your career, you’re likely going to be offered an employee benefit package that includes options for investing for retirement. How you start investing will depend a little bit on what your employer has to offer.

If your employer offers a 401(k), for example, and there’s an employer match, that’s like an income tax-free raise. It’s worth contributing to take advantage of the employer match, even if you have some debt to repay.

When you understand your goals.

When you invest, you must consider your time horizon.

Are you investing for the long term? Are you investing for a short term or a more immediate goal?

If you’re investing for the long term, you can put things into tax-deferred accounts, tax-favored investments, or other more illiquid investment vehicles that don’t give you access to your capital until you reach retirement age.

If you’re investing for a shorter-term goal, like a first home, college for your kids, or just simply having a nest egg, it may make sense to be a little bit more conservative and to stay reasonably liquid so that you can access your capital when you need or want it.

The lesson:

It’s always better to start investing sooner than later and to be consistent along the way. If there are liabilities that you need to clean up, I would strongly encourage you to do that first and then look at the various options. Try to find the free money—whether it’s a match in a 401(k), a health savings account, a profit-sharing plan, or a stock purchase plan where you can buy company stock and get a discount on it. There are a lot of ways to amplify your retirement savings, including having some assistance from another party, but you have to start as soon as you’re able to do so.

The opinions expressed in this commentary are those of the author and may not necessarily reflect those held by Kestra Investment Services, LLC or Kestra Advisory Services, LLC. This is for general information only and is not intended to provide specific investment advice or recommendations for any individual. It is suggested that you consult your financial professional, attorney, or tax advisor with regards to your individual situation. Comments concerning the past performance are not intended to be forward looking and should not be viewed as an indication of future results.

Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. Brotman Financial Group, Inc. and BFG Financial Advisors are not affiliated with Kestra IS or Kestra AS.

Investor Disclosures: https://bit.ly/KF-Disclosures

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

You Don’t Need A Retirement Coach—Or Do You?

Retirement June 30, 2025

What’s Your Retirement Forecast? Heat, Hurricanes And Wildfires Ahead

Retirement June 29, 2025

Private Equity In Your 401(k)? Trump May Reshape Retirement Investing

Retirement June 28, 2025

An Overlooked Truth About The Healthiest Way To Age

Retirement June 27, 2025

Why You Must Involve Your Adult Children In Your Financial Plan

Retirement June 26, 2025

4 Steps To Build A Portfolio Of Lifetime Retirement Income

Retirement June 25, 2025
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

Cut Costs Not Quality: 5 Grocery Upgrades That Save Money in the Long Run

June 30, 20250 Views

10 Creative Ways to Save for a Big Goal (Like a Vacation!)

June 30, 20250 Views

Access to 1,000+ Skill Courses Is Now Just $20

June 30, 20250 Views

Try This AI-Powered Stock Picker

June 30, 20250 Views
Don't Miss

What’s Your Retirement Forecast? Heat, Hurricanes And Wildfires Ahead

By News RoomJune 29, 2025

June 22 marked one of the first days of summer, but in the Northeast, it…

15 States With the Highest Bacterial Contamination in Retail Meat

June 29, 2025

40 Remote Companies With 4-Day Workweek Jobs

June 29, 2025

Struggling to Stick to a Routine? Here’s How AI Can Help

June 29, 2025
About Us
About Us

Your number 1 source for the latest finance, making money, saving money and budgeting. follow us now to get the news that matters to you.

We're accepting new partnerships right now.

Email Us: [email protected]

Our Picks

You Don’t Need A Retirement Coach—Or Do You?

June 30, 2025

Cut Costs Not Quality: 5 Grocery Upgrades That Save Money in the Long Run

June 30, 2025

10 Creative Ways to Save for a Big Goal (Like a Vacation!)

June 30, 2025
Most Popular

Century 21 CEO optimistic over 2025 real estate market: Here's what buyers 'don't realize'

December 16, 20241 Views

This Retiree’s Leisurely Side Hustle Makes $66,000 a Year, No Degree Required

March 1, 20241 Views

15 Best Paid Survey Sites For Kids

December 12, 20231 Views
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2025 Solutions For Real. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.