/PRNewswire/ Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, announced today that it has acquired the.
Planning for retirement should begin the moment you start to work, Wayne Ifill, Founder and Managing Advisor of financial planning and advisory firm Vanilla Financial Architecture Inc. has advised Barbadians.Speaking on Monday night during the second of a three-part online series hosted by the Barbados Coalition of Service Industries (BCSI) and the Barbados Association of Insurance and Financial Advisors (BARAIFA), Ifill said too often, people waited until they were in their 40s to begin taking retirement planning seriously.He said while all was not lost at this point, it was critical to start earlier.“You should start planning for retirement the day you start working. If you think about it, you might work for 40 years or thereabout and if you gauge by your grandparents you could live for another 30 years in retirement, which means you have about 40 years to earn income to support you during those 40 years and support yourself another 30 years after that,” Ifill explained as he pre