We here at Do Not Wait like to look at personal finance topics from all ages. A blog that deals with retirement can’t come with a one-size-fits-all sort of format. This is why we present different discussions for the diverse readership of this blog. Today we’re going to look at the importance of retirement planning in your 30s. While I’m not 30 or anywhere close to it, I decided to reach out to a few older friends to gather their thoughts on retirement planning in your 30s.
Why is retirement planning important in your 30s?
You want more stability.
As you get older you want more stability. You don’t want to take as many risks with your money and time. At this point you likely know what you want out of life and you go for it. You want stability. You want to know that you have retirement in sight at some point. You don’t want feel that you’re stuck in some vicious cycle forever.
You’ve made up your mind on real estate.
Most of my friends in their 30s have made up their minds on real estate. They’ve decided if they want to rent or own at this point. Those that want to own, are in the process of buying a home or already have that own. Those that rent, are happy with their situation and the flexibility that renting offers them.
Once you make up your mind on your living situation, you can then determine how much money you want to put towards your retirement. With rent or a mortgage, you can budget how much of your income goes towards bills, savings, and retirement. This is important because you can see where you stand with your retirement plans.
You want a career with growth potential.
Retirement planning should be taken into account when it comes to career choice because you want to find a job where you have the opportunity to maximize your retirement contributions. In your 30s you’re going to want to amp up you career situation, your retirement savings, and your plans overall. My friends all tell me that by this point you want to be making more money and saving more for retirement.
That’s why you should take retirement planning seriously in your 30s. Not to say that you should get more serious in your 30s than your 20s or your 40s.
What retirement moves have you been making in your 30s?


