The Rules of Wealth, 4th Edition

RULE 90

Put something aside for your old age – no, more than that!

When you realize you are cracking along fast in the outside lane of the age motorway and can see less road ahead than there used to be, you should be keen to make sure that if you do stop earning you will still be able to afford the level of style, luxury and comfort you now enjoy or want to enjoy.

There are some really good reasons why you should put aside money for your old age:

• You can’t rely on the state any more.
• If you don’t save for yourself, then you may have to rely on the kindness of strangers – or family, which might be worse.
• If you have no old age plan, you may lose control of your level of comfort, style and luxury.
• If you have no plan, you will lose control of ...