For most individuals in their early twenty’s and also mid-thirties saving for retirement is often not much of a big deal or a matter of urgency until their golden age clock starts ticking fast. This is when they get a rude awakening that they are about to become baby boomers and they do not own even a single asset or business that they could rely on during retirement to their name. However, Christopher Linkas a highly proficient financial and investment pro strongly advises those with such habits to change them by saving as early as they can to prevent the last minute rush.
Reasons why young adults should start taking saving for retirement seriously
Even though it’s natural for the young generation not to fret about retirement as it often seems like its centuries away, Linkas says that saving is the only way to get greener pastures during retirement and also enjoy lifetime financial independence. Additionally, some aspects of investments only pay off if they are extended to a long period of time and thus the only way to enjoy their fruits is by starting as early as possible.
Talk of obstacles and how to overcome them
Nevertheless, even with that being said and done, Christopher Linkas acknowledges that there are factors which act as barriers to saving for such individuals. For instance, most of them do not have a six figure income which means that saving even a little percentage of it can cause major inconveniences in their lives. However, he is positive that with the right attitude and financial discipline it is possible to start saving early for retirement regardless of the income one receives.
Benefits of saving early
According to Linkas saving for retirement as early as possible does not deprive you anything but instead, it packs a bunch of benefits which you get to enjoy. For instance, it means a better, happier and stress-free life in future, it helps cultivate better spending habits and additionally puts you a step ahead of your peers who would rather spend their entire paychecks rather than save. Lastly, by saving you get to grow your compound interest capabilities which means you can take advantage of investment opportunities when they come your way in future.
Who is Christopher Linkas?
Best known for his sound financial advice, high profile career, and monumental success, Christopher Linkas is a well-known London based investor. Mr. Linkas has been sitting as the head of the European credit since 2012 now and boasts over two decades of experience in the finance arena. Initially, the renowned financial advisor had studied for a degree in philosophy but his passion for helping others learn the ropes of wise investment choices and saving led him to study finance.
That was a wise move because, after completion of his studies, Christopher Linkas immediately got a well-to-do job as an analyst and asset manager at RER Financial Group LLC. In just a few years, Mr. Linkas had already made a name for himself and has worked with various top-shelf financial institutions such as a UK based investment group among many others. He has also ventured in New York’s real estate having worked for various real estate fund businesses in the region. He is truly an icon and a source of inspiration to anyone looking to bettering his/her life.
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