Prepare for medical expenses

Prepare for medical expenses

As you get older medical expenses tend to get higher. You may not feel the pinch now if your employer covers your medical bills or if you are covering the bills using proceeds from your various businesses. This pinch will be felt when sources of income are constrained...
Pay down debt

Pay down debt

The saying goes, “Debt is the slavery of the free.” as put by Publilius Syrus. Debt is the last thing you would want to accompany you to your retirement. Debt has proven to be the most detrimental aspect of many retirees’ lives. It has caused retirees to...
Make an investment plan

Make an investment plan

Last week we discussed the importance of budgeting, which allows you to accumulate savings. Saving alone without an investment plan is like planting a seed in dry sand—no growth can happen. You therefore need a solid investment plan for your savings. For your...
Create a budget, start immediately

Create a budget, start immediately

When I was younger, the idea of investing, saving, or even planning for retirement, always led to the thought “I still have a lot of time for that”. And maybe I do, but what I learned at the Retirement Planning Seminar by NICO is that the longer I wait to start...