Double your retirement portfolio

 

How to double your retirement portfolio? 

A midlife crisis is a transition of identity and self-confidence that can occur in middle-aged individuals, typically 45 to 65 years old. One of the most important aspects that you start to give more attention to during the middle aged years is your ‘retirement portfolio’. With growing life span and more arenas to spend on, we have to be more mindful of our retirement expenses and hence we need to focus on growing our retirement portfolio during the middle aged years. 

 

There are three main areas on which we can work to increase our retirement portfolio with the intention of doubling it. These areas are: understanding short term and long term taxation, understanding when and how to switch the asset classes in the asset portfolio and lastly, how to modify our financial behaviour to favour growth of the retirement portfolio. 

 

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