3. Depending Only on Retirement Fund

There is no better investment than retirement but depending solely on this for old age is not a very good idea. The first category of people doesn’t even plan for retirement, while another depends blindly on it. You have to choose a middle path here. As a responsible employee, you must work towards your retirement fund. There is no boycotting this. But you need to accumulate other assets as well. Invest wisely in land and gold. These will ensure you cash when sold. As young employees, build your investment portfolio and try and gain a decent amount of money. Remember the stock investment formula – (100-Your Age = Percentage You Should Invest in Stocks.)